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COMMENTARY: The 2025 Energy Transition in Eight Charts: Clean Wins, Dirty Setbacks

By Gavin Maguire LITTLETON, Colorado, Dec 30 (Reuters) – For supporters of the energy transition, 2025 had plenty to complain about: the scrapping of U.S. clean energy policies, wind droughts in Europe, corporate retreats from wind power generation and a resurgence in coal-fired power output. Yet there were also developments to celebrate, including record deployment …

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Charted: Global Energy Demand by Fuel Type (2024-2050P) – Visual Capitalist

By Dorothy Neufeld | Graphics/Design Joyce Ma Key Takeaways Oil, coal, and natural gas were the leading sources of global energy demand in 2024. While coal demand is set to drop the most by 2050, solar and wind demand is forecast to surge. Fossil fuels powered 80% of global energy demand in 2024, with this …

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TotalEnergies Wins 21-Year Deal to Power Google Data Centres in Malaysia

Dec 16 (Reuters) – France’s TotalEnergies (TTEF.PA) said on Tuesday it had signed a 21-year power supply deal with Alphabet’s Google (GOOGL.O), pledging to supply 1 terawatt hour of renewable energy to support its data centres in Malaysia. The French energy major said the power would be generated by the new Citra Energies solar plant …

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Texas Makes Clean Power Breakthrough as Solar Output Overtakes Coal

Gavin Maguire (Reuters) – For the first time, Texas’ main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a key new energy transition milestone for the largest power network in the U.S. The Electric Reliability Council of Texas (ERCOT) generated 2.64 million …

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US Solar Installations Jump 49% in Third Quarter, Report Says

(Reuters) – The U.S. solar industry installed 11.7 gigawatts of new solar capacity in the third quarter, a jump of 49% sequentially, a study by the Solar Energy Industries Association and Wood Mackenzie showed on Tuesday. The report said solar accounted for 58% of all new electricity-generating capacity added to the U.S. grid through the …

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NextEra Energy Forecasts Higher Adjusted Profit Growth in 2026

Dec 8 (Reuters) – NextEra Energy (NEE.N) on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power demand driven by data centers. This move comes amid increased power demand driven by data centers strains grids across the country and as a wave …

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Canadian Solar Transfers Assets to Avoid U.S. Scrutiny on China

Canadian Solar, was the world’s seventh-biggest producer of solar panels last year A major solar panel manufacturer is transferring the assets of its Chinese unit to Canadian ownership, to safeguard sales into the U.S. as Washington steps up scrutiny of imports from the Asian nation. CSI Solar Co., based in Suzhou, will sell 75.1 per …

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COMMENTARY: Limp COP30 Deal Matters Little in Renewables vs Fossil Battle

Clyde Russell Summary (Reuters) – The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit. It was always going to be a tall order to put nearly 200 countries with massively different perspectives together and deliver a strong statement …

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COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso

By Ron Bousso Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON, Nov 20 (Reuters) – Stalled climate negotiations at COP30 and stubbornly high fossil fuel demand reflect the growing market consensus that the energy …

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The Future of the Energy Transition Will be Fractured, Bumpy and Long: Bousso

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago. The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate agreement signed …

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