Utility Bidder release, Net zero by 2050 Report
A study carried out by Utility Bidder looked at the UK’s generation of electricity through fossil fuels and through renewables to find how ready the country is to reach net zero by 2050.
The study also had a closer look at the UK’s electricity production, to find that the country generates close to equal amounts of electricity from fossil fuels and renewable energy sources.
The UK’s biggest contributor to its electricity production is gas, which accounts for a total of 122.57 terawatt-hours of electricity production. While the UK’s biggest renewable energy source is wind, which generated 64.37 TWh of electricity in 2021.
Lastly, Utility Bidder’s research revealed the world’s carbon emissions. Despite being a relatively small country compared to some on our list, the UK emitted 0.33 billion tonnes of CO₂ in 2020, placing it within the top 20 biggest polluters of 2020.
FURTHER FINDINGS:
China was found to be the country that emits the most CO2 in the world, having emitted an enormous 10.67 billion tonnes of CO₂ over 2020, 30.65% of total global emissions.
China generates the most electricity from fossil fuels in the world: 33.33% of the world’s energy production of electricity from fossil fuels.
Russia is the biggest exporter of natural gas, having exported the highest volume of natural gas over 2020, 199,928 mcm.
China added the largest amount of energy storage capacity last year, adding 1.6 GW.
Coal is currently the world’s main source of generating energy: 36% of the world’s electricity every year.
Information Source: Read More
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