Renewables Rise, Storage Booms & Record Solar Growth
This week’s energy stories cover key trends shaping the global energy landscape—from the rapid rise of renewables and battery storage to record-breaking construction projects and a glimpse at oil extraction processes.
🌍 Renewables Rise, Nuclear Declines in Global Power Mix
The global electricity mix is shifting, with renewables like solar, wind, and hydropower gaining share, while nuclear power is playing a shrinking role. Since 2000, renewables have grown rapidly, but nuclear energy's contribution has declined, limiting overall progress toward low-carbon electricity.
🔋 Battery Energy Storage Market Booming
Battery energy storage is the fastest-growing segment of global battery demand, expanding rapidly over the past three years. China leads the market, accounting for about two-thirds of global battery energy storage capacity.
☀️ Solar Installations Now Dwarf Coal's Peak
In 2015, global coal power construction peaked at 102 GW. By contrast, in 2023, the world installed an astonishing 599 GW of solar capacity—six times more than coal's peak. The scale of solar growth marks a turning point in global energy trends.
🏗️ World’s Largest Cooling Tower Under Construction in China
Construction is underway on the world’s largest cooling tower at SPIC’s Lianjiang nuclear power plant in China. The tower will reach 218.7 meters in height, with a base diameter of 174.5 meters. The plant will host six reactors across two phases.
🤖 How Onshore Oil Extraction Works
A visual model breaks down the process of extracting oil from onshore fields, showing key steps in how crude oil is brought to the surface.