Dido Gompertz
didogomp.bsky.social
Dido Gompertz
@didogomp.bsky.social
Energy policy at E3G. Interested in all things climate, geopolitics, energy transition. Views mine
Reposted by Dido Gompertz
📉 A historic milestone in the #EnergyTransition:

In 2024, for the first time on record, there were no new steam turbine orders for coal-fired power plants in advanced economies.

A clear signal of shifting investment trends.

🔍 From @iea.org’s latest #WorldEnergyInvestment report.
World Energy Investment 2025 – Analysis - IEA
World Energy Investment 2025 - Analysis and key findings. A report by the International Energy Agency.
www.iea.org
June 12, 2025 at 3:27 PM
Reposted by Dido Gompertz
NEW | World surpasses 40% clean power in 2024, driven by a RECORD rise in renewables 📈

Solar has DOUBLED in just three years, remaining the world’s fastest-growing source of new electricity and the engine of the energy transition ⚡

ember-energy.org/lat...

#GER2025
April 8, 2025 at 9:00 AM
Trump's push to revive coal ignores the economic reality. The new #BoomandBust report shows he failed to bring coal back in his first term—retirements actually increased after Obama. This time round, clean energy alternatives are even cheaper: globalenergymonitor.org/report/boom-and-bust-coal-2025/
April 9, 2025 at 11:02 AM
Reposted by Dido Gompertz
Solar is quickly becoming the cheapest source of electricity & will fundamentally change the energy system.

This paper argues that solar will be cheapest source of electricity around the world. Surprisingly this is AFTER including short- & long-term storage costs.

www.nature.com/articles/s41...
March 24, 2025 at 12:07 PM
Reposted by Dido Gompertz
Just saying this again because it's important: fossil gas was responsible for the biggest chunk of the rise in emissions in the energy sector from 2023 to 2024

Gas is a fossil fuel and a pollutant: dumping it and burning it causes suffering and death to living things

[note the truncated y axis]
March 25, 2025 at 9:21 AM
Reposted by Dido Gompertz
NEW: Official advisers CCC say UK shld cut emissions 87% by 2040

⚖️Net cost of net-zero 73% less than thought
💷Total cost to 2050 = £108bn (~£4bn/yr, 0.2% GDP)
🏡🚗H’hold energy/fuel bills to fall £1,400
🔌Electrification is key

THREAD + charts

www.carbonbrief.org/...

1/10
February 26, 2025 at 10:27 AM
Reposted by Dido Gompertz
UK net zero economy grows 10% in a year, finds new report

Sector “critical” to Government’s growth agenda.
UK net zero economy grows 10% in a year, finds new report
Sector “critical” to Government’s growth agenda
buff.ly
February 26, 2025 at 2:15 PM
Interesting framing from the Times - backsliding doesn't inspire confidence #BP
Times: "BP chief's big reset wipes nearly £1bn off the shares"
February 27, 2025 at 12:14 PM
Reposted by Dido Gompertz
A funny thing happened between 2020 and 2025. The UK's cost to reach net zero fell by 75%. The net cost is a mere 0.2% of GDP or about £4 billion per year, after accounting for the savings from energy efficiency and falling fossil fuel consumption.

Free to read: www.bloomberg.com/news/article...
February 27, 2025 at 10:30 AM