News
03 June 2020

Replacing world’s costliest 500GW of coal with solar and wind would shave $23bn off system costs

In:
Metals and Mining, Power, Renewables
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Replacing the costliest 500GW of coal with solar photovoltaic and onshore wind would cut power system costs by up to $23 billion a year and reduce annual carbon dioxide emissions by around 1.8 gigatons - equivalent to 5% of total global CO2 emissions in 2019, a new report shows. The study -...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...

Perspective
10 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...