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


Video
05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of...

Expert opinion
11 May 2026

Why SMEs are the future of export finance

SME EPC contractors may lack the scale and track record of the industry’s traditional heavyweights, but in emerging market infrastructure they are becoming too important for...