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How will the energy crunch impact the transition to renewables?

Renewable Energy World

Record-high natural gas prices are fueling an energy crunch ahead of winter in the Northern Hemisphere, leading to power shortages in parts of the world. On one hand, developing countries eyeing a switch from coal to natural gas to support higher penetration of renewables may be dissuaded by higher gas prices.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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U.S. Coal Consumption Down 50% From Peak

R-Squared Energy

The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Previous articles covered overall energy consumption , petroleum supply and demand, and natural gas. Coal is often called the dirtiest fossil fuel. What is meant by that?

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U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

as the world’s top liquefied natural gas (LNG) exporter, this week the Energy Information Administration reported that the U.S. refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. From 2004 through 2007, U.S. million BPD.

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Canada risks missing out on fast-moving hydrogen opportunity: report

Clean Energy Canada

A Bank of America analyst recently compared the investment opportunity to that of smartphones before 2007. Canada is among the top-10 global hydrogen producers , but most of this hydrogen is created using fossil fuels, making it part of the climate problem. VANCOUVER — Hydrogen is getting people talking.

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South Carolina’s Past Failures and New Policies Contribute to a Brighter Future for Solar and Battery Storage

Renewable Energy World

As states and the federal government take steps to transition away from fossil fuel generation, it is important to pay attention to recent clean energy developments in states where energy legislation has historically been less proactive, and the traditional integrated utility monopoly model has held influence over the policymaking process.

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Media brief: The carbon price in B.C. and its impact on emissions, jobs and the economy

Clean Energy Canada

Since 2008, the carbon price has substantially reduced the consumption and demand for fossil fuels including: Reducing demand for gasoline by between7% and 17% by 2011. Decreasing residential natural gas consumption between 6.9% drivers to purchase more fuel-efficient vehicles.

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