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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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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.

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Comment: Europe’s struggle to understand energy economics

Envirotec Magazine

This system, in use since the start of the liberalisation of electricity markets in the 1990s, works as a continuous auction, ensuring that electricity sources with the lowest cost of production are used to meet demand first. All suppliers bidding in this auction get paid the same price, namely the price that balances demand and supply.

Energy 147
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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

This geographic diversity reduces the likelihood that renewables won’t be able to meet demand, thereby decreasing the amount and duration of energy storage required to cover those gaps, he said. The differences in costs add up to big numbers over the course of the next two decades, he said.