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Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

ABB’s Power Grids unit earned about $10 billion in annual revenues last year from its businesses ranging from high-voltage transmission systems and transformers to distribution grid controls and battery systems. A key focus will be on “building a zero-carbon society with various measures including the use of renewable energies.”

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Highlights From The BP Statistical Review Of World Energy 2021

R-Squared Energy

Small declines were also reported in coal, natural gas, and nuclear consumption, while renewables and hydropower recorded gains. The remainder of global energy consumption came from coal (27.2%), natural gas (24.7%), hydropower (6.9%), renewables (5.7%), and nuclear power (4.3%). Renewables and Nuclear Power.

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Examining the Limits of ‘Energy Return on Investment’

GreenTechMedia

In a 2014 review , Hall, Lambert and Stephen Balogh of State University of New York found that PV had a mean EROI of around 10:1. ” Of all the carbon-free generation options studied, only hydropower emerged as a promising energy source, with an EROI of 84:1.

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SUN DAY says data show renewables could meet 33% of need by 2030…and maybe more

Renewable Energy World

EIA’s most recent “ Electric Power Monthly ” report reveals that renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided 22.5% In April 2011, solar and wind accounted for 3.74% of the nation’s generating capacity while hydropower, biomass, and geothermal accounted for 10.23%.

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The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. Carbon Tracker states that the world is “witnessing the decline and fall of the fossil fuel system”. The transition is among us. Betting on a recovery is exactly what the second camp is doing however.