Remove 2014 Remove Demand Remove Nuclear Power Remove Solar Power
article thumbnail

Highlights from the 2022 BP Statistical Review

R-Squared Energy

The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Energy consumption and production dramatically dropped in 2020, but since then demand has rebounded. Global coal consumption has been on a downward trend since peaking in 2014. in 2020, nearly reaching 2014 levels.

article thumbnail

Highlights From The BP Statistical Review Of World Energy 2021

R-Squared Energy

The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. For example, as I will detail below, oil demand fell dramatically last year, but we already know that it has largely recovered in 2021. Global coal consumption has been on a downward trend since peaking in 2014.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

PG&E’s Latest Energy Storage Procurement Includes Fleet of Behind-the-Meter Batteries

GreenTechMedia

This foray into behind-the-meter battery aggregation comes as part of PG&E’s efforts to meet the California Public Utilities Commission’s call for energy storage to help balance the state’s increasingly solar power-influenced grid. gigawatt-hours, of energy storage projects.

article thumbnail

Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

She was invited on the show (1:24) to discuss the National Grid’s ‘demand flexibility service’ scheme, under which households and some businesses receive payments for using less energy at times of peak demand. She added: “And so whenever it isn’t windy we’re starting to get into issues of the grid being stressed”.

article thumbnail

Utilities Propose First Regional Grid-Balancing Market in Southeastern US

GreenTechMedia

Since its launch in 2014 , the EIM has led to an estimated $920 million in benefits for participating utilities, by allowing them to correct for gaps between exchanges organized via day- or hour-ahead agreements and fluctuating real-time energy demands. Eight more Western U.S.

Organic 130
article thumbnail

Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

Municipal utility Los Angeles Department of Water and Power has contracted for up to 300 megawatts/1.2 gigawatt-hours of storage being built alongside 400 megawatts of solar power being built by 8Minute Energy. Pacific Gas & Electric is contracting seven battery projects totaling 423 megawatts , or nearly 1.7

article thumbnail

Texas Energy System Faces a Winter Reckoning

GreenTechMedia

Winter electricity demand hit record highs of more than 69 gigawatts on Sunday evening, spiking pressure on the grid. However, the root cause of the grid emergency is not excess demand but rather lack of supply. “We’ve lost multiple gigawatts of coal, we’ve had a nuclear power plant trip offline” — the 2.4-gigawatt