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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Under the law, Dominion Virginia and the smaller Appalachian Power Co. must supply 30 percent of their power from renewables by 2030, and Dominion must close all carbon-emitting power plants by 2045. Retreat from natural gas not enough for environmental advocates.

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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

The primary culprits behind coal’s decline are competition from cheap natural gas brought on by the shale gas boom in the U.S., But the natural gas and subsequent oil boom were victims of their own success. Global oil demand fell by as much as 30 million BPD, followed by gas and coal demand.

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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.

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Renewable energy sources dominate U.S. electrical generating capacity in 2020

Renewables-Info

FERC's latest monthly "Energy Infrastructure Update" report (with data through August 31, 2020) also reveals that natural gas accounted for 36.5% (6,029 MW) of the total, with very small contributions by coal (20 MW) and "other" sources (5 MW) providing the balance. share five years ago to 44.6%

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UK’s Power Sector in Negative Emissions by 2033, Grid Operator Says

GreenTechMedia

Unabated natural-gas use will be halved by 2038. The results of consultations on the funding of new nuclear power are also expected soon. These were part of a legacy £1 billion funding competition that was canceled in 2015, six months before the winners were due to be announced.

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UK Boosts Hydrogen, EVs and Carbon Capture With New Net-Zero Plan

GreenTechMedia

He expects blue hydrogen made from natural gas via steam reforming to meet around 80 percent of the 5 GW target, with HyNet alone planning for 3.5 Nuclear power will receive £525 million for the development of large and small-scale reactors. GW of blue hydrogen capacity by 2030. The hydrogen plans described above.

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