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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?

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Global Energy Monitor: ASEAN nations’ renewables portfolios grow to 28GW, up 20% from 2022

PV Tech

The ten members of ASEAN plus Timor-Leste, have over 28GW of operating utility-scale solar and wind capacity.

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AutoGrid Responds Across the Globe to a Summer Like No Other

AutoGrid

This heat feeds surging demand for electricity and increased strain on already taxed power grids. These climate change linked trends are highlighting the growing need for distributed energy resource management systems (DERMS) that can manage the grid intelligently while quickly responding to the real-time needs of grid operators.

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EGAT advances Thailand’s smart grid development

Smart Energy International

Thailand’s state power company EGAT has taken the next step in its smart grid development with new centres to enhance the stability of the power system and support clean energy development. Have you read?

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Smart Energy Finances: Decarbonisation purchasing moves up the ESG agenda

Smart Energy International

This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up. Microgrid debt financing.