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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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Advanced metering infrastructure and smart grid

Smart Energy International

The development and use of smart grid technologies is now one of the largest challenges in electrical engineering. How to understand the term ‘smart grid’. Energy demand response and supplementary services are the two main segments that make up a smart grid’s operation. The way to the smart grid.

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'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The company cut expectations for Brent crude prices in 2022 from $60 to $50 a barrel, while Henry Hub US gas price projection now stand at $2.50