article thumbnail

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.

article thumbnail

Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. ” RAB: Nuclear's next top model? When the U.K.

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

Is Load shedding the solution?

Smart Energy International

When the electric grid is under strain, many electric utilities use the load shedding technique to lower demand and balance it with energy production. The idea is to turn off the power supply to certain areas on a cyclical basis, for example, two hours ON, then two hours OFF. The actual power gap now exceeds 8GW.

article thumbnail

Making sense of the flow: The control possibilities enabled by actuators

Envirotec Magazine

Actuators are a vital component in a wide range of systems used in water, energy and other industries. Today’s electric actuators can be remotely controlled, and receive commands to open or close from industrial control systems like SCADA or DCS. But what exactly is an actuator? What does it do?

article thumbnail

Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Image: GridBeyond. Demand side measures.

article thumbnail

Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.

article thumbnail

Crypto mining and data centres – the green challenge

Smart Energy International

Crypto mining and data centres are two sides of the same coin when it comes to energy use and management – but the similarity divides. Crypto mining operations and data centres are both in essence banks of IT systems – energy hungry with the demand for round-the-clock computation and the necessary cooling. Renewable energies.