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Nuclear Power Could Cut The World’s Carbon Emissions In Half

R-Squared Energy

In the previous article Renewable Energy Grew At A Blistering Pace In 2021 , I highlighted the inability of renewable energy to keep up with overall energy demand: “But here is the challenge the world faces. exajoule global increase in renewable energy consumption, global energy demand increased by 31.3 Against the backdrop of the 5.1

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The World Won’t Get To Net Zero Emissions Without Nuclear Power

R-Squared Energy

Any time I write about nuclear power, it evokes passionate responses from readers. That was certainly the case following my previous article, Nuclear Power Could Cut The World’s Carbon Emissions In Half. There is always a contingent who are convinced that all we need is solar power. Where is nuclear power growing?

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Highlights from the 2022 BP Statistical Review

R-Squared Energy

Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. 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.

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Demand response proves more profitable than Bitcoin mining in Texas

Smart Energy International

Bitcoin miner Riot Blockchain earned estimated power credits of $9.5 million for demand reduction from ERCOT in July. million in power credits and other benefits from curtailment activities including the reduced power costs equates to approximately 439 Bitcoins – significantly outweighing the reduction in Bitcoin mined.

Demand 97
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Britain's power grid celebrates greenest day and month on record in 2022

Business Green

More than half of the UK's electricity came from zero carbon sources across five months last year, as Britain celebrated a flurry of fresh green grid records in 2022, according to National Grid ESO. Favourable conditions then saw that record once again broken by the year-end, with 20.918GW of wind power generated on 30 December.

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

Smart Energy International

Since the 2011 Great East Japan Earthquake, the nuclear power generation fleet has had its output been effectively mothballed with output below 20% of earlier levels. Imported fossil resources contribute to all three of the challenges of the energy transition. Demand side measures. Image: GridBeyond.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

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. While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Oil demand grew by 3.1%