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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% The update finds that world demand for electricity grew by 2.2%

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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.

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Avangrid Withdraws Guidance on Coronavirus, Vineyard Wind Uncertainty

GreenTechMedia

gigawatt onshore wind power fleet. wind power producer behind Berkshire Hathaway Energy and NextEra Energy, according to the American Wind Energy Association. Many of its employees are doing their jobs from home, and a smaller number unable to work as they care for sick relatives, the CEO said.

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'How to withstand Russia's energy blackmail': IEA warns further clean energy measures 'vital' to closing gas supply gap in 2023

Business Green

Additional €100bn for renewables, heat pumps, energy efficiency, and biomethane needed as EU faces 'sterner' gas supply test next year, IEA warns. The additional €100bn the IEA said is required to bolster Europe's clean, efficiency energy sources in 2023 amounts to less than a third of that mobilised by EU member states so far this year.

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

Business Green

Price and demand projections have been trimmed and there is a real sense that the clean energy transition that much of the industry has tip-toed around for the past decade could be about to accelerate. per million British thermal units, down from $3. This is a trend that pension fund trustees cannot ignore.".