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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

Wind turbines and power lines can be seen against the evening sky near Leuna, Germany on October 4th, 2022. Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Electricity demand actually fell by 3.4

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Can Renewables Restart the Grid? The UK Investigates

GreenTechMedia

” Distributed ReStart was launched in January 2019 and is set to run to March 2022, with £10.3 National Grid is carrying out the project in partnership with the Iberdrola-owned electricity distributor SP Energy Networks and TNEI, an independent energy consultancy. million ($13.5 million) in backing from the U.K.’s

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Rising battery storage costs: A long-term trend or short term blip?

Business Green

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins in the face of challenging economic headwinds and soaring energy costs worldwide.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Andy Marsh, CEO of report sponsor Plug Power, noted Monday that the company’s hydrogen fuel cell-powered forklifts and distribution center vehicles used by customers like Amazon, Walmart, Home Depot and Lowe’s are using about 27 million tons of hydrogen per day, supplied by its more than 100 fueling stations across the country.

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

Business Green

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 The organisation concluded that no oil and gas firms across Europe and the US are currently basing their asset valuations on realistic price assumptions for oil.

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Cascadia is known for strong climate action. So why are emissions still rising?

Grist

The answer, according to activists, experts, and officials, is to identify the region’s next steps for climate-cutting action, and press harder in 2022. The region’s power grid — part of a larger Western grid — is too weak and fractured to reliably integrate the massive increase in renewable energy needed to decarbonize.