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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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DISTRIBUTECH International announces Host Utility, partnerships to support navigation of the energy transition

Renewable Energy World

DISTRIBUTECH International, the leading annual transmission and distribution event, is pleased to announce its Host Utility Oncor, as well as partnerships with the California Energy Storage Alliance (CESA), Forth, Smart Energy Consumer Collaborative (SECC) and Vehicle-Grid Integration Council (VGIC), for its 2022 event taking place Jan.

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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

As Ernest Hemmingway famously observed in his 1926 novel The Sun Also Rises bankruptcies happen two ways: "Gradually, then suddenly". 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.

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New York begins transmission upgrades as Ohio wraps up smart grid overhaul

Smart Energy International

Two US states are announcing upgrades to their electrical grids: as New York gets the green light to start a transmission line upgrade project, Toledo Edison announces it has wrapped up its smart grid upgrades in Lucas County, Ohio. The project has been greenlit by the New York Power Authority (NYPA) and National Grid NY.