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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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Analysis: Energy giants investing only a fraction of their profits in renewables

Business Green

BP, Shell, Total Energies, and Equinor were all found to be investing the vast majority of their profits back into fossil fuel projects. The analysis revealed that BP invested £300m into renewables and low carbon projects in the first half of 2022 - which according to the analysis is equivalent to just 2.5

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Wood Mackenzie’s Key Takeaways From the Grid Edge in Q4

GreenTechMedia

Last year, utilities, grid operators and grid edge vendors all continued to grapple with their evolving roles in delivering and managing power. million electric vehicle charging points were installed globally in 2019, Wood Mackenzie found in Q4, with another 18.3 Technical hurdles for residential flexibility. A total of 4.8

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Phantom Gas and Missing Documents Reveal Gaps in Utility Oversight

DeSmogBlog

There, he met with OPUC staff in person and exchanged emails with Lori Koho, then OPUC’s senior official overseeing natural gas utilities. He hoped that his list of complaints would show “how the unethical culture [at NW Natural] goes all the way to the top,” as one of his emails to Koho explains.

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Revealed: Media Blitz Against Heat Pumps Funded by Gas Lobby Group

DeSmogBlog

An energy trade association that represents and promotes gas boilers and manufacturers is behind a barrage of negative press attacking heat pumps, DeSmog has learned. Much of the media coverage about heat pumps features Mike Foster, a former Labour MP and the chief executive of the Energy and Utilities Association trade body.

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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. Moreover, the think tank predicted EU member states would recoup the investment in as little as two years due to savings garnered from the resulting reductions in expensive gas imports.

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South Carolina’s Past Failures and New Policies Contribute to a Brighter Future for Solar and Battery Storage

Renewable Energy World

By Shelley Robbins, Clean Energy Group. In those states, where clean energy is now gaining a stronger foothold, valuable lessons can be found. Actions by these states to change the direction of energy policy are a powerful confirmation that clean energy is a viable, cost-effective alternative to fossil fuels.