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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

growth of 2022, attributing this to declines in advanced countries due to the lacklustre macroeconomic environment and high inflation. Growing weather impacts on power systems highlight the importance of investing in electricity security. The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer.

Hydrogen 130
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Sage Geosystems Unveils Results of Energy Storage System Pilot

Solar Industry

Results show the technology is cost-competitive with lithium-ion batteries, pumped storage hydropower and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries. Sage Geosystems Inc. ,

Energy 105
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Sage reports successful results of underground energy storage pilot

ThinkGeoEnergy

Further, the results show Sage’s technology is cost-competitive with lithium-ion batteries, pumped storage hydropower, and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries. ” Landmark Results Short- and Long-Duration Storage.

Energy 59
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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Schumer’s office, the two-year extension of the federal Investment Tax Credit for solar projects will retain the current 26 percent credit for projects that begin construction through the end of 2022, rather than expiring at the end of 2020 as they would have under existing law. Action by the U.S.

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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.