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Nuclear Power Is A Viable Option For Replacing Coal

R-Squared Energy

This transition is being driven by several factors, including environmental regulations, competition from natural gas, and the declining cost of renewable energy. As coal-fired power plants are retired, there is a need for reliable and affordable zero-emission power replacements. Department of Energy.

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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals

GreenTechMedia

billion in new wind and solar investments in the next 12 months and is outlining plans for electric vehicle charging, energy storage and green hydrogen production pilot programs to meet its goal to reach net-zero carbon emissions by 2050. billion, five-year capital investment plan from the multistate utility.

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‘We Have to Stop Demonising Oil and Gas’ Jacob Rees-Mogg Told UAE Investment Chief

DeSmogBlog

Former Business and Energy Secretary Jacob Rees-Mogg spoke of his desire for people to “stop demonising oil and gas” in a private meeting with the head of the United Arab Emirates’s state investment company, DeSmog can reveal. Hydrocarbons aren’t the solution, they’re the problem,” Lucas added. The fossil fuel era is over.

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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. Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year. The update finds that world demand for electricity grew by 2.2%

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. This is not a renewables or a clean energy crisis; this is a natural gas market crisis."

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B.C.’s late LNG bet appears risky in a competitive market

Clean Energy Canada

Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. s LNG industry is the question of where the electricity will come from to power new projects. Many of B.C.’s As for whether B.C.

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Three-Quarters of New US Generating Capacity in 2020 Will Be Renewable, EIA Says

GreenTechMedia

gigawatts of natural gas-fired plants to come online this year. gigawatts of wind power capacity to come online in 2020 surpasses 2012’s record of 13.2 EIA’s latest data also puts the focus on coal’s continued decline , with coal-fired power plants making up 5.8 gigawatts, and pushes total U.S.