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Britain's power grid celebrates greenest day and month on record in 2022

Business Green

More than half of the UK's electricity came from zero carbon sources across five months last year, as Britain celebrated a flurry of fresh green grid records in 2022, according to National Grid ESO. Favourable conditions then saw that record once again broken by the year-end, with 20.918GW of wind power generated on 30 December.

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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% Have you read?

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ComEd Bribery Scandal Clouds Picture for Exelon’s Illinois Nuclear Plants

GreenTechMedia

” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclear power plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come. lags behind China, Japan and the European Union in infrastructure and research investments to reach this potential.

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The key lesson from the Ukraine crisis? Shifting to net zero is more important than ever

Business Green

UK energy bills were already set to increase by over 50 per cent in 2022 prior to the Russian invasion of Ukraine, with further increases now feared. It's also about investment and jobs. Fully decarbonising the power grid by 2035 will be essential to reduce fossil fuel dependence and cut emissions in other parts of the economy.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Winners include manufacturing, up 133% from 2022, and emerging climate technologies that saw a whopping 10x jump to $4.3bn.

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How Long Will Coal Remain King in India?

GreenTechMedia

” Achieving India’s target to deploy 450 gigawatts of renewable energy by 2030 is critical if the country is going to succeed in displacing coal generation on the power grid as overall energy consumption grows. “All of this will require substantial investment in a modern, flexible electricity system.”

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