article thumbnail

The world’s power grids, 50 million miles’ worth, need a major overhaul

The Verge: Energy

Workers erect a steel tower at the 220kV line project in Jiangsu Province, China, on October 16th, 2023. Without that overhaul, countries risk missing their climate goals and worsening climate-related disasters like storms and fires that are already walloping power grids. But power grids aren’t keeping up, and it puts that 1.5-degree

article thumbnail

Greentown Labs Member Milestones — October 2023

Greentown Labs

GigaDac won $272K+ for its novel approach for achieving scale in direct-air carbon capture from the National Science Foundation. Greentown members Fervo Energy and Form Energy , alongside alum Sublime Systems , were named to MIT’s 2023 Climate Tech Companies to Watch. Salient Predictions , a Greentown alum, received a $2.9M

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

France, Italy and Spain — will get the majority of their power from wind, solar and other variable renewable energy sources as early as 2023, WoodMac says. As that variable output surges, Europe has four options for balancing out its grid: pumped hydro, gas peakers, energy storage and interconnectors.

article thumbnail

Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

Renewable energy is finally starting to take over the power grid. Fossil fuels dropped to their lowest point since reliable record-keeping started in 1990, making up less than a third of EU’s electricity generation in 2023. Coal saw the steepest fall in 2023, generating 26 percent less electricity than the year before.

article thumbnail

Clean energy is growing, but so is planet-heating pollution

The Verge: Energy

Lake Mead, formed by the dam on the Colorado River in the southwestern United States, at 47 percent capacity as viewed on August 14th, 2023. Photo by George Rose / Getty Images 2023 can now boast a terrifying record: planet-heating carbon dioxide emissions from global energy use hit a record.

Pollution 100
article thumbnail

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. in 2023, less than the 2.4% In 2023 the share of electricity in final energy consumption is estimated to have reached 20%, up from 18% in 2015. Have you read?

article thumbnail

Microsoft’s AI obsession is jeopardizing its climate ambitions

The Verge: Energy

Its greenhouse gas emissions were actually around 30 percent higher in fiscal year 2023, showing how hard it could be for the company to meet climate goals as it simultaneously races to be a leader in AI. It was an audacious commitment to make at the time, considering carbon capture technologies were barely coming into existence.