Remove 2023 Remove Hydropower Remove Natural gas Remove Power grid
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

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Under the law, Dominion Virginia and the smaller Appalachian Power Co. must supply 30 percent of their power from renewables by 2030, and Dominion must close all carbon-emitting power plants by 2045. Retreat from natural gas not enough for environmental advocates. manufacturing for the growing industry.

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

AI can significantly improve grid management reports DOE

Smart Energy International

However, it is crucial that new AI use cases do not introduce new risks to the grid, the report states. Thus AI models for grid applications should be rigorously validated as well as scalable in performance and adherent to power grid governance standards. Have you read?

article thumbnail

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
article thumbnail

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. Sage will present their energy storage pilot results tomorrow at the PIVOT 2023 conference. ” Landmark Results Short- and Long-Duration Storage.

Energy 59
article thumbnail

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

GreenTechMedia

The ITC will fall to a 22 percent rate for projects that begin construction by the end of 2023, and then fall to 10 percent for large-scale solar projects and to zero percent for small scale solar projects in 2024. R&D for clean energy, energy storage, carbon capture and nuclear power.

Packaging 130
article thumbnail

Cascadia is known for strong climate action. So why are emissions still rising?

Grist

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. Ensuring a cleaner and reliable grid. Cascadia’s rules don’t constrain highway expansion, which tends to increase driving and thus emissions.