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Making a splash: Group prepares to launch novel wave energy system

Envirotec Magazine

The project involves attaching a generator and power converter to a buoy located off the Northumberland coast. A group at Newcastle University is preparing to install a prototype Wave Energy Converter (WEC) in the North Sea. Wave energy can be considered a concentrated form of solar energy, says the group.

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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. The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4% annually through 2026.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.

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Inflation Reduction Act Activation Guide: Renewable Energy Procurement

EDF + Business

Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376

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Avangrid Withdraws Guidance on Coronavirus, Vineyard Wind Uncertainty

GreenTechMedia

gigawatt onshore wind power fleet. wind power producer behind Berkshire Hathaway Energy and NextEra Energy, according to the American Wind Energy Association. But he confirmed that it will be eligible for the stepped-down 18 percent ITC if it is completed in 2023 or 2024. Avangrid is the third-largest U.S.

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AeroFarms is trying to cultivate the future of vertical farming

Business Green

The public market offering and the capital gained during the process will be crucial for AeroFarms to reach the next level of its growth and to achieve several strategic expansions, including improving operational and energy efficiency, adding into new products (right now it's focusing on berries), and maintaining its social impact. "We