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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid. Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

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Treasury Department Unveils Final Rule Regarding Transferability of Clean Energy Tax Credits

38 North Solutions

For example, a project owner could complete a sale of 2023 tax credits as late as September 15, 2024 if the seller is a partnership, or October 15, 2024 if the seller is a corporation or individual. In the guidance released April 25 , the Treasury Department establishes the parameters of the transferability program.

Energy 69
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Southern Company Commits to Net-Zero Carbon by 2050, but Seeks New Gas Plants for Now

GreenTechMedia

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Counting on 'negative carbon' solutions.

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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. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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UK’s Power Sector in Negative Emissions by 2033, Grid Operator Says

GreenTechMedia

’s power sector will be operating on a negative-emissions basis by 2033 at the latest if the country sticks to its plan to reach net-zero emissions across the economy by 2050, according to system operator National Grid ESO. actually hitting its targeted carbon reductions. Unabated natural-gas use will be halved by 2038.

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Arizona Utility APS Charts 15-Year Plan on Its Way to Zero-Carbon Energy by 2050

GreenTechMedia

Arizona Public Service released its plan for reaching zero-carbon by 2050 , with multiple options to balance the costs and carbon benefits of switching from coal and natural gas to renewables, batteries, distributed energy resources and as-yet-untested technologies. Long-range tradeoffs: Carbon reduction vs. costs.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. 100B of deals went down in the Permian basin and Shell abandoned a $100M per year carbon credit pipeline. 🍃 Credit registration body Verra’s CEO resigned following a bombshell Guardian exposé, marking a perilous year for carbon.