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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. To meet the IEA’s net zero by 2050 pathway, the share must near 30% in 2030 and thus electrification needs to accelerate rapidly, the Electricity 2024 publication states.

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

Business Green

Another record year for renewables saw clean power sources overtake fossil fuels on Britain's grid for the first time in 2020, but new nuclear and emerging technologies such as hydrogen and bioenergy carbon capture and storage are likely to be required to deliver a fully decarbonised energy system.

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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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? 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.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

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After Pandemic, New York’s Buildings Face Daunting Decarbonization Mandate

GreenTechMedia

Local Law 97, one of 10 bills in the sweeping Climate Mobilization Act , requires New York City’s 50,000 largest buildings to reduce their carbon emissions by 40 percent by 2030 and by 80 percent by 2050. Owners of noncompliant buildings face the prospect of multimillion-dollar annual fines beginning in 2024.

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SUN DAY says data show renewables could meet 33% of need by 2030…and maybe more

Renewable Energy World

EIA’s most recent “ Electric Power Monthly ” report reveals that renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided 22.5% In April 2011, solar and wind accounted for 3.74% of the nation’s generating capacity while hydropower, biomass, and geothermal accounted for 10.23%.