Business Green

FEBRUARY 14, 2021

That is the conclusion of new research released today by Imperial College London on behalf of energy firm Drax, which estimates that carbon emissions from Britain's grid fell by 16 per cent last year as a result of the growth of green power and plummeting energy demand during Covid-19 lockdowns. Nuclear power, meanwhile, provided 17.5

Fossil fuels 101

Fossil fuels Power grid Carbon-negative Hydropower 101

Business Green

OCTOBER 26, 2021

UK consumers are set to pay up-front for the construction of a fresh fleet of large-scale nuclear power plants through their energy bills under a new financing model unveiled by the government today, which looks set to provide a key building block of its plans to deliver a net zero energy system.

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Government Nuclear Power Construction Fossil fuels 62

GreenTechMedia

JUNE 30, 2020

More immediately, the utility aims for 2030 goals of 45 percent renewable electricity, with the Palo Verde nuclear power plant bringing the tally up to 65 percent carbon-free power. Through 2024, APS plans to add 962 megawatts of renewable energy to its current 1,700 megawatts, as well as 850 megawatts of energy storage.

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Natural gas Carbon Energy Energy 130

GreenTechMedia

SEPTEMBER 23, 2020

That means Southern Company intends to keep building new natural gas power plants to meet its supply needs, even as it grows its renewable energy portfolio from 9 gigawatts today to about 14 GW by 2024. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio.

Solar Energy Monitor 130

Solar Energy Monitor Energy Monitor Building Energy Monitoring Business Energy Monitoring 130

GreenTechMedia

JUNE 3, 2020

formerly 174 Power Global), a U.S.-based HECO has structured its contracts to provide grid capacity and "dispatchable" renewable energy to manage grid stability after it closes the Oahu coal plant in 2022 and an oil-fired power plant on Maui in 2024. Hanwha Energy USA Holdings Corp.

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North America Energy Energy Electricity 211

Smart Energy International

APRIL 8, 2022

Most inertia comes from big fossil fuel, nuclear and hydro generation. What’s left is harder to measure because much of it is coming from demand, smaller generators and ‘below the surface’ grid behaviour. With the shift to renewables, grid inertia is reducing. Sign up to our newsletter and stay informed.

Energy Monitor 52

Energy Monitor Business Energy Monitoring Nuclear Power Fossil fuels 52

Climate Tech VC

FEBRUARY 12, 2024

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Demand The most critical of energy transition minerals.   Demand is on the rise. Why is this important now? 

Energy Monitor 52

Energy Monitor Business Energy Monitoring Building Energy Monitoring Home Energy Monitoring 52

Hydrogen Fuel News

OCTOBER 9, 2023

Market Expansion: With the CBAM in place, there may be an increased demand for green hydrogen in Europe. For the fourth quarter of 2023, importers are tasked with data collection, but their first report isn’t due until 31 January 2024. These qualities make it a promising option for both transportation and stationary power.

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Europe Building Energy Monitoring Home Energy Monitoring Energy Monitor 85

Business Green

FEBRUARY 11, 2020

The global energy agency put the halt in CO2 growth down to declining emissions from power generation in advanced economies such as the EU and the USA, thanks in large part to the expanding role of renewable energy such as wind and solar. per cent in 2018. per cent drop in CO2, amounting to 140 million tonnes.

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Natural gas Nuclear Power Fossil fuels Carbon 92

Business Green

NOVEMBER 16, 2022

We believe an ambitious mandate should begin with a 30 per cent target for cars by 2024, with some flexibility to ensure it drives the necessary levels of decarbonisation. The ZEV mandate can be a defining policy tool that serves to rapidly reduce the impact of road transport emissions on the climate.

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Automotive Electric vehicle Policy Nuclear Power 36

Business Green

SEPTEMBER 11, 2020

Poland accelerates coal phase out, pushes for nuclear and offshore wind. Poland is the only member of the EU which has so far refused to commit to net zero emissions by 2050, with the country seeking more time to reconfigure its economy, which is heavily reliant on coal-fired power stations and coal mining.

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Hydrogen Nuclear Power Wind power Government 73

Business Green

FEBRUARY 25, 2021

As a result, it urges the government to rethink plans to enable billions of pounds of investment in new gas power plants when seeking energy supply capacity to replace the coal and nuclear power plants that are slated to close over the coming decade. It also relies on assumptions about increased energy efficiency.

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Carbon Government Energy Energy 80

Business Green

MARCH 30, 2023

Great British Nuclear (GBN): As expected, today sees the launch of a new agency based in Greater Manchester tasked with overseeing the rollout of a new fleet of nuclear power capacity through both large scale and small modular reactors (SMR). An government action plan on the topic is then slated for summer this year.

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Government Hydrogen Carbon Investment 79

Business Green

JANUARY 13, 2023

After all, the Net Zero Review - or Mission Zero, as it is officially titled - does not demand a revolutionary overhaul of government policy backed by a blank cheque from the Treasury to spur on decarbonisation efforts. Government should also set out options for further legislative steps by 2024 to decarbonise maritime sector.

Business Energy Monitoring 46

Business Energy Monitoring Building Energy Monitoring Energy Monitor Home Energy Monitoring 46

Business Green

APRIL 4, 2022

All the briefing suggests there will be two big winners in the new plan: offshore wind and nuclear power. The Sunday Telegraph reported yesterday that the UK could get up to seven new nuclear power plants through the new Strategy, after Kwarteng told the paper "there is a world where we have six or seven sites in the UK".

Energy 36

Energy Energy Nuclear Power Government 36

Business Green

AUGUST 26, 2022

The move, which follows similar proposals from the EU, is a first for the US and would deliver a huge boost to electric vehicle (EV) demand in America's largest auto market. The plan would represent a major policy reversal a decade after the Fukushima disaster triggered a move to phase down the country's reliance on nuclear power.

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Pollution Carbon-neutral Fossil fuels Wind power 36

Climate Tech VC

DECEMBER 18, 2023

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. The S&P Global Clean Energy index dropped 30% YTD weighed down by higher interest rates and supply / demand imbalances. Key market supply and demand indicators ended the year down. ☢️ US nuclear power saw mixed results.

Business Energy Monitoring 72

Business Energy Monitoring Energy Monitor Building Energy Monitoring Solar Energy Monitor 72

Climate Tech VC

AUGUST 17, 2023

With the growth of e-commerce and demand for faster shipping (which means burning more fuel), maritime emissions increased nearly 5% between 2020 and 2021. Therefore, freight owners are a critical demand lever for pulling decarbonization forward. - Maersk, MSC, Evergreen). Bunkering companies supply fuel to ships.

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Carbon-negative Innovation Carbon Policy 52

GreenTechMedia

DECEMBER 7, 2020

August’s rolling blackouts during a regionwide heatwave highlighted the state’s need for grid resources that can store and shift its growing share of generation to serve demand peaks coming later in the day, as the sun goes down and solar power fades.

Solar Energy Monitor 130

Solar Energy Monitor Building Energy Monitoring Energy Monitor Batteries 130

Business Green

AUGUST 12, 2022

LUT University and 14 other contributing universities suggested an energy system based largely on solar and wind energy, energy storage, sector coupling, and direct or indirect electrification of almost all energy demand could plausibly meet global energy needs. "A Ford revs up largest US renewables deal.

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Europe Fossil fuels Climate change Soil 36

GreenTechMedia

APRIL 23, 2020

Owners of noncompliant buildings face the prospect of multimillion-dollar annual fines beginning in 2024. ” With New York sheltering in place and the city’s office buildings largely empty of workers, electricity demand in New York City has declined by as much as 18 percent compared to typical levels.

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Law Carbon Education Real Estate 130

GreenTechMedia

JUNE 17, 2020

After all, if PG&E keeps raising rates for electricity that can’t be relied on during emergencies, customers may demand options to defect from its service — a real-life version of the “ utility death spiral ” threat supposedly posed by rooftop solar and behind-the-meter batteries that has yet to emerge in the real world.

Energy Monitor 130

Energy Monitor Solar Energy Monitor Business Energy Monitoring Home Energy Monitoring 130

GreenTechMedia

SEPTEMBER 16, 2020

Virginia’s Clean Economy Act demands that the state's flagship utility, Dominion Virginia, supply at least 30 percent of its electricity from renewables by 2030 and shut down all carbon-emitting power plants by 2045. Nuclear power plays a large role in PSEG’s carbon-reduction plans.

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Carbon Natural gas Carbon-neutral Nuclear Power 246

Business Green

JANUARY 24, 2024

That move came just a week after the government published a new Nuclear Roadmap, reiterating its commitment to a new fleet of small modular reactors (SMRs) and promising to explore proposals for a third large scale new nuclear power plant project. The government's Nuclear Roadmap was already a hugely ambitious undertaking.

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Government Nuclear Power Investment Energy 101

Climate Tech VC

JANUARY 22, 2024

  Maybe it was Barbenheimer, but nuclear is in for 2024. Nuclear was in the doldrums for years following Fukushima, with few new plants planned and stagnant investment in new uranium mines and enrichment facilities. At COP28 , 30 nations vowed to triple global nuclear energy production by 2050. Not a subscriber yet?

Investment 61

Investment Demand Startups Batteries 61

Business Green

FEBRUARY 22, 2023

According to research group Zero Carbon Analytics, the European Union has already substituted almost 75 per cent of Russian fossil gas imports with alternative sources of energy, while global gas demand has plateaued for the first time and is now forecast to peak by the end of the decade. And now, nuclear power is making a strong comeback."

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Fossil fuels Europe Nuclear Power Demand 49

Climate Tech VC

JANUARY 16, 2024

  Ammonia demand for fertilizer and other existing uses by IEA scenario (Source: IEA ) Shipping fuel: Maritime shipping, which accounts for 3% of CO2 emissions, is betting big on ammonia. EV fleet and reinvest in gasoline cars, citing low demand and high repair costs for EVs. of global emissions. 

Building Energy Monitoring 115

Building Energy Monitoring Home Energy Monitoring Solar Energy Monitor Business Energy Monitoring 115

Climate Tech VC

AUGUST 7, 2023

The US grid got its first new nuclear power in nearly seven years last week. Plant Vogtle began commercial operations from the first of two new reactors, but the over-budget and years-delayed project could be the last hurrah for big nuclear construction in America. Happy Monday!

Energy Monitor 52

Energy Monitor Business Energy Monitoring Building Energy Monitoring Solar Energy Monitor 52

GreenTechMedia

DECEMBER 21, 2020

Developers in the space are concerned that the coronavirus pandemic’s impact on the economy will depress demand for tax equity investments, as banks and financial institutions will have less appetite for credits to offset tax liabilities in a year when profits were depressed. Nuclear power will receive $6.6

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Packaging Nuclear Power Energy Energy 130

Climate Tech VC

OCTOBER 16, 2023

⚡ Elyos Energy , a London, UK-based energy flexibility and demand response platform, raised $3M in Seed funding from Rebel Fund, Zeno Partners, Endgame Capital, and Y Combinator.   Meanwhile, OPEC is diverging from the IEA’s prediction that the world will reach peak oil demand in 2030. to $86.83 / barrel.

Solar Energy Monitor 57

Solar Energy Monitor Business Energy Monitoring Building Energy Monitoring Home Energy Monitoring 57

DeSmogBlog

FEBRUARY 9, 2022

On the demand side, economic revival from the pandemic boosted demand for gas in Asia as well as Europe. With the decommissioning of coal and nuclear power stations, utilities turned to natural gas. Ukraine has a long-term deal with Gazprom for gas transit until 2024. Ukraine earns big transit fees, roughly U.S. $2

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Politics Europe Natural gas Construction 81

Business Green

AUGUST 8, 2022

Clean power producers would be eligible to receive 1.5 cents per kWh of electricity produced at facilities placed into service after 2024 that produce zero or negative emissions. And advanced nuclear power production tax credits of 1.5 cents are on offer from 2024 to 2032 for every kilowatt hour of electricity produced.

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Fossil fuels Methane Carbon-negative Carbon-neutral 36