Remove 2024 Remove Investment Remove Nuclear Power Remove Wind power
article thumbnail

New Climate Targets Will Require Europe to Double the Pace of Renewables Deployment

GreenTechMedia

Coal power slumped by 20 percent year-on-year while solar and wind power grew 15 percent and 9 percent, respectively. That figure includes offshore wind capacity exceeding the combined EU-27 + U.K. As early as 2024, this figure will be 35.1 target of 100 gigawatts. The solar outlook is much better.

Europe 130
article thumbnail

Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. billion) of government investment will trigger another £36 billion in private money by 2030, it claims. the Saudi Arabia of wind power.

Carbon 130
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

Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement

GreenTechMedia

formerly 174 Power Global), a U.S.-based Bright Canyon has primarily invested in wind power projects to date, including ownership stakes in Missouri and Minnesota projects being developed by Tenaska. Hanwha Energy USA Holdings Corp. Bright Canyon Energy, a subsidiary of Pinnacle West Capital Corp.,

article thumbnail

'Grounds for optimism': Global CO2 emissions flatlined in 2019, data indicates

Business Green

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.

article thumbnail

Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

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.

article thumbnail

'Green Day': Key announcements at a glance

Business Green

Floating Offshore Wind Manufacturing Scheme: A previously announced £160m funding pot is being formally launched today in a bid to kick start investment in port infrastructure projects that can enable new floating offshore wind projects.

article thumbnail

Global Briefing: California backs plan for 2035 ban on sale of polluting cars

Business Green

Investing in Russian carbon bombs is the worst thing you can do today.". Japan announces plan to revive nuclear industry. Japan's Prime Minister Fumio Kishida this week signalled that the government would undertake a major policy u-turn in response to soaring gas prices and restart idled nuclear plants.