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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% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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ReNew Power acquires 359 MWs of hydro, solar projects in India

Renewable Energy World

ReNew Power in India is acquiring two assets with a combined enterprise value of INR28.5 ReNew will acquire L&T Uttaranchal Hydropower Ltd., which owns the 99-MW Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., ReNew will acquire L&T Uttaranchal Hydropower Ltd., billion to 4.0

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New York?s Energy Transition (and Challenges) in 5 Charts

GreenTechMedia

Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, the independent system operator that manages New York state's bulk power system and wholesale energy market. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO.

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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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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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Global briefing: EPA suspends environmental law enforcement in response to pandemic

Business Green

The EPA said it would not "seek penalties for noncompliance with routine monitoring and reporting obligations" during the suspension. The move came in the same week as European NGO Transport & Environment warned leading auto industry lobby groups were calling on the EU to now delay new emissions rules.

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NorthVolt’s Battle Plan to Win the Upcoming Battery-Wars

Mr. Sustainability

An introduction to the battery company NorthVolt and its strategy Summary - NortVolt, led by Tesla-Veteran Peter Carlsson, is building the very first European battery gigafactory. The European car industry is too dependent on Asian and American manufacturers. That makes the European car industry, with 2.7