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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Could green hydrogen be key to a carbon-free economy? And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules.

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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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Duke Energy Vows to Eliminate Its Carbon Emissions by 2050

GreenTechMedia

Duke Energy is the latest major utility to commit to a carbon-free future, with a plan to cut its emissions in half by 2030 and eliminate them completely by midcentury. It’s the first time Duke has pledged to zero out carbon-emitting resources from its fleet, albeit with a target deadline decades in the future.

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Total and Marubeni to Build 800MW Solar Plant in Qatar Ahead of World Cup

GreenTechMedia

French oil major Total and Japanese conglomerate Marubeni have won the rights to build Qatar’s first utility-scale solar PV project, due online in time for the 2022 World Cup. Qatari national power firm Kahramaa has signed a 25-year power-purchase agreement for the output of the project. Lowest-ever solar PPA price.

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L’Oreal achieves carbon-neutrality across US operations

Renewable Energy World

French-headquartered beauty products company L’Oreal has reached carbon neutrality for scopes 1 and 2 emissions across its facilities in the US. The milestone has been achieved four years ahead of schedule and is in line with the group’s strategy to achieve carbon-neutrality across its global facilities by 2025 and net-zero emissions by 2050.

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How the utilities industry is building a sustainable future

Smart Energy International

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability.

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New Plans Reveal How China’s Grid Is Prepping for Net-Zero Carbon

GreenTechMedia

General Assembly that the country is aiming to be carbon-neutral by 2060. In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. The publication of China’s 14 th five-year plan, covering 2021-2025, is expected this month. Tripling that in a decade will be quite a challenge.