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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% The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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Amid Depressed Power Demand, Duke Sticks to Plan to Double Renewables Base

GreenTechMedia

Duke Energy is standing behind its plan to double its renewable energy base to 16 gigawatts by 2025 despite the depressing effect the coronavirus outbreak is having on its utilities. Utilities across the country are reporting dramatic drops in commercial and industrial energy demand.

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IEA: CO2 from global power generation set to plateau

Business Green

Renewable power sources are expected to dominate almost all the growth in the world's electricity supplies through to 2025, according to the IEA, and together with nuclear power they are set to meet the vast majority of the increase in global power demand over the period.

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Adjusting the US Electrical Grid for 100% Electric Cars

Energy Central

The problem is the DOE assumes it will take until 2050 when mass EV adoption will occur 2025-2030. Natural gas electricity generation is relatively easily scaled to handle a sharp increase in demand. More solar and nuclear power can be added to. The DOE has information about adjusting the energy grid for mass EV adoption.

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New Jersey’s PSEG Seeks to Sell Merchant Fossil, Solar Fleet

GreenTechMedia

New Jersey utility Public Service Enterprise Group (PSEG), facing state clean energy mandates and an economic imperative to shift its business to regulated assets, is seeking to exit its merchant fossil and solar generation business, while retaining its nuclear power plants and exploring a major expansion into offshore wind.

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

GreenTechMedia

That leaves a massive gap to be filled by clean energy, since more than half of the state’s carbon-free emissions today come from nuclear power, as shown in the chart below. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO. Source: NYISO.

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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. The white paper estimates that demand for low-carbon power will double, leaving the country with “overwhelmingly decarbonized power in the 2030s."

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