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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar.

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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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The 4 Things PG&E Must Do to Survive and Thrive Post-Bankruptcy

GreenTechMedia

Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals. Of that, about $7.8

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

Then, beginning around 2009, first wind turbines and then solar photovoltaic panels decreased enough in cost to become competitive in electricity markets. will need to nearly triple its 2020 growth rate for the grid to be 80% powered by clean energy by 2030. (As 3 ways to bring wind and solar into the grid.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday!    Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates.