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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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Tory leadership contest goes nuclear, as Truss and Sunak face worsening energy crisis

Business Green

There are now just days to go until Britain's energy regulator officially confirms how much average domestic bills will rise for the autumn period, with concerns growing that the scale of the resulting fuel poverty and economic crisis could be genuinely unprecedented in its scope and intensity.

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Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

Business Green

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Mingomba could drive further investment in what might eventually become a major copper supplier.   Big enough to matter.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. All that is needed is more political urgency, policy clarity, and real world action to mobilise investment, drive clean tech deployment, accelerate the transition.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

However, the report also highlights how engineering a 'green recovery' backed by major investment in low carbon infrastructure could significantly increase the chances of the world meeting the 1.5C Study: China accounts for over 90 per cent of planned global coal power capacity. warming target at the heart of the Paris Agreement.

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A tale of missing 'E's: The green economy reacts to the Spring Statement

Business Green

But players across the green economy were quick to point out the government's package of policies and tax changes was notably bereft of focus on three other critical 'E's that are planks of a prosperous economy: environment, energy, and efficiency. We need an industrial strategy that removes barriers to investment.