Remove 2050 Remove Hydropower Remove Power grid Remove Solar Energy Monitor
article thumbnail

Hitachi Energy to supply converter stations for Australia’s Marinus Link

Smart Energy International

Hitachi Energy has been selected by Marinus Link Pty Ltd (MLPL) to supply a high-voltage direct current (HVDC) project in Australia, which will augment the connection between the mainland and Tasmania’s grid. Clean hydropower can then feed the mainland grid when it is needed most, acting as a large battery for the nation.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

As Ernest Hemmingway famously observed in his 1926 novel The Sun Also Rises bankruptcies happen two ways: "Gradually, then suddenly". Price and demand projections have been trimmed and there is a real sense that the clean energy transition that much of the industry has tip-toed around for the past decade could be about to accelerate.

article thumbnail

Massive Senate Energy Bill Falters

GreenTechMedia

A massive energy bill that could direct billions of dollars to renewable energy, energy storage and smart grid R&D and deployments faces an unclear future in the U.S. The American Energy Innovation Act, introduced last month by Sens. The American Energy Innovation Act, introduced last month by Sens.

article thumbnail

Sweeping Senate Energy Bill Could Come to a Vote This Week

GreenTechMedia

Senate will consider a bipartisan energy package this week that could be this year’s best legislative hope to increase federal funding for a number of energy technologies, from solar, wind and batteries, to more efficient fossil fuel-fired power and carbon capture. This policy, part of a 2019 bill from Sens.