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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.

Europe 76
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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. New-build projects in the U.K.

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'Falling like dominos': Renewables records continue to topple across Europe

Business Green

New analysis reveals that on May 24th over half of the continent's power came from renewables, as UK's coal-free run extends beyond 50 days. On a Sunday late last month, 55 per cent of Europe's power was delivered by wind, solar, and hydroelectric sources.

Europe 101
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Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. Sizewell C is the next active nuclear project in the U.K.

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Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Demand side measures.

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Nuclear question: Are new avenues opening up for the UK's hydrogen roadmap?

Business Green

The energy industry's interest in low carbon hydrogen is building fast, and the nuclear industry reckons it could yet have a crucial role to play. but that uncertainty is not stopping energy companies from rushing to build up hydrogen production capacity.

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Analysis highlights complex post-2030 grid challenges for UK

Smart Energy International

New analysis from LCP has revealed that the UK Government’s recently released energy strategy will boost efforts to decarbonise power supply but create complex challenges in balancing the supply and demand of electricity across the grid from 2030 onwards. Excessive energy. Image courtesy of LCP. Required capacity.