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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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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio.

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How energy providers can prepare for summer heat with innovative solutions

Renewable Energy World

Last summer’s record heat waves triggered a surge in power demand that maxed out supplies and led to outages across the West. California and other states are pushing to use clean electricity to power vehicles and buildings to cut carbon, which will increase demand. ROOT CAUSES.

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NuScale’s Federal Safety Approval Moves US Modular Nuclear Reactors a Step Closer to Reality

GreenTechMedia

That’s a critical step for the Portland, Oregon-based company’s plans to build its first commercial systems. Canada, Romania, the Czech Republic and Jordan; it plans to deliver its first Power Module unit by 2027. Canada, Romania, the Czech Republic and Jordan; it plans to deliver its first Power Module unit by 2027.

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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

CBAM is a World Trade Organization (WTO) compatible measure that incentivizes global industries to adopt greener and more sustainable technologies. From this point onward, both domestic production and imports will be subject to an equivalent carbon price, encouraging industries worldwide to adopt greener technologies.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision.

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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.