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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. To be sure, no U.S.

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Inflation Reduction Act Activation Guide: Renewable Energy Procurement

EDF + Business

Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. 💪 Climate joined the labor movement.

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

Business Green

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. However, the contention that the new price projections are more realistic is contestable.

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Wales goes to the polls with renewables firmly on the agenda

Renewable Energy World

The UK recently celebrated its ‘greenest ever’ Easter with low-carbon energy sources making up nearly 80% of Britain’s power supply. The Spring break’s perfect combination of sunny and windy weather placed zero coal demand on the grid and proved yet again that the UK enjoys optimum conditions for clean energy production.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

utilities have promised to eliminate their carbon emissions by midcentury. utilities are on track to reduce carbon dioxide emissions by 80 percent by 2030 compared to a 2005 baseline, the target needed to prevent global warming beyond 1.5 electricity sector by 2035, and the cost imperatives of U.S. Most of the biggest U.S.