Remove Carbon-negative Remove Fossil fuels Remove Investment Remove Nuclear Power
article thumbnail

Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid. Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

article thumbnail

Slow, [Expensive] and Amazing - Nuclear Power [2/3]

Mr. Sustainability

Nuclear power is up to three times more expensive than wind or solar Summary - Costs of renewables continue to fall incrementally and are at a record low of around €40 per MWh. Nuclear power plants, especially in the West, are confronted with high construction costs, extreme delays and more stringent safety measures.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. The fossil fuel industry has faced an oversupply problem, as well as a public relations problem.

article thumbnail

Southern Company Commits to Net-Zero Carbon by 2050, but Seeks New Gas Plants for Now

GreenTechMedia

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Counting on 'negative carbon' solutions.

Carbon 130
article thumbnail

Alberta Premier’s Statements on Batteries ‘Ideologically Motivated,’ Inaccurate, Experts Say

DeSmogBlog

Smith continued: “I’ll tell you what I know about batteries, because I talked to somebody who was thinking of investing in a 200-megawatt plant, $1 million to be able to get each megawatt stored. She never met a fossil fuel lobbyist she didn’t love.” ”She That’s $200 million for his plant alone.

Batteries 119
article thumbnail

The story of how Britain's energy transition could unfold, told in 10 charts

Business Green

What could the UK's energy system look like in 2050, once offshore wind energy is the backbone of the electricity grid, fossil fuel vehicles are increasingly scarce, hydrogen fuel has gone from vision to reality, and energy efficiency is an everyday consideration for families and businesses alike?

article thumbnail

? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  100B of deals went down in the Permian basin and Shell abandoned a $100M per year carbon credit pipeline.