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Report details China’s complex energy landscape and its enormous green energy shift

Envirotec Magazine

Wind is China’s largest source of electricity after coal and hydropower, delivering 9.4% of the total electricity supply in 2023. The seeming enormity of the green energy shift taking place in China is given shape by what’s described as the most comprehensive English-language report on China’s energy transition.

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Most innovative energy start-ups recognised in German awards

Envirotec Magazine

Fifteen start-ups deemed to have the most innovative business models in the field of energy transition and climate protection were celebrated at an award ceremony in Berlin on 28 March – recipients of The Start Up Energy Transition Award (SET Award) administered in part by the German Energy Agency ( dena ).

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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. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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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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Lessons from a year of reporting on climate solutions in Cascadia

Grist

This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. And, in the United States, political gridlock chopped the heart out of Congress’ most ambitious clean energy plan. . Worried about the climate crisis?

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? 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.  for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. As Ernest Hemmingway famously observed in his 1926 novel The Sun Also Rises bankruptcies happen two ways: "Gradually, then suddenly".