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South Korea announces ambitious 8.2GW wind complex

Renewable Energy World

President Moon Jae-in said: “The wind farm to be built on the waters off Sinan will be as much as seven times the size of the world’s current largest wind power complex. gigawatts of electricity to be generated here is equivalent to the capacity of six new Korean nuclear power reactors combined.

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Study: 108GW of offshore wind and 140GW of storage needed to deliver net zero electricity grid by 2035

Business Green

Achieving a zero-carbon electricity grid by 2035 is widely acknowledged to be a critical milestone in the UK's journey towards achieving a net zero emission economy by 2050.

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Global Briefing: California backs plan for 2035 ban on sale of polluting cars

Business Green

UK and US banks accused of financing Russian 'carbon bombs'. US and UK financial institutions have this week been accused of continuing to fund Russian "carbon bomb" fossil fuel projects that are both aiding Russia's illegal war in Ukraine and threatening to breach global climate goals. France mulls private jet crackdown.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

Carbon 246
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FERC Order Will Restart PJM’s Capacity Market

GreenTechMedia

Under that plan, offshore wind farms will almost certainly be priced out of the market, but state-subsidized onshore wind, solar power, nuclear power and demand-side resources may be able to win approval for bids low enough to clear. Carbon pricing and distributed energy market access as alternatives.