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4.5 GW of pumped-storage hydro could save UK up to £690 million annually

Renewable Energy World

GW of new long duration pumped hydro storage, with 90 GWh of storage, could save up to £690 million per year in energy system costs by 2050, as the UK transitions to a net-zero carbon emission system. A new study by independent researchers from Imperial College London has found that just 4.5

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FERC clarifies how it will treat carbon pricing in organized wholesale markets

Renewable Energy World

This week FERC issued a policy statement clarifying how it will consider market rules proposed by regional grid operators that seek to incorporate a state-determined carbon price in organized wholesale electricity markets. Finally, the policy statement does not indicate a preference for carbon pricing over any other state policy.

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IRENA: Renewable energy generates half a million new jobs worldwide in 2019

Business Green

Wind energy, meanwhile, accounted for 1.17 and hydropower employed around 1.95 million transition-related jobs could be created if annual investment in renewable technologies is ramped up from $824bn to $3tn during the 2021 to 2023 recovery phase, it said. million jobs last year. million workers. As many as 5.5

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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. The economics of carbon-free living have fallen into place. Renewable solar and wind power now typically costs less than fossil-fuel alternatives.

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Janet Yellen on financing a sustainable future

GreenBiz

How will families, cities and businesses secure long-term financing for mortgages and investments? . We recognize the importance of public sector investment, particularly in green infrastructure, to facilitate the transition to net-zero emissions. An important feature of this approach is that it is technology-neutral.

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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.

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Will NIMBYs sink new clean energy projects? The evidence says no – if developers listen to local concerns

Renewable Energy World

As Congress debates billions of dollars in new infrastructure investments, advocates are touting the social and economic benefits of building new high-voltage transmission lines, clean energy plants and electric vehicle charging stations, along with fixing aging roads and bridges. Why do people oppose energy projects?