Remove Carbon Remove Demand Remove Europe Remove Nuclear Power
article thumbnail

CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.

Europe 76
article thumbnail

European scientists group urges ban on new natural gas boilers

Envirotec Magazine

To replace Russian pipeline gas, European Member States have turned to liquid natural gas (LNG) from outside Europe. “We Methane emissions have a lifetime in the atmosphere of only about 10 years, which is ten times shorter than that of carbon dioxide. Such actions should be stimulated throughout Europe,” recommends Duić.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Demand response proves more profitable than Bitcoin mining in Texas

Smart Energy International

Bitcoin miner Riot Blockchain earned estimated power credits of $9.5 million for demand reduction from ERCOT in July. million in power credits and other benefits from curtailment activities including the reduced power costs equates to approximately 439 Bitcoins – significantly outweighing the reduction in Bitcoin mined.

Demand 97
article thumbnail

Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Since the 2011 Great East Japan Earthquake, the nuclear power generation fleet has had its output been effectively mothballed with output below 20% of earlier levels. Demand side measures. Smart meter data integration and analysis platform to test in Japan ‘Nudging’ Carbon Reduction one Japanese household at a time.

article thumbnail

'Falling like dominos': Renewables records continue to topple across Europe

Business Green

New analysis reveals that on May 24th over half of the continent's power came from renewables, as UK's coal-free run extends beyond 50 days. On a Sunday late last month, 55 per cent of Europe's power was delivered by wind, solar, and hydroelectric sources. Solar generation also set a new record in May, delivering 11.5

Europe 101
article thumbnail

Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

The Statistical Review is instrumental in providing comprehensive data on global oil, gas, and coal production and consumption, as well as on carbon dioxide emissions and renewable energy statistics. While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. growth in 2021.

article thumbnail

IEA: CO2 from global power generation set to plateau

Business Green

Renewable power sources are expected to dominate almost all the growth in the world's electricity supplies through to 2025, according to the IEA, and together with nuclear power they are set to meet the vast majority of the increase in global power demand over the period. remains a hugely challenging prospect.