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Wind and Solar Energy Take the Lead Over Hydropower

R-Squared Energy

Previous topics covered were: Global carbon dioxide emissions Overall highlights Oil production and consumption Natural gas production and consumption Coal production and consumption Global nuclear power trends Today, I will cover renewable energy in detail. Global hydropower consumption in 2022 was 40.7 exajoules, up 0.7%

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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Electrification gets down to the wire

GreenBiz

Buildings are similarly opening their doors to being powered entirely by electricity, supplanting natural gas and other fuels for heating and cooling. Local jurisdictions are banning the use of natural gas in newly constructed (and, in some places, renovated) homes and commercial buildings.

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If the U.S. and China can agree on renewables, surely our provinces can do the same

Clean Energy Canada

And yet it would be a mistake to view renewables as an active battleground in the culture wars, losing sight of their real value as key technologies that can deliver low-cost electricity at a time when demand is growing. The move away from fossil fuel generation, meanwhile, has been slow, with its share falling only 3% between 2015 and 2021.

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

Renewables share of the power system is rapidly growing, but the growth in clean energy generation is not keeping up with "galloping" demand for electricity, the IEA warned. Last year, the deficit between demand and clean power capacity helped to drive a surge in coal-fired generation, as operators looked to sidestep record gas prices.

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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. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. The natural gas conundrum.

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Media Brief: Addressing common myths around renewable power

Clean Energy Canada

Global renewable power generation is growing at an unprecedented rate , driven by the favourable economics of wind and solar along with energy security concerns around oil and gas (largely caused by recent wars), and emissions goals. Both find wind and solar to be cost-competitive with natural gas-fired electricity in the U.S.