Remove Demand Remove Investment Remove North America Remove Nuclear Power
article thumbnail

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%

article thumbnail

Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement

GreenTechMedia

Bright Canyon has primarily invested in wind power projects to date, including ownership stakes in Missouri and Minnesota projects being developed by Tenaska. Hanwha Energy USA Holdings Corp. Bright Canyon Energy, a subsidiary of Pinnacle West Capital Corp.,

Insiders

Sign Up for our Newsletter

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

article thumbnail

Could nuclear hydrogen be a game changer worth trillions?

Hydrogen Fuel News

The $7 billion the federal government is investing in clean H2 is meant to clean up precisely this type of production. Scientists at four nuclear power plants in the US are attempting to improve electrolysis processes to make it more practical, affordable and feasible at scale. Why use nuclear energy to produce hydrogen?

article thumbnail

How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company

R-Squared Energy

If you had invested in Florida-based utility NextEra Energy a decade ago, your total return through this week, including dividends, would have been 600%. In contrast, if you had invested in ExxonMobil a decade ago, you have seen the share value decline by half. NextEra’s dividend is considered as safe as an investment-grade bond.

Energy 114
article thumbnail

MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

First, nationwide transmission allows power-sharing across regions facing widely different weather systems that drive variation in wind and solar generation. It co-optimizes grid capacity investments and hourly operations costs of generation, storage, and transmission to meet projected electricity demand in 2040.

article thumbnail

The Inflation Reduction Act is signed into law

Smart Energy International

But the money that would be invested in climate represents the country’s largest investment in climate change mitigation to date with more than $400 billion in spending over a 10-year period. Energy Transitions Podcast: Weighing the future of nuclear power in Europe. Home electrification and energy efficiency.

Law 104
article thumbnail

Can EDF Make Big Money in Small-Scale Renewables?

GreenTechMedia

The world’s leading nuclear power generator is betting big on a future of small-scale, distributed energy. Électricité de France operates 58 nuclear reactors in its home country and owns stakes in several U.S. nuclear plants that it's now moving to sell.