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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

"Sharp spikes in electricity prices in recent times have been causing hardship for many households and businesses around the world and risk becoming a driver of social and political tensions," said IEA executive director Fatih Birol. This is not a renewables or a clean energy crisis; this is a natural gas market crisis."

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Renewables make up nearly all of Texas’ new generating capacity. Can the market keep up the momentum?

Renewable Energy World

But even after another banner year for clean energy in the state, a market redesign, fueled by political rhetoric from state leaders, could thwart future deployment, experts say. Natural gas-fired additions made up 13% of the new capacity. Follow @EngelsAngle. Texas' love affair with renewable energy is undeniable.

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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals

GreenTechMedia

Xcel expects regulators to approve this plan, which also includes coal-closure commitments and extending its nuclear power plant operations through at least 2040, by the end of this year. million electric and 2 million natural gas customers spread across eight states, are moving toward their own clean-energy and zero-carbon mandates.

Carbon 130
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Arizona Outlines Possible Path to 100 Percent Clean Power by 2050

GreenTechMedia

“I am glad the commission was finally able to look past partisan politics to support science and economics-based policy that stakeholders, utilities and ratepayers could all agree upon and benefit from.” Arizona experienced a record-setting heat wave this summer, and it and other states across the Western U.S.

Carbon 130
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Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

She was invited on the show (1:24) to discuss the National Grid’s ‘demand flexibility service’ scheme, under which households and some businesses receive payments for using less energy at times of peak demand. The BBC regularly covers climate change and the dangers of climate misinformation.

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Could UK gas power stations still play a role on a net zero grid?

Business Green

It argues the costs of removing emissions from the power system are likely to rise over the coming years as policymakers plot how to deliver firm and flexible low carbon generation capacity that can oust unabated fossil fuel power from the grid.

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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It emphasised the need to “recognize the transitional and enabling role of natural gas,” referring to two of the taxonomy’s three categories.