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Industry Exec: Data Centers Will Drive Demand for Natural Gas

POWER Magazine

An executive with the TC Energy, a group that is among the largest operators of natural gas pipelines in North America, said electricity demand from energy-intensive data centers will support […] The post Industry Exec: Data Centers Will Drive Demand for Natural Gas appeared first on POWER Magazine.

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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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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.

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

GreenTechMedia

HECO is still in the process of picking winners of projects to provide customer-based grid services, such as fast frequency response and capacity, to help manage its rising mix of renewable energy and the loss of its baseload power plants. Hanwha Energy USA Holdings Corp.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Natural gas and coal demand stayed nearly flat with oil rebounding close to pre-pandemic levels. Primary Global Energy Consumption 2022 ROBERT RAPIER Global energy demand grew by 1.1% Oil demand grew by 3.1%

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So, What Exactly Are Small Modular Nuclear Reactors?

GreenTechMedia

At a time when lawmakers are scratching their heads over how to decarbonize national energy systems, nuclear is sitting on a technology that is low-carbon, mature and, despite the odd meltdown, relatively safe. Yet across North America and Europe, nuclear can’t seem to get a look-in. Meanwhile in the U.S.,

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

R-Squared Energy

Nine months later that value is $140 billion as the company grapples with the decline in energy demand brought on by the pandemic. NextEra’s renewables unit, NextEra Energy Resources, is primarily oriented toward wind power (58% of this unit’s fuel mix) and is the largest generator of wind power in North America.

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