R-Squared Energy

JUNE 16, 2020

The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. The fossil fuel industry has faced an oversupply problem, as well as a public relations problem.

Fossil fuels 60

Fossil fuels Nuclear Power Carbon-negative Natural gas 60

Business Green

MARCH 27, 2023

Green day was supposed to be an opportunity to get back in the green race, but this is just supporting [fossil fuel] lobbies." On Thursday, we will also commit to addressing the imbalance between gas and electricity costs in household bills, to make electricity cheaper for the long term," he wrote. "I

Fossil fuels 87

Fossil fuels Government Packaging Policy 87

Clean Energy Canada

MARCH 25, 2024

Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. Expansion would also come at a cost to the province’s electricity system. s intended export markets. In the past, B.C.

Electricity 94

Electricity Nuclear Power Fossil fuels Natural gas 94

Business Green

MARCH 15, 2023

has bolstered its investment plans across Europe for the coming four years, arguing energy transition presents a major growth opportunity for its business. CEO Leonhard Birnbaum said the company's investment programme would depend on the right policy frameworks being introduced. "We At a press conference this morning, E.ON

Investment 36

Investment Electricity Nuclear Power Fossil fuels 36

Renewable Energy World

FEBRUARY 2, 2022

.” The green labeling system from the European Commission, the EU’s executive arm, would define what qualifies as an investment in sustainable energy in the 27-nation bloc. Under certain conditions, gas and nuclear energy could be part of the mix, making it easier for private investors to inject money into both.

Natural gas 100

Natural gas Investment Fossil fuels Nuclear Power 100

Business Green

DECEMBER 14, 2020

The plan is detailed in the long-awaited Energy White Paper, which was published this morning, and sets out a wide-ranging strategy to support 220,000 new green jobs over the next 10 years and signals a "decisive and permanent shift away from our dependence on fossil fuels", according to Business Secretary Alok Sharma.

Fossil fuels 96

Fossil fuels Government Energy Energy 96

Business Green

JULY 21, 2022

A new report by the think tank maps out the green energy jobs potential across England and Wales, estimating that low carbon power sources such as renewables and nuclear could create three times more secure, skilled jobs than gas power, while the wind and solar sectors hold potential to deliver five times more employment than fossil fuel plants.

Fossil fuels 68

Fossil fuels Energy Energy Government 68

Business Green

MARCH 22, 2022

Following a meeting with industry figures yesterday, the Prime Minister revealed plans to significantly expand the share of UK's electricity produced by nuclear power from around 16 per cent today to 25 per cent by 2050 - a move which would require major investment in new nuclear power capacity in the coming years, according to various reports.

Nuclear Power 36

Nuclear Power Energy Energy Fossil fuels 36

Business Green

JUNE 30, 2022

International Energy Agency argues nuclear power can play a significant role in supporting transition to a renewables-dominated energy system worldwide. At present, nuclear is still the world's second largest source of low carbon power after hydro electricity, with atomic power plants spread across 32 countries.

Nuclear Power 69

Nuclear Power Energy Energy Fossil fuels 69

Smart Energy International

MARCH 25, 2024

French TSO RTE has proposed investments prioritising developments of its network of the order of €100 billion by 2040. However, since then, the state has redefined its energy policy, including a revival of nuclear power, the acceleration of renewables and reindustrialisation through the development of low-carbon industrial zones.

Nuclear Power 59

Nuclear Power Fossil fuels Investment Carbon 59

Business Green

JULY 19, 2022

Department for Business, Energy and Industrial Strategy kicks off new Nuclear Fuel Fund to encourage investment and in nuclear supply chain. The UK government has launched a new £75m fund that aims to catalyse investment in the nuclear fuel sector.

Government 87

Government Nuclear Power Fossil fuels Investment 87

Clean Energy Canada

MARCH 25, 2024

It’s a bet on a particularly draining use of our electricity system over other priorities in need of power. Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. Many of B.C.’s

Methane 92

Methane Natural gas Nuclear Power Global warming 92

Renewable Energy World

APRIL 2, 2021

With the ban of new petrol and diesel cars in place in the UK by 2030, sales of electric cars are expected to surge. Plug-in hybrid and electric vehicles accounted for more than 1 in 10 vehicle registrations in 2020, up from 1 in 30 in 2019, according to data published by the Society of Motor Manufacturers and Traders. Challenges.

Energy Monitor 115

Energy Monitor Business Energy Monitoring Building Energy Monitoring Electricity 115

Business Green

JANUARY 4, 2023

As such, it sets out how the UK could accelerate its transition away from fossil fuels, secure its energy supplies, and tackle the looming affordability, security, and sustainability 'trilemma' through a raft of new policies. Britain will continue to need to access fossil fuel supplies during the Net Zero transition.

Fossil fuels 36

Fossil fuels Government Energy Energy 36

Business Green

NOVEMBER 21, 2021

Findings illustrate case for government to invest in nuclear as part of net zero transition, Nuclear Industry Association CEO argues. A report published last week by the UN body that explored the lifecycle assessment of different types of electricity generation concluded nuclear produces between 5.1 CO2e per kWh.

Carbon 100

Carbon Nuclear Power Fossil fuels Technology 100

DeSmogBlog

DECEMBER 20, 2023

However, base load refers to the minimum amount of demand on an electrical grid over a given period of time, not a minimum level of constant supply. There are five countries in the world that run on 100 percent wind-water-solar (WWS) alone with zero batteries, zero nuclear, and zero fossil fuels.

Batteries 123

Batteries Fossil fuels Demand Energy 123

Business Green

JUNE 7, 2021

The UK will need roughly 108GW of offshore wind capacity by 2035 - more than 10 times current capacity - to achieve a net zero electricity system by the middle of the next decade, researchers from Imperial College London have warned.

Electricity 99

Electricity Carbon-neutral Wind power Nuclear Power 99

Renewable Energy World

FEBRUARY 17, 2021

The agreement is said to involve 33 public and private entities, including Korea Electric Power Corp (KEPCO), equipment manufacturers such as Doosan Heavy Industries & Construction, and engineering and manufacturing companies such as SK E&S, Hanwha Engineering & Construction Corp, CS Wind Corp, and Samkang M&T Co.

Wind power 109

Wind power Carbon-neutral Nuclear Power Fossil fuels 109

Smart Energy International

SEPTEMBER 26, 2023

The IEA’s updated Net Zero Roadmap identifies the doubling of grid investments by 2030 as a key milestone for the electricity sector towards its net zero scenario. Thereafter the investment also needs to remain at a high level, approaching a peak of $1.1 trillion by 2040 before dropping back to around $850 billion by 2050.

Nuclear Power 59

Nuclear Power Fossil fuels Investment Electricity 59

GreenTechMedia

JUNE 10, 2020

Last year’s Climate Leadership and Community Protection Act (CLCPA) calls for getting 70 percent of the state’s electricity from renewables by 2030, up from 26.8 But in the longer term, demand is expected to grow significantly as New York seeks to shift transportation and building heating from fossil fuels to electricity.

Building Energy Monitoring 130

Building Energy Monitoring Solar Energy Monitor Business Energy Monitoring Energy Monitor 130

Business Green

DECEMBER 24, 2021

Offshore wind energy powerhouse Orsted demonstrates that a pivot away from fossil fuels is possible. The first, biggest step to slowing climate change is switching electricity generation from coal and gas to wind and sun. A core reason for this trend is that electric utilities aren't mandating the switch over.

Carbon 100

Carbon Fossil fuels Energy Energy 100

Business Green

OCTOBER 26, 2021

UK consumers are set to pay up-front for the construction of a fresh fleet of large-scale nuclear power plants through their energy bills under a new financing model unveiled by the government today, which looks set to provide a key building block of its plans to deliver a net zero energy system.

Government 63

Government Nuclear Power Construction Fossil fuels 63

Business Green

JUNE 9, 2020

Households can pay up front to part own the one-turbine project in exchange for receiving the power it generates, in a first for the UK's wind industry. An energy start-up has today kicked off a project that offers customers the chance to buy a share in a new wind farm in Wales in exchange for receiving the electricity it will produce.

Energy 101

Energy Energy Nuclear Power Fossil fuels 101

DeSmogBlog

JUNE 22, 2023

The consultant was the sole interviewee in the segment, in which she claimed that the move to renewable energy, primarily wind power, was increasing the risk of blackouts. But various experts challenge this view and the National Grid, which runs the UK’s electricity network, is not anticipating outages this winter.

Fossil fuels 97

Fossil fuels Global warming Climate change Demand 97

Envirotec Magazine

APRIL 26, 2021

Despite this, many energy companies are taking a lukewarm approach to their energy mix: by 2030, British energy companies expect to reduce their reliance on fossil fuels and clean fuel (4% and 1.5% respectively), and increase their investment into new energy sources (15%). The role of data and technology.

Sustainability 183

Sustainability Energy Energy Carbon-neutral 183

Business Green

NOVEMBER 17, 2020

Boris Johnson has unveiled his much-vaunted 10-point green recovery plan, promising a multi-billion pound package of investment across the green economy designed to create an estimated 250,000 new jobs in the carbon capture, electric vehicle, nuclear, hydrogen and renewables sectors.

Government 101

Government Investment Packaging Hydrogen 101

Business Green

JANUARY 6, 2023

National Grid ESO data reveals a number of fresh records, as zero carbon power sources made up more than half of Britain's power for extended periods of the year. The electricity grid achieved its lowest ever carbon intensity month in February 2022, which delivered an average of 126g CO2/kWh over the period, the data reveals.

Power grid 74

Power grid Hydropower Fossil fuels Carbon 74

GreenTechMedia

MAY 27, 2020

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. its Southern Power competitive power arm which owns about 12.8

Carbon 130

Carbon Carbon-negative Natural gas Carbon-neutral 130

Business Green

JULY 22, 2021

Between $92tr and $173tr of investment needed to drive net zero energy transition over next 30 years, major new report estimates. This surge in development would see variable renewables account for over half of electricity generation worldwide in 2030, rising to 84 per cent in 2050.

Fossil fuels 69

Fossil fuels Energy Energy Aviation 69

Business Green

JUNE 27, 2022

Improving the thermal performance of UK homes could deliver climate and energy security at a fraction of the cost of nuclear power, argues Kingspan's Rita Singh. As for nuclear power, it needs to be part of the UK's energy mix, but it won't come online or deliver cost benefits for consumers for several decades.

Nuclear Power 69

Nuclear Power Energy Energy Carbon-negative 69

Business Green

JULY 29, 2021

The government has set out its suggested approach for constructing the UK's first Advanced Modular Reactor (AMR) demonstrator today, bolstering its ambition for the next generation of small nuclear power plants to be up and running within the next decade.

Nuclear Power 85

Nuclear Power Government Fossil fuels Construction 85

Business Green

NOVEMBER 4, 2022

Led by French energy giant EDF - which is also currently constructing a nuclear power plant of the same size at Hinkley Point in Somerset - the Sizewell C project had been expected to provide up to seven per cent of the UK's total electricity needs.

Nuclear Power 41

Nuclear Power Government Investment Carbon 41

Business Green

JULY 8, 2022

Office for Budget Responsibility estimates sustained high fossil fuel prices could make the comparative costs of net zero over a third cheaper. But it also stressed the risk that developing nations could drive a rapid rise in demand for fossil fuels in the coming years, putting further upward pressure on energy prices.

Fossil fuels 48

Fossil fuels Electric vehicle Government Nuclear Power 48

Business Green

MARCH 10, 2023

Next week's Budget will feature a wide-ranging new clean energy package designed to mobilise £20bn of investment in the UK, Treasury confirms The Chancellor will next week promise to "reset" the UK's decarbonisation and energy security plans through an "unprecedented" £20bn investment in carbon capture and clean energy infrastructure.

Carbon 69

Carbon Energy Energy Nuclear Power 69

Business Green

OCTOBER 5, 2020

Boris Johnson is set to cast a major vote of confidence in the UK's flourishing offshore wind sector tomorrow in a bid to help the country "build back greener", confirming a higher target for 40GW of capacity by 2030, backed by £160m investment towards state-of-the-art turbine manufacturing.

Investment 54

Investment Wind power Packaging Hydrogen 54

Business Green

MARCH 9, 2022

To become energy secure and genuinely resilient from volatile fossil fuel prices, the UK must accelerate its transition to a zero-carbon energy system, writes Nick Molho, from the Aldersgate Group. Developing new sources of fossil fuel production: a tempting but inadequate answer to the crisis.

Fossil fuels 36

Fossil fuels Resilience Investment Electric vehicle 36

Business Green

JANUARY 17, 2022

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. As a result overall emissions from power generation rose by seven per cent in 2021, to reach a record high, the briefing warns.

Natural gas 80

Natural gas Energy Energy Fossil fuels 80