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Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

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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% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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Solar to make up half of new generating capacity in 2022

Renewable Energy World

power grid this year. GW (21%) from natural gas projects and 7.6 The agency says another 5% of the country’s planned electric capacity additions in 2022 will come from two new reactors at the Vogtle nuclear power plant in Georgia. EIA said it expects 46.1 Around 21.5 GW (17%) from wind additions.

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Will future fuel shortages and cyberattacks leave homeowners powerless?

Renewable Energy World

But what if an attack like this happens again and it affects our power grid? Whether you use gas or another source of electricity to power your home, you are probably aware that your consumption (and your energy bills) has two seasonal peaks. When it comes to natural gas in particular, the U.S.

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Canadian LNG Will Stall Asia’s Shift to Renewables, Energy Experts in Asia Say

DeSmogBlog

Oil and gas companies have for years marketed fracked gas from B.C. But an impending flood of liquefied natural gas exports from western Canada to Asia could make it harder for countries there to achieve their national climate targets and contribute to tens of thousands of additional deaths due to air pollution.

Asia 100
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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Dominion’s new IRP is driven by Virginia's Clean Economy Act passed earlier this year, which calls for 100 percent carbon-free electricity by 2045 and sets targets for energy efficiency, energy storage, and in-state solar and wind power. Under the law, Dominion Virginia and the smaller Appalachian Power Co.

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Vistra, LS Power Top Winners in PG&E?s 420MW Storage Procurement

GreenTechMedia

Pacific Gas & Electric has asked California regulators to approve seven battery projects totaling 423 megawatts, or nearly 1.7 gigawatt-hours of energy storage capacity, to meet its share of a statewide procurement that must be brought online by late next year to assure statewide grid stability.