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Power supply challenges leave 350 million with major outages – study

Smart Energy International

Some 350 million people, more than 4% of the global population, were impacted by a major power outage in 2021 as the combination of traditional market challenges and new factors disrupted the operations of energy systems, according to a new report released by research firm IHS Markit Global Power and Renewables. Have you read?

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'How to withstand Russia's energy blackmail': IEA warns further clean energy measures 'vital' to closing gas supply gap in 2023

Business Green

Additional €100bn for renewables, heat pumps, energy efficiency, and biomethane needed as EU faces 'sterner' gas supply test next year, IEA warns. The additional €100bn the IEA said is required to bolster Europe's clean, efficiency energy sources in 2023 amounts to less than a third of that mobilised by EU member states so far this year.

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'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The stranded asset hypothesis just got real. However, the contention that the new price projections are more realistic is contestable.

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Is There Enough Biomass to Fuel the World? Part III

Mr. Sustainability

How to divert energy flows from fossil to renewable using electricity and biomass Summary - Up to 20% of our energy needs could be met by sustainably harvested biomass, in particular food and agricultural waste, as well as manure. In part II we learned that the world needs 435 TWh of energy per day. Or is there?

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Can the 150-year old London Metal Exchange broker a low-carbon future?

Business Green

Specialising in metal futures and options, the LME also operates a global warehouse network of more than 600 storage facilities, and boasts the distinction of being the last physical trading floor in Europe.

Carbon 36
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LNG Projects Make Claims of ‘Net-Zero’ to Ease Way for Expansion

DeSmogBlog

However, while on the surface it may appear to be a positive shift towards lowering the greenhouse gas impact of their projects, the rhetoric about carbon-neutral LNG is mostly hollow, in another attempt to greenwash new fossil fuel projects into existence. Premier John Horgan (left) announce plans to use hydropower at B.C.’s

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China and the EU: Two More Reasons Why 2020 Will Be a Make or Break Year

Green Market Oracle

This year is also important from the perspective of a major shift away from dirty energy. I have explained how investors, insurers and banks are abandoning fossil fuels. Early in 2020 the Guardian become the first major news organization to refuse ads from fossil fuel companies.