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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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Solar to make up half of new generating capacity in 2022

Renewable Energy World

Energy Information Administration (EIA) says nearly half of planned capacity additions in 2022 will be solar energy resources. power grid this year. GW (21%) from natural gas projects and 7.6 GW (21%) from natural gas projects and 7.6 GW (11%) to come from energy storage projects.

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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 90
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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. gigawatts of energy storage over the next 15 years. Credit: Dominion Energy). Under the law, Dominion Virginia and the smaller Appalachian Power Co.

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New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) find in their annual joint report. Greenhouse Gas Emissions Source: BloombergNEF estimate. Energy demand for electricity and transportation fell by 3.8%

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.

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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? Peak Energy Usage. 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. Energy Storage is Key.