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Nuclear power output expected to break global records in 2025

The Guardian: Energy

Experts say world is ‘past peak fossil power’ but warn against uneven development of energy projects Nuclear power generation is likely to break records in 2025 as more countries invest in reactors to fuel the shift to a low-carbon global economy, while renewable energy is likely to overtake coal as a power source early next year, data has shown.

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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

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.

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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

If the cost of carbon is factored into the price of hydrogen, green hydrogen could become more competitive compared to blue or grey hydrogen, which are produced using fossil fuels. Market Expansion: With the CBAM in place, there may be an increased demand for green hydrogen in Europe.

Europe 84
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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

.” 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.

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E.ON plots European electricity infrastructure investment spree

Business Green

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

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Cutting the cord: Tony Blair Institute sets out plan to halt Europe's dependency on Russian gas

Business Green

Snap analysis explores how Europe could rapidly curb Russian oil and gas imports and tap into long term energy security and environmental gains. The Tony Blair Institute (TBI) has today published a new paper detailing how Europe could bring an end to imports of Russian Gas in direct response to Vladimir Putin's invasion of Ukraine.

Europe 69
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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office. But this didn’t suit everyone.