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New Climate Targets Will Require Europe to Double the Pace of Renewables Deployment

GreenTechMedia

Coal power slumped by 20 percent year-on-year while solar and wind power grew 15 percent and 9 percent, respectively. That figure includes offshore wind capacity exceeding the combined EU-27 + U.K. SolarPower Europe tracked 18.2 By 2035 it will reduce its reliance on nuclear power from 75 percent to 50 percent.

Europe 130
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UK’s National Grid proposes £58bn network upgrade plan

Smart Energy International

billion) of further, direct investment into electricity networks to facilitate the connection of clean assets and renewable energy sources. National Grid forecasts a 64% growth in power demand to 2035, the UK’s target for net zero. National Grid ESO has released a network upgrade plan, calling for £58 billion ($73.6

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EIB invests nearly half a billion euros in major German grid expansion plan

Smart Energy International

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity transmission corridor — the Ostbayernring — connecting Redwitz to Schwandorf in the south-east of Germany. Sign up to our newsletter and stay informed.

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UK's global offshore wind lead squeezed despite near 100GW pipeline

Business Green

According to the trade body's figures today, the global pipeline of offshore wind capacity has grown to 1,175GW - meaning that the UK's market share now sits at a record low of around 8.5 Even so, at present the UK still remains a dominant offshore wind player on the global stage.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come. lags behind China, Japan and the European Union in infrastructure and research investments to reach this potential.

Hydrogen 130
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Spring Budget: Chancellor to press button on clean energy reset with £20bn carbon capture pledge

Business Green

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
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Subsidies to biomass plant in Teesside must be stopped says environmental coalition

Envirotec Magazine

By comparison, the CfD awarded to Hinkley Point C nuclear power station is £106.12/MWh. The most recent CfD auction for offshore wind resulted in a strike price of £46/MWh – one-third of the cost of the MGT Teesside’s award in today’s prices. Unlike cheap wind and solar power, biomass?power MWh at current rates.

Carbon 130