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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. And the era of fossil fuels is hardly over. Subscribe here.

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Alberta Premier’s Statements on Batteries ‘Ideologically Motivated,’ Inaccurate, Experts Say

DeSmogBlog

However, base load refers to the minimum amount of demand on an electrical grid over a given period of time, not a minimum level of constant supply. There are five countries in the world that run on 100 percent wind-water-solar (WWS) alone with zero batteries, zero nuclear, and zero fossil fuels. 100 percent WWS,” he said.

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Hydrogen as part of Canada’s energy transition

Clean Energy Canada

The clean-burning fuel does not produce carbon emissions upon consumption and so can replace fossil fuels in many sectors including heavy industry, transportation and heating. Currently, the majority of hydrogen around the world is produced from fossil fuels (76% from natural gas, 23% from coal).

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SPACs offer new investment opportunities for energy industry

Renewable Energy World

After the IPO is complete, and assuming a suitable acquisition target is identified, the SPAC seeks to combine with the target in what is referred to as a “de?SPAC” As the recent experience at ExxonMobile has shown, investors are eager to invest in, and accelerate the migration toward, energy production that does not rely on fossil fuels.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  And below we start the week off with a walk down memory lane of the year’s top CTVC headlines.

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Green energy transition: Why analysts are calling for governments to go 'beyond market economics'

Business Green

The remarkably rapid march of renewable power could see it become the backbone of much of the global electricity system by as soon as the end of this decade - but concerted policy action is still needed to deliver a successful transition away from fossil fuels towards a system dominated by solar, wind and hydro power.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

States that have set 100 percent zero-carbon or renewable energy mandates can force utilities to forego new fossil fuel projects, as has happened recently in Virginia and New Mexico. But Georgia, Alabama and Mississippi, the states where Southern Company’s electric utilities serve about 4.2