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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

BRUSSELS (AP) — The European Union on February 2 proposed including nuclear energy and natural gas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing.” Germany, Europe’s largest economy, demanded that gas be part of the plan.

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Nuclear Power Is A Viable Option For Replacing Coal

R-Squared Energy

This transition is being driven by several factors, including environmental regulations, competition from natural gas, and the declining cost of renewable energy. As coal-fired power plants are retired, there is a need for reliable and affordable zero-emission power replacements.

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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”. But the natural gas and subsequent oil boom were victims of their own success.

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'Missing link': Could nuclear power up the clean hydrogen industry?

Business Green

However, the dominant process for producing hydrogen currently uses natural gas as a feedstock, meaning that new production processes will be required at scale if hydrogen is to deliver hoped for emissions reductions over the coming decades.

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‘We Have to Stop Demonising Oil and Gas’ Jacob Rees-Mogg Told UAE Investment Chief

DeSmogBlog

Former Business and Energy Secretary Jacob Rees-Mogg spoke of his desire for people to “stop demonising oil and gas” in a private meeting with the head of the United Arab Emirates’s state investment company, DeSmog can reveal. The fossil fuel era is over.

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Clean Hydrogen From Nuclear Power

R-Squared Energy

Since then, billions of dollars have been invested in an attempt to realize this vision. When hydrogen is combusted in an engine or consumed in a fuel cell, it combines with oxygen to form water. Hydrogen gas is reactive, and thus there do not exist deposits of hydrogen that can be exploited. The Nuclear Option.

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. The stakes for nations that fail to unhitch themselves from gas markets are incredibly high, according to the global energy think tank.