Business Green

NOVEMBER 29, 2022

Sizewell C project takes major step forward as government unveils plans to establish Great British Energy, a new arms-length public body to oversee UK nuclear power pipeline. However, confirmation of direct investment in the Sizewell C project garnered a mixed response.

Nuclear Power 69

Nuclear Power Government Fossil fuels Investment 69

Business Green

FEBRUARY 14, 2021

But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid. Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

Fossil fuels 101

Fossil fuels Power grid Carbon-negative Hydropower 101

Business Green

SEPTEMBER 15, 2020

The report - titled Missing Link to a Livable Climate: How Hydrogen-Enabled Synthetic Fuels Can Help Deliver the Paris Goals - suggests renewables alone would struggle to deliver green hydrogen at the scale that would be required if the fuel were to displace the 100 million barrels of oil used on the planet each day.

Nuclear Power 95

Nuclear Power Hydrogen Fossil fuels Natural gas 95

R-Squared Energy

MAY 4, 2021

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. Grey hydrogen denotes hydrogen produced from fossil fuels, such as via the SMR process. The Nuclear Option.

Nuclear Power 60

Nuclear Power Hydrogen Methane Carbon 60

R-Squared Energy

JUNE 16, 2020

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.

Fossil fuels 60

Fossil fuels Nuclear Power Carbon-negative Natural gas 60

DeSmogBlog

JUNE 12, 2023

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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Fossil fuels Investment Hydrogen Natural gas 87

Business Green

MARCH 27, 2023

Green day was supposed to be an opportunity to get back in the green race, but this is just supporting [fossil fuel] lobbies." Writing on Twitter, former COP26 President Alok Sharma said the key test of the 'Green Day' announcements would be whether it serves to meaningfully accelerate investment in green technologies and jobs. "[The

Fossil fuels 83

Fossil fuels Government Packaging Policy 83

Renewable Energy World

FEBRUARY 2, 2022

.” 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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Natural gas Investment Fossil fuels Nuclear Power 100

Business Green

DECEMBER 14, 2020

The plan is detailed in the long-awaited Energy White Paper, which was published this morning, and sets out a wide-ranging strategy to support 220,000 new green jobs over the next 10 years and signals a "decisive and permanent shift away from our dependence on fossil fuels", according to Business Secretary Alok Sharma.

Fossil fuels 95

Fossil fuels Government Energy Energy 95

GreenTechMedia

MARCH 1, 2021

The energy transition isn’t just sounding the death knell for fossil fuels. According to some experts, it has also revealed flaws in an idea that has bugged some academics for decades: As we move to less energy-dense fuels, could we end up without enough surplus for society? In other words, you would need to get 1.1

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Investment Energy Energy Fossil fuels 130

Business Green

JULY 21, 2022

A new report by the think tank maps out the green energy jobs potential across England and Wales, estimating that low carbon power sources such as renewables and nuclear could create three times more secure, skilled jobs than gas power, while the wind and solar sectors hold potential to deliver five times more employment than fossil fuel plants.

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Fossil fuels Energy Energy Government 68

Business Green

MARCH 22, 2022

Following a meeting with industry figures yesterday, the Prime Minister revealed plans to significantly expand the share of UK's electricity produced by nuclear power from around 16 per cent today to 25 per cent by 2050 - a move which would require major investment in new nuclear power capacity in the coming years, according to various reports.

Nuclear Power 36

Nuclear Power Energy Energy Fossil fuels 36

Business Green

MARCH 15, 2023

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

Investment 36

Investment Electricity Nuclear Power Fossil fuels 36

Business Green

JUNE 30, 2022

International Energy Agency argues nuclear power can play a significant role in supporting transition to a renewables-dominated energy system worldwide. However, it still expects renewable electricity sources to dominate the global energy mix, with nuclear power projected to make up only around eight per cent of the mix by mid-century.

Nuclear Power 69

Nuclear Power Energy Energy Fossil fuels 69

Business Green

JULY 19, 2022

Department for Business, Energy and Industrial Strategy kicks off new Nuclear Fuel Fund to encourage investment and in nuclear supply chain. The UK government has launched a new £75m fund that aims to catalyse investment in the nuclear fuel sector.

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Government Nuclear Power Fossil fuels Investment 83

Business Green

JANUARY 4, 2023

As such, it sets out how the UK could accelerate its transition away from fossil fuels, secure its energy supplies, and tackle the looming affordability, security, and sustainability 'trilemma' through a raft of new policies. Britain will continue to need to access fossil fuel supplies during the Net Zero transition.

Fossil fuels 36

Fossil fuels Government Energy Energy 36

DeSmogBlog

JANUARY 25, 2022

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. The frequency of these meetings increased to 2.86

Investment 95

Investment Sustainability Fossil fuels Carbon-neutral 95

Smart Energy International

MARCH 25, 2024

French TSO RTE has proposed investments prioritising developments of its network of the order of €100 billion by 2040. However, since then, the state has redefined its energy policy, including a revival of nuclear power, the acceleration of renewables and reindustrialisation through the development of low-carbon industrial zones.

Nuclear Power 59

Nuclear Power Fossil fuels Investment Carbon 59

Clean Energy Canada

MARCH 25, 2024

Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. LNG in the coming years and decades as forecasts for future LNG demand vary significantly. s intended export markets.

Electricity 97

Electricity Nuclear Power Fossil fuels Natural gas 97

Business Green

NOVEMBER 10, 2023

. - by Michael Holder ( @michaelholder ) 'Shovel ready': National Grid helps 20GW of clean energy projects jump connections queue National Grid moves capacity equivalent to six Hinkley Point C nuclear power stations up connections queue, promising major boost to energy storage developers. -

Hydrogen 39

Hydrogen Cooling Nuclear Power Fossil fuels 39

Business Green

NOVEMBER 21, 2021

Findings illustrate case for government to invest in nuclear as part of net zero transition, Nuclear Industry Association CEO argues. A report published last week by the UN body that explored the lifecycle assessment of different types of electricity generation concluded nuclear produces between 5.1 CO2e per kWh.

Carbon 100

Carbon Nuclear Power Fossil fuels Technology 100

Clean Energy Canada

MARCH 25, 2024

Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. s LNG industry is the question of where the electricity will come from to power new projects. Many of B.C.’s

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Methane Natural gas Nuclear Power Global warming 94

DeSmogBlog

DECEMBER 20, 2023

Smith continued: “I’ll tell you what I know about batteries, because I talked to somebody who was thinking of investing in a 200-megawatt plant, $1 million to be able to get each megawatt stored. She never met a fossil fuel lobbyist she didn’t love.” ”She That’s $200 million for his plant alone.

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Batteries Fossil fuels Demand Energy 128

Business Green

MARCH 28, 2022

The government's much anticipated Energy Security Strategy has reportedly been delayed for a second time, with the Treasury resisting proposals for new spending plans that would help to boost domestic energy generation and curb imports of Russian fossil fuels.

Investment 36

Investment Energy Energy Fossil fuels 36

Renewable Energy World

FEBRUARY 17, 2021

President Moon Jae-in at Investment Agreement Signing Ceremony, courtesy: Office of the President. President Moon Jae-in said: “The wind farm to be built on the waters off Sinan will be as much as seven times the size of the world’s current largest wind power complex. The companies will provide 47.6

Wind power 109

Wind power Carbon-neutral Nuclear Power Fossil fuels 109

Business Green

DECEMBER 24, 2021

Offshore wind energy powerhouse Orsted demonstrates that a pivot away from fossil fuels is possible. Within 10 years, Ørsted has transformed from a conventional energy company reliant on fossil fuels for 85 per cent of its revenues to a renewable energy powerhouse, with 85 per cent of revenues coming from non-fossil sources.

Carbon 100

Carbon Fossil fuels Energy Energy 100

Business Green

OCTOBER 26, 2021

UK consumers are set to pay up-front for the construction of a fresh fleet of large-scale nuclear power plants through their energy bills under a new financing model unveiled by the government today, which looks set to provide a key building block of its plans to deliver a net zero energy system.

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Government Nuclear Power Construction Fossil fuels 61

Envirotec Magazine

APRIL 26, 2021

Despite this, many energy companies are taking a lukewarm approach to their energy mix: by 2030, British energy companies expect to reduce their reliance on fossil fuels and clean fuel (4% and 1.5% respectively), and increase their investment into new energy sources (15%). The role of data and technology.

Sustainability 183

Sustainability Energy Energy Carbon-neutral 183

GreenTechMedia

JUNE 10, 2020

That leaves a massive gap to be filled by clean energy, since more than half of the state’s carbon-free emissions today come from nuclear power, as shown in the chart below. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO.

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Building Energy Monitoring Solar Energy Monitor Business Energy Monitoring Energy Monitor 130

Smart Energy International

SEPTEMBER 26, 2023

The IEA’s updated Net Zero Roadmap identifies the doubling of grid investments by 2030 as a key milestone for the electricity sector towards its net zero scenario. Thereafter the investment also needs to remain at a high level, approaching a peak of $1.1 trillion by 2040 before dropping back to around $850 billion by 2050.

Nuclear Power 59

Nuclear Power Fossil fuels Investment Electricity 59

Business Green

NOVEMBER 17, 2020

Boris Johnson has unveiled his much-vaunted 10-point green recovery plan, promising a multi-billion pound package of investment across the green economy designed to create an estimated 250,000 new jobs in the carbon capture, electric vehicle, nuclear, hydrogen and renewables sectors.

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Government Investment Packaging Hydrogen 101

Business Green

JUNE 27, 2022

Improving the thermal performance of UK homes could deliver climate and energy security at a fraction of the cost of nuclear power, argues Kingspan's Rita Singh. As for nuclear power, it needs to be part of the UK's energy mix, but it won't come online or deliver cost benefits for consumers for several decades.

Nuclear Power 69

Nuclear Power Energy Energy Carbon-negative 69

Business Green

JULY 8, 2022

Office for Budget Responsibility estimates sustained high fossil fuel prices could make the comparative costs of net zero over a third cheaper. But it also stressed the risk that developing nations could drive a rapid rise in demand for fossil fuels in the coming years, putting further upward pressure on energy prices.

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Fossil fuels Electric vehicle Government Nuclear Power 44

Business Green

NOVEMBER 4, 2022

Led by French energy giant EDF - which is also currently constructing a nuclear power plant of the same size at Hinkley Point in Somerset - the Sizewell C project had been expected to provide up to seven per cent of the UK's total electricity needs. The Treasury was considering a request for comment at the time of going to press.

Nuclear Power 39

Nuclear Power Government Investment Carbon 39

Business Green

JULY 22, 2021

Between $92tr and $173tr of investment needed to drive net zero energy transition over next 30 years, major new report estimates. At present, around 83 per cent of primary energy is currently fossil fuels, while wind and solar PV account for just 1.3 There is no time to waste," stressed BNEF chief economist Seb Henbest.

Fossil fuels 69

Fossil fuels Energy Energy Aviation 69

Business Green

JUNE 9, 2020

Ripple Energy claims the investment will slash annual electricity bills for thosethat join the scheme by as much as 25 per cent. You can't own a bit of a coal or nuclear power station to supply your home with electricity, but you absolutely can own a bit of a wind farm. Huge change is now possible, and people are embracing it.".

Energy 101

Energy Energy Nuclear Power Fossil fuels 101

GreenTechMedia

MAY 27, 2020

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. its Southern Power competitive power arm which owns about 12.8

Carbon 130

Carbon Carbon-negative Natural gas Carbon-neutral 130