Remove Government Remove Hydropower Remove Natural gas Remove Nuclear Power
article thumbnail

Highlights From The BP Statistical Review Of World Energy 2021

R-Squared Energy

It is a primary data source for numerous companies, government agencies and non-government organizations. Small declines were also reported in coal, natural gas, and nuclear consumption, while renewables and hydropower recorded gains. Natural Gas. Renewables and Nuclear Power.

article thumbnail

'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. Policy makers should be taking action now to soften the impacts on the most vulnerable and to address the underlying causes."

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fossil Fuels Still Supply 84 Percent Of World Energy

R-Squared Energy

It is a primary source of data for numerous companies, government agencies, and non-government organizations. Natural gas contributed the second largest increment with 36% of the increase. Natural gas consumption rose by 2% in 2019 as the share of natural gas in primary energy consumption rose to a record high of 24.2%.

article thumbnail

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer. million jobs by 2050, it states.

Hydrogen 130
article thumbnail

Comment: Europe’s struggle to understand energy economics

Envirotec Magazine

Currently, governments cannot simply ‘skim off’ company profits. As long as there are enough suppliers (such as renewables and nuclear) with low marginal costs, the price paid for electricity by consumers also remains low. The country previously provided over 40% of all natural gas consumed in the EU. Source: IEA).

Energy 147
article thumbnail

NuScale Faces Questions on Nuclear Reactor Safety and Financing Its First Project

GreenTechMedia

UAMPS, a division of the Utah state government serving wholesale electric services to communities across the Intermountain West, has seen three cities vote to depart the 33-city consortium planning to agree to buy power from the CFPP in the past few months and is facing an October 31 deadline to commit to its role in the project.

article thumbnail

The US electric power sector is halfway to zero carbon emissions

Renewable Energy World

Wind and solar power dramatically outperformed expectations, delivering 13 times more generation in 2020 than projected. Emission-free nuclear generation largely held steady. Finally, natural gas generation grew rapidly, driven by the shale gas revolution and low fuel prices. All require more research.

Carbon 145