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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.” New nuclear plants producing electricity or heat are allowed until 2045.

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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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Alberta Promises Cenovus $7 Million to Study Small Modular Nuclear Reactors

DeSmogBlog

The government of Alberta announced a $7 million contribution to Canadian oil giant Cenovus to study the possibility of using small modular nuclear reactors (SMR) as part of the province’s effort to decarbonize oil sands production. ERA’s Technology Innovation and Emissions Reduction (TIER) fund is financing the project.

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

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Highlights from the 2022 BP Statistical Review

R-Squared Energy

It is a primary data source for numerous companies, government agencies, and non-government organizations. The remaining share of primary energy use consisted of hydroelectric power (6.8%), renewables (6.7%), and nuclear power (4.3%). Natural Gas. produced 23% of the world’s natural gas in 2021.

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B.C.’s late LNG bet appears risky in a competitive market

Clean Energy Canada

s proposed LNG projects would come online in a global LNG market anticipated to see export capacity increase by 43 per cent by 2030, but there is no consensus from governments or industry on future global demand. s LNG industry is the question of where the electricity will come from to power new projects. Many of B.C.’s

Methane 92
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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. Global natural gas consumption declined by 2.3%.