article thumbnail

WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. By 2040, Europe is expected to add another 169 gigawatts of wind and 172 gigawatts of solar. New-build projects in the U.K.

article thumbnail

Highlights from the 2022 BP Statistical Review

R-Squared Energy

Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. It is a primary data source for numerous companies, government agencies, and non-government organizations.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

NuScale’s Federal Safety Approval Moves US Modular Nuclear Reactors a Step Closer to Reality

GreenTechMedia

Those include a deal with state power agency Utah Associated Municipal Power Systems to build 12 of its 50-megawatt modules by 2030 to deliver power across the Intermountain West as part of UAMPS’ Carbon Free Power Project. NuScale says it has also signed agreements with entities in the U.S.,

article thumbnail

Energy crisis: Labour unveils £6bn home insulation plan, as pressure mounts on government for action

Business Green

Liz Truss, Rishi Sunak and Downing Street face mounting pressure to ramp up support for energy efficiency and billpayers as autumn draws nearer. Britain's cost of living crisis is getting worse, leaving people scared about how they'll get through the winter," said Starmer.

article thumbnail

UK's global offshore wind lead squeezed despite near 100GW pipeline

Business Green

However, as the UK's offshore wind pipeline has grown, the global market appears to be accelerating even faster as the clean energy transition takes hold, which is slimming the UK's dominance of the sector worldwide. Even so, at present the UK still remains a dominant offshore wind player on the global stage.

article thumbnail

Fuelling the transition: How investors can really move the dial on sustainable energy

Business Green

The UK government has set out its net zero strategy and held the world to account at COP26 - and not a moment too soon. With the global need for action more pressing than ever, the strategy and conference have called for a complete rebuilding of the energy system, with renewable energy set to play a central role.

article thumbnail

Tory leadership contest goes nuclear, as Truss and Sunak face worsening energy crisis

Business Green

With EDF’s Sizewell C reportedly close to a government funding deal, the Tory leadership candidates are scrambling to identify credible fixes to the looming fuel poverty crisis. The project received the go-ahead last month, but negotiations over the funding arrangement between the government and French energy giant have been ongoing.