Remove Hydropower Remove Investment Remove Natural gas Remove 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. This is not a renewables or a clean energy crisis; this is a natural gas market crisis."

article thumbnail

Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year. This is largely thanks to the huge momentum behind renewables, with ever cheaper solar leading the way, and support from the important comeback of nuclear power, whose generation is set to reach a historic high by 2025.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come. lags behind China, Japan and the European Union in infrastructure and research investments to reach this potential.

Hydrogen 130
article thumbnail

Comment: Europe’s struggle to understand energy economics

Envirotec Magazine

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. But as soon as demand outstrips the capacity of these low-cost producers, prices jump to the price bid by gas-fired generators, which depends largely on the price of natural gas.

Energy 147
article thumbnail

The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

At the very least, utilities will need plans that can get them most of the way there, while rushing ahead with next-generation technologies: long-duration energy storage, small modular nuclear reactors or green hydrogen and methane to fuel natural gas peaker plants. Here's a look at the five largest U.S. Dominion Energy.

Carbon 246
article thumbnail

Ameren Missouri Looks to Harness Wind, Solar and Batteries With $7.6B ‘Smart Energy Plan’

GreenTechMedia

The plan also includes rolling out networked electric and gas meters from Landis+Gyr , the first big advanced metering infrastructure deployment in the state. Ameren has experience with smart meters and other smart grid investments in Illinois, which mandated them nearly a decade ago. About half of Ameren Missouri’s existing 10.3-gigawatt

article thumbnail

The Risks in Biden’s Energy Plan

R-Squared Energy

nuclear power supplied another 8.0%. Renewables, including hydropower, just 8.7%. has seen a drastic decline in coal consumption over the past decade (but global coal consumption has risen) as it has been displaced in the power sector by natural gas primarily, as well as renewables. of our energy in the U.S.;