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

Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

article thumbnail

Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

Managing power grid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Under the law, Dominion Virginia and the smaller Appalachian Power Co. must supply 30 percent of their power from renewables by 2030, and Dominion must close all carbon-emitting power plants by 2045. Retreat from natural gas not enough for environmental advocates.

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.

Hydrogen 130
article thumbnail

New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

The ninth edition of the Sustainable Energy in America Factbook tells the story of American energy efficiency, natural gas and renewable energy in a volatile year. Figure 2 shows that natural gas and renewable generation continued to expand their share of the resource mix. power in 2020. A record 33.6

article thumbnail

MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added. Another study led by Princeton University released last month, which charts a $2.5 trillion pathway to a zero-carbon U.S.

article thumbnail

Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Utility-scale solar power is already cost-competitive against coal-fired power across the world and with natural-gas-fired power in many markets. More states should be emboldened to join ranks with states that have adopted ambitious offshore wind mandates to support decarbonization of their power grids."

Packaging 130