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EIB finances grid upgrades across Germany

Smart Energy International

On the back of approving €805 million in clean energy financing, the European Investment Bank (EIB) is lending €400 million ($425.2 million) to municipal energy supplier Thüringer Energie AG (TEAG) to upgrade and digitise the electricity grid in Thuringia, Germany. million). The financing forms part of a larger, €4.3 billion ($4.6

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As Canada builds a net-zero electricity grid, good decisions must start with good data 

Clean Energy Canada

Even without carbon pricing, wind power is set to be 40 per cent cheaper than gas-fired power in Alberta and Ontario by 2030. For starters, Alberta and Ontario are in the midst of transforming their power grids. Governments and power authorities must act to make it a reality.

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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.

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Duke Energy Lays Out Its Long-Term Clean Energy Pathways — and Price Tags

GreenTechMedia

That’s how much additional capacity Duke expects to need in the next 15 years to make up for the retirement of its coal-fired power plant fleet and aging natural-gas plants. All of the scenarios are less reliant on wind power, which plays little role in the Southeastern U.S. billion and nearly $9 billion.

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How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

GreenTechMedia

Some of those pathways move more dramatically toward closing coal plants or halting new natural gas power plants. Others rely on options like offshore wind that are untested in the U.S., or next-generation modular nuclear reactors which have yet to be proven in any market.

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Media brief: The impact of clean stimulus measures on the U.S. economy following the 2008 downturn

Clean Energy Canada

Following this, wind and solar were some the fastest-growing industries in the U.S. Investment in and viability of key clean technologies. including California and Texas, solar and wind power is cheaper than natural gas and coal. wind generation has tripled and solar generation has increased over 80 times.

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Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

GreenTechMedia

homes and commercial buildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs. Shifting heating from fossil fuels to electricity can cut direct emissions.