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UK’s National Grid proposes £58bn network upgrade plan

Smart Energy International

billion) of further, direct investment into electricity networks to facilitate the connection of clean assets and renewable energy sources. National Grid forecasts a 64% growth in power demand to 2035, the UK’s target for net zero. National Grid ESO has released a network upgrade plan, calling for £58 billion ($73.6

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Examining the Limits of ‘Energy Return on Investment’

GreenTechMedia

At the heart of this debate is one of the most important physical metrics you’ve never heard of: energy return on investment, or EROI. Hall and others, the basic principle behind EROI, also called energy returned on energy invested, is simple: A source of energy is only useful if you can get more energy out of it than what you put in.

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EIB invests nearly half a billion euros in major German grid expansion plan

Smart Energy International

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity transmission corridor — the Ostbayernring — connecting Redwitz to Schwandorf in the south-east of Germany.

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South Korea announces ambitious 8.2GW wind complex

Renewable Energy World

South Korea’s President Moon Jae-in oversaw the signing of the agreement to build the offshore wind complex in the country’s southwest. President Moon Jae-in at Investment Agreement Signing Ceremony, courtesy: Office of the President. This immense amount of electricity can meet the needs of every household in Seoul and Incheon.

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New Jersey to Build Nation’s Largest Offshore Wind Port

GreenTechMedia

The New Jersey Wind Port, which is unlike anything yet revealed in the U.S., could grow to more than 150 acres and cost as much as $400 million to build, as the state looks to accommodate manufacturers of blades, nacelles and the other huge components that go into offshore wind farms. gigawatt Ocean Wind project to Orsted.

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Midwestern Utility Evergy Pledges Carbon Cuts in Line With Paris Accord

GreenTechMedia

Since 2005, Evergy has reduced the share of coal-fired power in its 6.2-gigawatt At the same time, it increased its share of renewables from less than 1 percent to roughly 27 percent, almost entirely wind power, with nearly 3.9 gigawatts of nameplate capacity as of 2020. Similarly, Xcel Energy, which serves about 3.3

Carbon 130
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Powering into the Future? UK nuclear strategy after Hitachi

Business Green

The government must rebalance nuclear's place in the energy portfolio and bring the public onside while there is still time, argues Bright Blue's Andrew Leming. Hitachi's withdrawal from proposed nuclear power sites in Anglesey and Oldbury last month dealt a sharp blow to the government's net zero emissions strategy.