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Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. Those ideas now begin their journey into law, offering the energy sector some welcome certainty at the same time. the Saudi Arabia of wind power.

Carbon 130
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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. Under the law, Dominion Virginia and the smaller Appalachian Power Co.

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Renewables are 87% of new U.S. generating capacity so far this year

Renewable Energy World

available installed generating capacity – a share significantly greater than that of coal (18.88%) and more than three times that of nuclear power (8.32%). “And this growth can only accelerate if recent COP26 commitments are kept and the proposed federal Build Back Better legislation is enacted into law.”

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Subsidies to biomass plant in Teesside must be stopped says environmental coalition

Envirotec Magazine

By comparison, the CfD awarded to Hinkley Point C nuclear power station is £106.12/MWh. The most recent CfD auction for offshore wind resulted in a strike price of £46/MWh – one-third of the cost of the MGT Teesside’s award in today’s prices. MWh at current rates.

Carbon 130
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European merit order energy trading: Obsolete?

Smart Energy International

The offers of nuclear power, coal and gas come next. The energy producers offer the capacity of their power plants in the daily auctions for their marginal costs. A recent example of such an effect is the increased feed-in of renewable energy sources (photovoltaics, wind energy, biomass).

Energy 52
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European merit order energy trading: Obsolete?

Smart Energy International

The offers of nuclear power, coal and gas come next. The energy producers offer the capacity of their power plants in the daily auctions for their marginal costs. A recent example of such an effect is the increased feed-in of renewable energy sources (photovoltaics, wind energy, biomass).

Energy 52
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Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

The move - which would form part of the EU's proposed new climate law to deliver net zero emissions by 2050 across the continent - marks a significant jump from the existing 2030 goal to reduce greenhouse gases by 40 per cent, and would need approval by a majority of the 27 EU Member States as well as the European Parliament to come into force.