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Industry Exec: Data Centers Will Drive Demand for Natural Gas

POWER Magazine

An executive with the TC Energy, a group that is among the largest operators of natural gas pipelines in North America, said electricity demand from energy-intensive data centers will support […] The post Industry Exec: Data Centers Will Drive Demand for Natural Gas appeared first on POWER Magazine.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Natural gas and coal demand stayed nearly flat with oil rebounding close to pre-pandemic levels. Natural gas-fired power generation remained stable in 2022 with a share of around 23%.

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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.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. gigawatt reliability resources procurement between 2021 and 2023.

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Could nuclear hydrogen be a game changer worth trillions?

Hydrogen Fuel News

This step is viewed by many as a considerably cleaner option than the current conventional methods of H2 production in the United States, which use natural gas reforming in large central plants without any carbon emission mitigation. Why use nuclear energy to produce hydrogen? How is pink hydrogen made?

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

GreenTechMedia

And establishing high-voltage direct-current links between North America’s three macro-grids, the Eastern, Western and Texas interconnections, could cut average wholesale costs to just over $70 per megawatt-hour.