article thumbnail

Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

article thumbnail

Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Can EDF Make Big Money in Small-Scale Renewables?

GreenTechMedia

The world’s leading nuclear power generator is betting big on a future of small-scale, distributed energy. Électricité de France operates 58 nuclear reactors in its home country and owns stakes in several U.S. nuclear plants that it's now moving to sell. — notably Shell, EDF and Enel.

article thumbnail

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. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.

article thumbnail

? Nuclear’s day in the sun #177

Climate Tech VC

The pledge also calls on international banks to include nuclear in energy lending policies to help finance project-killing infrastructure expenditures. Nuclear is having its moment in the sun. Last COP featured the conference’s first nuclear-themed pavilion, and this year boasted eight.