Over $8 Billion Available Through Prizes, Private Capital, and a Conditional Loan Commitment Will Expand Access to Cheaper, Cleaner Energy for American Families and Deploy Solar Power to Underrepresented Communities

In the first quarter of 2023, the Government Pension Fund Global returned 5.9 percent, equivalent to 893 billion kroner.

Power Grid Corporation of India Limited (PGCIL) recently obtained approval to invest Rs.803 crore for electricity transmission projects in India.

China will boost economic relations with France and enhance business cooperation in both traditional sectors such as aviation, nuclear energy and high-end consumption and emerging areas such as medicine and new energy.

Hungary has said it intends to press ahead with its plans for a new Russian-built nuclear power plant at Paks II, despite the Russian war with Ukraine and the European Union (EU) imposition of a range of sanctions against Russia.

The statement was signed in Seoul on 10 April by British Energy Security Secretary Grant Shapps and South Korean Trade, Industry and Energy Minister Lee Chang-yang.

In 2023, global gas consumption is forecasted to increase by around 1% y-o-y,

There is sufficient energy in nuclear 'waste' to run Europe at current electrical power consumption" for between 600 and 1000 years.

The El Dabaa NPP will comprise four units with generation III+ VVER-1200 pressurised water reactors. The NPP is being constructed in accordance with and contracts that entered into force in 2017. The $30bn project is mainly financed through a $25bn Russian loan.

Offshore wind is rapidly growing around the world, becoming a central part of international decarbonization and a vital part of coastal economies, and the domestic potential to harness offshore wind is now emerging.

Canada and the USA will “coordinate efforts to develop secure and reliable North American nuclear fuel supply chains and build broader partnerships with longstanding allies and partners, both of which will help to ensure access to low enriched uranium, including High-Assay Low Enriched Uranium”.

A cumulative USD 150 trillion is required to realise the 1.5°C target by 2050, averaging over USD 5 trillion in annual terms.

Two camps, one led by Germany and the other by France, are fighting it out, each with a blocking minority on a specific point: Should low-carbon hydrogen be taken into account when measuring the efforts of member states to reach the target of 45% of renewables in their energy mix by 2030?

The key is reliable and independent data flows and communications between smart meters and the whole interconnected world of the smart electric utility of the future.

Renewable generation capacity increased by 295 GW (+9.6%) in 2022. Solar energy continued to lead capacity expansion, with a massive increase of 192 GW (+22%), followed by wind energy with 75 GW (+9%). Renewable hydropower capacity increased by 21 GW (+2%) and bioenergy by 8 GW (+5%). Geothermal energy increased by a very modest 181 MW.