Energy Transition
2023, November, 17, 06:00:00
BRITAIN RENEWABLES PRICES UP
The ceiling for bids from offshore wind companies in the next auction round is likely to be considerably more than this year’s £44 ($54) of guaranteed revenue per megawatt-hour of power produced, according to people familiar with the matter.
2023, November, 3, 06:25:00
U.S. FOSSIL FUELS CHOICE
In the United States last year, according to the Energy Information Administration, natural gas accounted for 39.9 percent of electricity production; coal, 19.7 percent; nuclear, 18.2 percent; and renewables, the rest, although these are coming on fast.
2023, November, 3, 06:15:00
U.S. CLEAN ENERGY WILL UP
Funding and support are abundantly available for clean energy projects in America. The federal government has allocated billions in funding to incentivize Americans to move to clean energy.
2023, October, 27, 06:40:00
U.S. ENERGY SAVINGS $18.5 BLN
Partnering entities, including more than 900 businesses, state and local governments, utilities, housing authorities, and other public and private organizations, to date have collectively saved $18.5 billion through efficiency improvements and cut harmful carbon dioxide emissions by nearly 190 million metric tons— an amount roughly equivalent to combined annual emissions of 24 million homes.
2023, October, 27, 06:25:00
VAST SUBSIDIES FOR GREEN HYDROGEN
To reduce CO2 emissions, world leaders call for heavy industry to switch from natural gas and coal to hydrogen fuel. When hydrogen burns, the only combustion product is water vapor.
2023, October, 27, 06:20:00
U.S. MICROGRIDS INVESTMENT UP
This month, the California Public Utilities Commission announced $200 million for utilities to invest in multi-customer microgrids.
2023, October, 27, 06:15:00
SMART CITIES FOR PEOPLE
The definition of a Smart City is “a municipality that uses information and communication technologies to increase operational efficiency, share information and improve both the quality of government services and citizen welfare.”
2023, October, 13, 06:55:00
СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО РОССИИ, ИНДИИ, КИТАЯ
«Китай и Индия – стратегические партнёры России в части выстраивания нового, справедливого энергорынка и торговой инфраструктуры. Реализуются совместные инвестиционные проекты на территориях обеих стран. Прорабатываются или уже имеются планы по расширению трубопроводных мощностей по доставке нефти и газа из России в Китай», – заявил Николай Шульгинов.
2023, October, 13, 06:50:00
OIL PRICES 2023-24: $84 - $95
The Brent spot price increasing to average $95 per barrel (b) in 2024.
2023, October, 13, 06:45:00
GLOBAL NUCLEAR ENERGY IS A KEY
Besides climate change, amid today’s geopolitical challenges, countries increasingly recognize that nuclear energy is a key contributor to the security of energy supply.
2023, October, 6, 06:45:00
GLOBAL NUCLEAR EXTENSION
"Building on the collaboration in April in Sapporo, Japan, during the G7 Climate, Energy and Environment Ministers meeting and Business Forum, we stand ready to work together with policymakers to rebuild leadership in nuclear energy within OECD countries and to cooperate with other like-minded nations as they seek to meet their climate and energy security goals."
2023, October, 6, 06:35:00
U.S. ENERGY SAVINGS $24.8 BLN
DOE expects these standards to cumulatively save consumers $24.8 billion on their energy bills over 30 years and cut harmful carbon and methane emissions that fuel the climate crisis.
2023, October, 6, 06:30:00
TEXAS NEED ENERGY
The Electric Reliability Council of Texas estimates that there is an almost 20% probability that the state grid will enter into an energy emergency alert, or EEA, if there is a repeat of last year’s December storm. Procuring 3,000 megawatts will cut that probability to less than 10%.
2023, October, 6, 06:25:00
UAE CLEAN ENERGY 15.6%
Over the past 15 years, the UAE has invested over US$40 billion in clean energy projects, Al Mazrouei went on to say, adding that this figure is likely to range between $150-200 billion through 2030 to ensure that the UAE's energy demand is met and maintain the sustainable growth of the country's economy.
2023, October, 2, 06:55:00
BRITAIN'S ENERGY CHALLENGES
“Any sudden changes to LNG supply or demand in Asia or the Americas could easily have a domino effect into Britain and Europe.”