Energy Transition
2023, November, 22, 06:20:00
BLOCKCHAIN FOR ENERGY TRANSITION
Blockchain's ability to enable peer-to-peer (P2P) transactions and operate a decentralized marketplace can facilitate consumers to be the producers of energy.
2023, November, 17, 06:50:00
OIL PRICES 2023-24: $90 - $93
The Brent crude oil price will increase from an average of $90 per barrel (b) in the fourth quarter of 2023 to an average of $93/b in 2024.
2023, November, 17, 06:40:00
RUSSIAN ARCTIC NUCLEAR DECISION
The energy system for the remote region is a standalone one run by Norilsk-Taimyr Energy Company, part of the Norilsk Nickel group. The city of Norilsk is within the Arctic circle in Russia's north, and has a population of more than 170,000 people.
2023, November, 17, 06:35:00
EUROPEAN NUCLEAR SMR
The Commission set up a European SMR pre-Partnership in June with the overall objective of identifying enabling conditions and constraints, including financial ones, towards safe design, construction and operation of SMRs in Europe in the next decade and beyond in compliance with the EU legislative framework in general and to the Euratom legislative framework in particular.
2023, November, 17, 06:20:00
THE NEW NUCLEAR DECISIONS FOR CLIMATE
Many oil and gas, drilling, and extraction operations take place in remote locations, and in many cases, it is not possible for these processes to be fuelled by electricity from the grid. It is here that microreactors (MRs) or small modular reactors (SMRs) could provide a low carbon alternative.
2023, November, 17, 06:10:00
U.S. ENERGY RESILIENCY
A total of $3.5 billion will flow to 58 projects selected in 44 different states for funding. All the named projects are designed to make energy infrastructure climate-proof. Anticipated results include expanding clean energy suppliers, microgrid investments, and significantly increasing gigawatts of renewable energy capacity.
2023, November, 17, 06:05:00
U.S. EXISTENTIAL ENERGY
Addressing electric transmission capacity constraints and congestion is an existential necessity to maintain grid reliability while meeting demand.
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, 06:50:00
OIL PRICES 2023-24: $84 - $95
The Brent spot price increasing to average $95 per barrel (b) in 2024.