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Global solar capacity hits 2 TW on path to climate goal
Global solar capacity has reached a record 2 terawatts (TW) of capacity, with more added in the last two years than the previous 68 combined, exclusive data from the sector's global industry group shared with Reuters showed.
read more... 08/11/2024
Daily (07.11.2024): Energy markets experienced modest losses on Wednesday following U.S. election result favoring Trump
Oil prices inched down on Wednesday following Donald Trump's victory in the U.S. presidential election. Brent crude closed 0.8% lower at $74.92 per barrel, while WTI crude declined by 0.4%, ending the day at $71.69 per barrel.
read more... 07/11/2024
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‘Hybrid energy hubs could transform UK’s clean power transition’
Hybrid clean energy hubs, which combine multiple renewable energy sources such as battery storage, solar power and onshore wind, offer a promising solution to alleviate the UK’s grid connection bottlenecks, according to a recent report by Cornwall Insight.
read more... 07/11/2024
IEA calls for urgent action to double energy efficiency by 2030
The global push for energy efficiency is moving too slowly to meet the ambitious target set at last year’s COP28 conference, according to the International Energy Agency’s (IEA) Energy Efficiency 2024 report.
read more... 07/11/2024
Nuclear can be flexible source in fossil-free energy system
Seeing nuclear as a flexible energy source - producing electricity, hydrogen and heat with large-scale energy storage - rather than merely as a source of baseload power means it can complement the variability of renewables without the need for back-up natural gas power plants, a new report from the Dalton Nuclear Institute says.
read more... 07/11/2024