China’s sharp 80% drop in new coal power approvals in the first half of 2024 is a promising sign, but challenges remain. With coal still supplying over 60% of the country's electricity, the transition to renewable energy must accelerate. It’s crucial that China focuses on better integrating wind and solar into its grid and expanding nuclear power to meet carbon reduction targets. The world is watching to see if this signals a real turning point or a temporary slowdown. #Sustainability #EnergyTransition #ClimateChange https://lnkd.in/eGqk3-YX
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We cannot power the twenty-first century with energy portfolios from the nineteenth century. Nuclear must be heralded in to meet our demands and pivot from fossils, which are destroying the air, water, and land we need to live. [Renewable energy is growing faster than expected. But surging demand for power is sucking up much of that additional capacity and forcing utilities to burn fossil fuels, including coal, for longer than expected. With greenhouse-gas emissions continuing at record levels, scientists expect floods and heat waves to get worse. This year is on track to be the hottest on record.]
America’s Ambitious Climate Plan Is Faltering
wsj.com
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BloombergNEF's New Energy Outlook 2024 emphasizes the critical role of clean technologies in limiting global warming to below two degrees Celsius. The report presents two climate scenarios: the Net Zero Scenario (NZS) and the Economic Transition Scenario (ETS). The NZS, aiming for a 67% chance of limiting warming to 1.75 degrees Celsius, predicts a peak and rapid decline in fossil fuel demand starting in 2025, with a significant expansion of renewable energy, electric vehicles, carbon capture, and nuclear power by 2030. The ETS, driven by economic competitiveness and consumer choice, projects renewable energy, particularly solar and wind, to constitute 51% of global power generation by 2030 and 70% by 2050, supported by advanced energy storage and flexible power systems. David Hostert, lead author, stresses the urgent need for immediate emission reductions to keep the net zero by mid-century goal achievable. Cleaning up the power sector is vital, potentially avoiding half of the emissions by 2050 compared to a no-transition scenario. https://lnkd.in/etgN3VAk #Bloomberg #EnergyTransition #OdinGlobal
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𝗧𝗼𝗱𝗮𝘆'𝘀 𝘁𝗼𝗽 𝗻𝗲𝘄𝘀 𝗶𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝗮𝗻𝗱 𝗰𝗹𝗶𝗺𝗮𝘁𝗲🗞️🌱 Catch up on today’s most significant updates in energy and climate. Here are the top trending news stories for today: 🛢️ 𝗧𝗲𝗰𝗵 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘄𝗮𝗻𝘁𝘀 𝘁𝗼 𝗹𝗼𝗰𝗸 𝘂𝗽 𝗻𝘂𝗰𝗹𝗲𝗮𝗿 𝗽𝗼𝘄𝗲𝗿 𝗳𝗼𝗿 𝗔𝗜 The tech industry is increasingly looking to secure nuclear power to support the energy-intensive demands of artificial intelligence. This move underscores the growing intersection between advanced technology and sustainable energy solutions. Read on: https://lnkd.in/eeYxfKBe 🌍 𝗙𝗿𝗮𝗻𝗰𝗲, 𝗡𝗼𝗿𝘄𝗮𝘆, 𝗨𝗞: 𝘄𝗵𝗶𝗰𝗵 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝗮𝗿𝗲 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗹𝗼𝗮𝘁𝗶𝗻𝗴 𝗼𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝘄𝗶𝗻𝗱 𝗿𝗮𝗰𝗲? France, Norway, and the UK are emerging as leaders in the floating offshore wind sector. This renewable energy technology is crucial for harnessing wind power in deeper waters, where traditional fixed turbines are not feasible. Read on: https://lnkd.in/eh8z_df2 🛢️ 𝗡𝗼𝗿𝘁𝗵 𝗦𝗲𝗮 𝘁𝗮𝘅 𝗿𝗲𝗴𝗶𝗺𝗲 𝗮𝘀 𝗰𝗼𝗺𝗽𝗹𝗲𝘅 𝗮𝘀 𝗮 ‘𝘄𝗮𝗿 𝘇𝗼𝗻𝗲,’ 𝘄𝗮𝗿𝗻𝘀 𝗼𝗶𝗹 𝗴𝗿𝗼𝘂𝗽 The North Sea tax regime's complexity is likened to a "war zone" by oil industry representatives. This intricate system poses significant challenges for oil companies operating in the region. Read on: https://lnkd.in/eNhw_b8V 🌍 𝗘𝗨 𝗰𝗮𝗿𝗯𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝘁𝗼 𝗿𝗮𝗶𝘀𝗲 𝗱𝗶𝗲𝘀𝗲𝗹 𝗽𝗿𝗶𝗰𝗲𝘀 The expansion of the EU carbon market is expected to drive up diesel prices. This development highlights the broader economic impacts of stringent carbon pricing policies aimed at reducing emissions. Read on: https://lnkd.in/eztUhj7C ⚖️ 𝗨𝗦 𝗦𝘂𝗽𝗿𝗲𝗺𝗲 𝗖𝗼𝘂𝗿𝘁 𝗼𝘃𝗲𝗿𝗿𝘂𝗹𝗲𝘀 𝗖𝗵𝗲𝘃𝗿𝗼𝗻 𝗱𝗼𝗰𝘁𝗿𝗶𝗻𝗲, 𝗶𝗺𝗽𝗲𝗿𝗶𝗹𝗶𝗻𝗴 𝗮𝗻 𝗮𝗿𝗿𝗮𝘆 𝗼𝗳 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗿𝘂𝗹𝗲𝘀 The US Supreme Court's decision to overrule the Chevron doctrine threatens to undermine a wide range of federal regulations. This landmark ruling could have significant implications for environmental and other regulatory policies. Read on: https://lnkd.in/eNDe23bZ 🏝️ 𝗧𝗵𝗲𝘀𝗲 𝗨𝗦 𝗰𝗶𝘁𝗶𝗲𝘀 𝗰𝗹𝗮𝗶𝗺 𝘁𝗼 𝗯𝗲 '𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗵𝗮𝘃𝗲𝗻𝘀' Several US cities are branding themselves as "climate havens," positioning themselves as safer and more resilient places to live amidst the increasing impacts of climate change. Read on: https://lnkd.in/eD-3dgGs Stay informed with our newsletter: illuminem.com/newsletter #TrendingNews #Sustainability #Energy #ClimateChange #RenewableEnergy #CarbonPricing #NuclearPower #OffshoreWind #ClimateHavens
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Gas is the best BRIDGE transition to nuclear power. 1. Coal-to-gas transition responsible for almost 2/3 of all reductions in CO2 emissions from US electricity generation. 2. Methane leakage reduces that positive effect, yet can be better controlled. https://lnkd.in/euf6rVUB
The Gas Bridge Revisited
thebreakthrough.org
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Is there one energy outlook report to rule them all? Maybe not, but the ‘𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐧𝐞𝐫𝐠𝐲 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟐𝟒: 𝐏𝐞𝐚𝐤𝐬 𝐨𝐫 𝐏𝐥𝐚𝐭𝐞𝐚𝐮𝐬?’ (https://lnkd.in/eacvvqST) published by Resources for the Future (RFF) is somewhat unique. Taking into account 16 different scenarios of the future energy landscape from 8 reports published in 2023 along with 2 historical sources, the RFF’s report compares different projections and identifies key trends in global #energy #consumption, #emissions, and #geopolitics: 🔹Although the peak of fossil fuels consumption is expected to happen before 2030, many scenarios predict that consumption will remain high through 2050 🔹Even though carbon dioxide removal technologies are controversial, every scenario uses them to limit global warming to 1.5°C or 2°C by 2100 🔹Demand for energy-related materials and minerals is expected to grow rapidly 🔹COP28’s pledge to triple nuclear energy capacity by 2050 is challenging, requiring growth rates from the 1980s 🔹China's revised energy demand and new policies indicate lower coal use and carbon dioxide emissions In addition to the report, a handy interactive tool is available to look and compare the graphs for different scenarios and sources: https://lnkd.in/eajSWaVY Which scenario do you believe is the most realistic for achieving a sustainable energy future, and why? Let us know in the comments! #GlobalEnergyOutlook #EnergyFuture #SustainableEnergy #EnergyTransition #EnergyConsumption #CarbonEmissions #Geopolitics #FossilFuels #RenewableEnergy #EnergyScenarios #ClimateChange #CleanEnergy #EnergyTrends #NuclearEnergy #MineralDemand #EnergyPolicy #COP28 #EnergyReports
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The End of UK Coal Power: A Major Milestone, But More Work to Be Done This Monday, 30th September, the UK will make history by closing its last coal-powered station, becoming the first G7 nation to phase out coal power. 🌍👏 This is a huge win in the fight against climate change, with the closure marking a critical step towards reducing global warming. But here's the catch: the 2GW capacity (enough to power 2 million homes) we're phasing out is dwarfed by the energy wasted from our nuclear plants at night. It was recently reported at a Chartered Institute of Building event that the National Grid is spending millions on facilities to waste 60% of the 5.9GW nuclear capacity because there's no demand. Instead of investing in energy storage, we're wasting that power as heat, ironically contributing to global warming. 😔 Critics say there's not enough capacity to electrify the UK. While that's true if everyone uses energy during the day, there’s a better solution: we can schedule EV charging, heat pumps, and other uses to the night, unlocking capacity for up to 3.5 million homes to go carbon-free. What we need to do now: Housebuilders need to stop installing gas boilers by default—it's time for green homes from the ground up! Collective buying schemes should be established to make the switch from gas more affordable for homeowners. The government should uncouple the cost of electricity from gas, making electricity cheaper and encouraging more people to switch to greener alternatives. The coal phase-out is a great win, but it’s just the beginning. To truly decarbonise the UK, we need smart policy, better storage solutions, and coordinated efforts across industries. Let's keep pushing!
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The Romanian Energy Strategy 2035, with a horizon of 2050, could be adopted this week, by Government decision, this being correlated with the National Integrated Energy and Climate Change Plan (PNIESC), a document that Romania has assumed at the European level, said on Tuesday the relevant minister, Sebastian Burduja, during a specialized conference.... #NationalIntegratedEnergyandClimateChangePlan(PNIESC) #SebastianBurduja #TheRomanianEnergyStrategy2035
Romania’s energy strategy could be adopted this week
energynomics.ro
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An excellent article! "If we were serious about leading the way into a utopian, high-energy, low-emissions-fuelled world, we’d make nuclear a priority — while continuing to extract fossil fuels as long as we need them.We could export relatively clean-burning natural gas, as Germany, Greece, Poland, Japan and Korea have asked, and we could continue being an ethical source of uranium. We could contribute to the end of coal use worldwide — currently the source of 40 per cent of global electricity — which remains a major fuel in the developing world in particular. To make it happen in a workable timeframe, we could expedite the gruelling process it takes to get such ideas off the ground.Canada’s climate story should be one of hope and achievement, not one of shame and disdain. The way forward is up and out, not through economic kneecapping and nickel-and-diming. As long as humans need energy, we should take pride in providing it." https://lnkd.in/enZ4qMzt
NP View: Save the planet with Canadian oil and gas
nationalpost.com
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Power Grab: The Wall Street Journal highlights how #ai's power demands are slowing the U.S. clean energy transition. How does the accelerated EV push impact power demand/supply? Back on my soapbox - Office of Nuclear Energy, U.S. Department of Energy US DOE - where is the comprehensive national energy plan, including a complete picture of demand (AI, EVs, etc.), supply (all forms), and grid upgrades/improvements needed to ensure U.S. economic growth? https://lnkd.in/eZKs5kN6
America’s Ambitious Climate Plan Is Faltering
wsj.com
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New York to the brink of energy disaster. New York’s Independent System Operator reports even a minor heatwave could cause major disruptions, leaving over a million homes in the dark. This is a direct result of bad energy policy being implemented today that will lead to blackouts tomorrow. As we expand wind & solar we also need #PermanentPower like natural gas and nuclear to ensure a stable, reliable grid. It’s time to prioritize policies that provide energy choices that ensure affordable, reliable, and environmentally responsible energy. #EnergySecurity #ReliablePower #ProConsumerPolicies
Thank green fanatics for New York’s looming summer blackouts
nypost.com
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