City of Fort Worth Economic Development’s Post

The data highlights a turning point in the #energytransition journey. Battery storage is no longer a niche technology; it is becoming a mainstream solution for a clean and #sustainable energy future. Additionally, #batterystorage paired with #solar is becoming more competitive than traditional fuels, presenting an opportunity to support the development of domestic #batterymanufacturing capabilities. To reach #netzero, we need to supercharge this shift. International Energy Agency (IEA) The Global Energy Alliance for People and Planet (GEAPP)

🔈 Yesterday, our Head of US West, George Prassas, joined John Hensley to kick off the American Clean Power Association (ACP) RECHARGE: Energy Storage Summit! 🔋Energy storage is thought to be monumental in the energy transition, and the increasing interest in this technology is making it a captivating topic of conversation. If you would like to learn more about our expert insights in CAISO, please get in touch with Catharina Clark. #ACPRECHARGE24 #AuroraEnergyResearch #AuroraNORAM

The 2024 Energy Institute Statistical Review of World Energy is now live. For the first time, we unveil wide-ranging global energy data for 2023, a year marked by unprecedented highs and transformative shifts. Explore the data: https://social.kpmg/z21jcd #energytransition

The 2024 Energy Institute Statistical Review of World Energy is now live. For the first time, we unveil wide-ranging global energy data for 2023, a year marked by unprecedented highs and transformative shifts. Explore the data: https://social.kpmg/z21jcd #energytransition

The 73rd Statistical Review of World Energy, released yesterday, reports on global energy markets in 2023. Last year saw record-high energy demand, fossil fuel consumption, energy-related emissions reached all-time highs and renewable energy generation, particularly from solar and wind power, also achieved new records. Wind and solar combined were the most prominent new energy sources in 2023, increasing by 13% to 4,748 TWh. This impressive growth accounted for 8% of the overall energy consumption, up from 7.5% in 2022. Hydroelectric power production fell last year due to droughts in North America and China. All renewables energy, including hydroelectric, accounted for 15% of the worldwide energy mix. However, despite these gains, if we maintain the current level of renewable energy generation addition, we will not meet the COP28 target to triple global renewable energy generation to at least 11,000 GW by 2030. I invite you to explore the report and accompanying data set to understand the trends and join the conversation on shaping the energy transition. #EnergyTransition #COP28 #RenewableEnergy #Solar #WindPower

As the global #energy landscape undergoes its most significant shift in over a century, American Energy Storage Innovations, Inc. (AESI) is at the forefront, reshaping how they store and utilize #power. https://lnkd.in/d-k2i9XV

Europe saw fossil fuel usage drop below 70% for the first time since the industrial revolution. Is the energy transition on track? The Energy Institute's 73rd Statistical Review, in collaboration with KPMG, reveals record highs in global energy consumption and emissions for 2023. Download the full report and watch the launch webcast here: Statistical Review of World Energy - KPMG Global #Energytransition #Energy #KPMG #EU #funding #renewables #REPowerEU Richard Marcos - Gerard Campbell - Loek Helderman - Merijn Betjes - Nicole de Jager

The National Energy System Operator (NESO) represents a new era in energy system planning. How can this integrated approach unlock opportunities for innovation and collaboration within the industry? Let's discuss the potential benefits and challenges, share your thoughts in the comments. 👇 #FutureEnergy #GasIndustry

A new industry report commissioned by the US energy department concludes that #hydrogen can play a vital role in getting to #netzero. But the current policy framework will not be enough to support growth on the scale required. Read more on the future of energy and low-carbon technologies in this week's Energy Pulse article. https://okt.to/tRE59x

Learn more >> https://bit.ly/3NDL7lm Brattle Principal Bruce Tsuchida will discuss how grid-enhancing technologies can help the #energy transition at the Colorado Rural Electric Assn. Energy Innovations Summit.