Europe’s journey towards a cleaner energy future reached a significant milestone in the first half of 2024, with renewables accounting for over 50% of all power generation and nuclear energy maintaining a stable share of 24%. This remarkable achievement is highlighted in the latest data from Eurelectric’s Electricity Data Platform (ELDA). However, the challenge of low power demand persists, influenced by sluggish economic growth, deindustrialization, and mild weather conditions. Addressing this demand issue is crucial to sustaining investments in clean energy generation. Read More: https://lnkd.in/eQAJsz2N #cleanenergy #sustainable #eu #energy #nuclear
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What does renewables / clean energy production look like in your area of the US? I'm seeing the +40% growth of solar. If you've seen my past LinkedIn post, you know I promote nuclear as an important clean energy strategy moving forward. Based upon this report, US is lagging the rest of the world on embracing the nuclear clean energy strategy, which is a shame. Modern nuclear, specifically micro-nuclear technologies, is safe and generally adopted by other western countries as a core clean energy strategy.
2024 U.S. Clean Electricity Outlook
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The generation of clean electricity in Europe is setting records. In the first half of 2024, #renewables made up more than 50% of all power generation in Europe while nuclear provided a stable share of 24% - according to latest figures from the electricity data platform of Eurelectric
EU power generation decarbonising at unseen pace
pveurope.eu
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Sustainable solutions to your recruitment headaches ⚡️ Founder member of the UKGSA ~ UK Generating Set & CHP Association ⚡️
🌍🌱 European Power Generation Greener Than Ever! 🌱🌍 In the first half of 2024, Europe has achieved a remarkable milestone with over 50% of its electricity coming from renewable sources, complemented by a stable 24% from nuclear power. This surge in clean energy is a testament to the continent's accelerated decarbonization efforts, positioning it at the forefront of the global energy transition. However, with electricity demand declining due to economic factors, there's a pressing need for policies to boost demand and sustain investments in green energy. #powergeneration #news #electricity #greenenergy #power #decarbonisation #sustainableenergy #renewconsultancy Read more:
European power greener than ever
renews.biz
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California hit a record last week as battery storage became the biggest power provider in the state. Batteries beat out renewables, nuclear, natural gas, and other sources two evenings in the past week. It's the latest example of growing battery capacity in US power grids. Batteries briefly became the biggest source of power in California twice in the past week.
California briefly used batteries as its biggest source of power twice in the last week
yahoo.com
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Solar and wind overtake fossil fuels on the EU power grid ☀️🔋https://lnkd.in/evg5xdyb In a major milestone, the European Union generated more electricity from solar and wind than from fossil fuels in the first half of this year. A new report from think tank Ember shows that in the first six months of 2024, solar and wind rose to account for 30 percent of the region’s electricity generation, while fossil fuels slipped down to 27 percent. The Great Stranding of Coal, Oil & Gas: ⛽️For the last decade, mainstream analyses have significantly underestimated the levelized cost of electricity (LCOE) from conventional power plants. ⛽️Mainstream analysts assume these plants will be able to successfully sell the same quantity of electricity each year from now through 2040 and beyond. ⛽️This assumption has been false for at least ten years. ☀️The rates at which conventional power plants are utilized will continue to decrease as competitive pressure from near-zero marginal cost solar photovoltaic and onshore wind power, and battery energy storage continue to grow exponentially worldwide. Read RethinkX's 2021 Energy report The Great Stranding: https://lnkd.in/g6sgBx27 The Rise of Solar, Wind & Battery: ☀️Solar and wind are already the cheapest new generation options, and cost less than existing coal, gas, and nuclear power plants in many areas. 💸The cost of SWB systems will fall another 70% by 2030, making this disruption inevitable. 🔋When costs are optimized correctly according to our Clean Energy U-Curve, it becomes clear that 100% SWB systems are not only achievable but are in fact the cheapest available option for new power generation on a timeframe to 2030 – and in many cases will be less expensive than continuing to operate existing conventional power plants as well. Read RethinkX's 2020 Rethinking Energy report: https://lnkd.in/gyu9Gaye
Rethinking Energy 2020-2030 (2020) (English)
rethinkx.com
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UK's Energy Mix 🔥 🌍 In 2022, renewable and nuclear energy accounted for over 48.5% of all electricity generated in Great Britain, the second-highest proportion on record, with wind contributing 26.8%. The UK Government has set ambitious targets for offshore wind, aiming for 50GW by 2030. Recent changes in planning rules signal a potential shift for onshore wind development. Records continue to be broken in the clean power space. In 2023, the UK saw its highest year on record for zero carbon generation, with renewables playing a significant role. Read more about this at https://lnkd.in/e6Z3H5WE Join us in celebrating the UK's renewable energy revolution! Contact us at solutions@Renewable-Energi.com for your energy needs. 🌞🌬️💡 #RenewableEnergy #CleanPower #GreenEnergy #EnergyTransition
assets.publishing.service.gov.uk
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Thailand's🇹🇭 new Power Development Plan (#PDP) will be finalized in Q2 and will include increases in the share of #alternativeenergy in the energy mix, decommissioning of #fossilfuel power plants, and a proposal to build the first #nuclear plant. 👉https://lnkd.in/evKvDd9F 💬 While achieving 100% renewable energy use (#RE100) solely with #wind or #solar energy is nearly impossible due to their intermittency, in #Thailand, you will have the opportunity to overcome this situation 👉 https://lnkd.in/g2cbUBER
Thailand’s new power plan expected to be implemented by Q2 | NEWS | Reccessary
reccessary.com
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Yet more remarkable stats on how the EU got more than half its power from renewables in the first half of the year. With nuclear providing a further 24 per cent, gas and coal are looking more marginalised than ever before. Needs saying again and again that this transformation is happening at pace and scale. It is is affordable and technically possible, as well as essential to ensure energy security and drive down emissions. https://lnkd.in/en4fYQ26
Study: Renewables provided half EU's power generation in first half of 2024
businessgreen.com
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Analysis by US investment bank Lazard compares the cost of generating electricity from renewable technologies to conventional technologies, across various scenarios and sensitivities. Wind and solar less than 1/2 the cost of other options & also cheaper than Nuclear when paired with utility scale batteries! #electricity #generation -
Wind and solar power half the cost of coal and gas, one-third the cost of nuclear, says Lazard
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U.S. utilities are stepping up their clean energy game! According to the 2024 Annual Utility Decarbonization Report, leaders like NextEra Energy, Inc., Avangrid, and PSEG are going 100% carbon-free in their planned investments. It’s all about replacing fossil fuels with renewables and nuclear power to decarbonize the grid. #CleanEnergy #Decarbonization #Sustainability
Which U.S. Utilities Are Investing in Clean Energy the Most?
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