Czechia, historically a strongly industrial country, has shaped its energy sector. The energy mix has significantly diversified, with the highest share still coming from fossil fuels. The integration of nuclear energy, following the construction of the first nuclear power plant in the 1980s, has led to a halving of CO2 emissions, a significant environmental achievement. Notably, there has been a substantial increase in energy generation from renewable sources, a commendable achievement for Czechia, with this value more than doubling in the past 15 years. Read more https://lnkd.in/dw2uwfrK #Statista
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Only 18% of our total power comes from non-fossil fuels, highlighting the work ahead to achieve Net Zero by 2025 to 2050. To navigate this path, natural gas and nuclear energy are scalable and reliable options. While nuclear offers a low total carbon footprint, it requires decades to implement. States and provinces in North America are already taking steps towards this transition. How can we ensure natural gas reaches coal-reliant regions, reducing energy carbon intensity during this time? More about global energy production trends in the link: https://lnkd.in/gpcZZsnH
Charted: What Powered the World in 2023?
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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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By the end of the decade, Germany wants green power to account for 80 per cent of its energy mix. So the country has ditched nuclear power and aims to abandon most of its coal generation, using its remaining gas plants mostly for grid backup.
Germany increases energy from renewable sources to 55%
thenationalnews.com
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"The rapid growth of renewables and a steady expansion of nuclear power are together on course to match all the increase in global electricity demand over the next three years" - says the International Energy Agency (IEA) Low-emissions sources made up just shy of 40% of the planet’s electricity generation in 2023, but that is expected to increase to nearly half by 2026. While this is no excuse for complacency, its important to recognise that the investment in Renewables is paying off and we are on target to meet global demand. Good news! https://ow.ly/FURU50QAZAG #RenewableEnergy #NetZero #EnergyTransition
Green energy is set to match the world's growing electricity demand - IEA report
weforum.org
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📈 Just in time for #WindEurope2024 - a new milestone for wind energy. The EU Agency for the Cooperation of Energy Regulators (ACER) published new data on electricity generation in the EU in 2023. For the first time wind energy generated more electricity than coal and gas. 🙌 #Windenergy is set to be at least 50% of all #electricity generated in the EU by 2050. And it is quickly climbing the ranks. The biggest sources of electricity generation in the EU now are: ➡🥇 Nuclear energy 🔼🥈 Wind energy 🔼🥉 Hydro power 🔽 Gas 🔽 Coal ➡ Solar ➡ Biomasse https://lnkd.in/eyxCvvNB Full ACER report: https://lnkd.in/eYAFHBqX
Wind becomes EU’s 2nd largest power source in 2023 – Acer
montelnews.com
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"In 2023, the U.S. electric power sector produced 4,017 billion kilowatthours (kWh) of electric power. Renewable sources—wind, solar, hydro, biomass, and geothermal—accounted for 22% of generation, or 874 billion kWh, last year. Annual renewable power generation surpassed nuclear generation for the first time in 2021 and coal generation for the first time in 2022." "In contrast to growing generation from renewables, we forecast that coal power generation will decline 18% from 665 billion kWh in 2023 to 548 billion kWh in 2025. We forecast natural gas will continue to be the largest source of U.S. electricity generation, with about 1,700 billion kWh of annual generation in 2024 and 2025, similar to last year. We expect nuclear power generation will stay relatively flat, rising from 776 billion kWh in 2023 to 797 billion kWh in 2025." #solarenergy #windenergy #energy #electricity #infrastructure #energytransition #energypolicy #resilency #reliability https://lnkd.in/eVfmNqXr
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Germany wants green power to account for 80% of its energy mix by 2030. It has ditched nuclear power and aims to abandon most of its coal generation and use its remaining gas plants mostly for grid back-up.
Renewable energy's share on German power grids reaches 55% in 2023
reuters.com
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Alternative energy refers to energy sources that have no undesired consequences such as fossil fuels or nuclear energy. They are renewable and are thought to be boundless energy sources. They all have lower carbon emissions, compared to conventional energy sources. There is a lot of energy that we can harness if we only seek to research and develop the technologies needed to do so. #alternativeenergy
#AlternativeEnergy - What is Alternative Energy #FrizeMedia
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Green Energy Sources Will Meet World’s Growing Electricity Demand for Next Three Years: IEA Report According to Electricity 2024, a new report from the International Energy Agency (IEA), electricity demand worldwide is expected to accelerate during the next three years, a press release from the IEA said. However, the additional demand is forecast to be covered by clean energy technologies. Nuclear power is on course to reach a record high […] The post Green Energy Sources Will Meet World’s Growing Electricity Demand for Next Three Years: IEA Report appeared first on EcoWatch .
Green Energy Sources Will Meet World's Growing Electricity Demand for Next Three Years: IEA Report - EcoWatch
ecowatch.com
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As gas prices remain high and will likely continue to do so for the time being, nuclear energy could be making a comeback. In addition, more and more countries realize the lack of #renewableenergy storage when compared to increasing demand and are trying to work on battery availability. Lastly, clean or green hydrogen could be the way to go for #carbonreductionprograms. Learn more here ➡️ https://hubs.ly/Q02dnnhq0
Understanding the Latest Trends in the Global Energy Industry | Entrepreneur
entrepreneur.com
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