Tag #Energy Security

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cbsnews.com

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Dec 18, 19:12

Global Coal Use to Hit Record High in 2024

The International Energy Agency (IEA) reported that global coal use will reach a record high of 8.77 billion tons in 2024, driven mainly by China's increased electricity demand, despite commitments to reduce fossil fuels and warnings about catastrophic climate impacts.

Global Coal Use to Hit Record High in 2024

The International Energy Agency (IEA) reported that global coal use will reach a record high of 8.77 billion tons in 2024, driven mainly by China's increased electricity demand, despite commitments to reduce fossil fuels and warnings about catastrophic climate impacts.

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What are the primary factors driving the record-high global coal consumption in 2024, and what are the immediate implications for climate change efforts?

Global coal consumption is projected to reach a record high of 8.77 billion tons in 2024, exceeding previous years and defying calls to reduce fossil fuel use. This increase is primarily driven by China's surging electricity demand, which accounts for over one-third of global coal consumption.

smh.com.au

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Dec 18, 04:08

BP and Shell Retreat from Renewable Energy Investments

BP and Shell are scaling back their renewable energy investments due to lower returns compared to fossil fuels, prioritizing shareholder value over aggressive climate targets, despite previously ambitious plans to reduce emissions. This shift comes as US oil companies outperform European counterpart...

BP and Shell Retreat from Renewable Energy Investments

BP and Shell are scaling back their renewable energy investments due to lower returns compared to fossil fuels, prioritizing shareholder value over aggressive climate targets, despite previously ambitious plans to reduce emissions. This shift comes as US oil companies outperform European counterpart...

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What factors are driving BP and Shell's retreat from renewable energy investments, and what are the immediate consequences for their climate targets?

BP and Shell, having invested heavily in renewables, are now scaling back their investments due to lower returns compared to fossil fuels. This retreat involves selling off wind assets and reducing emissions targets, prioritizing profitability over aggressive renewable energy expansion.

dailymail.co.uk

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Dec 18, 10:11

Powell Jobs: AI's Energy Demands Highlight Urgent Need for Sustainable Solutions

Laurene Powell Jobs' Emerson Collective annual letter highlights AI's transformative potential while emphasizing the urgent need for sustainable energy solutions to power its growth, showcasing innovators like Bob Mumgaard of Commonwealth Fusion Systems and Nicholas Flanders of Twelve whose work in ...

Powell Jobs: AI's Energy Demands Highlight Urgent Need for Sustainable Solutions

Laurene Powell Jobs' Emerson Collective annual letter highlights AI's transformative potential while emphasizing the urgent need for sustainable energy solutions to power its growth, showcasing innovators like Bob Mumgaard of Commonwealth Fusion Systems and Nicholas Flanders of Twelve whose work in ...

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How do the examples of Bob Mumgaard and Nicholas Flanders illustrate the interconnectedness of technological innovation and sustainable practices?

The letter connects AI's energy demands to broader issues of sustainability and innovation. Powell Jobs spotlights innovators like Bob Mumgaard (Commonwealth Fusion Systems) and Nicholas Flanders (Twelve), whose work in fusion energy and carbon transformation respectively, offers potential solutions to the looming energy crisis fueled by AI. These examples illustrate the interconnectedness of technological advancement and sustainable practices.

euronews.com

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Dec 18, 13:13

Carbon Capture's Rise: A Climate Solution or Delay Tactic?

Currently, 50 commercial CCS facilities capture only 0.1% of global CO2 emissions; however, its inclusion in global climate plans and significant lobbying efforts by the fossil fuel industry are driving a massive expansion despite concerns about its effectiveness as a climate solution.

Carbon Capture's Rise: A Climate Solution or Delay Tactic?

Currently, 50 commercial CCS facilities capture only 0.1% of global CO2 emissions; however, its inclusion in global climate plans and significant lobbying efforts by the fossil fuel industry are driving a massive expansion despite concerns about its effectiveness as a climate solution.

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How does the integration of CCS into hydrogen production and the EU's Industrial Carbon Management Strategy contribute to its resurgence, and what are the associated risks?

The increased focus on CCS is linked to the net-zero drive and government reliance on technological solutions rather than substantial emissions cuts. The IPCC's inclusion of CCS in reports lends legitimacy to the industry's claims, although scientists see a limited role for CCS in a 1.5°C pathway. The shift away from fossil gas and towards hydrogen, often produced with CCS, further fuels the industry's push for expansion.

lexpress.fr

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Dec 18, 16:15

Flamanville EPR Reactor to Connect to French Power Grid After 12-Year Delay

The Flamanville EPR nuclear reactor in France is scheduled to connect to the power grid on December 20, 2024, marking the end of a 12-year delay and a cost increase to 13.2 billion euros, four times the initial budget; it is expected to power around two million homes.

Flamanville EPR Reactor to Connect to French Power Grid After 12-Year Delay

The Flamanville EPR nuclear reactor in France is scheduled to connect to the power grid on December 20, 2024, marking the end of a 12-year delay and a cost increase to 13.2 billion euros, four times the initial budget; it is expected to power around two million homes.

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What broader implications does the Flamanville EPR project have for France's nuclear energy plans and the global nuclear power industry?

This connection signifies the culmination of a long and troubled project, highlighting the challenges of constructing next-generation nuclear reactors. The substantial cost overrun and delays underscore the complexities of such endeavors, impacting EDF's finances and potentially affecting future nuclear power plant projects.

news.sky.com

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Dec 18, 16:16

Global Coal Use to Hit Record High in 2024

Global coal demand is set to hit a record 8.77 billion tonnes in 2024, driven by increased demand in Asia, particularly in China and India, despite warnings about environmental damage. The IEA predicts this high level will continue for three years.

Global Coal Use to Hit Record High in 2024

Global coal demand is set to hit a record 8.77 billion tonnes in 2024, driven by increased demand in Asia, particularly in China and India, despite warnings about environmental damage. The IEA predicts this high level will continue for three years.

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What are the primary factors driving the unprecedented increase in global coal consumption in 2024, and what are the immediate consequences?

Global coal consumption is projected to reach a record 8.77 billion tonnes in 2024, driven by increased demand in Asia, particularly China and India. This surge in coal use, despite environmental concerns, is expected to persist for the next three years.

abcnews.go.com

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Dec 18, 01:09

LNG Export Study Shows Increased Costs, Emissions

A new Energy Department study reveals that unrestrained LNG exports would raise U.S. household natural gas prices by over 30% by 2050 and worsen global greenhouse gas emissions; this contradicts Trump's plans to boost LNG exports, prompting environmental lawsuits.

LNG Export Study Shows Increased Costs, Emissions

A new Energy Department study reveals that unrestrained LNG exports would raise U.S. household natural gas prices by over 30% by 2050 and worsen global greenhouse gas emissions; this contradicts Trump's plans to boost LNG exports, prompting environmental lawsuits.

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What are the immediate economic and environmental consequences of unfettered LNG exports, according to the Energy Department's recent study?

The Energy Department released a study showing that unfettered LNG exports would increase domestic natural gas prices by over 30%, costing American households an additional $100 annually by 2050, and increase global greenhouse gas emissions. This has led to a pause on new LNG project approvals by the Biden administration, a move opposed by the oil and gas industry and incoming Trump administration.

zeit.de

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Dec 18, 10:11

One-Dyas Delays North Sea Gas Production Amid Permitting Issues

One-Dyas's North Sea gas production, initially slated for late 2024, is delayed due to permitting issues for a power cable connecting the platform to the Riffgat wind park, increasing Germany's reliance on non-EU gas imports while awaiting final legal decisions and intergovernmental agreements; envi...

One-Dyas Delays North Sea Gas Production Amid Permitting Issues

One-Dyas's North Sea gas production, initially slated for late 2024, is delayed due to permitting issues for a power cable connecting the platform to the Riffgat wind park, increasing Germany's reliance on non-EU gas imports while awaiting final legal decisions and intergovernmental agreements; envi...

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What are the key environmental and legal challenges hindering One-Dyas's project?

One-Dyas's delayed gas production highlights the complexities of offshore energy projects. Environmental concerns, legal challenges from environmental groups like the Deutsche Umwelthilfe, and the need for German-Dutch agreements underscore the intricate regulatory and political hurdles faced by such ventures. The dispute over the power cable's impact on marine life caused a court to halt its installation, pending further environmental assessments.

kathimerini.gr

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Dec 18, 10:11

HELLENiQ ENERGY to Consolidate Energy Assets, Aiming for IPO

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under a single entity, aiming for an IPO after divesting DEPA Trading; the plan involves integrating renewable energy sources, energy storage, and existing gas units to boost market share and offer competitive products, includin...

HELLENiQ ENERGY to Consolidate Energy Assets, Aiming for IPO

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under a single entity, aiming for an IPO after divesting DEPA Trading; the plan involves integrating renewable energy sources, energy storage, and existing gas units to boost market share and offer competitive products, includin...

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What is HELLENiQ ENERGY's plan for its energy sector, and what are the immediate implications?

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under one umbrella, aiming for an IPO. This follows the planned divestment of DEPA Trading, expected to finalize within the month. The resulting entity will be a fully vertically integrated green business model.

forbes.com

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Dec 18, 13:13

Repurposing Coal Plants: Battersea and Wallerawang Show the Way

The successful regeneration of London's Battersea Power Station and the planned transformation of Australia's Wallerawang coal power plant into a clean energy hub highlight the potential for repurposing large-scale industrial sites, overcoming challenges such as scale, record-keeping, and stakeholde...

Repurposing Coal Plants: Battersea and Wallerawang Show the Way

The successful regeneration of London's Battersea Power Station and the planned transformation of Australia's Wallerawang coal power plant into a clean energy hub highlight the potential for repurposing large-scale industrial sites, overcoming challenges such as scale, record-keeping, and stakeholde...

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Sustainable Cities and Communities

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What are the broader implications of repurposing former coal power stations for future energy transitions and urban development?

Repurposing former coal plants is crucial for a sustainable energy future. Challenges include the sheer scale of these projects and finding comprehensive historical records. However, successful projects like Battersea and Wallerawang demonstrate that engaging stakeholders and strategically utilizing existing infrastructure can lead to successful transitions.

cnbc.com

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Dec 18, 16:15

Oklo and Switch Partner to Deploy 12 Gigawatts of Nuclear Power by 2044

Oklo and Switch announced a non-binding framework agreement to deploy 12 gigawatts of power from approximately 240 small nuclear reactors by 2044, aiming to provide carbon-free electricity for Switch's data centers and marking a significant step in the adoption of microreactor technology.

Oklo and Switch Partner to Deploy 12 Gigawatts of Nuclear Power by 2044

Oklo and Switch announced a non-binding framework agreement to deploy 12 gigawatts of power from approximately 240 small nuclear reactors by 2044, aiming to provide carbon-free electricity for Switch's data centers and marking a significant step in the adoption of microreactor technology.

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What are the long-term implications of this partnership, and what potential risks or challenges could hinder its success?

The success of this project hinges on Oklo's ability to successfully deploy its first reactor by 2027 and subsequently scale production to meet the ambitious 12-gigawatt goal by 2044. This large-scale deployment of microreactors represents a potential shift in the nuclear power landscape, impacting both energy production and the development of data centers.

tass.com

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Dec 18, 16:16

Global Coal Demand Hits Record High in 2024

Global coal demand hit a record 8.77 billion tons in 2024, driven by power sector growth in China (4.9 billion tons) and India (1.3 billion tons), while the EU and US saw slower declines; production also hit a record high exceeding 9 billion tons.

Global Coal Demand Hits Record High in 2024

Global coal demand hit a record 8.77 billion tons in 2024, driven by power sector growth in China (4.9 billion tons) and India (1.3 billion tons), while the EU and US saw slower declines; production also hit a record high exceeding 9 billion tons.

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How do the differing trends in coal consumption between China, India, and the US/EU reflect broader economic and energy policy priorities?

Despite growth in renewable energy sources like solar and wind in China, rapidly increasing electricity demand, fueled by industrial electrification and emerging technologies, continues to drive coal consumption. India's coal demand also surged, highlighting the persistent reliance on coal in major developing economies.

Showing 3,217 to 3,228 of 3,871 results