Tag #Energy Transition

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forbes.com

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Jan 2, 16:13

Natural Gas and Renewables: A Symbiotic Relationship in US Energy

The US energy sector shows a complex interplay between natural gas, which comprises 46% of the electricity portfolio, and renewables, the fastest-growing segment, showcasing a symbiotic relationship essential for achieving climate goals and economic stability, with challenges like methane leakage ne...

Natural Gas and Renewables: A Symbiotic Relationship in US Energy

The US energy sector shows a complex interplay between natural gas, which comprises 46% of the electricity portfolio, and renewables, the fastest-growing segment, showcasing a symbiotic relationship essential for achieving climate goals and economic stability, with challenges like methane leakage ne...

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What is the current role of natural gas in the US energy landscape, and how does it interact with the growth of renewable energy sources?

Natural gas currently comprises 46% of US electricity generation, replacing coal and enabling net energy exports. The fastest-growing energy sector is renewables, which complement natural gas by providing power when solar and wind are unavailable. This synergy allows for reliable electricity supply and reduces reliance on coal.

zeit.de

🌐 85% Global Worthiness

Dec 31, 04:07

RWE's Coal Phase-Out Hinges on 2025 Gas Plant Bids

RWE's planned 2030 coal phase-out is contingent upon securing bids for new gas power plants in 2025; otherwise, lignite plants will remain operational, delaying Germany's energy transition. CEO Markus Krebber advocates for increased gas power plant capacity and market-driven fuel mixes, criticizing ...

RWE's Coal Phase-Out Hinges on 2025 Gas Plant Bids

RWE's planned 2030 coal phase-out is contingent upon securing bids for new gas power plants in 2025; otherwise, lignite plants will remain operational, delaying Germany's energy transition. CEO Markus Krebber advocates for increased gas power plant capacity and market-driven fuel mixes, criticizing ...

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What are the immediate consequences if RWE does not secure bids for new gas power plants by 2025?

RWE, Germany's largest power producer, has made its planned 2030 coal phase-out contingent upon securing bids for new gas power plants in 2025. Failure to obtain these bids will necessitate extending the operation of lignite power plants and mines. This decision highlights the interconnectedness of Germany's energy transition.

nos.nl

🌐 75% Global Worthiness

Dec 29, 19:09

EU Carbon Price Drop Hampers Decarbonization Efforts

The price of carbon emissions under the EU's Emissions Trading System (ETS) has fallen to €71 per ton, hindering decarbonization efforts. This is due to reduced industrial production, increased renewable energy, and the EU's temporary release of extra emission allowances.

EU Carbon Price Drop Hampers Decarbonization Efforts

The price of carbon emissions under the EU's Emissions Trading System (ETS) has fallen to €71 per ton, hindering decarbonization efforts. This is due to reduced industrial production, increased renewable energy, and the EU's temporary release of extra emission allowances.

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Why is the EU's carbon price significantly lower than necessary to drive substantial decarbonization, and what are the immediate consequences?

The European Union's Emissions Trading System (ETS) currently prices carbon emissions at approximately €71 per ton, a price experts deem insufficient to incentivize substantial decarbonization. This price has fallen since last year due to factors including reduced European production, increased renewable energy, and the EU's release of extra emission allowances to address the energy crisis.

theglobeandmail.com

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Dec 27, 01:08

Canada's Oil and Gas Sector: Balancing Economic Needs with Emissions Reduction

Canada's oil and gas sector, contributing 5 percent to GDP but 31 percent of emissions, faces rising climate-related economic costs and stalled emissions reductions, necessitating regulations to ensure a clean energy future.

Canada's Oil and Gas Sector: Balancing Economic Needs with Emissions Reduction

Canada's oil and gas sector, contributing 5 percent to GDP but 31 percent of emissions, faces rising climate-related economic costs and stalled emissions reductions, necessitating regulations to ensure a clean energy future.

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What are the immediate economic and environmental consequences of Canada's continued high oil and gas emissions?

Canada's oil and gas sector contributes about 5 percent to the country's GDP but accounts for 31 percent of its emissions. The economic costs of climate-related disasters, exacerbated by these emissions, are rising significantly, exceeding $110 million for typical events today compared to roughly $8 million in the early 1970s.

abcnews.go.com

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Dec 27, 19:10

US Battery Storage Capacity Surges 71%, Reducing Reliance on Polluting Power Plants

US battery storage capacity increased by 71% in 2024, reaching 24 gigawatt-hours, significantly reducing reliance on polluting 'peaker' power plants and improving air quality in vulnerable communities; this growth is linked to increasing renewable energy adoption but faces challenges in widespread i...

US Battery Storage Capacity Surges 71%, Reducing Reliance on Polluting Power Plants

US battery storage capacity increased by 71% in 2024, reaching 24 gigawatt-hours, significantly reducing reliance on polluting 'peaker' power plants and improving air quality in vulnerable communities; this growth is linked to increasing renewable energy adoption but faces challenges in widespread i...

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What is the immediate impact of the 71% increase in US battery storage capacity on air quality and reliance on fossil fuel-based power generation?

In 2024, US battery storage capacity surged 71% to 24 gigawatt-hours, significantly reducing reliance on polluting 'peaker' power plants that disproportionately affect vulnerable communities near them. This growth offers a cleaner, more efficient alternative, especially in addressing peak energy demands. The increase is a positive step towards cleaner energy and improved air quality.

ru.euronews.com

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Dec 26, 19:10

Eni Unveils Top-Five Supercomputer to Boost Oil Exploration and Clean Energy Transition

Eni launched HPC6, a €100+ million supercomputer in Ferriera-Erbognone, Italy, currently ranked fifth globally, to enhance oil and gas exploration, optimize renewable energy production, and accelerate its decarbonization strategy.

Eni Unveils Top-Five Supercomputer to Boost Oil Exploration and Clean Energy Transition

Eni launched HPC6, a €100+ million supercomputer in Ferriera-Erbognone, Italy, currently ranked fifth globally, to enhance oil and gas exploration, optimize renewable energy production, and accelerate its decarbonization strategy.

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How does Eni's investment in HPC6 contribute to its broader decarbonization strategy and overall business efficiency?

HPC6's capabilities extend beyond oil and gas discovery, encompassing applications in renewable energy production optimization, carbon storage, industrial process improvements, and battery technology advancements. This centralized, in-house system contrasts with reliance on external cloud computing services, highlighting Eni's commitment to internal technological development. The supercomputer processes data from drilling, seismic surveys, and reservoir modeling to improve efficiency across the energy value chain.

dw.com

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Jan 1, 22:06

Austria's Gas Supply Unaffected by Halt of Russian Transit

Despite the end of Russian gas transit through Ukraine on January 1st, Austria's natural gas supply remains secure due to preemptive measures, including increased imports from Germany and Italy and significant gas storage reserves.

Austria's Gas Supply Unaffected by Halt of Russian Transit

Despite the end of Russian gas transit through Ukraine on January 1st, Austria's natural gas supply remains secure due to preemptive measures, including increased imports from Germany and Italy and significant gas storage reserves.

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What is the immediate impact on Austrian consumers following the halt of Russian gas transit through Ukraine?

Austria's natural gas supply remains unaffected despite the termination of Russian gas transit through Ukraine, according to Austrian Gas Grid Management AG (AGGM). AGGM reports no disruptions to Austrian consumers, with decreased Russian gas imports compensated by increased supplies from Germany and Italy.

welt.de

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Dec 31, 07:09

Saxony's Slow Wind Energy Expansion Despite Rising Approvals

By end of September 2024, Saxony commissioned only five new wind turbines (23.9 MW), down from ten (46.8 MW) in 2023; however, 44 turbines received approval (vs 29 in 2023), and contracts for 306.5 MW were awarded, potentially powering 300,000 households.

Saxony's Slow Wind Energy Expansion Despite Rising Approvals

By end of September 2024, Saxony commissioned only five new wind turbines (23.9 MW), down from ten (46.8 MW) in 2023; however, 44 turbines received approval (vs 29 in 2023), and contracts for 306.5 MW were awarded, potentially powering 300,000 households.

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What is the current state of wind energy expansion in Saxony, and what are its immediate implications for energy supply and decarbonization efforts?

In Saxony, only five new wind turbines with a total capacity of 23.9 megawatts were commissioned by the end of September 2024, a significant decrease from ten turbines with 46.8 megawatts in 2023. However, 44 wind turbines received approval by September 2024, compared to 29 in 2023, and projects with a total capacity of 306.5 megawatts have been awarded contracts, potentially supplying 300,000 households.

taz.de

🌐 75% Global Worthiness

Dec 28, 22:07

Philosopher's Warning Hindering Climate Action Debate

A Berlin philosopher's warning against neglecting the social question during a climate policy discussion is criticized for hindering productive thinking and maintaining the status quo, prompting reflection on the left's role in ecological transition.

Philosopher's Warning Hindering Climate Action Debate

A Berlin philosopher's warning against neglecting the social question during a climate policy discussion is criticized for hindering productive thinking and maintaining the status quo, prompting reflection on the left's role in ecological transition.

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What is the central conflict highlighted in the article regarding climate policy?

A renowned Berlin-based philosopher warned against neglecting the social question during a discussion on achieving serious climate policy. This remark, considered a 'snore moment,' prompted the author to leave, arguing that it halted productive thinking.

lefigaro.fr

🌐 85% Global Worthiness

Dec 27, 19:10

France Awards Contracts for Two Large-Scale Floating Offshore Wind Farms

France awarded contracts for two large-scale floating offshore wind farms in the Mediterranean Sea, one off Occitanie and the other off Fos-sur-Mer, with investments exceeding €1.8 billion, aiming to increase renewable energy capacity and reduce reliance on fossil fuels.

France Awards Contracts for Two Large-Scale Floating Offshore Wind Farms

France awarded contracts for two large-scale floating offshore wind farms in the Mediterranean Sea, one off Occitanie and the other off Fos-sur-Mer, with investments exceeding €1.8 billion, aiming to increase renewable energy capacity and reduce reliance on fossil fuels.

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What are the key economic and technological aspects of these offshore wind farm projects?

These projects demonstrate France's commitment to expanding renewable energy sources, specifically offshore wind, to meet its ambitious 2035 and 2050 targets of 18 and 45 gigawatts respectively. The projects' substantial investments highlight the economic potential of this sector, while also showcasing advancements in floating offshore wind technology suitable for deeper waters.

pt.euronews.com

🌐 85% Global Worthiness

Dec 26, 16:08

Eni Unveils HPC6 Supercomputer to Advance Energy Transition

Eni launched HPC6, a €100+ million supercomputer in Italy on Christmas Day, currently ranked fifth globally, to boost oil and gas discovery and accelerate its clean energy transition.

Eni Unveils HPC6 Supercomputer to Advance Energy Transition

Eni launched HPC6, a €100+ million supercomputer in Italy on Christmas Day, currently ranked fifth globally, to boost oil and gas discovery and accelerate its clean energy transition.

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What is the primary impact of Eni's new supercomputer on its oil and gas exploration and production?

Eni, an Italian energy company, unveiled HPC6, a supercomputer costing over €100 million, ranking fifth globally. Its 14,000 GPUs will enhance oil and gas discovery, aiding Eni's decarbonization strategy.

gr.euronews.com

🌐 85% Global Worthiness

Dec 26, 19:10

Eni Launches Top-5 Supercomputer to Boost Oil Exploration and Clean Energy Transition

Eni launched HPC6, a \u20ac100+ million supercomputer in Ferrera Erbognone, Italy, on Christmas Day, currently ranked fifth fastest globally; it will significantly enhance oil and gas exploration and clean energy development by processing massive datasets and improving efficiency.

Eni Launches Top-5 Supercomputer to Boost Oil Exploration and Clean Energy Transition

Eni launched HPC6, a \u20ac100+ million supercomputer in Ferrera Erbognone, Italy, on Christmas Day, currently ranked fifth fastest globally; it will significantly enhance oil and gas exploration and clean energy development by processing massive datasets and improving efficiency.

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What is the primary impact of Eni's launch of HPC6 on the global energy landscape?

Eni, an Italian energy company, unveiled HPC6, one of the world's five fastest supercomputers, costing over \u20ac100 million. This will significantly boost its oil and gas exploration and clean energy transition strategies by processing massive datasets for enhanced reservoir simulations and renewable energy optimization. The supercomputer, featuring almost 14,000 GPUs, will handle complex AI functions and calculations.

Showing 349 to 360 of 428 results