Archive: Climate change

Report Says Global CO2 Emissions From Coal Down This Year

Global emissions of carbon dioxide (CO2) from coal-fired power plants and industrial facilities fell in 2019, according to research published Dec. 3, though overall emissions of CO2 rose due to the increased use of natural gas and oil for power generation and other industrial processes. The new emissions figures were reported by the Global Carbon Project […]

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Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST]

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

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A Review of Global Power-to-Gas Projects To Date [INTERACTIVE]

According to experts from Technical University of Applied Sciences (OTH) in Regensburg, Germany, who recently reviewed the world’s existing power-to-gas (P2G) hydrogen and methane projects, about 143 P2G projects have operated since 1988 in 22 countries. Only 56 hydrogen and 38 methanation projects were active in 2019. While the existing fleet mostly comprises pilot or […]

THE BIG PICTURE: The Need for Power Flexibility

In its November 2019–issued World Energy Outlook, the International Energy Agency (IEA) suggests that if countries pursue currently stated policies, the combined generation share of wind and solar photovoltaic could surge from 7% today to 24% in 2040. This very steep ramp-up of variable renewables will undoubtedly require an emphatic focus on flexibility—the ability of […]

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Decarbonization: Utilities Leading the Way

Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to carbon-free nuclear or

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Why Power-to-Gas May Flourish in a Renewables-Heavy World

While still in its infancy, power-to-gas provides a promising approach to convert renewable power into “green” hydrogen and methane, furnishing the renewables sector with a potentially lucrative array of

China Ramping Renewables, and Building More Coal Plants

Officials in China in 2017 said the country—the world’s largest emitter of greenhouse gases—would move away from coal-fired power generation. They promptly canceled more than 100 coal power plant construction projects. But coal remains king in China, which in the past two years has added 43 GW of coal-fired generation capacity, according to a report […]

‘GREEN Act of 2019’ Extends Tax Credits for Renewables

The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year extension of the 30% solar Investment Tax Credit (ITC), along with new incentives for energy storage. The legislation also supports incentives for electric vehicles (EVs), offshore and onshore […]

The POWER Interview: How Industry 4.0 Will Improve Sustainability

As the world continues to face climate uncertainties, industrial companies are looking for ways to ensure they are as sustainable as possible while maintaining profitability. POWER’s recent Distributed Energy Conference included a session on sustainability from the viewpoint of utilities and others in the power generation industry. Many companies are working toward the goal of […]

IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040

Solar photovoltaic (PV) could surge ahead of coal and gas and become the largest source of installed power capacity in the world in the next two decades if countries pursue stated policies and targets, the International Energy Agency (IEA) said in its newly released World Energy Outlook 2019 (WEO2019).  The agency’s annual publication, which it […]