Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power…
decarbonization
I was recently reviewing a report issued last year by BMI Research, a Fitch Group company, which has since been rebranded as Fitch Solutions. The Megatrends 2050 Special Report, as…
In preparation for a large-scale power sector shift toward decarbonization, several major power equipment manufacturers are developing gas turbines that can operate on a high-hydrogen-volume fuel. According to several experts,…
Decarbonization is becoming firmly entrenched in utility business strategies to address risks and opportunities posed by climate change. But setting out a sound plan amid so many uncertainties poses a…
JENBACH, AUSTRIA—April 1, 2019—INNIO* announced today that it will supply six Jenbacher* gas engines for the LEMENE microgrid project in Finland, helping the Finnish government reach its climate goal of…
Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world's power sector, are separately rethinking future business directions as sizable disruptions shake up prospects…
In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6.…
A Massachusetts Institute of Technology (MIT) interdisciplinary study found that nuclear power has the potential to contribute greatly to the achievement of deep decarbonization goals, yet despite its promise, cost…
Giant U.S. energy holding company Duke Energy in a new report outlined for shareholders how it will achieve a goal updated last year to reduce its 2030 carbon dioxide emissions…
Nuclear power's future—and its much-needed contribution to U.S. decarbonization efforts—may be hampered if eight pressing issues aren't addressed within the next five years, U.S. Energy Secretary Ernest Moniz said at…