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Investment in clean energy likely to be double figure for fossil fuels in 2024, IEA says

The Guardian: Energy

Low-carbon electricity investment driven by solar projects but oil and gas spending still too high to meet climate goals Global investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due to an increase in spending on solar projects, according to the International Energy Agency.

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Big Tech has cozied up to nuclear energy

The Verge: Energy

. | Photo: Getty Images Major tech firms, in search of carbon pollution-free electricity for data centers, are helping to revive nuclear energy in the US. Tech giants are increasingly eyeing nuclear reactors to power their energy-hungry data centers. Nuclear power plants typically provide steady “baseload” power.

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

Wind and solar alone generated around 30 per cent of Britain's electricity in 2020, while biomass provided seven per cent, and hydropower made up 1.6 Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

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Can Joe Biden Decarbonize The U.S. Power Sector By 2035?

R-Squared Energy

He didn’t mention nuclear power or carbon sequestration in this speech, but his website does mention them among four specific goals designed to decarbonize the power sector. Biden’s plan calls for: Grid-scale storage at one-tenth the cost of lithium-ion batteries. power grid by 2050. trillion through 2035.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Dominion’s Virginia generation portfolio today is roughly one-third natural gas, one-third nuclear and one-quarter coal, with just over 5 percent ascribed to renewable energy, much of it hydropower and biomass. Major boosts for solar, offshore wind and energy storage.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Thursday’s proposed decision from the California Public Utilities Commission ( PDF ) is the culmination of more than a year of study and debate over the state’s grid reliability needs, as part of its Integrated Resource Plan proceeding. But the CPUC deferred to the urgency of CAISO, which projects shortfalls of at least 2.3

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How green energy offers five times more secure, skilled UK jobs than fossil fuels

Business Green

Earlier this year, the government published an Energy Security Strategy, which ramped up targets for offshore wind and solar power while also promising to develop new oil and gas fields in the North Sea, in a bid to reduce exposure to risky, global fossil fuel markets.