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Fossil Power Articles & Analysis

153 news found

The Success of Global Energy Transitions Starts with Early-Stage Project Financing

The Success of Global Energy Transitions Starts with Early-Stage Project Financing

The country launched a venture capital fund designed to overhaul its public transport system, specifically by replacing fossil fuel-powered bus fleets with electric buses.Source: The International Renewable Energy Agency (IRENA)--------------------------------------------Upcoming conferences organized by SGO:5th V2G Business, Policy and Technology Forum - Spring, ...

BySmart Grid Observer


The Success of Global Energy Transitions Starts with Early-Stage Project Financing

The Success of Global Energy Transitions Starts with Early-Stage Project Financing

The country launched a venture capital fund designed to overhaul its public transport system, specifically by replacing fossil fuel-powered bus fleets with electric buses.Source: The International Renewable Energy Agency (IRENA)--------------------------------------------Upcoming conferences organized by SGO:5th V2G Business, Policy and Technology Forum - Spring, ...

BySmart Grid Observer


Type One Energy and TVA Sign Agreement Focused on First Fusion Power Plant Project

Type One Energy and TVA Sign Agreement Focused on First Fusion Power Plant Project

In a commercialization landmark for the fusion industry, Type One Energy entered into a Cooperative Agreement with the Tennessee Valley Authority (TVA) to jointly develop plans for a potential TVA fusion power plant project in the Tennessee Valley region using Type One Energy stellarator fusion power technology. The 350 MWe fusion pilot power ...

BySmart Grid Observer


Sunrun’s Power Plant Programs Complete 2024 with Expansion To Support Power Grids Nationally

Sunrun’s Power Plant Programs Complete 2024 with Expansion To Support Power Grids Nationally

Sunrun, a leading provider of clean energy as a subscription service, announced this week that its growing portfolio of virtual power plants (VPPs) successfully supported power grids across the country in 2024 with a combined instantaneous peak of nearly 80 megawatts—a capacity greater than many traditional fossil-fuel power ...

BySmart Grid Observer


New Study Identifies a Critical Need for Energy Storage in Illinois

New Study Identifies a Critical Need for Energy Storage in Illinois

Battery energy storage will reduce the expected probability of power outages, saving a projected $5.8 billion for Illinois consumers between 2030-2049.Reduced cost of emissions. Battery energy storage resources are projected to reduce the use of fossil fuel power plants while increasing the co-generation benefits of new wind and solar resources ...

BySmart Grid Observer


Con Edison Reports Clean Energy Progress for First Quarter 2024

Con Edison Reports Clean Energy Progress for First Quarter 2024

In just a year, customers added 92 MW of solar capacity.More than 67,000 solar projects now dot the rooftops of homes, supermarkets, office buildings, parking structures and yards with the capacity to produce 600.5 MW of power. That’s an impressive amount of energy considering that one of the nation’s newest solar energy producers with nearly 2 million solar panels covering ...

BySmart Grid Observer


$10 Million In Funding Now Available in Round 5 of $68 Million Buildings Of Excellence Competition

$10 Million In Funding Now Available in Round 5 of $68 Million Buildings Of Excellence Competition

Through financial awards in the early stages of design, the Competition revolutionizes the new construction and adaptive reuse of multifamily housing and mixed-use space by showing that these buildings can be built cost-competitively to traditional fossil-fuel powered dwellings.Additionally, the Competition prioritizes housing and energy affordability, supporting ...

BySmart Grid Observer


Benefits of Heat Pumps Detailed in New NREL Report

Benefits of Heat Pumps Detailed in New NREL Report

The researchers also found that installation of a heat pump prompted greenhouse gas emissions to decline in every state, but the drop was especially large when it replaced a heating system that had been powered by fossil fuels. Nationally, heat pumps would cut residential sector greenhouse gas emissions by 36%–64%, including the emissions from new electricity ...

BySmart Grid Observer


Ember Study: Half of the World is Past a Peak in Fossil Power

Ember Study: Half of the World is Past a Peak in Fossil Power

The vast majority (78) of these economies have displaced fossil fuels from their power sectors through clean electricity growth in the years since a post-2000 fossil power high. ...

BySmart Grid Observer


Clean Sources of Generation are Set to Cover World’s Additional Demand Over Next 3 Years

Clean Sources of Generation are Set to Cover World’s Additional Demand Over Next 3 Years

However, record-setting electricity generation from low-emissions sources – comprising renewables, such as solar, wind and hydro, as well as nuclear power – should reduce the role of fossil fuels in providing power for homes and businesses. ...

BySmart Grid Observer


CPUC Modernizes Multi-Tenant and Multi-Property Solar and Storage Tariffs

CPUC Modernizes Multi-Tenant and Multi-Property Solar and Storage Tariffs

The new tariffs contain improved prices signals that encourage customers to adopt battery storage and export solar energy in the evening hours when the grid is most stressed and California needs to displace energy from fossil fuel power plants. The new tariffs only apply to future customers, and there is a 90-day grace period for prospective customers to enroll ...

BySmart Grid Observer


Global fossil fuel subsidies on the rise despite calls for phase-out

Global fossil fuel subsidies on the rise despite calls for phase-out

Here are a few instances of global subsidies for fossil fuels. CANADA According to the IMF, China's fossil fuel subsidies accounted for 12.5% of the nation's GDP in 2022, or $2.2 trillion, making it the largest country in the world. ...

ByThomson Reuters


Renewables Competitiveness Accelerates, Despite Cost Inflation

Renewables Competitiveness Accelerates, Despite Cost Inflation

The fossil fuel price crisis has accelerated the competitiveness of renewable power. ...

BySmart Grid Observer


Con Edison's Clean Energy Investments Approved by State

Con Edison's Clean Energy Investments Approved by State

On July 20, 2023, Con Edison received state approval for critical clean energy investments that will help New York transition away from fossil fuels. The New York State Public Service Commission (PSC) ruling sets electric and gas rates through 2025 and advances an investment plan totaling $11.8 billion. ...

BySmart Grid Observer


Constellation's Nuclear Fleet Outperformed as Fossil Plants Failed During Winter Storm Emergency

Constellation's Nuclear Fleet Outperformed as Fossil Plants Failed During Winter Storm Emergency

Nuclear plants operated by Constellation performed at 100 percent capacity and proved instrumental in preventing rolling blackouts for millions of homes and businesses during a powerful winter storm that knocked nearly a quarter of the power generation in the nation's largest energy grid offline on Christmas Eve. ...

BySmart Grid Observer


NYPA and NYSERDA Announce New Battery Energy Storage Technology

NYPA and NYSERDA Announce New Battery Energy Storage Technology

"Under Governor Hochul's leadership, New York is a strong supporter of innovation that enhances grid flexibility, reliability and resilience, and NYSERDA is pleased to collaborate with its State partners and Cadenza Innovation on this energy storage pilot," said NYSERDA President and CEO Doreen M. Harris. "This project is a powerful example of how private-public partnerships can ...

BySmart Grid Observer


Sunrun and PG&E Collaborate on Residential Battery-Powered Virtual Power Plant

Sunrun and PG&E Collaborate on Residential Battery-Powered Virtual Power Plant

PG&E and Sunrun partnered to create an optimal battery dispatch schedule that lowers the overall cost of power during the times of highest need as well as reduces critical strain on the entire energy system and reliance on fossil fuel burning power plants. ...

BySmart Grid Observer


DOE National Laboratory Makes History by Achieving Fusion Ignition

DOE National Laboratory Makes History by Achieving Fusion Ignition

"This astonishing scientific advance puts us on the precipice of a future no longer reliant on fossil fuels but instead powered by new clean fusion energy," U.S. Senate Majority Leader Charles Schumer said. ...

BySmart Grid Observer


Sunrun to Build and Operate Puerto Rico's First Virtual Power Plant

Sunrun to Build and Operate Puerto Rico's First Virtual Power Plant

The company notes that customers will benefit from the cost savings of on-site energy generation and backup power and will also be compensated in exchange for strategically sharing their stored energy with Puerto Rico's power grid, creating a shared clean energy economy. ...

BySmart Grid Observer


DOE Invests $26 Million in Program to Demonstrate Grid Can Run on 100% Clean Energy

DOE Invests $26 Million in Program to Demonstrate Grid Can Run on 100% Clean Energy

The U.S. electricity grid was originally built to deliver power from just a few large fossil fuel power plants to homes and businesses, but today’s grid has a mix of traditional and renewable energy sources. ...

BySmart Grid Observer

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