11 December 2023
11 December 2023
The global nuclear industry is in dire straits as production hits its lowest point in four decades and economic pressures mount.
The programme will support transmission and grid-balancing storage, renewable energy generation and energy efficiency projects.
Stanwell will purchase half of Kidston Stage 3's (K3W) total output at a fixed price, plus the large-scale generating certificates.
The 15 projects are expected to complete between 2026 and 2033 and help retire older fossil fuel-based generators.
The portfolio includes small and medium-sized solar photovoltaic (PV) projects with varying construction schedules.
Jonathan Maxwell, CEO and founding partner of Sustainable Development Capital, reveals why he believes COP28's energy efficiency pledge is its biggest achievement.
A leaked letter from OPEC urging member countries to reject a "fossil fuel phaseout" at COP28 suggests formal deal on phase-out is a real possibility.
The solar projects are entirely contracted under the UK Government’s contracts for difference (CfD) scheme.
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The power industry is investing heavily in AI and ML to help decarbonize the energy sector, such as sensor-connected power plants and smart grids to balance electricity supply and demand. AI is driving measurable improvements in renewable energy forecasting, grid operations and optimization, the coordination of distributed energy assets, and demand-side management.
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