Breakthrough Energy Ventures Has Bad Investment Theses Therefore Bad Investments

Credit to Author: Michael Barnard| Date: Thu, 04 Jul 2024 23:07:44 +0000

Eight years ago, Bill Gates and group of his closest billionaire acquaintances launched an incredibly well funded venture capital group. Its noble mission was funding and supporting transformative technologies aimed at mitigating climate change. Many of its investments are sound and if commercialized, would assist, at least a bit. However, … [continued]

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How Energy Sources Have Changed Throughout U.S. History

Credit to Author: US Energy Information Administration| Date: Wed, 03 Jul 2024 19:29:30 +0000

In 2023, 94 quadrillion British thermal units (quads) was consumed in the United States, a 1% decrease from 2022, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for nearly 83% of total U.S. energy consumption in 2023. Nonfossil fuel energy—from renewable sources and from nuclear—accounted for the … [continued]

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Record Electricity from Green Power in Germany

Credit to Author: Guest Contributor| Date: Wed, 03 Jul 2024 17:31:28 +0000

At 140 terawatt hours, more renewable electricity was generated in Germany in the first half of 2024 than ever before, accounting for 65% of net public electricity generation. Generation from fossil fuels continues to decline as do the electricity prices on the exchange. These are the findings of the half-year … [continued]

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Group Expects Huge Jump in Global Revenue for Hydrogen-Capable Gas Turbines

Credit to Author: Contributed Content| Date: Tue, 02 Jul 2024 15:40:06 +0000

A new report from Guidehouse Insights, the Colorado-based dedicated market intelligence arm of Guidehouse, estimates global revenue for hydrogen-capable gas turbines (HGTs) will grow to more than $7 billion by […]

The post Group Expects Huge Jump in Global Revenue for Hydrogen-Capable Gas Turbines appeared first on POWER Magazine.

Hydrogen Pipeline Shutterstock

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Morrow Reinvented: HL-Class Gas Turbine Powers a Coal Plant’s Rebirth

Credit to Author: Sonal Patel| Date: Mon, 01 Jul 2024 12:27:37 +0000

The Morrow Repower Project, winner of POWER’s 2024 Reinvention Award, exemplified a strategic coal-to-gas conversion at a brownfield site that masterfully combined cutting-edge advanced technology with a

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Splash-Morrow-combined-cycle-power-plant-repowering-Cooperative-Energy

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Renewable Energy 44.7% of EU Electricity Production in 2023 — Now #1!

Credit to Author: Zachary Shahan| Date: Sat, 29 Jun 2024 15:34:11 +0000

Eurostat has now released electricity data from 2023, and it shows that 44.7% of EU electricity production came from renewable energy sources last year!* Fossil gas (aka “natural gas”) production was down, a lot. Coal production was down even more. Even production from oil and petroleum products (already quite low) … [continued]

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Mexico Increases Reliance on Natural Gas to Support Electricity Demand

Credit to Author: Darrell Proctor| Date: Mon, 01 Jul 2024 12:25:48 +0000

Mexico is ramping up its use of natural gas for power generation, with several plants coming online in recent years, and at least 10 more (Table 1) expected to come online this year, next year, or in 2026. The

The post Mexico Increases Reliance on Natural Gas to Support Electricity Demand appeared first on POWER Magazine.

Fig1-GE-Vernova-Topolobampo-combined-cycle-power-plant-Mexico

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3 Oil Companies & 3 Polluting Carmakers Among Top 10 Recipients of Green Funds! WTH?

Credit to Author: Zachary Shahan| Date: Fri, 28 Jun 2024 19:47:54 +0000

Well, this was a shocker. I just saw word from Transport & Environment thanks to one of our news aggregators here that three “polluting carmakers” were among the 10 companies to receive the most European Union “green funds” investments. But even more shocking than that, another three of the top … [continued]

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Tri-State Advances ERP With Unopposed Settlement Filing

Credit to Author: Contributed Content| Date: Fri, 28 Jun 2024 01:57:00 +0000

Colorado electric cooperative Tri-State Generation and Transmission Association is proposing aid to coal communities in its service territory as part of an unopposed comprehensive settlement of the first phase of […]

The post Tri-State Advances ERP With Unopposed Settlement Filing appeared first on POWER Magazine.

Craig Station

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Weird & Wacky Ways Of Powering Data Centers Are Under Consideration

Credit to Author: Steve Hanley| Date: Mon, 24 Jun 2024 15:55:01 +0000

Data centers consume enormous amounts of electricity. They promise to use only renewable energy, but is that realistic?

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