Electric Power by S&P Global Commodity Insights’ Post

Duke Energy sees a need for incremental gas-fired #power to meet demand growth: CEO ▪️ Power demand growth quickly accelerates ▪️ Seeks to relicense all its #nuclear power units ⬇️Story linked in comments #ONGT #electricity #naturalgas

#Baseload generation becomes redundant on #grids when #solar meets demand during the day. As the hours where baseload generation is required falls, it is becoming even more expensive https://buff.ly/3FG2ihU #baseloadgeneration #coal #nuclear #energytransition #gridfrequency

Theft Is The Enemy Of Light #electricity #alternativeenergy #greenenergy #electricgrid #solar #wind #nuclear #gas #nuclearenergy For more energy and power content, subscribe to my Substack: https://lnkd.in/gz_Au2RU

The sources of electricity that power the world are at the heart of many geopolitical considerations. The shift towards renewable energy and increased interconnectivity offer opportunities to reduce geopolitical tensions related to energy access and control. However, the transition also presents its own geopolitical challenges, particularly in terms of technology access and resource distribution.Future looks exciting !

Definitely, 2022 was a year highly influenced by geopolitical turmoils. But we must act quickly and change coal from the top of the power production pyramid. Last year it accounted for more than one-third of the overall electricity production, more than the combined supply from renewable energy sources, including hydro. China contributed heavily to this coal-driven picture and last year actually significantly accelerated its efforts to build coal plants. Hundreds of new plants have been permitted, endangering its targets to peak emissions by 2030. In moments when energy security is challenged, markets will try first to stabilize and then shift to energy transition initiatives. But this is the actual opportunity to increase capacity and go over the assumption that we need so much the baseline load of coal-fueled plants. Furthermore, coal can be cheap now, especially in a difficult energy context. But if considered in a context where carbon is taxed its economic feasibility can be significantly impacted and spike well beyond renewables (LCOE of USD 100+/MWh when considering CCUS for abatement). #decarbonization #energytransition #climateaction

What Electricity Sources Power the World? 💡From Elements—bridging the gap between global trends shaping our future, and the raw materials powering them ⚡️ https://lnkd.in/ddUhyvCq #electricity #powersource #naturalgas #coal #nuclear

More Carbon free (!) targets in 2022 and net zero targets are as I said before “too romantic like first date”….:.. 61% of our energy is coming from the fossil fuels and the largest portion still belongs to guess what; Coal, the worst polutant among the others. No body wants to leave carbon but; somebody wants the rest to take the overburdan of changing to a low carbon emissions with inefficient solutions……… #coal #naturalgas #energy #carbonfootprint #electricity #electricvehicals

A look at the energy consumption profiles of every U.S. state as measured by the Energy Information Admin. #transportation #petroleum #natgas #nuclear #coal #electricity #fuel https://www.eia.gov/state/

The Iron Law of Power Density, Part 2 #powerdensity #nuclear #solar #wind #alternativeenergy #greenenergy #climatechange #climatepolicy #electricity #electricgrid For more energy and power content, subscribe to my Substack: https://lnkd.in/gz_Au2RU

How do you think the Energy Transition is going? Here’s what powered the world in 2022