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Uses Electricity They’re delivering solar power after dark in California and helping to stabilize grids in other states. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Ga. Ga. Texas Texas La. By The New York TimesMost grid batteries use lithium-ion technology, similar to batteries in smartphones or electric cars.
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AES chief says we'll need natural gas for next 20 years
  + stars: | 2023-01-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAES chief says we'll need natural gas for next 20 yearsAndrés Gluski, the CEO of AES, made his comments during a panel discussion at the World Economic Forum in Davos, Switzerland, moderated by CNBC's Joumanna Bercetche.
As the planned transition takes shape, there's been a lot of talk about the relationship between hydrogen and natural gas. "Now, what we can start to do today is … start to blend it with green hydrogen," he added. "But it's just difficult to see that you're going to have enough green hydrogen to substitute it like, in the next 10 years." Produced using electrolysis and renewables like wind and solar, green hydrogen has some high-profile backers. "We see green hydrogen as playing probably the most important role in the energy transition," she said.
Leaders at Davos say government policy to incentivize the transition can push things forward. There's no 'silver bullet' solutionThe energy transition involves a huge variety of solutions coming together — renewable energy, electric vehicles, hydrogen technology, and nuclear power, to name a few, will all play a role. Andrés Gluski, CEO of energy company AES, said there isn't "one silver bullet" for the energy transition. Daniels said that while the US is using incentives to drive the energy transition, the EU is using rules and regulations. Ciorra also called China a champion of the electric transition, because "they are making this as a business."
Dec 8 (Reuters) - Industrial gas supplier Air Products (APD.N) and renewable energy firm AES Corp (AES.N) said on Thursday they would invest about $4 billion to build the largest U.S. green hydrogen facility, amid rising demand for the clean fuel. The companies aim to start commercial operations by 2027 at the Texas facility, which will be capable of producing over 200 metric tons of green hydrogen per day. Air Products, which had sales of $12.7 billion in fiscal 2022, will serve as the exclusive acquirer and marketer of the green hydrogen from the plant under a 30-year deal. AES and Air Products will have equal ownership of the plant's renewable energy and electrolyzer assets, which help break water into hydrogen and oxygen, they added. There has been an uptick in demand for green hydrogen, produced using renewable energy, which could include offshore wind and solar, to power electrolysis plants.
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