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Andrew Boyers - 1 Carlton Power - 1 Keith Clarke - 1 Clarke - 1 Carlton - 1 Nigel Scott - 1 Banks - 1 Simon Virley - 1
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Search resuls for: "Simon Virley"


2 mentions found


☆ Giant batteries drain economics of gas power plants
  + stars: | 2023-11-21 | by ( Sarah Mcfarlane Susanna Twidale | Sarah Mcfarlane | Susanna Twidale | ) www.reuters.com   time to read: +8 min
They said some battery operators are already supplying back-up power to grids at a price competitive with gas power plants, meaning gas will be used less. British independent Carlton Power dropped plans for an 800 million pound ($997 million) gas power plant in Manchester, northern England, in 2016. MODELS UNDER SCRUTINYDevelopers can no longer use financial modelling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said. Many countries world-wide, but especially in Europe, provide payments for standby power plants through capacity markets. In Europe, 40 million electric vehicles are expected by 2030, capable of displacing around one third of the region's gas power capacity, according to Kaluza.
Persons: Andrew Boyers, Carlton Power, Keith Clarke, Clarke, Carlton, Nigel Scott, Banks, Simon Virley, Helen Sanders, Sanders, Carlton's Clarke, Sarah McFarlane, Susanna Twidale, Simon Webb, Barbara Lewis Organizations: REUTERS, U.S, Global Energy Monitor, Power Ventures, Carlton, Carlton Power, Reuters, Sumitomo Mitsui Banking Corporation, Investors, Electricity, KPMG, Union, Octopus Energy, Thomson Locations: Finedon, Britain, Europe, United States, New Jersey, Manchester, England, London
☆ Planet-heating pollution from the global energy sector continues to rise as fossil fuels dominate, new report finds
  + stars: | 2023-06-26 | by ( Laura Paddison | ) edition.cnn.com   time to read: +2 min
Oil, coal and gas made up 82% of global energy consumption last year, according to the Statistical Review of World Energy report by the Energy Institute and consultancies KPMG and Kearney. The report, which analyzes data on world energy markets, found that energy consumption rose by 1% in 2022, with fossil fuels helping to meet the demand,Oil consumption and production both increased last year, the report found. Gas made up 24% of global energy consumption, down slightly from 25% in 2021. As fossil fuels continued to dominate, the amount of planet-heating pollution produced by the energy sector rose to a new high last year, growing by 0.8%. Yet renewable energy, excluding hydropower, still only made up 7.5% of the world’s energy consumption in 2022.
Persons: ” Simon Virley, Juliet Davenport Organizations: CNN, World, Energy Institute, KPMG, Kearney, Gas Locations: China, India, Pakistan, Europe, North America, Paris
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