Sentences with phrase «in the power sector»

We also pointed out how a rise in electricity generation from renewables this year has been accompanied by record - setting use of natural gas in the power sector.
He claimed that reforms in power sector are critical.
By doing so, we'll reduce emission levels in the power sector well below where they were projected to be when we first announced our climate strategy in 2002.
We can't solve climate change in the power sector alone, however.
By doing so, we will reduce emission levels in the power sector well below where they were projected to be when we first announced our climate strategy in 2002.
Second, existing technologies that use coal more efficiently can be deployed, particularly in the power sector, which accounts for two - thirds of global coal use.
Second, overall demand growth in the power sector reached a decade low but is expected to resume.
This will ultimately impact the use of coal in the power sector over the longer term.
At the same time, higher domestic gas prices drove higher coal use in the power sector and higher international coal prices boosted exports and revenues for coal companies.
A low carbon price in the power sector is one thing; a higher economy - wide carbon price that covers industrial facilities and transportation fuels is quite another.
Even trading in the power sector will not begin immediately, however.
We fail to understand how any self - described successful investor in the power sector could have so significantly undervalued its investment.
Renewable sources of energy meet 40 % of the increase in primary demand and their explosive growth in the power sector marks the end of the boom years for coal.
However, the many uncertainties now inherent in the power sector create risks for investors.
Doing so would result in power sector emissions rising over 20 % by 2050.
Coal is the most exposed to a low - carbon future given its highly CO2 - intense nature and readily available alternatives in the power sector.
There has been very little actually really going in the power sector at all.
It plans to boost the share of renewables such as wind and solar power, with the goal of cutting emissions of major pollutants in the power sector 60 percent by 2020.
It is has been especially prominent in the power sector, advising both government and private sector entities.
Before diving deep into the importance of skilled experts in the power sector, you must know why power and electricity are crucial necessities of human life.
Natural gas is a possible alternative to oil in the event of an oil disruption, particularly in the power sector.
Growth in the power sector is due to increased demand for electricity, but natural gas's share does not increase as coal and renewable energy also compete for the power sector market.
Based on data from a limited number of scenarios, there would need to happen a remarkable reallocation of investments in the power sector from fossil fuels to low emissions generation technologies (renewable power generation, nuclear, and fossil fuels with CCS).
It said it was committed to assisting Nigeria to achieve the objectives of its reforms in the power sector in accordance with the priorities already approved by the authorities.
Moving towards renewables in the power sector means coal being phased out very quickly, by the 2030s in developed countries, by 2050 at the latest in developing countries.
[9] For example, the 2011 World Energy Outlook (IEA 2011) states: «Delaying action is a false economy: for every $ 1 of investment avoided in the power sector before 2020 and additional $ 4.3 would need to be spent after 2020 to compensate for the increased emissions.»
Natural gas consumption in the power sector tumbled 7.3 percent, while coal demand dropped 1.9 percent.
Carbon capture has never been proved at scale in the power sector but is considered the chief way to control heat - trapping emissions from coal, gas and other fossil fuels.
To get an idea of current and near - future prospects for CCS in the power sector, I went to the Global CCS Institute list of large - scale projects.
«The payoff can be huge; with each additional dollar invested in the power sector boosting the overall economy by $ 15.»
RGGI states have achieved 40 % cuts in emissions in the power sector since 2005.
Finding an economic niche With coal slated to be a major player in the power sector globally for decades, analysts say Kemper could be key in lowering costs that have so far been prohibitive.
The plan will infuriate Conservative government members who believed they had a deal with the Liberal Democrats to defer a decision on green targets in the power sector until after the election.
The report also finds that Mexico's innovative auction system provides a substantial boost to Mexico's clean energy efforts in the power sector.
Hawthorn has a history of work in power sector public comment processes, including submitting fake letters to Congressional lawmakers against a climate change bill.
This report suggests that the option of fuel switching in the power sector deserves greater consideration to reduce emissions.»
The IEA says India has high potential and equally high ambition in these areas to deliver on the pledge to build up a 40 % share of non-fossil-fuel capacity in the power sector by 2030.
But coal demand has fallen dramatically across the U.S. as natural gas power plants and renewable energy farms take coal's place in the power sector.
The 11th - hour extension of the solar Investment Tax Credit and the wind Production Tax Credit at the end of 2015 also played a big role in those power sector trends, something Pruitt noted in a Monday announcement that he would repeal the CPP.
The EU - ETS has never before seen such large or sustained annual deficits against the backdrop of such a sharply declining surplus, and the upshot will likely be a need for large - scale fuel switching in the power sector from 2019 onwards to plug the supply gap.
In 2018, many of the RGGI states will also explore ways to build on their enormous success tackling pollution in the power sector as they look to clean up and modernize the transportation sector.
A chieftain of the All Progressives Congress (APC) in Sokoto State, Alhaji Abdullahi Bafarawa, on Wednesday urged President Muhammadu Buhari to probe happenings in the power sector.
CPP will continue to be debated, yet it bears repeating: The U.S. has been significantly lowering its carbon dioxide emissions in the power sector without CPP implementation, mostly because market decisions to use increasing volumes of domestic natural gas.
They will have to get pretty high to meaningfully accelerate what is already an ongoing trend of decarbonization in the power sector.
However, such strategies, irrespective of their inherent merits, would only postpone the decarbonization needed in the power sector if deep emissions reductions proposed to 2050 are to be met.
The decision to increase the rating was driven partly by Nigeria's reformation attempts in the power sector, its low debt and its decision to cut fuel subsidies.
Still in the power sector, President Akufo Addo indicated in his address that his government intended to list VRA and GRIDCO on the Ghana Stock Exchange.
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