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Researchers calculate social cost of German nuclear phase-out at $12B/year; 70% from increased mortality risk

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In a working paper for the National Bureau of Economic Research (NBER), a team from UC Berkeley, UC Santa Barbara and Carnegie Mellon University (CMU) calculate that the social cost of the phase out of nuclear electricity production in Germany is approximately $12 billion per year.

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DOE selects 9 universities for about $2.7M in advanced coal technologies research awards

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The US Department of Energy (DOE) has selected nine universities for awards for research projects that will continue to support innovation and development of advanced, lower emission coal technologies. The Energy Department’s $2.7 million investment will be leveraged with additional funds from the universities to support $3.1

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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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Once there is sufficient renewable output, battery storage and thermal balancing power plant capacity in the system, retire legacy inflexible plants, such as coal. coal and gas), significantly reducing the overall levelised cost of electricity. — IEA Executive Director Fatih Birol.

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DOE to Award Up to $55 Million in Funding to Develop Advanced Carbon Capture Technology at Existing Coal-Fired Power Plants

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Energy Secretary Chu sent a letter this week to world energy ministers and other scientific leaders calling for an aggressive global effort to advance carbon capture and sequestration technology to the point where widespread, affordable deployment can begin in 8 to 10 years. Earlier post.)

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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These include record price volatility, changing government regulations, divergent long-term demand scenarios and non-standardized ESG criteria that are driving up investment hurdles and hiking the cost of capital for long-cycle projects, the report says. As a result, investment decisions are becoming increasingly complex.

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Study finds shifts to renewable energy can drive up energy poverty

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Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. We don’t think of energy as a human right when it actually is.

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