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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal.

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Global CO2 emissions stalled for the third year in a row

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Other main findings include: In 2016, China, US, EU28, India, Russia and Japan, the world’s largest emitters in decreasing order of CO 2 emissions, accounted for 51% of the population, 65% of global Gross Domestic Product, 67% of the total primary energy supply and emitted 68% of total global CO 2 and circa 65% of total global GHGs.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Unlike other renewable energy sources, hydrogen can fuel hard-to-decarbonize heavy industrial sectors like steel, heavy transport, and cement. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

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TSMC’s Energy Demand Drives Taiwan’s Geopolitical Future

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The wind blowing in from the Taiwan Strait regularly blasts across Changhua Coastal Industrial Park. Power use by TSMC increased by 85 percent between 2017 and 2022—30 times as fast as Taiwan’s industrial sector as a whole. TSMC also operates or is building fabs in China, the United States, Japan, and Germany.

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