December 2 NEC Energy News
¶ “At COP28, Countries Launch Declaration To Triple Nuclear Energy Capacity By 2050” • At COP28, over twenty countries from four continents launched the Declaration to Triple Nuclear Energy. The declaration says that nuclear energy is key to dealing with climate change and sets a goal of tripling the nuclear energy capacity by 2050. [Department of Energy]
¶ “COP28 Host UAE To Ramp Up National Oil Production” • United Arab Emirates, the country hosting COP28 climate talks aimed at cutting fossil fuel emissions is massively ramping up its own oil production, the BBC has learned. Should this surprise us? Sultan al-Jaber, the president of COP28, is also the chief executive of the UAE’s state oil firm Adnoc. [BBC]
¶ “Record-Low EV Battery Prices In 2023” • Thanks to a variety of factors, lithium-ion battery packs are at record low prices. After dropping 14%, they are down to $139/kWh. The steep price drop and record low average price come on the heels of price increases in 2022 that had brought battery prices back to 2020 levels. The world changes fast. [CleanTechnica]
¶ “New England’s Decades-Old Shrimp Fishery, A Victim Of Climate Change, To Remain Closed Indefinitely” • In New England, the shrimp business fell victim to warming waters in 2013 because of a moritorium by regulators. A healthy shimp population needs cold water. The moratorium will remain in place indefinitely, fishery regulators ruled. [ABC News]
¶ “Lower US CO₂ Emissions Due In Part To Shifts In Power Generation Sources” • A forecast by the US Energy Information Administration is for the US energy sector to emit about 4,790 million metric tons of CO₂ in 2023, a 3% decrease from 2022. Much of this decline results from lower electricity generation from coal-fired power plants. [CleanTechnica]
¶ “New Jersey Plans To Restart Offshore Wind In 2024 After ‘Bump In The Road’” • The Governor of New Jersey is looking to restart the state’s offshore wind programs reiterating that it is committed to offshore wind as a key component of its renewable energy program. The state is commitment to having 100% clean energy by 2035. [The Maritime Executive]
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