6 EXCITING SOLAR ENERGY PROJECTS SHAPING THE FUTURE

| November 27, 2019

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Take a look at the map below to see some of the exciting projects taking place around the world that are sure to shape the future of energy. Auto manufacturers in the U.S. are experimenting with the reality of solar powered vehicles. Advancement here could reduce the 1,559 million metric tons of C02 emitted yearly by gas powered vehicles.

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General Fusion

General Fusion is developing fusion energy: a safe, limitless, clean, emission-free, and cost-competitive alternative for power generation. Established in 2002, General Fusion is supported by a global syndicate of leading energy venture capital funds, industry leaders, and technology pioneers.

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COVID-19 and its initial impact on the energy sector

Article | March 26, 2020

As we continue to face an unprecedented global health crisis, our Head of Smart Generation Sales, Angus Widdowson looks at the initial impact the COVID-19 pandemic has had on the UK energy sector. With the UK on lockdown, many businesses closing and the majority of Britain’s workforce now working from home, COVID-19 is causing major economic disruption. It was covered in our Informer newsletter earlier this week that the growth in renewable generation in the UK gives us more resilience to tackle the challenges of COVID-19. Whilst the supply chain currently remains strong, as this pandemic continues, we are likely to see resource strain on operation and maintenance contractors. We expect naturally fuelled (wind, solar and hydro) plants to be more resilient than fuelled plant, given the lower risk to technical outages vs fuelled plant. Also, with renewable sites being dispersed across the country, we expect single point failures to have a lesser impact overall vs large thermal power generation. At this stage it’s unclear to see how COVID-19 will affect the development of new renewable projects but we are likely to see delays in the deployment of new wind and solar projects.

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2020: The Year of Convergence in Corporate Renewables

Article | March 26, 2020

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

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Renewable Fuels Will Help Pave the Way to a 100% Renewable Energy

Article | March 26, 2020

The need to reduce carbon emissions is real. In 2018, the International Panel on Climate Change (IPCC) reported that global emissions would need to reach net-zero (or carbon-neutral) by 2050 to prevent severe climate change impacts. Electricity is a major contributor—electricity generation was responsible for approximately 33% of total CO2 emissions in the U.S. in 2018. Electric utilities stand to play a critical role in reducing carbon emissions. Many are up to the task of decarbonizing their operations and supplying carbon-free or carbon-neutral energy to their customers.

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The Key to Unlocking 100% Renewables

Article | March 26, 2020

The 100 percent renewable energy future doesn’t start with a country, state or region. It starts with a city. One power plant in a city, in fact. In Glendale, California. Glendale is a city of 200,000 people just north of Los Angeles. And in 2014, Glendale was in a tricky spot. The city’s natural-gas plant was old. The City Council faced a decision that would impact the municipality for decades to come: revamp the 252-megawatt gas plant or find local alternatives?

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Spotlight

General Fusion

General Fusion is developing fusion energy: a safe, limitless, clean, emission-free, and cost-competitive alternative for power generation. Established in 2002, General Fusion is supported by a global syndicate of leading energy venture capital funds, industry leaders, and technology pioneers.

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