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Pacific Gas & Electric is asking state regulators to approve another massive round of energy storage procurements, including its first large-scale contract for behind-the-meter batteries to serve grid needs. gigawatt-hours, of energy storage projects. The 15-year agreement calls for Nexus Renewables U.S.,
New York is struggling with the country’s worst coronavirus outbreak, but it’s also pushing ahead on its ambitious clean energy goals. Take GridRewards, a program launched last week by community choice aggregator Sustainable Westchester and building energy software and demand response provider Logical Buildings.
Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.
Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition. Demand side measures. Image: GridBeyond.
Last summer’s record heat waves triggered a surge in powerdemand that maxed out supplies and led to outages across the West. California and other states are pushing to use clean electricity to power vehicles and buildings to cut carbon, which will increase demand. ROOT CAUSES.
Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department. Why industrial strategy?
West pushed electricitydemand past available supply, and problems with California’s resource adequacy program and market practices for ensuring adequate grid capacity failed to correct the imbalance. Simply put, the heat waves that blanketed the U.S.
The IEA’s Electricity 2024 report records electricitydemand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2%
Europe's electricity giants are grappling with the demanding challenge of safeguarding staff, keeping the lights on and contributing to the relief effort — all while rolling ahead with their own energy transition plans. “Industrial and commercial customers are consuming noticeably less energy. In the U.K.,
Early this month, three community-choice aggregators and one municipal utility serving much of California’s San Francisco Bay Area launched a 30-megawatt distributed energy storage-plus-solar solicitation. Half of the new systems are to come from single-family homes, and the other half from multifamily and small commercial customers.
The world’s leading nuclearpower generator is betting big on a future of small-scale, distributed energy. Électricité de France operates 58 nuclear reactors in its home country and owns stakes in several U.S. nuclear plants that it's now moving to sell. Without their own U.S.-based
When the electric grid is under strain, many electric utilities use the load shedding technique to lower demand and balance it with energy production. The idea is to turn off the power supply to certain areas on a cyclical basis, for example, two hours ON, then two hours OFF. The actual power gap now exceeds 8GW.
This not only discourages domestic firms from relocating but also suppresses the effects of carbon border taxes by effectively equalizing carbon prices for both domestic and foreign producers in the home market. Market Expansion: With the CBAM in place, there may be an increased demand for green hydrogen in Europe.
The Energy Crunch of Tech Giants and Why Hydrogen Could Hold the Key The tech worlds relentless growth has fueled both innovation and a race for energy. But meeting these energy needs isnt as simple as flipping a switch, especially with the electric grid showing signs of strain.
Liz Truss, Rishi Sunak and Downing Street face mounting pressure to ramp up support for energy efficiency and billpayers as autumn draws nearer. Britain's cost of living crisis is getting worse, leaving people scared about how they'll get through the winter," said Starmer.
Charged ’s home state of Florida is something of an EV hotspot—there are an estimated 58,000 electric vehicles in the Sunshine State, and according to the DOE, Florida has the third-largest number of charging stations in the US, behind only California and New York. of Florida’s electricalenergy).
Energy security and net zero requires a rethink of the way energy consumed and used. But what policies do experts think shuold feature to the government’s upcoming Energy Security Strategy and Spring Statement? It was a glaring omission.
With more workers staying at home during the current Covid-19 crisis, automated electricity generation is taking up the strain, writes Ed Birkett. As the number of coronavirus cases in the UK continues to rise, more workers are forced into self-isolation and even more are advised to stay at home.
Examples include energy engineers, environmental attorneys, urban planners, water resource engineers, wildlife conservationists and environmental researchers. Energy Manager. Energy managers focus on the operations and functions that require power. Project Leader, Program Manager.
Latest round of reports on long-overdue energy independence plan suggest Number 10 and 11 continue to be at loggerheads over the cost of actions that could protect consumers from record energy bills.
Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.
Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Come on in, the water’s warm!
Examples include energy engineers, environmental attorneys, urban planners, water resource engineers, wildlife conservationists and environmental researchers. Energy Manager. Energy managers focus on the operations and functions that require power. Project Leader, Program Manager.
Doubling clean power capacity additions from 40GW to 80GW each year could drive down costs, bills, emissions and geopolitical risk, according to new analysis from Wärtsilä.
After all, the Net Zero Review - or Mission Zero, as it is officially titled - does not demand a revolutionary overhaul of government policy backed by a blank cheque from the Treasury to spur on decarbonisation efforts. Similarly, legislation should ensure all new non-domestic buildings must achieve an EPC rating of B from 2025.
.” The Ohio and Pennsylvania advocacy groups sent the Austin Master samples to Marco Kaltofen, a nuclear forensics scientist in Massachusetts who has extensive experience examining radioactive waste from the nuclear weapons, nuclearpower generation, and oil and gas industries.
But the promise of streamlining the planning process may also offer a much-needed boost for major low carbon energy projects such as nuclearpower plants and offshore wind farms. New Investment Zones will bring business investment and release land for new homes in communities across the country.
But players across the green economy were quick to point out the government's package of policies and tax changes was notably bereft of focus on three other critical 'E's that are planks of a prosperous economy: environment, energy, and efficiency. Here, BusinessGreen rounds up all of the reaction from the green economy.
Big Tech is going nuclear, with big news in small modular reactors. We’re diving into Amazon’s new deal with X-energy, where it’s paying prime for next decade delivery. Amazon will also lead the $500m C-1 round of X-energy, which is developing High Temperature Gas-cooled Reactors (HTGR) SMRs.
Ship Orders Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the world’s first clean ammonia-powered container ship. Saudi Arabian ACWA Power outlined a $4bn green hydrogen and ammonia facility in Egypt that could produce up to 600,000 tons of green ammonia per year.
Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals. Of that, about $7.8
KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition. Demand The most critical of energy transition minerals. Demand is on the rise.
This week, we’ve continued to be reminded of the horror of continued loss, and the import and cost of defending one’s home. 🏠 myenergi , a Market Rasen, UK-based eco-smart home management platform, raised $37M in Growth funding from Energy Impact Partners. Terrorism is wrong.
Giddy up — we’re going carbon cowboy this week with a deep dive into CarbonCapture’s decision to suspend its planned DAC facility, Project Bison, amid competition for clean energy from data centers. Plus, the US powers ahead with $7bn for rural electrification. It’s also about the infrastructure.
In deals, $59m for nuclearenergy across two deals, $50m for Perovskite-silicon hybrid solar panels, and $30m for DAC. Bridging the natural gas turbine gap Amid record data center-fueled powerdemand projections and the White House’s “energy abundance” agenda, 2025 was set to be the year of natural gas.
We’ve just returned from Texas, where CERAWeek — the "Super Bowl of Energy" — brought together the biggest players in oil, gas, finance, and policy. In deals, $40m in specialty chemicals manufacturing, $28m in direct air carbon capture, and $28m in grid power storage. Full transcript here.)
February 2021 Cleantech Roundup: Climate Software Gold Rush | Lone Star State Struggles | Jobs and the Energy Transition Credit: Poole Group This month, we’re covering the rush of investing into startups that quantify, manage, and verify carbon emissions reductions, Texas’ grid troubles, new research on transitioning fossil fuel workers, and more!
The US grid got its first new nuclearpower in nearly seven years last week. Plant Vogtle began commercial operations from the first of two new reactors, but the over-budget and years-delayed project could be the last hurrah for big nuclear construction in America. Happy Monday! Not a subscriber yet?
A handful of new announcements from Exxon, Shell, Google, and more show how emerging clean firm technologies are scaling up to power the sector. In deals, $600m in data centers, $44 in lithium-ion energy storage and $35m in drone monitoring. What happened? Chevron’s CEO also said that the company has similar plans.
per cent in 2019, largely thanks to the ongoing decarbonisation of the heat and power industry through the bloc's emissions trading system (ETS), European Environment Agency (EEA) shows. Greenhouse gas emissions across the European Union's 27 member states fell by an average of 3.8 France seeks culture change towards plant-based diets.
In other news, Elon Musk's potential influence on environmental policy; clean energy stocks fell after the election news; and climate policy momentum in local and state elections. In deals, $552m in renewable energy development, $340m in battery cell manufacturing, and $27m in mobile energy storage.
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