article thumbnail

What’s the Role for New Nuclear Power in the Fight Against Climate Change?

GreenTechMedia

Small modular reactors (SMRs) — nuclear reactors using novel technologies to fit into much smaller and mass-producible packages than the behemoth nuclear power plants of today — are presented as a way of rapidly decarbonizing the grid in the face of an ever more pressing need to meet climate targets.

article thumbnail

Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

GreenTechMedia

Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The key lesson from the Ukraine crisis? Shifting to net zero is more important than ever

Business Green

The good news is that the UK has already made some important progress in building a non-fossil-fuel based power system, with over 60 per cent of electricity demand met by renewables and nuclear power in February 2022 and renewables alone having provided around 40 per cent of the UK's electricity demand in the last two years.

article thumbnail

An Inside Look at a Groundbreaking Solar-Storage Procurement in California

GreenTechMedia

First, it’s one of the largest-ever efforts to aggregate distributed energy resources (DERs) at a scale that can help California’s power grid meet its capacity needs. EBCE has done some advance work to prepare for integrating DERs at grid scale, Ross said. It breaks ground on multiple fronts.

article thumbnail

Looking for Fixes to What Broke the Texas Power Grid

GreenTechMedia

After a week of the country’s worst power grid collapse in decades — an event that's taken a dreadful toll in dozens of lives lost and billions of dollars in economic damage — the lights are back on in Texas.