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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

That means Southern Company intends to keep building new natural gas power plants to meet its supply needs, even as it grows its renewable energy portfolio from 9 gigawatts today to about 14 GW by 2024. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. 💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation.

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Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

Monday’s new contracts includes 585 megawatts of lithium-ion batteries: NextEra Energy’s 325-MW Desert Peak project, Recurrent Energy’s 200-MW Crimson project, and 174 Power Global / Hanwha Group’s 60-MW Eldorado Valley project.

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? Uranium prices go nuclear #181

Climate Tech VC

  Maybe it was Barbenheimer, but nuclear is in for 2024. Nuclear was in the doldrums for years following Fukushima, with few new plants planned and stagnant investment in new uranium mines and enrichment facilities. At COP28 , 30 nations vowed to triple global nuclear energy production by 2050. Not a subscriber yet?

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  Ammonia demand for fertilizer and other existing uses by IEA scenario (Source: IEA ) Shipping fuel: Maritime shipping, which accounts for 3% of CO2 emissions, is betting big on ammonia. EV fleet and reinvest in gasoline cars, citing low demand and high repair costs for EVs. of global emissions.