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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.

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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. Under the law, Dominion Virginia and the smaller Appalachian Power Co. Retreat from natural gas not enough for environmental advocates.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer.

Hydrogen 130
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Sage Geosystems Unveils Results of Energy Storage System Pilot

Solar Industry

Results show the technology is cost-competitive with lithium-ion batteries, pumped storage hydropower and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries. Sage Geosystems Inc. ,

Energy 105
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Sage reports successful results of underground energy storage pilot

ThinkGeoEnergy

Further, the results show Sage’s technology is cost-competitive with lithium-ion batteries, pumped storage hydropower, and natural gas peaker plants. Calculated LCOS that is cost-competitive to pumped storage hydropower and lithium-ion batteries.

Energy 59
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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

wide transmission build-out could also slash the costs of reaching a zero-carbon grid with wind, solar and battery technologies that are cost-effective today. All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added.

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Biden’s proposed increase in solar power would remake the US electricity system

Renewable Energy World

The rest would come mostly from a mix of other low- or zero-carbon sources, including wind, nuclear, hydropower, biopower, geothermal and combustion turbines run on zero-carbon synthetic fuels such as hydrogen. One advantage solar power has over many other low-carbon technologies is that most of the U.S. power grid.