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Drax Cancels Plan to Build Europe’s Largest Natural Gas Power Plant

GreenTechMedia

gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s climate change laws. ’s largest power plant. Plans for a new 3.6-gigawatt

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How Phoenix Contact’s e-mobility infrastructure is shaping charging technology

Charged

Phoenix Contact’s core business areas include device connectors, industrial components and electronics, and industry management and automation. . Phoenix Contact’s longevity, expertise and investment in the all-electric society positions them as an expert on electric mobility market trends and behaviors.

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Why AI and Distributed Energy are Quietly Rescuing the Grid

AutoGrid

In an era where artificial intelligence (AI) is impacting our lives across nearly every domain imaginable, its importance in the power systems sector cannot be overstated. Orchestrating armies of diverse, decentralized DERs poses significant challenges for power providers, utilities and other grid operators.

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US Department of Energy announces $3.5bn for grid resilience

Smart Energy International

In its biggest investment in the nation’s grid, the White House announced a $3.46 billion investment for 58 projects across 44 states to strengthen electric grid resilience and reliability, invest in microgrids and enable more renewable energy generation across America.

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The incredible shrinking heat pump

The Verge: Energy

The heat pump replaced a radiator — those rattling, hissing things that are hallmarks of most old buildings in New York City. So far, the state has purchased 30,000 of them for New York City’s public housing as part of its plan to tackle climate change. It can sit on a sill and plug into a wall like a window AC unit.

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

It’s not often that we have a chance to savor a history-making win on the climate change front. The $370B in climate provisions in the Inflation Reduction Act — the biggest climate bill ever passed — provides such a moment. Allume Energy , Transcend ). What We Love: Building Community Capacity.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Winners include manufacturing, up 133% from 2022, and emerging climate technologies that saw a whopping 10x jump to $4.3bn. Energy & industry. Happy Monday!  of dollars put to work.