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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 GW running on coal.

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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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How to Start a Solar Farm Business and Max Your Income

Hydrogen Fuel News

As the surge in renewable energy initiatives continues to redefine the landscape of energy production, solar farming has emerged as a beacon of sustainable income and environmental stewardship. This exploration seeks to illuminate the path toward a greener future and a prosperous venture in the realm of solar energy.

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US energy department announces $1.3bn transmission buildout

Smart Energy International

The US Department of Energy (DOE) announced up to a $1.3 billion commitment in three transmission lines crossing six states, advancing projects aimed at adding 3.5GW of additional grid capacity throughout the United States. Construction is expected to start in Q1 of calendar year 2025.

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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. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday! 

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How Geothermal Energy Might Be the Answer to Energy Eating Heatwaves

GreenTech Gazette

But some experts claim that unprecedented “extended heatwaves” are causing significant strain on the nation’s aging energy grid. However, one clean alternative to dirty fuels is becoming popular among green-minded people and traditional fuel proponents alike: geothermal energy. National Demand Expected to Grow.

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$10.5 billion programme for US grid upgrades launched

Smart Energy International

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid. The funding, previously announced and now combined in the Grid Resilience and Innovation Partnership programme, is allocated in three parts – $2.5