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Biden’s Hydrogen Tax Credit Policy Sparks Shifts in Energy Sector

Hydrogen Fuel News

Yesterday, the Biden administration made a significant move towards a sustainable energy future with the introduction of a new hydrogen tax credit policy and the hydrogen roadmap. However, this policy shift may also have substantial implications for the nuclear industry.

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Think tank outlines possible clean energy industrial strategy for the UK

Envirotec Magazine

Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department.

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Virginia Mandates 100% Clean Power by 2050

GreenTechMedia

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2050, as well as setting targets for massive investments in energy efficiency, energy storage and in-state solar and wind power. ” Wind and solar energy to expand, with more third-party options.

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

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

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WoodMac: Wind, Solar and Storage to Dominate Europe’s Power Grid by 2030

GreenTechMedia

Europe's power system will look very different in 2030, with energy storage supporting the “dominance” of wind and solar generation, according to new research from Wood Mackenzie. Only the final three of the quartet are likely to be the focus of new investment. The big five European markets — Germany, U.K.,

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Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. ” RAB: Nuclear's next top model? When the U.K.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

Then, beginning around 2009, first wind turbines and then solar photovoltaic panels decreased enough in cost to become competitive in electricity markets. will need to nearly triple its 2020 growth rate for the grid to be 80% powered by clean energy by 2030. is headed in that direction. in 2020, according to BloombergNEF data.