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NuScale’s Federal Safety Approval Moves US Modular Nuclear Reactors a Step Closer to Reality

GreenTechMedia

Small-scale modular nuclear reactors have gone from being a technology that’s always a decade away from being built to one that may actually enter into commercial production in the next decade. That’s a critical step for the Portland, Oregon-based company’s plans to build its first commercial systems.

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Is Load shedding the solution?

Smart Energy International

When the electric grid is under strain, many electric utilities use the load shedding technique to lower demand and balance it with energy production. The idea is to turn off the power supply to certain areas on a cyclical basis, for example, two hours ON, then two hours OFF. The actual power gap now exceeds 8GW.

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How Europe’s Energy Sector Is Responding to the Coronavirus

GreenTechMedia

Europe's electricity giants are grappling with the demanding challenge of safeguarding staff, keeping the lights on and contributing to the relief effort — all while rolling ahead with their own energy transition plans. “Industrial and commercial customers are consuming noticeably less energy.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. 💪 Climate joined the labor movement.

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Crypto mining and data centres – the green challenge

Smart Energy International

Crypto mining and data centres are two sides of the same coin when it comes to energy use and management – but the similarity divides. Crypto mining operations and data centres are both in essence banks of IT systems – energy hungry with the demand for round-the-clock computation and the necessary cooling. Renewable energies.

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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!  Manufacturing.