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Electrification gets down to the wire

GreenBiz

It’s a shockingly heady time for electricity. The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Subscribe here. Surge protection.

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The ‘why’ and ‘how’ of carbon capture technology for buildings

Envirotec Magazine

The Power-to-X unit being demonstrated. Soletair Power (Finland) has developed a seemingly unique solution for extracting carbon dioxide (CO2) from building ventilation systems to help achieve carbon net zero and even carbon negative building projects. Are carbon-negative buildings possible?

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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 largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt

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Vestas Ventures Makes First Investment With Wooden Tower Stake

GreenTechMedia

Wind turbine market leader Vestas has revealed the first investment made by its venture fund with a stake in Swedish wooden wind tower start-up Modvion. As well as being lighter, the modular nature means transporting the towers to the construction sites is far easier. A 38-meter prototype has been installed already.

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Smart Energy Finances: Shell’s EV network acquisition and energy investment megatrends

Smart Energy International

This week’s edition of Smart Energy Finances looks at Shell USA Inc., which has reaffirmed its march into the Electric Vehicle (EV) arena with the acquisition of EV network developer Volta Inc. The survey found the energy sector to be a dominant area for investment, specifically energy security, renewables and EVS/batteries.

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Biomass Energy: Pros and Cons Explained

Hydrogen Fuel News

As the quest for sustainable energy intensifies, biomass emerges as a pivotal player in the arena of renewable resources. This exploration into the realm of biomass energy untangles the complexities and delves into its multifaceted nature, uncovering the potential of plant-based and waste-derived materials as alternative sources of power.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.