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Technology Trending: Mg-ion batteries, hydrogen innovation lab, landfill methane for Bitcoin mining

Smart Energy International

A new advance opening the way for Mg-ion batteries, protections for birds around networks, Enel Green Power’s Sicily hydrogen lab and a plan to power Bitcoin mining with methane from landfills are in the technology radar. Out with lithium, in with magnesium. Landfill methane for Bitcoin mining. Now with funding of $4.3

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Why Flexible Gas Generation Must Be Part of Deep Decarbonization

GreenTechMedia

“They are donating all of this electricity they paid highly for in subsidies to other countries, often with negative prices,” said Jussi Heikkinen, director of growth and development for the Americas at Wärtsilä, a Finnish company that manufactures battery storage and flexible gas power plants.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation. 100B of deals went down in the Permian basin and Shell abandoned a $100M per year carbon credit pipeline.

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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.     🌱 Vizcab , a Lyon, France-based carbon impact analysis software developer, raised $6M in Series A funding from Kompas Ventures and Cemex Ventures.  

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Exxon Holds Back on CCS

Mr. Sustainability

The largest carbon capture and storage project in the world has been delayed indefinitely due to Covid-19 Summary - Exxon has postponed development of the ‘LaBarge Carbon Capture and Storage’ project in Wyoming due to Covid-19. It contains natural gas, helium, and carbon dioxide.