article thumbnail

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.

article thumbnail

Global gas squeeze highlights need for security of supply – report

Smart Energy International

The International Energy Agency (IEA) says global natural gas consumption rebounded by 4.6% in 2021, more than double the decline seen in the gas market in 2020. Last year closed with record high spot prices for gas in Europe and Asia, as the natural gas supply remained constricted.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Unilever, Starbucks are founding members in venture to turn food waste into energy

Business Green

The promise of renewable natural gas is a sustainability win that has been financially and logistically out of reach for even the largest companies. Vanguard Renewables created the Farm Powered Strategic Alliance to start delivering on this promise for its founding members Unilever, Starbucks and Dairy Farmers of America.

Waste 56
article thumbnail

Microgrid laboratory enables asset testing within diverse configurations

Smart Energy International

The centre allows for the configuration, integration and testing of power system technologies, including battery storage systems , diesel and natural gas generator sets, photovoltaic (PV) solar panels , fuel cells, transfer switches, switchgear and system-level controls. Microgrid lab layout.

article thumbnail

Greentown Go Make 2022 with Mitsubishi Corporation (Americas) Announces Startup Cohort Focused on Supply Chain Decarbonization

Greentown Labs

Cranford, NJ, USA): Cost-competitive carbon-negative monoethylene glycol using today’s grid electricity. ? As the largest climatetech startup incubator in North America, Greentown Labs brings together startups, corporates, investors, policymakers, and many others with a focus on scaling climate solutions.

article thumbnail

? Blackrock’s $550M DAC bet #174

Climate Tech VC

Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy. Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B

article thumbnail

New Report Highlights Pesticides’ Overlooked Climate Connection

DeSmogBlog

Not only do pesticides directly contribute to the climate crisis, but a changing climate is likely to intensify pressure from agricultural pests and decrease plant resiliency, resulting in greater pesticide usage and therefore further greenhouse gas emissions, according to a new report.