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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. (As 3 ways to bring wind and solar into the grid.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

electricity sector by 2035, and the cost imperatives of U.S. The report gives some of its worst marks to some of the biggest utilities with net-zero carbon by 2050 goals, including FirstEnergy , Duke Energy , Dominion Energy and utilities operated by Southern Company. And only two — Northern Indiana Public Service Co.

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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. Winners include manufacturing, up 133% from 2022, and emerging climate technologies that saw a whopping 10x jump to $4.3bn. Energy & industry. Happy Monday!  of dollars put to work.  

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Nuclear question: Are new avenues opening up for the UK's hydrogen roadmap?

Business Green

The energy industry's interest in low carbon hydrogen is building fast, and the nuclear industry reckons it could yet have a crucial role to play. There may be on-going debates about how best to use hydrogen - should it be deployed to heat buildings, provide energy storage, decarbonise heavy industry, or fuel trains and planes?

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Fuelling the transition: How investors can really move the dial on sustainable energy

Business Green

With the global need for action more pressing than ever, the strategy and conference have called for a complete rebuilding of the energy system, with renewable energy set to play a central role. We're still a long way from securing a sustainable energy system that consistently meets our needs while we make the transition to net zero.

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? H2 hubba, hubba #170

Climate Tech VC

The Biden administration announced $7B for 7 hydrogen fuel hubs to lay the track for the US’s hydrogen 2030 goal. ⚡ Perch Energy , a Boston, MA-based community and retail solar platform, raised $30M in Series B funding from Nuveen.   Of course, the news marches on.

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? Old nuclear, new-clear #161

Climate Tech VC

The US grid got its first new nuclear power in nearly seven years last week. Plant Vogtle began commercial operations from the first of two new reactors, but the over-budget and years-delayed project could be the last hurrah for big nuclear construction in America. Happy Monday! Not a subscriber yet?