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How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

GreenTechMedia

Duke Energy’s options for reaching net-zero carbon by midcentury will look a lot different than those being pursued by utilities in the sun-soaked Western U.S., Some of those pathways move more dramatically toward closing coal plants or halting new natural gas power plants. Solar energy's winter doldrums.

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Storing Energy in the Freezer: Long-Duration Thermal Storage Comes of Age

GreenTechMedia

Jason Dreisbach fields at least half a dozen calls every week from people trying to sell him a technology to lower his energy costs. Cold storage — from frozen food warehouses to grocery and restaurant refrigeration — has one of the highest energy costs of any industry; energy expenditures are usually second only to payroll.

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Greentown Labs Member Milestones — November 2022

Greentown Labs

Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Department of Energy to extract nickel and magnesium from mining waste. seed round.

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Ice Energy, Thermal Storage Evangelist, Files for Bankruptcy

GreenTechMedia

Ice Energy filed for Chapter 7 bankruptcy in December, in a setback for small-scale thermal energy storage. Ice Energy wanted to extend it to small businesses and homes. Ice Energy filed for bankruptcy with the Central District of California on December 17; the filing scheduled a meeting of creditors for January 27.

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Interview – Celsius Energy and decarbonizing buildings using shallow geothermal systems

ThinkGeoEnergy

Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. With global temperatures rising, the need for cooling is expected to increase dramatically in the next few years. Heating and cooling buildings is 80% of that energy used.

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? CTVC’s guide to NYCW #163

Climate Tech VC

In the news this week, $7T for fossil fuel subsidies, the summer brings more tropical storms, and Equinor opens the world’s largest floating wind farm… to power oil drilling. for Northvolt to build energy storage, $100M for direct lithium extraction, and $60M for heat batteries. Thanks for reading!

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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.