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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. billion in late 2019 to about $2.7

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

GreenTechMedia

utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. That’s because those plants provide critical flexibility to meet peaks in grid demand and deliver power when wind and solar resources may not be reliably producing enough to meet customers’ needs.

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? Getting in tune with power markets

Climate Tech VC

Distributed Energy Resources) Tale of two markets Power markets broadly break down into day-ahead and real-time categories: Day-ahead markets: Market participants such as utilities can buy and sell wholesale electricity one day before the operating day producing an initial settlement.   Transmission Grids come in all shapes and sizes.

Demand 72
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? Copper’s the new gold rush #184

Climate Tech VC

While the 49ers didn’t strike gold at the Superbowl, last week a Bay Area startup struck copper in Zambia.    KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition. 

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

🔑 Climate tech startups hit key milestones - including but not limited to - Fervo’s FOAK enhanced geothermal project operational in Nevada, Brimstone’s third-party approval of its carbon-negative cement, and Heirloom’s first commercial DAC plant. Key market supply and demand indicators ended the year down.

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NYPA, Environmental Justice Groups to Work Together on Peaker Plant Replacements

GreenTechMedia

At the same time, New York City faces a shortage of transmission capacity to meet its peak grid demands, and NYPA’s units may become more valuable for meeting those needs as older plants face retirement, Quiniones said. More recent decisions have replaced new California gas plants with clean energy portfolios.

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Can EDF Make Big Money in Small-Scale Renewables?

GreenTechMedia

The world’s leading nuclear power generator is betting big on a future of small-scale, distributed energy. Électricité de France operates 58 nuclear reactors in its home country and owns stakes in several U.S. nuclear plants that it's now moving to sell. — notably Shell, EDF and Enel.