Sun.May 12, 2024

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Australian fossil fuel producer subsidies jump 31 pct to $14.5 billion

Renew Economy

Government subsidies to fossil fuel producers have risen sharply in the past year, triggering calls for the Commonwealth to scrap the concessions. The post Australian fossil fuel producer subsidies jump 31 pct to $14.5 billion appeared first on RenewEconomy.

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Historic Solar Storm Spurs PJM to Extend Geomagnetic Disturbance Warning

POWER Magazine

Grid operator PJM Interconnection has issued a geomagnetic disturbance (GMD) warning after observing “persistent geomagnetically induced current (GIC) at multiple stations” late on Friday. PJM initially issued a GMD warning […] The post Historic Solar Storm Spurs PJM to Extend Geomagnetic Disturbance Warning appeared first on POWER Magazine.

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Harmony on the grid: Wind, solar and battery projects made to pay for sins they could not commit

Renew Economy

Expensive filters imposed on wind, solar and battery projects weakened rather than strengthened the grid. Politicians want to make the same mistake with their obsession for "baseload". The post Harmony on the grid: Wind, solar and battery projects made to pay for sins they could not commit appeared first on RenewEconomy.

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Delaware waste trucks to push power back into the grid

Smart Energy International

US-based Evergreen Waste Services has taken delivery of the first of five ordered Mack LR Electric models, planning to use bi-directional charging when available during off-peak hours and push power back to the power grid during peak hours. According to the company in a release, the announcement marks the battery-electric vehicle (BEV) as the first fully electric Class 8 refuse vehicle in operation in the State of Delaware.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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A rule change on transmission losses for wind and solar farms could save billions for consumers

Renew Economy

A ruling that effectively charges wind and solar farms for twice actual transmission losses represents a large risk to developers of new generation assets, and consumers. The post A rule change on transmission losses for wind and solar farms could save billions for consumers appeared first on RenewEconomy.

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Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals

The Guardian: Energy

Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe The world’s big banks have handed nearly $7tn (£5.6tn) in funding to the fossil fuel industry since the Paris agreement to limit carbon emissions, according to research. In 2016, after talks in Paris, 196 countries signed an agreement to limit global heating as a result of carbon emissions to at most 2C above preindustrial levels, with an ideal limit of 1.5C to prevent the worst impacts

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Alora Baby aims to push baby gear away from the ‘landfill economy’

TechCrunch: Climate

Alora Baby is not just aiming to manufacture baby cribs in an environmentally friendly way but is attempting to overhaul the whole lifecycle of a product © 2024 TechCrunch. All rights reserved. For personal use only.

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NSW seeks a gigawatt of long duration storage, and access rights to 4GW in new renewable zone

Renew Economy

The next tender for long duration storage and the first auction of access rights to one of the state's biggest renewable energy zones will commence this month. The post NSW seeks a gigawatt of long duration storage, and access rights to 4GW in new renewable zone appeared first on RenewEconomy.

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AutoGreenCharge app to decarbonise electric vehicle charging

Smart Energy International

AutoGreenCharge has been introduced by Energy Web as a decentralised application for auto and charging companies and electric vehicle (EV) drivers to decarbonise e-mobility. The intent of AutoGreenCharge is to calculate the sustainability of charging sessions and match the non-renewable portion with verified energy attribute certificates. In 2023, electric vehicles used approximately 110TWh of electricity – comparable to the annual electricity consumption of the Netherlands – and this figure is

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French nuclear giant taps CSIRO spinout Hadean to build an electrolyser demo

Renew Economy

Hadean wins a grant for a UK project backed by French nuclear giant EDF, and follows a separate demo project at Port Kembla this year. The post French nuclear giant taps CSIRO spinout Hadean to build an electrolyser demo appeared first on RenewEconomy.

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Electrofuels Are the Future: The Driving Force to Decarbonizing Heavy Transport

Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium

With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit. Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossil fuels.

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US shale companies accused of collusion over oil price

Financial Times: Energy

Wave of class action lawsuits come after regulators claim the industry conspired to curb production

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Terrestrial Energy Inks MOU with Schneider Electric for Data Centers

Energy Central

Terrestrial Energy Inks MOU with Schneider Electric for Data Centers Posted on May 11, 2024 by djysrv Terrestrial Energy Inks MOU with Schneider Electric for Data Centers OPG Expects Nuclear Construction on 1st SMR to Start in 2025 Aalo Atomics and DOE sign Siting MOU at INL NANO Nuclear Energy Announces Initial Public Offering Radiant Inks MOU with Idaho.

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Big US banks dominated fossil fuel financing in 2023, campaign report says

Financial Times: Energy

Trends show increase in funding for companies examining expansion of LNG capacity

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Why Fact Checking of Audacious Claims About Nuclear Power Projects is Important

Energy Central

Note to readers - This past month has seen a flurry of sometimes fluffy press releases about startups, IPOs, and other kinds of investments in nuclear energy as well as P.T. Barnum type publicity stunts related to startups. None of this is a surprise in any industry that is on the cusp of potentially rapid growth. I originally posted a short version of this essay on Linkedin a few months.

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AR/VR Simulations for Sustainable, Regenerative, Circular Cities

Speaker: Nik Gowing, Brenda Laurel, Sheridan Tatsuno, Archie Kasnet, and Bruce Armstrong Taylor

With 191 country signatories to the Paris Climate Agreement now hard at work in the race to zero carbon by 2050, much of the heavy lifting in ecosystem sustainability falls on the shoulders of the world's densely populated urban centers. This conversation considers how today's AI-enabled simulation media, such as AR/VR, can be effectively applied to accelerate learning, understanding, training, and solutions-modeling to sustainability planning and design.

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The EU should call time on Russian LNG imports

Financial Times: Energy

With one more careful push, the bloc could wean itself off Moscow’s gas entirely

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Ecosystem restoration: Climbing the social-ecological ladder of restoration ambition

Ideas 4 Sustainability

Ecosystem restoration is the process of assisting the recovery of an ecosystem that has been damaged, degraded or destroyed, mostly due to human activities. Restoration activities hold immense promise for addressing pressing environmental challenges such as biodiversity loss or climate change.

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Reasons to be cheerful about corporate climate targets

Financial Times: Energy

Investors might think they impede returns but FT research shows they do not mean underperformance

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'Getting smashed': World's avocado growing regions could shrink by 40 per cent by 2050

Business Green

Christian Aid report claims leading avocado growing regions in Mexico, Spain, South Africa, Burundi, and Chile are being 'smashed' by climate impacts

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How Digital Transformation will Bend the Curve of the Linear Economy Toward the Circular

Speaker: Bruce Armstrong Taylor, Co-Founder & Managing Director of SmartNations Foundation, Jimmy Jia, Venture Partner at Pi Labs, Fabienne Durand, Senior Advisor to the SmartNations Foundation, & Roger Strukhoff, Executive Director of the Tau Institute

The Climate 4.0 Economy. Climate change is here. We see it in many ways already. Weather catastrophes: Texas freezing over, the wildfires of California, the increasingly unpredictable violence and frequency of hurricanes, the rapid melting and disappearance of polar ice caps. Much more evidence all around us. What can we do in our corporate organizations, in our homes and communities, to change the current course?

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Scottish port redevelopment gets under way after £100mn credit injection

Financial Times: Energy

Ardersier near Inverness aims to become distribution hub for North Sea wind power

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Oklo Inc. Begins Trading on the NYSE

Energy Central

Oklo Inc. (NYSE: OKLO), a developer of an advanced micro reactor and nuclear fuel recycling company, will begin trading on the New York Stock Exchange (NYSE) under the new ticker symbol “OKLO,” effective at market open 05/10/24. This milestone follows the completion of its business combination with AltC Acquisition Corp. on 05/09/24. Oklo has received $306 million in gross.

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CBI: 'Ambitious' tax reforms can help UK achieve net zero and drive £57bn in green growth

Business Green

CBI proposes new innovation credit, lower corporation tax rates on clean tech profits, and enhanced super-deduction rate to catalyse green investment

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IADC Geothermal Committee - Well classification system under development at recently formed IADC Geothermal Committee

Global Renewable News

By Stephen Whitfield, Senior EditorAs drilling contractors continue to learn about and help to scale geothermal drilling, IADC is looking to facilitate that process. The IADC Geothermal Committee.

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Could solar radiation management cool the planet? FT Rethink

Financial Times: Energy

One of the more niche climate cooling solutions, SRM works on the principle that the Earth can be cooled by reflecting some of the Sun’s rays back into space.

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Ontario - Province Refurbishing Hydroelectric Station in Cornwall

Global Renewable News

The Ontario government is supporting Ontario Power Generation's (OPG) plan to refurbish its R.H. Saunders Generating Station in Cornwall, the second largest hydroelectric station in Ontario. This.

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Study: Record winter rain could cut UK food self-sufficiency by almost 10 per cent

Business Green

ECIU claims poor yields caused by extreme winter weather are set to cut UK self-sufficiency across all farming sectors

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Enbridge Inc. - Enbridge Publishes 23rd Annual Sustainability ReportCompany outlines progress across environment, social and governance priorities

Global Renewable News

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today (May 10) published its 2023 Sustainability Report. This report provides an overview of the Company's strategy and approach on.

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Climate change hardly a burning issue for Indian voters

Eco-Business

The expectation for Indian politicians to 'be with the people' now encompasses standing with them through their lived experiences of climate change.

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New York Power Authority - DCAS, NYPA Complete $17 Million LED Lighting Installation at New York City Police Department FacilitiesMore than 37,000 state-of-the-art LED lights were installed 67 NYPD facilities across all five boroughs, yielding $750,000 in annual savings

Global Renewable News

The New York City Department of Citywide Administrative Services (DCAS) and the New York Power Authority (NYPA) today announced the completed installation of energy-efficient LED lights at N.

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Imperilled by ocean acidification: Senegal’s shellfish sector

Eco-Business

Climate change is altering the chemistry of West African waters, and local harvesters are paying the price.

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Eaton - Eaton advances more resilient, sustainable electricity in New York City with energy storage projects valued at more than $7 million

Global Renewable News

Intelligent power management company Eaton is helping Endurant Energy deploy 10 battery storage projects in New York City. With a combined capacity exceeding 150-megawatt hours (MWh), the energy stora.

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Ethiopia Shows Us Just How Fast The Transition To Electric Mobility Can Happen In Africa

CleanTechnica

Like a lot of countries on the African continent, Ethiopia has an exceptionally low motorisation rate. Ethiopia has a population of 126 million people, but the total number of vehicles registered in Ethiopia is around 1.2 million. Most of these vehicles are over 20 years old. According to reports and. [continued] The post Ethiopia Shows Us Just How Fast The Transition To Electric Mobility Can Happen In Africa appeared first on CleanTechnica.

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Canadian Renewable Energy Association - CanREA members successful in Ontario energy storage RFP

Global Renewable News

The Canadian Renewable Energy Association (CanREA) wishes to congratulate seven member companies who have been selected by Ontario's Independent Electricity System Operator (IESO) as part of the p.

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BP Casts Covetous Eyes On Tesla Supercharger Assets

CleanTechnica

As Tesla disrupts its own Supercharger network, other companies like BP and EVgo are seeing new opportunities. The post BP Casts Covetous Eyes On Tesla Supercharger Assets appeared first on CleanTechnica.