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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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Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. Fervo Energy and Google’s next-generation, 3.5-MW

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10 Predictions for the Solar and Storage Market in the 2020s

GreenTechMedia

As more home and business owners deploy PV systems to reduce their electricity bills and ensure backup power, simple net metering will increasingly be replaced by time-of-use rates and other billing mechanisms that aim to align power prices with utility costs. Standards will evolve. Reputation will matter.

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Lessons from inside the heat dome about the future of the electric grid

GreenBiz

Lessons from inside the heat dome about the future of the electric grid. Heatwaves are a double whammy for the electrical grid. The combination of the hot weather and the increased energy running along wires go beyond what they were built to endure. Even without extreme weather events, the power grid needs love.

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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. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday! 

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Energy Provisions In The Inflation Reduction Act

R-Squared Energy

Let’s discuss the energy provisions in the bill. Before reading through the bill, I like to get a feel for the kinds of energy programs it addresses. Before reading through the bill, I like to get a feel for the kinds of energy programs it addresses. 1 billion grant program to make affordable housing more energy efficient.

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? Methane monitoring goes stratospheric #185

Climate Tech VC

Responsible for nearly a third of global warming and a quarter of global energy, methane matters.   In deals this week $145m for lithium extraction, $52m for methane emissions detection, and $40m for sustainable aviation fuel.   In January, Longpath secured a $189m conditional US Department of Energy loan guarantee.