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Con Edison Contracts Its Biggest Battery to Date in New York City

GreenTechMedia

New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the years to come.

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

GreenTechMedia

Much like Duke Energy, however, Southern Company faces wintertime peak electricity demands for heating that are difficult to meet with lithium-ion battery-backed intermittent renewables. Department of Energy.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium.

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

It argued that investments in renewables, energy efficiency, and smart grid solutions should be at the heart of any response to the crisis, noting how these green investments will enable nations to drastically reduce their reliance on polluting and volatile fossil fuel markets.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

In the summer of 1988, scientist James Hansen testified to Congress that carbon dioxide from burning fossil fuels was dangerously warming the planet. The original foundation was a combination of “base load” coal plants that operated 24 hours a day and large-scale hydropower. However, new nuclear plants in the U.S.

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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added. The big question for studies like these is how their findings might be translated into action in expanding the U.S. transmission grid.

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Duke Energy Will Play ‘Pivotal Role’ in North Carolina Clean Energy Debate, CEO Says

GreenTechMedia

The IRP’s base-case scenario, set to reduce emissions by 50 percent to 55 percent by 2030 through new renewables and retiring its roughly 10,000 megawatts of coal-fired power plants, can be done “under existing statutes,” Good stated. ” Duke's decarbonization plans haven't been embraced by all stakeholders.