Remove Hydrogen Remove Investment Remove Nuclear Power Remove Power grid
article thumbnail

What’s the Role for New Nuclear Power in the Fight Against Climate Change?

GreenTechMedia

Small modular reactors (SMRs) — nuclear reactors using novel technologies to fit into much smaller and mass-producible packages than the behemoth nuclear power plants of today — are presented as a way of rapidly decarbonizing the grid in the face of an ever more pressing need to meet climate targets.

article thumbnail

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come. million metric tons of hydrogen per year, with an estimated value of about $17.6

Hydrogen 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

Another record year for renewables saw clean power sources overtake fossil fuels on Britain's grid for the first time in 2020, but new nuclear and emerging technologies such as hydrogen and bioenergy carbon capture and storage are likely to be required to deliver a fully decarbonised energy system.

article thumbnail

Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

Business Green

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

article thumbnail

Can Joe Biden Decarbonize The U.S. Power Sector By 2035?

R-Squared Energy

We’re going to make a major investment to build 1.5 He didn’t mention nuclear power or carbon sequestration in this speech, but his website does mention them among four specific goals designed to decarbonize the power sector. Biden’s plan calls for: Grid-scale storage at one-tenth the cost of lithium-ion batteries.

article thumbnail

? US clean investment cleans up with $239bn #187

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

article thumbnail

How to build a net zero power system: Seven top takeaways from the CCC's green grid blueprint

Business Green

But underneath the bonnet of that central contention, there is a huge amount of important and knotty details contained in the CCC's 130-page assessment that present major implications for policy, investment, and green business. Moreover, for climate and energy security reasons, a net zero power grid is essentially non-negotiable.