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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals

GreenTechMedia

billion in new wind and solar investments in the next 12 months and is outlining plans for electric vehicle charging, energy storage and green hydrogen production pilot programs to meet its goal to reach net-zero carbon emissions by 2050. billion, five-year capital investment plan from the multistate utility.

Carbon 130
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How ‘green’ are electric cars?

Renewable Energy World

For every car on our roads to be zero emission by 2050, just under double the current total annual world cobalt production, 75% of the world’s lithium production and at least 50% of the world’s copper production would be required. Lithium mining. Lithium extraction in salt flats in Bolivia uses millions of litres of water.

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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.

Batteries 130
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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation. ☢️ US nuclear power saw mixed results.

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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.

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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

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. Today, it is natural gas; tomorrow, it could be something else, such as lithium," he reflected.

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? 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!