Alternative and sustainable energy
‘The most dumb thing’: Elon Musk dismisses hydrogen as tool for energy storage
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” Jim Watson | AFP | Getty Images Tesla CEO […]
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VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is planning to resurrect the iconic “Scout” brand as an electric vehicle in the United States. In a report late Tuesday, the Wall Street Journal […]
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Goldman strategist: This sector has been ‘unduly’ punished and could be a buy right now
Sharon Bell, a senior strategist at Goldman Sachs, has shared her favorite sectors after this week’s market madness. Source
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Ice cream freezers to get ‘warmed up’ in trial by Ben & Jerry’s owner
According to Unilever, the industry standard for freezer temperatures in many markets stands at minus 18 degrees Celsius (around 0 degrees Fahrenheit). The temperature of freezers in the trials will be minus 12 degrees Celsius. Chris Ratcliffe | Bloomberg | Getty Images Unilever — which owns brands including Ben & Jerry’s, Magnum and Wall’s — […]
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Scientists are hoping to grow coral reefs at the base of wind turbines in Taiwan
Alongside their natural beauty, coral reefs have an important role to play in the natural world. According to the National Oceanic and Atmospheric Administration, around one quarter of the ocean’s fish rely on healthy coral reefs. Reinhard Dirscherl | Ullstein Bild | Getty Images Danish energy firm Orsted is to trial growing corals on the […]
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World’s second-largest hydropower plant set for 14-year upgrade after deal with GE
Straddling the border between Brazil and Paraguay, Itaipu commenced electricity production in 1984. The technological upgrades being planned for the site are set to take 14 years. Tifonimages | Istock | Getty Images GE Renewable Energy has signed a deal that will see it carry out upgrades to the 14 gigawatt Itaipu hydropower plant, a vast […]
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Volkswagen is prolonging its use of coal due to Russian energy ‘threat’
Covering an area of 6.5 million square meters, VW’s huge manufacturing facility in Wolfsburg uses two cogeneration plants that provide it with heat and power. Krisztian Bocsi | Bloomberg | Getty Images The CEO of Volkswagen told CNBC Wednesday that the German automotive giant was keeping its options open in terms of how it powers […]
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SpaceX is expanding the solar farm at its South Texas launch facility
SpaceX’s Starbase facility in Boca Chica, Texas. Michael Sheetz | CNBC SpaceX is expanding the solar farm at its Starbase in Boca Chica, Texas, according to documents obtained by CNBC from the U.S. Fish and Wildlife Service. The FWS documents, known as a draft biological conference and opinion (BCO), reveal that SpaceX is increasing the […]
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India’s green hydrogen rush lures companies but hurdles remain
Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, at his residence in March. Hindustan Times | Hindustan Times | Getty Images The sun’s searing heat can be punishing on summer […]
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Prime Minister Boris Johnson says the UK will build one new nuclear plant a year
As Europe looks to move away from dependence on Russian energy, U.K. Prime Minister Boris Johnson said nuclear power needs to play a larger role. Nuclear power is “absolutely crucial to weaning us off fossil fuels, including Russian oil and gas,” Johnson said during a visit to England’s Hartlepool nuclear power station on Monday. “Instead […]
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