Alternative and sustainable energy
Why thermal batteries could replace lithium-ion batteries for energy storage
Thermal batteries could transform renewable energy storage and provide a cheaper and scalable alternative to lithium-ion technology. “Intermittent wind and solar power are becoming the cheapest forms of energy that humans have ever known, and all kinds of energy storage is now being used to harness that, to drive transportation, to drive the electricity grid,” […]
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Are we any closer to a greener future? Leaders weigh in at the world’s largest energy event
Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. “It just goes to show how difficult it is to change the energy mix. That’s not because companies aren’t making their efforts and progress isn’t being made. It’s because it takes time,” said Lorenzo Simonelli, chairman and CEO […]
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The big Trump losers: These stocks could have an overhang for a while
Stocks may be in rally mode after former President Donald Trump’s election victory, but not every sector is poised to get a lift. The major averages rallied to new highs Wednesday as NBC News projected a defeat of Trump’s rival, Vice President Kamala Harris . The Dow Jones Industrial Average surged more than 1,300 points, […]
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Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency
German company Lilium produces flying electric passenger drones. Lilium German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a startup once touted as Europe’s best chance at building the 21st-century equivalent of “cars” that can […]
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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms […]
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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms […]
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Google inks deal with nuclear company as data center power demand surges
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today. Josh Edelson | AFP | Getty Images Google said Monday that it will purchase power from small modular reactor developer Kairos Power, […]
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China says it filed an appeal to WTO over Canada’s tariffs on EVs and metals
Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. Zhao Qirui | VCG | Visual China Group | Getty Images China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the […]
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States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Key Points The Inflation Reduction Act created two consumer rebate programs tied to energy efficiency. They’re respectively worth up to $8,000 and $14,000 for consumers, depending on criteria like income and specific efficiency-related upgrades or purchases. Arizona, Maine, New York, New Mexico, Rhode Island and Wisconsin started rolling out their rebate programs. Many others have […]
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Indian public sector firm NTPC’s green energy arm files for $1.2 billion IPO
This photograph taken on April 6, 2022, shows a general view of the National Thermal Power Corporation (NTPC) plant in Dadri. The mounds of jet-black coal shimmering under the afternoon sun at the Dadri power plant are a raw illustration of India’s coal dependence — a habit that despite increasing pressure, the country is finding […]
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