Renewable power generation
Biden’s Inflation Reduction Act helps make inexperienced hydrogen worthwhile at scale, Goldman Sachs states
Hydrogen storage tanks photographed in Spain on May possibly 19, 2022. Hydrogen has a various variety of purposes and can be deployed in a large assortment of industries. Angel Garcia | Bloomberg | Getty Pictures The United States’ Inflation Reduction Act signifies a “turning point” when it comes to the economics of systems these types […]
Read More
After decades as a nuclear powerhouse, France makes its play in offshore wind
This image, from Sept. 2022, shows French President Emmanuel Macron speaking with workers on board a boat during a visit to the Saint-Nazaire Offshore Wind Farm. Stephane Mahe | AFP | Getty Images A facility described as “France’s first commercial-scale offshore wind project” is fully operational, multinational utility EDF said this week. The news represents […]
Read More
A wave-powered prototype device is aiming to produce drinking water from the ocean
Ocean Oasis’ Gaia system has been designed to use wave power to desalinate water. Ocean Oasis Plans to use marine energy to desalinate water received a further boost this week, after a Norwegian firm presented a system that will be put through its paces in waters off Gran Canaria. In a statement Monday, Oslo-headquartered Ocean […]
Read More
The energy transition will fail unless industry fixes wind power issues, Siemens Energy CEO says
Wind turbine blades photographed at a Siemens Gamesa facility in Hull, England, in January 2022. Paul Ellis | AFP | Getty Images The CEO of Siemens Energy on Wednesday argued that the energy transition would fail unless his industry addressed a number of issues currently facing the wind power sector. In an interview with CNBC’s […]
Read More
IEA says clean strength expense may perhaps exceed $2 trillion a 12 months by 2030 — but it truly is not adequate
Wind turbines photographed off the coast of Wales. Thoroughly clean vitality investment decision could be on system to exceed $2 trillion for every 12 months by 2030, according to the Global Electricity Company. Ben Birchall | PA Photos | Getty Photos Cleanse vitality investment could be on program to exceed $2 trillion for each calendar […]
Read More
How ethereum’s merge made crypto mining much more sustainable
Following a long time of anticipation, the cryptocurrency ethereum last but not least carried out a key network enhance that fully improvements how the blockchain verifies transactions, mints new cash and secures its network. Identified as evidence-of-stake, this technique has reduced ethereum’s electricity use by far more than 99%. Strength use has been a single […]
Read More
U.S. to deliver hundreds of thousands in funding for tidal electricity and river latest techniques
Though there is excitement about the prospective of renewable technologies this sort of as tidal electricity, there are difficulties when it will come to scaling up. Laro Pilartes / 500Px | 500Px | Getty Illustrations or photos The U.S. Department of Energy mentioned $35 million in funding would be manufactured available “to advance tidal and […]
Read More
A new four-year project will test the viability of large-scale wave energy in Europe
This image shows waters off the coast of Orkney, an archipelago north of the Scottish mainland that’s home to the European Marine Energy Centre. Capchure | Moment | Getty Images A 19.6 million euro (around $19.3 million) initiative centered around commercializing large-scale wave energy projects will be officially launched later on Wednesday, in a move […]
Read More
Green hydrogen corridor aims to harness Spanish sunshine and decarbonize Europe’s industrial north
In a statement Tuesday, the Port of Rotterdam Authority’s CEO, Allard Castelein, said northwest Europe used “far more energy than it can produce in a sustainable way.” Eschcollection | Stone | Getty Images Madrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop “the first green hydrogen corridor between southern […]
Read More
United Airlines is aiming to have electric planes flying by 2030
An United Airlines seen at LaGuardia International Airport in New York. Adam Jeffery | CNBC United Airlines is aiming to have electric aircraft flying regional routes by the end of the decade, part of the company’s goal to fully reduce its carbon footprint to net zero by 2050. Those battery-powered aircraft are being developed by Swedish […]
Read More