Despite an unclear income picture, the US government is investing in nuclear energy. While many criticize Biden for subsidizing a business with such high expenses when the funds might be used to grow the renewable energy sector, the state insists that this is a vital step to fulfill net-zero ambitions and bridge the energy transition …
U.S. Attempts to Reach Its net-zero Ambitions via Nuclear Energy Read More »
Mining cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at a variety of technologies to power their operations, including unique geothermal energy approaches. One of the most recent is a service from RenewaBit, a California-based renewable energy firm that has partnered with CeraPhi Energy, a Houston, Texas-based company, to create geothermal energy …
With energy expenses on the rise again from April, homeowners in the U.K. are looking to the sky to attempt to alleviate the strain on their wallets — by installing solar panels. The new modification to the regulator’s default tariff ceiling implies that the average annual dual-fuel payment will rise to £1,971 (2,355 EUR) from …
Solar Panels Demand in UK Rises amid Skyrocketing Energy Prices Read More »
Livestock activities generate waste, which must be disposed of in some way. Animal dung is a wonderful fertilizer, but it also emits methane, which is classified as a greenhouse gas. However, a California-based entrepreneur sees value in that methane and wants to assist farmers in tapping into that market, farmprogress.com writes. WasteFuel Agriculture was unveiled …
California-Based Startup Sees Value in Waste-to-Energy Read More »
Renewable energy stocks soared as oil prices were momentarily above $100, with Russia’s invasion of Ukraine bolstering the case for building renewable energy capacity, according to observers. Light crude oil prices were up around 2% Thursday afternoon, just shy of $94 per barrel, after reaching $100 earlier in the day. Stocks fell generally, with the …
Russian Invasion Has Boosted The Value of Renewable Energy Stocks Read More »
The Middle East has made significant investments in solar power and other renewable energy technologies in recent years. Between 2010 and 2020, renewable energy output in the region quadrupled to 40GW, and it is expected to double again by 2024. Given that the Middle East has among of the world’s greatest petrochemical reserves and is …
The Middle East’s Upcoming Renewable Energy Revolution Read More »
Form Energy, a U.S. startup, is creating rust-powered batteries, claiming that its low-cost, long-duration technology can store energy created by renewable solar and wind and release it back onto the grid when the sun doesn’t shine and the wind doesn’t blow. The method is based on oxidation, sometimes known as rusting, an electro-chemical process. When …
Rusting Batteries May Be Used to Power The Electric Grid of The Future Read More »
Prior to the Fukushima accident, nuclear power accounted for about 30% of Japan’s energy mix, but it has subsequently fallen to only 6.2 percent. Japan is aiming to revitalize its nuclear sector, seeing it as a critical component of its net-zero goals. Japan is the world’s second-largest LNG importer, and if it does not lessen …
According to research released by the International Energy Agency, governments throughout the world are vastly underestimating the quantity of methane released into the environment as a result of energy production. According to the agency’s annual Global Methane Tracker, emissions from the energy industry are almost 70% higher than what national governments have officially recorded. According …
Energy-Related Methane Emissions are Vastly Underestimated Read More »
The United Kingdom’s government has offered to finance the installation of innovative renewable energy storage technology in the country. As part of this strategy, the government has given £6.7 million ($9 million) to 24 projects around the nation through the Longer Duration Energy Storage (LODES) competition, totaling £68 million ($91 million). The funds will be …
UK to Fund Renewable Energy Storage Technologies Read More »
