Category: Energy

1. New car registrations in the UK rose 10.4% in March 2024, marking the 20th consecutive month of growth. 2. The increase was mainly driven by fleet investment, while weak private retail demand was constrained by economic factors. 3. Industry calls for EV incentives to boost market share and help consumers transition to zero-emission vehicles.…

– Kamala Harris and Michael Regan announced $20bn clean energy funding package – Money from Greenhouse Gas Reduction Fund will go towards national financing network – Eight organisations selected to oversee spending of the $20bn package, prioritizing projects in low-income communities US Vice President Kamala Harris and EPA Administrator Michael Regan announced a $20 billion…

1. LRE completed the 200-MW Horizon Solar Project in Frio County, Texas for Verizon. 2. The project will avoid greenhouse gas emissions equivalent to powering 1.2 million Texan households. 3. LRE implemented sustainable land management practices, including sheep grazing and biodiversity management, at Horizon Solar. Leeward Renewable Energy (LRE) has completed construction and started operating…

– Long interconnection queue affecting adding new generating facilities – FERC Order 2023 aims to simplify interconnection process – Including ATTs in studies can reduce costs, uncertainties, and accelerate interconnection queue In recent years, the lengthy interconnection queue for new generating facilities in the U.S. has been a major obstacle to grid expansion due to…

– Prime Batteries’ BESS unit will charge and discharge based on production levels and was produced locally – EIT InnoEnergy CEO praised Prime for winning a major contract with locally developed solutions – Prime Batteries CEO announced plans to increase the project to 216MWh by 2025, making it one of the largest in Europe Prime…

– Study conducted by French DSO, VINCI Autoroutes, and six European manufacturers found heavy EV roaming charging will require €630 million in infrastructure investment – Charging heavy goods vehicles alone could consume 3.5TWh/year by 2035, requiring 1.1GW peak power demand – Recommendations include establishing a shared roadmap, regulatory mechanisms, and incentive measures to encourage private…

– Globeleq’s Red Sands project awarded preferred bidder status in South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme. – Red Sands project in the Northern Cape will be the largest standalone battery energy storage system in Africa. – Estimated to cost approximately US$300 million and take 24 months to construct, Globeleq’s first large…

1. Hyundai and Kia are moving forward in the electric car market with a commitment to 15 battery-electric models by 2030. 2. Kia’s PBV platform offers modular design and interchangeable upper bodies for different uses such as robotaxis and delivery vehicles. 3. Kia plans to launch the Kia PV5 in 2025 as part of a…

1. NIA applies for justification decision for Newcleo’s Lead Fast Reactor for clean, firm, and flexible power production. 2. Lead-cooled fast reactor design aims to increase efficiency, reduce costs, and enhance safety compared to pressurized systems. 3. Government funds X-Energy and Cavendish Nuclear for plans to build 40 advanced modular reactors that could generate 3.2GW…

– $19.5 million from President Biden’s Investing in America Agenda allocated for solar panels in irrigation canals – $15 million awarded to San Luis & Delta-Mendota Water Authority for Delta-Mendota Canal Floating Solar Project in California – Projects in California, Oregon, and Utah funded by the Inflation Reduction Act to study and implement solar panels…