Category: Energy
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New York State Allocates $16 Million for Advancement of Clean Hydrogen Technology
– New York Gov. Kathy Hochul announced over $16 million in funding for clean hydrogen innovation through the Hydrogen and Clean Fuel Program, administered by NYSERDA. – The funding will support research, development, and demonstration projects for clean hydrogen in various applications, with a focus on reducing emissions and creating clean energy jobs. – Applications…
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Strategies Utilities are Employing to Prepare for and Reduce Risks of Extreme Weather Events
1. Climate scientists declared 2023 as the hottest year on record, with each month from June to December breaking temperature records. 2. NASA researchers predict that extreme weather events, largely caused by climate change, will become more frequent and severe, leading to challenges for power grids worldwide. 3. Michael Levy, a consultant at Baringa, is…
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EDP and Rondo Energy introduce new industrial heat solution
1. Rondo ‘Heat Batteries’ convert intermittent electric power from renewable sources into continuous high-temperature heat. 2. Rondo Energy plans to increase the annual production of its ‘Heat Batteries’ to 90GWh by June 2023. 3. EDP and Rondo Energy have partnered to develop wind and solar parks in order to offer commercial and industrial customers renewable…
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Investment in Europe’s grid reaching unprecedented levels
1. German and Dutch utilities report record finance results for 2023 2. Utilities in Europe are investing heavily in grid infrastructure 3. Despite record investments, more is needed to address grid congestion and customer connection requests Europe’s power grid system is in need of significant investment due to the increasing pace of interconnected renewables being…
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“HT1 project concludes with implementation of updated UK consenting process”
– HT1 project exploring hydrogen production on offshore wind farms and transportation to shore is concluding – Project aided in creating a new regulatory regime for offshore hydrogen transportation and storage in the UK – Vattenfall will continue to explore fossil fuel-free hydrogen production as part of the energy transition The HT1 Project, which focused…
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Revel and Uber Join Forces to Expand EV Fast Charging Infrastructure in Ride-Share Industry
1. Revel partners with Uber to expand EV infrastructure in the US. 2. Uber commits to utilizing Revel’s fast charging stations in exchange for discounts for drivers. 3. Uber drivers in New York City will receive up to 25% off charging fees at Revel stations. Revel, a 100% electric ride-share startup, partnered with Uber to…
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Germany launches new nuclear fusion funding initiative
– Germany’s Federal Ministry of Education and Research is launching a funding program for nuclear fusion research – Fusion research is supported by institutions like the Max Plank Institute for Plasma Physics, the Karlsruhe Institute of Technology and the Research Centre Jülich – The aim is to construct Germany’s first fusion power plant by 2040,…
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Fronius extends solar inverter warranties to 12 years
1. Fronius USA has increased the warranty duration for new Fronius solar inverter installations from 10 years to 12 years. 2. Customers can receive the two additional years of warranty by registering their new inverter online through Solar.web. 3. Customers also have the option to extend their warranty beyond 12 years by purchasing annual warranty…
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Record Low Prices for U.S. Natural Gas Despite High Supplies
1. Winter heating season ending with high natural gas inventories blamed on reduced consumption in residential and commercial sectors. 2. Low natural gas prices with Henry Hub spot price at record low of $1.72/MMBtu in February, expected to remain below $2.00/MMBtu in 2Q24. 3. Forecast for strong increases in solar electricity generation in 2024 and…
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Morrow Discusses ESS Gigafactory’s Ramp-Up and European Competitiveness
1. Morrow primarily sells lithium iron phosphate cells to system integrators in the energy storage system market, targeting smaller companies emphasizing sustainability and independence from Chinese supply chains. 2. The company plans to explore production of LNMO batteries to reduce reliance on Chinese supply chains for cathode active material. 3. Morrow is considering strategic partnerships…