Category: Energy
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Is the Offshore Wind Industry Meeting Expectations for 2024?
1. TGS has released a comprehensive Market Overview Report on the global offshore wind industry for 2024, building on insights from the previous year. 2. The report highlights a healthy offtake auction schedule for 2024, with 32.9 GW of capacity set to be included globally, and notes a surge in corporate power purchase agreements. 3.…
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BYD aims to compete with Toyota and Volkswagen through new price reduction strategy
1. BYD is aggressively cutting prices on electric vehicles to make them more affordable and attract customers away from traditional automakers. 2. The price war in China’s auto market is intensifying, with new energy vehicles accounting for a growing percentage of sales. 3. BYD aims to challenge Tesla and other legacy automakers by offering cheaper…
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The US Allocates $6 Billion to Support Industrial Decarbonization and Electrification
– US DOE announces a $6bn federal funding package for decarbonisation of 33 industrial projects across 20 states – Funding will come from President Biden’s Infrastructure Law and focus on highest emitting industries like steel, paper, concrete, and glass making – Projects include electrification of industrial processes, introduction of hydrogen-based technology, and aim to cut…
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DOE awards $10 million for enhanced large-scale renewable energy permitting procedures
– US DOE announced up to $22 million to improve planning for large-scale renewable energy facilities – $10 million will fund six state-based projects through the R-STEP program – Second round of funding up to $12 million from the Inflation Reduction Act planned for future projects to support clean energy deployment. The U.S. Department of…
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Remote Monitoring is Essential for Effective Asset Management
– Developments in communication technology provide utilities the ability to monitor assets, analyze alarms, and control power generation facilities remotely – Remote monitoring is important for extending asset lifespan, reducing maintenance costs, and preventing sudden failures – Cybersecurity concerns associated with remote monitoring include susceptibility to cyber threats and the need to bolster defenses to…
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Atlas and COPEC finalize agreement for 200MW/800MWh BESS in Chile
1. Atlas Renewable Energy signed a 15-year deal with EMOAC for a BESS project in Chile. 2. The company has already contracted 5.2GW of renewable capacity in Latin America. 3. The Chilean storage sector is expanding with new projects, in line with government aims to meet 70% of energy demand from renewables by 2030. Atlas…
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Climate Action Minister Habeck warns that Nationalism poses a threat to energy transition.
1. Dr. Robert Habeck warns that nationalism is a threat to climate action and the energy transition. 2. Climate action is crucial for social stability and prosperity, particularly in developing countries like Africa and India. 3. The Berlin Energy Transition Dialogue focuses on implementing concrete solutions for tripling renewable energy capacity by 2030. Dr. Robert…
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Italian company RPC makes its first investment in Italy
– RPC and Altea Green Power have entered a development partnership for 1 GW of battery energy storage in Italy – RPC adds Italy to its European storage pipeline, which now stands at more than 5.5 GW – The partnership aims to achieve ready-to-build status for the pipeline in the next 2-4 years, with potential…
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The role of electric vehicles in restoring the Salton Sea
1. Sign up for daily news updates from CleanTechnica on email or follow on Google News. 2. Water is a significant cleantech issue, especially in the western United States. 3. Efforts are being made to address water misallocation issues, with EVs playing a role in the restoration of California’s Salton Sea. Water management is a…
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Kenya outlines strategy for its inaugural nuclear power plant
– Kenya aims to construct its first nuclear power plant by 2034 – NuPEA’s 2023-2027 Strategic Plan focuses on nuclear infrastructure development, stakeholder engagement, and energy research – The agency estimates a budget of Ks36.2bn ($273m) to implement the plan’s initiatives Kenya’s Nuclear Power and Energy Agency (NuPEA) has launched a strategic plan to guide…