"The proposed rate design requires approval from the North Carolina Utilities Commission. If regulators approve it, the rates would go into effect for new net metering customers applying in 2023. The parties to the agreement requested expeditious action from North Carolina regulators based on the directives of legislation like HB 951."
Jennifer Hiller of The Wall Street Journal reports on a nuclear fusion startup. “Nuclear fusion has long been the holy grail of the energy world. Fusion is the process of generating energy by melding atoms. Current nuclear power plants create energy through nuclear fission, or splitting atoms. Fusion has the potential to create nearly limitless energy...
"Intensity doesn't measure total greenhouse gas emissions, but Exxon expects the combined targets to reduce absolute emissions by roughly 20%."
"BattGenie is a University of Washington spinoff that has developed software to goose the performance of lithium batteries that power electrical vehicles, consumer devices and other electronics. The software helps optimize fast recharging while extending the life of batteries."
"Using a combustor and turbine supplied by Toshiba Corp., the test facility captures and recycles the CO2 produced by gas-fired combustion — instead of steam — to generate electricity. Remaining CO2 can either be stored underground in geological formations or used for other industrial processes."
Steven Chu and Ernest Moiz, two former Secretaries of Energy under the Obama administration, write in The Los Angeles Times on the importance of Diablo Canyon and nuclear energy. “The challenges here in California and globally are bigger than ever and the window of opportunity to mitigate climate change is closing fast. Extending the license...
"Beyond that, Nissan is investing more than $1 billion in solid-state batteries, which will replace the liquid electrolyte used in current lithium-ion batteries with a solid one. That technology allows batteries to be lighter and safer, Nissan said. The car maker aims to have its version in production by 2028."
"To make matters worse, the slow recovery of oil production in the U.S. has allowed two loathsome regimes, one that chops up journalists and another that poisons dissidents, to effectively set the current world price of petroleum. However, the pricing power wielded by OPEC+ may not last too much longer since the good news is that the number of oil rigs drilling in the U.S. is rising and reached 563 this past week."
"The alliance, whose members also include Microsoft Corp., Walmart Inc., Amazon.com Inc. and General Motors Co., is specifically seeking to channel financial support to clean energy options such as long-term batteries, geothermal energy, hydrogen fuels, hydropower installations on existing dams, CO2 capture from gas-fired power plants and new nuclear reactor projects to help jump-start these technologies."
“'It takes 10 years of selection after that initial cross pollination, and it might take two to five years before enough commercial evaluation has taken place to release a new potato variety,' Porter said."
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