"'A lack of transmission capacity is the biggest barrier to the continued growth of the renewable industry,' said David Mindham, director of regulatory affairs for EDP Renewables North America. 'The proposed reforms will remove these barriers, creating thousands of new American manufacturing jobs and supporting local economies.'"
"As vice chair of the Conservative Climate Caucus and Chairman of the House Energy and Commerce Committee’s Subcommittee on Environment, Manufacturing, and Critical Materials, I, Congressman Carter, have seen an increased appetite for innovative energy solutions from my fellow Republicans. We know that clean energy will be integral in growing American energy dominance and addressing the environmental challenges that our world faces. We can do this in an all-of-the-above way, without sacrificing the reliability and affordability that fossil fuel sources have given us for generations."
"Green Hydrogen International, a company planning a cavern project in South Texas, estimates it would take around 38,500 Tesla Megapacks—a type of battery popular for large-scale utility installations—at an estimated cost of $59 billion to store the amount of energy it is hoping to keep in its caverns, which it estimates will cost $150 million to make."
"But one of Biden’s major pitches for the IRA — that it will help the American economy and U.S. workers — doesn’t seem to be resonating. According to the poll, only about 2 in 10 Americans say the law has done more to help the U.S. economy, while about one-quarter think it’s done more to hurt the economy, and about half think it either made no difference or don’t know enough to say."
"Ten commercial partners have joined the accelerator, including retailers Amazon, Ikea, Target and Whole Foods, as well as the Los Angeles Unified School District. They’ve promised to be early adopters, and may well be test beds for heat-pump prototypes, though they haven’t yet made any firm commitments as to how many newly developed offerings they’ll purchase, Vargas told Canary Media."
"The Department must take steps to better align with industry to advance its technology demonstration mission while protecting U.S. intellectual property from foreign adversaries. One way it can do this is to prioritize the permitting process for DOE-awarded projects. Absent a commitment from DOE to expedite permitting, many of these projects will encounter avoidable delays, jeopardizing potential investment and ultimately succumbing to the 'Valley of Death.' While projects will potentially require permits from a dozen agencies, the DOE will be on the receiving end of Congressional scrutiny should they miss key milestones."
"The aim is to bolster Chevron's main oil and gas businesses; help its multi-billion dollar diversification in areas like carbon capture and hydrogen; and create future opportunities in emerging tech."
"In many places, upgrading power lines with advanced conductors could nearly double the capacity of existing transmission corridors at less than half the cost of building new lines, researchers found. If utilities began deploying advanced conductors on a nationwide scale — replacing thousands of miles of wires — they could add four times as much transmission capacity by 2035 as they are currently on pace to do."
"Fox wants to do something about those emissions with his startup, Partanna Global Inc. He’s the co-founder and chief executive officer of the company, which has offices in the Bahamas. They make concrete by swapping out cement for a proprietary mix containing blast-furnace slag from steel-making, or materials with similar properties, such as volcanic ash. Then they add brine, which is fluid waste from desalination plants, and aggregate, or crushed rocks. The process requires no fossil-fuel burning or analogous emissions from cooking limestone, the company says. Once set, the material absorbs some CO2, flipping the cement equation on its head."
"Founded in 2017, Toyota Ventures began as Toyota AI Ventures, a subsidiary of the Toyota Research Institute. It rebranded to its current name in 2021, when Toyota committed an additional $300 million to the arm. In addition to Toyota Ventures, Toyota operates Woven Capital, a startup investment arm targeting 'growth-stage' ventures in automation and clean energy. Woven’s six portfolio companies include AI and machine learning startup Nuro, which has raised over $2 billion from investors including SoftBank, Baillie Gifford, Fidelity, Greylock and Tiger Global."
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