"If implemented, the new plants — which would only be used in emergency situations — would be built in two phases over a decade given permitting and supply chain constraints, according to slides of a new study shared by the Lower Colorado River Authority. The potential cost risks derailing Republicans’ plans to overhaul a grid increasingly reliant on renewable energy with fossil fuel plants."

Jinjoo Lee of The Wall Street Journal reports on the oil and gas industry’s investments in geothermal energy. “Small geothermal investments are an uncomplicated green boost for the oil-and-gas industry today. A true breakthrough could bring the fossil-fuel industry’s deeper existential questions to the surface.” Read the full article here.

"Other benefits highlighted by the report are SMRs’ flexible power output levels that allow developersto match the output of a retiring coal plant and capacity restrictions of equipment, unlike the fixed capacity of traditional nuclear plants. And SMRs require small areas, making its footprint suitable for replacing a retiring coal plant, according to the report."

"Willow has earned ConocoPhillips scorn from environmental groups, who say the project will emit climate-warming greenhouse gases for decades. But it has found support among some Alaska Natives’ associations, local politicians and the Alaska delegation in Congress. Proponents say that Willow could generate local, state and federal revenue of up to $17 billion and create more than 2,000 construction jobs and 300 permanent jobs."

"'This is the kind of project we’ve been working towards for decades and fits with our overall climate focus,' said Battelle Energy and Resilience Division Manager Shawn Bennett. 'Direct Air Capture technology is an important bridge to a future that greatly reduces the amount of legacy carbon dioxide in our atmosphere. But in addition to that, Project Cypress will be developed to the benefit of the local community, maximizing local job opportunities for the energy transition.'"

"On Wednesday, Windfall Bio is revealing its mission to the public for the first time and announcing a $9 million round of funding from venture firm Mayfield, with participation from other investors, including Bill Gates’ Breakthrough Energy Ventures."

The steelmaker has also invested in other companies adjacent to or crucial to the steelmaking industry, including LanzaTech, which makes carbon-capture tech, and Form Energy, which specializes in long-duration energy storage."

"Geothermal plants provide a steady, on-demand source of electricity, known as dispatchable generation. They pump steam or hot water from wells hundreds or thousands of feet underground to power turbines. Some leaders think such projects will complement wind and solar farms, whose production can vary based on weather conditions or the time of day."