If ever there was a year for clean energy development to slow, this year seems to be a good fit, but surging prices, supply chain bottlenecks, and global energy market upheaval have not managed to slow renewables down. At the end of 2022, the ascendancy of clean energy appears to be as unstoppable as it is undeniable.
Seattle startup has a climate friendly solution to the sticky problem of petroleum-based adhesives
"Nvirovate launched in May 2021 and recently landed $850,000 in angel investments from two clean-tech focused investors — VertueLab and E8 Angels — as well as Diversified Chemical Technologies; Willamette University; Keeler Investments; Family Angel Management Fund; and an individual investor."
Redwood Materials To Supply Cathodes For Panasonic’s Kansas EV Battery Plant
“'The cathode material is roughly 15% of the cost of an EV. It's a phenomenally impactful component that isn't very well understood. Overall, the battery supply chain accounts for maybe 20% to 25% of the cost of an EV,' Straubel said. 'This is a really meaningful and monetarily significant step toward launching this industry in the U.S.'”
Inflation’s next victim: U.S. offshore wind projects
"Many developers bid aggressively in state auctions to win those contracts but are now locked into agreements that didn’t account for rising costs, said Sam Huntington, director of North American power and renewables at S&P Global Commodity Insights."
Here’s why gas prices will remain high after the midterm elections
“'On a global level, the 15 million barrels equates to a few hours’ worth of consumption,” [Loris] said. 'That’s not really going to move the needle on prices at the pump, especially because the market is already anticipating the release of the reserves.'”
An Oil Export Ban Would Backfire, Warn Experts
As Biden scrambles to keep energy from rising, some have suggested that his administration consider banning crude oil exports. Doing so would be misguided and impose more economic harm on American families by curtailing supply and driving prices at the pump higher.
Palm oil is in almost everything, and it’s devastating rainforests. This Bill Gates-backed company used microbes to create an alternative
"To make its palm oil alternative, C16 Biosciences uses a wild type yeast microbe that makes a functional equivalent to palm oil with a kind of fermentation process. And fermentation — which is what has been used to make wine, beer and cheese for ages — is a 'really, really robust, scalable process,' Heller said."
Wall Street Firm Makes a $1.8 Billion Bet on Forest Carbon Offsets
"The 56 properties are mainly hardwood forest and range from Michigan’s Upper Peninsula down to Louisiana’s Atchafalaya Basin, over to the Apalachicola River in Florida, up through Appalachia and to New York’s Adirondack Mountains."
Energy prices threaten Mass. offshore wind project
Heather Richards writes in E&E News about an offshore wind project that is being threatened by high energy prices. “A Massachusetts offshore wind farm says it may not be viable without changes to a power contract with the state, citing escalating global energy costs and a supply chain crisis that could chill the fledgling market...
Ascend Elements raises $200 million to recycle EV batteries
"A study by UC Davis researchers found that recycling could meet up to 11% of lithium demand by 2035. Plus up to 18% for cobalt and 17% for nickel. Another white paper, from the International Council on Clean Transportation, concluded that 90% of critical materials needed for EV batteries could be sourced via recycling by 2040."
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