"In the past, oil-and-gas entrepreneurs who closed one drilling venture often started another. Today, money has gotten tight for many new fossil-fuel projects in the U.S. as the productivity of wells wanes and climate-conscious investors shy away, industry executives say. Although many big fossil-fuel companies are spending billions on acquisitions to increase production, the amount of money private investors are committing to funds that invest in oil-and gas-related assets has roughly halved so far this year versus a recent peak of $102 billion in 2016, according to investment data tracker Preqin."

"A spokesperson for MISO said the grid operator 'concurs with NERC’s key conclusions and recommendations,' and is taking steps to address potential resource shortfalls. A new seasonal resource adequacy construct, changes to resource accreditation, development of a long-range transmission plan and adoption of a reliability-based demand curve will help, they said."

"The industry is racing to develop SMRs — new types of advanced nuclear reactors that have a power capacity of 300MW or less, which is about a third of standard facilities. Governments and private investors — including Rolls-Royce, GE and Hitachi — have spent billions of dollars to commercialise the technology over the past decade."

"KOKO hints at why there is excitement about carbon markets. The African Carbon Markets Initiative (ACMI), a UN-backed consortium, reckons that Africa uses just 2% of its annual carbon-credit potential; it aims for Africa to sell $100bn worth of credits a year by 2050. Even a fraction of that would be a boon for a continent where annual foreign direct investment has never surpassed $80bn. William Ruto, Kenya’s president, calls carbon credits an “unparalleled economic gold mine” and his country’s “next significant export”. Yet, as is often the case with Africa and its natural resources, things could go wrong."

"The big question, as always, is what happens next. BNEF’s energy storage team expects prices to closely follow the trajectory of raw material prices. We’re projecting pack costs will fall to $133/kWh next year in real 2023 terms. In the long-term, based on the same learning rate as the previous year, battery pack prices are expected to fall below $100/kWh in 2027."

"In Scotland, researchers have been looking at how the water that’s flooded old, disused mines can be used to provide decarbonized heating to buildings."