"Emerging LDES technologies face an 'ever-growing list' of technical, financial and business barriers to gain broader deployment, reduce costs and provide financial value against combined cycle gas turbines paired with carbon capture and storage, modular nuclear reactors or green hydrogen fueled power plants."
How Exxon Mobil’s CEO Views Energy Shortages and Increasing Profits
"A lot of focus had been put on wind, solar and electric vehicles, which all have an important role to play. They’re necessary, but certainly not sufficient. So what we’re beginning to see is a recognition that a much broader set of solutions is needed, and that a critical player in that space will be our industry. Carbon capture and storage, hydrogen and biofuels are all now being recognized for the important role they’re going to play in contributing to the solution."
Maker’s Mark’s case for business conservation of nature
"The private sector has an opportunity to pave a path forward for other sectors. Companies can set high standards for conservation and regeneration that incorporate the latest science and technology, filling the gaps where policy may stop short — or move too slowly."
Green Hydrogen Gets a Boost in the U.S. With $4 Billion Plant
"Air Products is already the world’s biggest producer of hydrogen, making around 3.5 million metric tons a year, Mr. Ghasemi said. The company plans to sell the green hydrogen from the Texas plant to some of its climate-conscious industrial customers as well as users such as trucking companies looking for sources of fuel that don’t emit greenhouse gas, he said."
Why Silicon Valley is so hot on nuclear energy and what it means for the industry
"Some venture capitalists are especially excited about fusion. It’s the type of nuclear energy that powers stars, and it generates no long-lasting radioactive waste — but so far, it’s proven fiendishly difficult to create a lasting fusion reaction on Earth and impossible to generate enough energy for commercial generation."
Clean Energy Company Sets Sights on Houston Expansion
"While Houston is synonymous with the oil and gas industry, the city has recently been gaining a competitive advantage in numerous renewable energy industry sectors due to the high concentration of energy expertise and experience among its residents."
Siemens Power CEO Confirms the Iron Law of Power Density
"Now back to Bruch. He told CNBC that there is 'still a way to go' in the maturation of the wind industry and that there are problems with distributing 'risk along the supply chain in a world which is much more volatile, much more difficult, much more multilateral than before.' He continued, saying “if we don’t resolve it as an industry, we are missing a substantial part of the energy transition, and we’ll fail with the energy transition.”
Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend
"The deal underscores increased interest by VC investors in companies addressing climate change. Funding for climate tech startups hit a record $111 billion in 2021, according to a report from U.K. startup network Tech Nation."
Kore Power raises $75M to build lithium-ion battery cells in Arizona
"Kore isn’t primarily focused on EVs, although it does plan to supply its battery cells to electric-drivetrain startup ZEVX and potentially to other automakers. It’s also aiming at the stationary-storage market, another market segment that has received a significant boost from tax incentives in the Inflation Reduction Act. In March, Kore acquired Northern Reliability, a storage-system integrator and developer that it has renamed Kore Solutions, to serve these markets."
Exxon, Japan’s Mitsubishi Heavy tie-up in carbon capture technology
"CCS technology has been used for years, often to enhance oil well production rates, but rising carbon prices in regions such as Europe have lifted hopes it might take off as a stand-alone business in the future."