“'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.'”
Julian Spector of Canary Media reports on energy storage funding through the Department of Energy. “In the habitually cautious utility space, track records count. No utility wants to bet its grid reliability on some new gadget only to see it fail to reach completion or fall apart at a crucial moment. And financiers hesitate to fund...
"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."
Multilateral funding agreements have been largely ineffective as the primary vehicle to reduce climate risk. To see meaningful progress, the world needs to unleash economic freedom.
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.
Doug Lewin of Renewable Energy World reports that grid regulators in Texas spent $600,000 for a study on their market redesign that doesn’t consider extreme weather. “The report essentially tells the PUCT how to redesign the market so that the grid is reliable in an average year. Average years aren’t the problem. Unfortunately, after winter 2021...
"The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S., after the last few manufacturers went out of business or were priced out of the market by cheaper imports in recent years."
"The RHT is optimized for low head (from 2 meters to 20 meters) and doesn’t require fine fish screens. The design’s thick, slanted blades transport fish away from the leading edge into wide inter-blade regions and downstream to the outlet. The progressive slant of the blades from hub to tip also minimizes the likelihood of severe strike and eliminates the risk of entrapment between moving and stationary parts."
"Consider a situation where a Canadian copper producer sought to benefit from the laws, but would be barred from doing so because of the divergent lists. This could create a significant diplomatic challenge and a nasty trade dispute. Perhaps more importantly, such a challenge would undermine the West’s shared strategy to develop a secure, responsible clean energy supply chain."
"To achieve the energy security we all want and to win the fight on climate, the U.S. must increase energy supply by facilitating greater domestic natural gas and oil production. As leaders gather at COP27, they just remember that we can’t win on climate and stabilize gas prices without all options on the table."
