WRAL TechWire reports that NET Power is taking steps to build its $750-$950 million power plant. “NET Power already operates a demonstration plant for its technology in Texas. Design work for the larger plant is expected to be completed in 2024, according to the company. Target launch date is 2026.” Read the full article here.
Biden’s EV bet is a gamble on critical minerals
"The Inflation Reduction Act’s requirements could prove tricky as EV productions ramp up. They limit how many vehicles can get tax credits, as the law specifies many battery parts and the minerals that go in them must be sourced domestically or from U.S. trade allies — a mandate only a fraction of EVs can now meet, according to a list Treasury released Monday."
The Lithium Shortage Is Real—but There Is Room for Optimism
"Secondarily, we should not be closing doors on alternative energy storage solutions. Lithium batteries are a major part of moving sustainable energy forward, but they are not the only way to get there. Investors and policymakers should look seriously at new players and emerging technologies, and do as much as possible to foster new talent and startups in this area."
Can we overcome the hurdles for nuclear power revival?
"Nuclear power has to be competitive with other sources of electricity based on the cost per kilowatt hour, especially in deregulated electricity markets. In regulated markets, customers pay whatever rates are approved by the public utility commission. Nuclear power benefits from its ability to deliver near full power 24/7, contributing to the stability of the electrical grid."
America’s Energy Industry is Getting Excited About Hydrogen
he growth in U.S. hydrogen investment is encouraging and will help meet America’s energy needs and climate ambitions. America is an innovative global energy leader, and over the coming years, the U.S. could lead the world in hydrogen too.
How PepsiCo is trying to get Doritos and Cheetos bags into compost bins
"The journey towards more compostable packaging has been a long one for Frito-Lay, who has been working on integrating these sorts of products for more than a decade. As far back as 2019, both Coke and Pepsi had already cut ties with a plastics industry association, and issued previous goals related to recyclable, compostable and reusable packaging."
$300M fund to help climate tech startups keep growing
"The prominent, early-stageclimate tech VC firm Congruent Ventures has closed a $300 million-plus 'Continuity Fund' that will aid companies in its existing portfolio."
Conservatives Should Embrace Energy Facts Over Fiction
Recent legislation in Texas would put the Lone Star State's energy market on a slippery slope to more government intervention and regulation.
SeaTrees is Transforming Blue Carbon Ecosystems From a Carbon Sink to a Climate Solution
SeaTrees is a testament to the power of entrepreneurs and innovation in addressing our greatest climate and environmental challenges.
Tread lightly? Startup advised by ex-Nike execs cuts shoe footprints through 3D printing
"One last thing to point out: If you compare the emissions of the two shoes on a part-by-part basis, the analysis suggests that the emissions for 3D printing are actually 10 percent to 17 percent higher. 'Only when a complete assembly of the shoe is taken into account does the overall carbon efficiency of 3D printing stand out,' according to the analysis."