Getting climate, energy & environment news right.

How waves could power a clean energy future
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How waves could power a clean energy future

"There are still many unknowns when it comes to wave energy tech, including whether costs can fall enough to become competitive with fossil fuels. Garson says that means getting to around 6 cents per kilowatt-hour, but that’s a long way way from the projected costs for current wave energy technologies, which Hales estimates are around $0.60 to $1.00 per kilowatt-hour."

Green steel innovator Electra scores $85M backing
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Green steel innovator Electra scores $85M backing

"Electra is planning to complete the build of its first iron ore refining pilot plant at its headquarters in Colorado next year, as it pushes forward with its broader aim to have its first commercial-scale plant up and running before the end of the decade. The firm said it is also aiming to forge additional partnerships across the entire steel value chain in order to accelerate the transition to green steel."

Ascend Elements raises $200 million to recycle EV batteries
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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."

FPL adds 10 solar energy centers to power 150,000 homes
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FPL adds 10 solar energy centers to power 150,000 homes

"The sites include Cavendish Solar Energy Center in Okeechobee County and two in St. Lucie County: Pink Trail Solar Energy Center and Bluefield Preserve Solar Energy Center in St. Lucie County. The site in Okeechobee will provide power to the FPL Cavendish NextGen Hydrogen Hub, which is expected to be completed at the end of this year, FPL says, and will be state's first-of-its-kind 'green hydrogen' facility."

NRC grants exemption for PG&E to operate Diablo Canyon nuclear plant during license renewal review
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NRC grants exemption for PG&E to operate Diablo Canyon nuclear plant during license renewal review

"The nuclear power plant supplies about 17% of California’s zero-carbon electricity and 9% of its total electricity, according to the California Energy Commission. On Tuesday it approved a resolution that 'the state’s electricity forecasts for the calendar years 2024 to 2030, inclusive, show potential for reliability deficiencies if the Diablo Canyon power plant operation is not extended beyond 2025.'"

This Former SpaceX Engineer Just Raised $40 Million To Build Portable Nuclear Reactors
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This Former SpaceX Engineer Just Raised $40 Million To Build Portable Nuclear Reactors

"Once Radiant’s designs have been proven out in engineering testing and approved by regulators, the company believes that it has a strong market potential. Today, the diesel generator market for the United States alone is over $5.8 billion, according to analyst IBISWorld. Bernauer believes that his company’s reactors–which only have to be refueled every five years or so–will be attractive to remote communities that are located far from an electric grid and may have an unreliable supply chain to refuel diesel."

Innovation Vital to Sustain Climate Progress
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Innovation Vital to Sustain Climate Progress

"Not only can we make further progress on developing and deploying the breakthrough technologies we need, but we can also spread economic and near-term environmental benefits across the globe as we do it. We can thank many for getting us here, and we will continue to rely on our diverse and bipartisan partners to keep pushing us forward."

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