Getting climate, energy & environment news right.

US to hold first offshore wind rights sale in Gulf of Mexico next month
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US to hold first offshore wind rights sale in Gulf of Mexico next month

"According to a sale document, companies qualified to bid at the sale include units of European energy companies Equinor (EQNR.OL), Shell (SHEL.L), RWE (RWEG.DE) and TotalEnergies (TTEF.PA), all of which are already developing U.S. offshore wind leases. Equinor and Shell also have major oil and gas operations in the Gulf."

Renewables And Storage Got Texas’ Grid Through This Heat Wave. But The State Legislature Still Hasn’t Fixed Its Underlying Problems
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Renewables And Storage Got Texas’ Grid Through This Heat Wave. But The State Legislature Still Hasn’t Fixed Its Underlying Problems

"The 250% residential demand spike during Uri could have been mitigated dramatically if Texas proactively funded efficiency incentives and adopted tighter building codes. Those actions are cheap - all of the homes in Texas could be winterized for less than the $50 billion in power price premiums paid out during Uri. Beyond lowering electricity demand, winterization measures would lower consumers’ utility bills while making their homes more comfortable."

AI could be the recipe for faster, less-destructive minerals mining
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AI could be the recipe for faster, less-destructive minerals mining

"The other two companies are earlier-stage ventures. GeologicAI of Calgary, Alberta, is also a Breakthrough Energy investment; it disclosed a $20 million Series A round in late June. Boston-based VerAI Discoveries revealed its Series A infusion of $12 million back in early March. It, too, counts T. Rowe Price as an investor, along with Orion Resource Partners, Chrysalix Venture Capital and Blumberg Capital."

A Stealthy L.A. Carbon Capture Startup Snags $80 Million From Big Oil And JetBlue
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A Stealthy L.A. Carbon Capture Startup Snags $80 Million From Big Oil And JetBlue

"The system is built around modules about the size of a 20-foot shipping container that pull in ambient air and run it through a series of filters. Water condensation, similar to what occurs in a dehumidifier, is collected, pumped out and stored, and the CO2 flows into tanks, CEO Will Kain told Forbes. He said there’s a 5-to-1 ratio of water produced for every ton of captured CO2. A pilot version of the system will open later this year in Bakersfield, California."

Conservatives Should Lead on Electric Transmission Reform
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Conservatives Should Lead on Electric Transmission Reform

"Conservative thought leaders have been resistant to the idea of Congress imposing an arbitrary requirement on interregional transfer. Their instincts serve them well. Grid economics and reliability conditions vary by region. Some conservatives skeptical of a uniform requirement find a tailored approach more appealing, where transfer levels are determined by region-specific reliability conditions and benefit-cost analysis."

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