"Looked at from another angle, energy storage is growing. Corporate funding in energy storage companies soared in the first nine months of 2022, reaching $22 billion in 92 deals compared with $13 billion in 74 deals in the same period last year, according to a study by Mercom Capital Group."
"Should it come to fruition, the facility would be built on 1,700 acres in the RiverPlex MegaPark, a 17,000-acre swath of land in Ascension Parish that is bordered to the north by the Mississippi River and to the east by Iberville Parish. It is close to industrial feedstocks, ports and other facilities such as BASF, CF Industries and Honeywell, to name a few."
Instead of meddling in the market, regulators should step back and let capitalism do its thing.
Poor countries must climb the economic ladder to flourish and protect themselves from climate change. This starts with access to reliable and affordable energy.
"The wrong way, however, would be detrimental and only further undermine America’s economic interests. Basing a U.S. industrial security policy on a losing long-term strategy, such as a subsidy-only approach, and failing to address major problems, such as the inability to build anything at home, would only strengthen the hand of Beijing."
In the midst of a war in Ukraine, soaring inflation, and struggling supply chains, voters in the democratic West need to be confident that our governments can work together to build the better energy future we all need. Diversifying away from our mutual reliance on China is the necessary first step.
General Fusion is on its way to make nuclear fusion commercially viable.
NuScale’s SMR design is the first to be cleared for use in the United States
"'If we want to get it on President [Joe] Biden’s desk, we’re going to have to have Democrats on board,' Westerman told E&E News earlier in the week. 'Do I think we can pass something without Democrat support here in the House? Sure. But you can’t pass it out of the Senate without Democrat support.'"
"The legislation also directs all options to be explored with countries that are allies or partners of the United States, to expand nuclear materials available to the U.S."
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