"Like other automakers, Honda is rushing to build new-energy vehicles in an industry shift that Hachigo on Friday described as “once in a century”. That race is accelerating amid the coronavirus outbreak as carmakers review production plans to capture market share with new models including low or zero-emission vehicles.”
“The French company said Wednesday that it plans to spend $3 billion a year on renewables by 2030, about 20% of its annual investment budget and up from $2 billion this year.”
“Calpine Corporation is one of America’s largest generators of electricity from natural gas and geothermal resources with operations in competitive power markets. Our fleet of 77 power plants, including one under construction, represents over 26,000 megawatts of generation capacity.”
Geothermal energy is a highly promising and reliable zero-emission technology. Besides critical investments in R&D, the biggest hindrances to geothermal development are permitting and other regulatory barriers that are more stringent than for oil and gas.
“The expanded role of natural gas in America’s energy mix is the single largest factor in power sector emissions reductions reaching 25-year lows.”
“The shutoffs were necessary because of the state’s reliance on renewable energy. Cloudy days and still weather meant renewable power sources could only serve 18% of Californian’s demand — nowhere near enough…California could avoid this problem in the future by embracing nuclear power.”
“When the Legislature takes up normal operations again in January, serious consideration should be given to changing the renewable standards to include hydro and nuclear power. Both meet the twin needs of providing safe, non-carbon power to Californians.”
“We are in the midst of a battery revolution, one in which batteries will eventually power cars and trucks for thousands of miles on a single charge, provide reliable, carbon-free electricity to the grid after being charged by renewable resources, or even power airplanes on short to medium-length flights. And those are just the more obvious applications.”
Vistra will break ground on nearly 1,000 megawatts of renewable energy and storage while retiring its entire Midwest coal fleet.
“This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology.”
