As a clean, firm power source, enhanced geothermal will be pivotal in meeting the world’s growing energy needs and climate ambitions.
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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."
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Meet Ten of the Next Five Successful Advanced Reactors
Matthew L. Wald writes in The Breakthrough Institute about emerging advanced nuclear reactors. “At the moment, the new reactors with the shortest path to commercial deployment look to be light-water reactors: they use fuel that is already commercially produced and most of their various components are already in production. Of the new light-water reactors, the...
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Is China really leading the clean energy revolution? Not exactly
"Scratching through the big numbers, two issues deserve the world’s deeper understanding. The first is that China’s successful clean technology campaign has more to do with its economic strategy than its climate commitments. The second is that, alongside its impressive achievements in renewable energy, China is also one of the world’s biggest polluters. Neither is likely to change imminently."
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Is An Underground Hydrogen Boom Coming?
Hydrogen has already been proven to be a clean, efficient fuel source. Now, thanks to exploration for underground hydrogen reserves, use of this fuel may be even more widespread in the coming years.
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DOE lab boosts flow battery capacity, life using starch derivative in breakthrough research
"The breakthrough could lead to the scale-up of long-duration fluorenone-based flow batteries, which PNNL unveiled in 2021, according to PNNL. Flow batteries store energy in liquid electrolytes."
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The US may soon get its first new source of nuclear fuel in 70 years
"For its part, TerraPower is developing a 345-megawatt sodium-cooled fast reactor coupled with a molten salt energy storage system. Founded by Microsoft co-founder Bill Gates, the company has raised $750 million to build an operating demonstration reactor in Wyoming. TerraPower announced in December that it would delay the planned deployment of its reactor due to a lack of HALEU availability, in part because it has pledged not to use Russian-sourced uranium."
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Green Ammonia
"Green ammonia is emerging as a potential enabler of the green hydrogen economy, as a sustainable fuel in maritime transportation and other applications, and as a replacement for synthetic ammonia in agricultural applications. With a market demand expected to almost double in the next 7 years and the quest for novel, sustainable production processes, it also presents a significant opportunity for venture investments."
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Is Expanding Desert Solar Farms Exchanging One Problem for Another?
While deserts may seem like the ideal location to place solar farms. this may lead to several unintended consequences.
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Why Kenya could take the lead in carbon removal
"Because the earth’s crust is thinner than usual along the rift, it has vast geothermal potential. The American government reckons Kenya alone could generate 10,000mw of geothermal power, more than ten times the amount it currently produces. A by-product of such power stations is plenty of waste steam, which can then be used to heat dac machines. Moreover, since close to 90% of Kenya’s power is renewable, the electricity these machines consume does not contribute to more global warming."