“This year, the Electric Reliability Council of Texas or ERCOT, the electric grid that services about 90% of Texas electricity, is scheduled to add almost as much wind as it has in the past five years combined and almost triple its solar capacity.”
“Led by a new chief executive, BP is trying to reinvent itself as an energy company in the age of climate change. The company is shrinking its oil and gas business, revving up offshore wind power and developing solar and battery storage.”
“Although most high-profile energy investments have been in batteries and energy storage, recent funding rounds have favored novel technologies from fusion and graphene to solid-state circuit breakers, direct-air capture of CO2, and geothermal drilling.”
“TerraPower and GEH’s emphasis on cost reductions for the Natrium design is a crucial consideration for commercial success in a burgeoning global SMR market, where more than 50 designs and concepts with varying levels of technology readiness are vying for first customers.”
"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.”
“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.