“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.”
Smart Money Is Betting On These 5 Exciting Energy Technologies
“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.”
GE Hitachi, TerraPower Team on Nuclear-Storage Hybrid SMR
“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.”
How a new solar and lighting technology could propel a renewable energy transformation
“Despite their cheap and versatile processing, these materials have been shown to be remarkably efficient as both solar cells and light emitters.”
Honda to quit F1 to focus on zero-emission technology
"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.”
Oil Giant Total Pledges Renewable Power Push
“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 Announces Closing of $1.1 Billion Climate Bonds Certified Financing for The Geysers Power Company, LLC
“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.”
Regulatory Reform Could Unlock Gigawatts of Zero-Emission Geothermal
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 US Natural Gas Industry’s Commitment to a Cleaner Energy Future
“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.”
California’s Blackouts Show Nuclear’s Importance
“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.”