Tech giant Google has agreed to purchase one million carbon credits from Indian startup Mitti Labs to offset methane emissions from rice farming. As one of the world’s staple grains, rice cultivation accounts for approximately 12 percent of methane emissions worldwide. Unfortunately, its presence in every kitchen cabinet also means that reducing the crop’s carbon footprint is no simple task.
An independent energy development company and a long-time manufacturer of wood products have signed an agreement to develop geothermal projects in Washington and Oregon. Hexagon Energy and Weyerhaeuser Co. on September 10 said they have closed a deal covering that could provide an estimated 3 GW of geothermal power generation capacity in the Pacific Northwest....
The U.S. Dept. of Energy (DOE) said the agency has closed a loan of as much as $1.9 billion to NextEra Energy to support the restart of the Duane Arnold Energy Center in Iowa. The station is one of three U.S. nuclear power plants where work is being supported by the Office of Energy Dominance...
Construction of the final segment of the Southwest Intertie Project, a 576-mile transmission corridor connecting an area from Idaho to just south of Las Vegas, Nevada, is underway. Officials celebrated the latest milestone for the installation during a groundbreaking ceremony in Ely, Nevada, on September 3. Read more in POWER Magazine here.
Michael Skelly knows it’s hard to build a huge transmission line that connects different regions of the grid. He has spent a decade trying to get one up and running. But Skelly, now CEO of Grid United, thinks his current attempt to build a first-of-its-kind transmission line is on the right track. And he’s gotten...
A set of 13 “high value” inter- and intraregional transmission projects in the Eastern Interconnection could produce up to $15.3 billion in net system value through 2050, according to a study released Tuesday. Also, the transmission projects would lower retail electricity rates, enhance system reliability and improve resilience to extreme weather events, according to Powering...
There’s never been a better time to build energy storage in the U.S. than right now. Grid batteries — which sop up power when it’s abundant and discharge that energy when it’s needed — have been ascendant for a decade, as the price of the underlying lithium-ion cells fell precipitously. Bolstered by plummeting costs and...
Geothermal company Fervo Energy has signed a major deal to sell power to Alphabet’s Google from a Utah project that it plans to turn into the world’s largest enhanced geothermal facility. The agreement for nearly 400 megawatts of electricity is enough to power a midsize city and would be Fervo’s largest-ever power deal. Fervo plans...
A Houston-based company has received funding that can help make world’s first superhot geothermal power plant. Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one...
Europe’s increasingly hot summers come with a worrying trend. The air conditioning that the continent long eschewed as an American indulgence is becoming a necessity, and some of the nuclear reactors needed to run those cooling units are tapping out right as thermometers spike. This summer was especially bad: The series of extreme heat waves...
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