An Arizona-headquartered developer, owner, and operator of renewable energy projects said construction of another major energy storage project is underway in California. Arevon Energy on March 24 said it has begun building the 250-MW/1,000-MWh Cormorant Energy Storage Project in Daly City. The company said the $600-million installation is expected to enter commercial operation next year....
You wouldn't know it from the political debate, but the fastest-growing corner of the American energy market is also one of the most naturally conservative ideas in it: owning your own power. Home battery storage—the ability to store and manage the electricity that runs your household—is attracting growing investment, and greater attention from conservatives could be beneficial, particularly as the midterm elections approach.
Read more in Power Magazine here.
The United States is sitting on a growing mineral supply hidden in plain sight: discarded electronics. Recovering lithium, cobalt, and rare earths from this waste, known as urban mining, could help strengthen the country’s domestic mineral supply, even though recycling these materials is not always as profitable as traditional mining under current market conditions.
Read more in Bloomberg here.
Read more in Utility Dive here.
In a welcoming milestone, TerraPower received approval from the Nuclear Regulatory Commission (NRC) for a construction permit for its advanced nuclear power plant in Kemmerer, Wyoming. The review, completed ahead of schedule, provides a hopeful signal that the United States is finally turning the corner on one of the biggest barriers to clean energy innovation: an outdated, slow, and unpredictable licensing and permitting system.
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