Posts Tagged ‘clean energy future’
Could energy transition could be a $50 trillion investment opportunity in the coming decades?
J.P. Morgan Chase & Co. is bucking a trend embraced by many of its Wall Street peers: transition finance. This strategy, aimed at funding activities that help reduce carbon emissions across the economy, operates in a regulatory gray area. Despite this, corporate decarbonization is seen as a massive business opportunity, with Apollo Global Management estimating…
Read MoreBritain’s Historic Transition: The End of Coal Power and the Path to Sustainable Energy
This week, the closure of Britain’s last operating coal power plant marks the end of over 140 years of coal-fired electricity, showcasing that major economies can effectively transition away from this fossil fuel. Dave Jones from Ember highlights the symbolic nature of this achievement, as Britain was the first country to rely heavily on coal…
Read MoreNatural Gas Microgrids: A Solution for Data Centers Awaiting Nuclear Power
Natural gas is becoming a crucial power source for data centers, with microgrid technology offering a solution to meet their growing energy demands. Enchanted Rock, a supplier of natural gas microgrids, views this technology as a temporary solution until modular nuclear reactors become viable in 5-10 years. Microgrids powered by natural gas can either fully…
Read MoreBaltimore High School Students Delve into Clean Energy at Constellation’s Weeklong UMBC Camp
The Youth Energy Summit hosted by Constellation Energy at the University of Maryland, Baltimore County (UMBC), which brought together nearly 70 high school students from across the nation. The weeklong camp for students focused on various aspects of climate, environment, and STEM, particularly renewable energy, energy efficiency, and microgrids. Students participated in hands-on activities like…
Read More2024 investment in clean energy set to be 2x the amount for fossil fuels
Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies The article highlights a remarkable turning point in global investment trends, indicating a substantial increase in funding directed towards clean energy initiatives compared to…
Read MoreThe only coal-to-nuclear power reactor plant broke ground in Wyoming
The world’s only coal-to-nuclear reactor plant just broke ground, which is a significant transition in Wyoming, where a coal plant is being repurposed into a nuclear power facility. The energy plant’s conversion reflects a broader trend towards cleaner energy sources as nations strive to meet emission reduction goals. The move is seen as a potential…
Read MoreUnited Kingdom Energy Company Taps Niche in Offshore Wind
British renewable energy supplier Octopus Energy is eyeing a new and relatively untapped slice of the U.S. offshore energy wind market, with the company set to invest in a California-based startup focused on floating wind turbines. Octopus will be investing between $10 million and $30 million in Ocergy, a producer of offshore energy wind-turbine foundations, as it…
Read MoreLeast Popular of the European Union’s Climate Policies
A new survey has found that Europeans are not fond of the climate policies that their gasoline and diesel-powered cars could soon be banned. The survey was conducted among 15,000 people residing in countries including Germany, France, and Poland. The survey found that the ban on internal combustion engine cars is the least popular of…
Read MoreDOE Announces First-Ever HBCU Clean Energy Education Prize Winners
Each HBCU Winning Team Will Receive $40k to Support Clean Energy-Focused Summer Programs The U.S. Department of Energy announced the first 10 prize winners in the inaugural Historically Black Colleges and Universities, HBCU, Clean Energy Education Prize Inspire Track. Each HBCU team selected today will receive $40,000 to support the development or enhancement of clean…
Read MoreMaxwell Ultracapacitors: Enabling Energy’s Future
SAN DIEGO, Calif—February 11, 2022—A rapidly emerging and increasingly applied technology, ultracapacitors are capable of storing and discharging energy very quickly and effectively. Due to their many benefits, ultracapacitors are currently being utilized in thousands of different applications, and considered in an equally diverse range of future applications. Ultracapacitors complement a primary energy source that…
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