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Battery Energy Storage Systems (BESS) are revolutionizing our power grids, dramatically enhancing resilience, and facilitating greater integration of renewable energy sources like solar and wind. This technological evolution promises a […]
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Oklo Offers 50 MW SMR to Power Shale Oil Operations Newcleo Signs LFR Agreement With France’s CEA Partnership to Offer HTMR-100 SMR in South Africa UK Space Agency Awards Space Reactor Project to BWXT and Rolls-Royce NRC, Westinghouse Deny Involvement In Nuclear Power Project In Butte, MT Oklo Offers 50 MW SMR to Power Shale Oil Operations Oklo Inc. announced..
Energy Central…
There’s global growth in energy storage. The latest evidence is a report that BlackRock, the New York-based asset manager and a major player in energy sector, is ready to buy Akyasha Energy, an Australian company that specializes in battery storage and renewable energy projects.
BlackRock in an Aug. 16 news release said it would commit about $ 700 million to develop more than 1 GW of battery energy storage. The group said it would at a future date expand Akyaysha projects across Taiwan and Japan.
Virginia-based Fluence, a battery energy storage system (BESS) integrator launched in 2018 by Siemens and AES, and with offices worldwide, has become a global leader in the development of energy storage products and services, and also is active in the Australian market—along with helping drive U.S. adoption of storage. The company, part of some of the largest U.S. BESS installations, earlier this month said it is setting up a new contract manufacturing facility in Utah to serve the U.S.…
Laura Stern, co-founder and president of Nautilus Solar Energy, was a guest on The POWER Podcast. Founded in 2006, Nautilus is a leading acquirer, developer, and operator of community solar projects. During the past five months, the company has acquired community solar projects in Minnesota, Massachusetts, New York, Maryland, and Rhode Island.
Community solar refers to local solar facilities shared by multiple community subscribers who receive credit on their electricity bills for their share of the power produced. This solar power model is being rapidly adopted throughout the U.S. According to the Solar Energy Industries Association—the national trade association of the U.S. solar energy industry—there was 1,294 MW of installed community solar capacity at the end of June 2018, with at least one community solar project online in 42 states. Furthermore, the group says the market will add as much as 3 GW over the next several years.
Community solar allows homeowners, renters, and businesses to have equal access to the economic and environmental benefits of solar energy generation regardless of the physical attributes or ownership of their homes or businesses.…
Energy Secretary Rick Perry said in a statement that the “future of nuclear energy in the United States is bright” as his agency on September 29 announced another $ 3.7 billion in loan guarantees for continued construction of two new nuclear reactors at Plant Vogtle in Georgia.
The Department of Energy (DOE) has guaranteed another $ 1.67 billion to Georgia Power, $ 1.6 billion to Oglethorpe Power, and $ 415 million to three subsidiaries of the Municipal Electric Authority of Georgia. The money is in addition to $ 8.3 billion already guaranteed by the DOE to support construction of the two AP1000 reactors at the plant near Waynesboro, Georgia. The long-delayed project to add two new units to the two existing reactors at Vogtle has been plagued by construction problems and cost overruns; the current timeline to complete construction is now near the end of 2022. Analysts say the cost for the project will go well above $ 20 billion.…
Academics at the University of Sheffield—a public research university in the UK—have begun two new carbon capture and storage (CCS) projects, searching for cheaper methods of capturing carbon dioxide (CO2) from fossil-fueled power plants.
The work is being funded by the European Commission’s (EC’s) Horizon 2020 Low Carbon Energy program.
The “ROLINCAP” project received €3.2 million to explore how new chemical solvents could be used in a “rotating packed bed” process, which is designed to accelerate chemical reactions. The method may allow CO2 to be captured more efficiently, with smaller equipment than was previously required.
“Our European consortium will work with experts from South Korea to develop technologies for post-combustion carbon capture and storage. We will explore new solvents and new techniques for process intensification, which I hope will lead to cheaper, more efficient carbon capture,” said Meihong Wang, Professor of Energy Systems in the Department for Chemical and Biological Engineering.
Carbon Clean Solutions Ltd.…