Headline News:
- “Solar And Storage: The Key For Energy Affordability In Virginia” • Electricity demand in Virginia is rising quickly, and ratepayers are feeling the impact as utility bills rise. Solar and energy storage technologies are the fastest and cheapest new sources of electricity to build, allowing power to come online in months rather than years. [CleanTechnica]
Times to completion of energy assets (SEIA image)
- “North Sea Nations Plan 100-GW Offshore Wind Push” • Nine countries, including the UK, Germany, and the Netherlands, will pledge to jointly develop 100 GW of offshore wind in the North Sea and strengthen protection of infrastructure, Bloomberg reported. Energy ministers are expected to sign a declaration in Hamburg next week. [reNews]
- “DOE Cancels $83 Billion In Clean Energy Loans” • The DOE announced that it is pulling the plug on $83.6 billion of Biden-era loans slated for clean energy projects. This is the latest action taken to reprioritize federal support for fossil fuel sources, as the DOE’s Loan Programs Office is replaced by the Office of Energy Dominance Financing. [Solar Power World]
- “Michigan Sues Big Oil ‘Cartel’ For Conspiracy Against Clean Energy” • Several states and municipalities have sued fossil fuel companies in different ways, but Michigan chose a new one. It launched an antitrust lawsuit against four industry giants and their trade association, accusing them of operating as a “cartel” to impede a transition to clean power. [Common Dreams]
- “CATL Has Begun Commercial Production Of Sodium-Ion Batteries” • CATL, the world’s largest battery maker, announced that it is producing sodium-ion batteries for light commercial vehicles. They can be plugged in and charged in extreme cold, down to -30°C (-22°F). Even at -40°C, the battery retains 90% of its usable capacity, CATL claims. [CleanTechnica]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
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