Environment

ESS is a manufacturer of iron flow batteries in the state of Oregon. At the present time, lithium-ion batteries account for about 85% of grid-scale energy storage. That technology is time-tested and reliable. Prices continue to fall, but lithium-ion batteries have some issues. They use materials like lithium, cobalt, manganese, aluminum, and nickel that can
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In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and other liquid fuels will remain the world’s largest energy source in 2050, renewable energy sources, which include solar and wind, will grow to
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An exciting new initiative has been created by the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) to catalyze the development of cybersecurity solutions for the nation’s clean energy grid of the future. The Clean Energy Cybersecurity Accelerator brings together federal infrastructure and expertise, asset owners in the energy sector, and
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A coal fired power plant in Jiayuguan, Gansu province, China. Qilai Shen | Bloomberg | Getty Images Even with the current drive toward more renewable energy sources, global carbon emissions are going to increase through 2050, unless there are significant changes in policy or technology between now and then. That’s according to a new report
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According to a new report from the Institute of New Economic Thinking at the University of Oxford, previous estimates about how quickly the price of renewables will fall have consistently underestimated reality (We think they are pointing their fingers at the International Energy Agency here.) Here’s the first few paragraphs of the report: “Rapidly decarbonizing
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Right now, as I’ve highlighted briefly before, there’s a hot negotiation underway between almost every other Democrat in the House & Senate and two Democratic Senators — Kyrsten Sinema and Joe Manchin. Republican Party politicians are non-existent in the negotiations*, and since the US Senate is split 50–50, with Vice President Kamala Harris as the
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Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France. Bloomberg | Bloomberg | Getty Images LUXEMBOURG — France is pushing the EU to reduce its energy dependency on foreign countries as gas prices soar across the continent. The EU has been grappling with higher energy costs in recent weeks, prompting governments in Spain, Italy, Greece,
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Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to
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The YouTube channel “Corridor Crew” has shared an awesome video demonstrating just how many solar panels it would take to power the world. The video starts off with the host showing us a future time, 2100, and what it would be like if the world successfully transitioned to sustainability and there were no more climate
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