Environment

A tidal turbine weighing 680 metric tons and dubbed “the world’s most powerful” has started grid-connected power generation at the European Marine Energy Centre in Orkney, an archipelago located north of mainland Scotland. The news marks another major step forward for the U.K.’s nascent marine energy sector.  In an announcement Wednesday, Scottish engineering firm Orbital
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Source: U.S. Energy Information Administration (EIA), Monthly Energy Review. Note: This graph shows electricity net generation in all sectors (electric power, industrial, commercial, and residential) and includes both utility-scale and small-scale (customer-sited, less than 1 megawatt) solar. In 2020, renewable energy sources (including wind, hydroelectric, solar, biomass, and geothermal energy) generated a record 834 billion kilowatthours (kWh) of electricity, or
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In this article SGRE-ES Chris Ratcliffe | Bloomberg | Getty Images Low-carbon hydrogen isn’t “cost competitive with other energy supplies in most applications and locations” and the situation is unlikely to change unless there’s “significant support to bridge the price gap,” according to the World Energy Council. Published Tuesday, the analysis – which was put
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Andrew “Twiggy” Forest is Australia’s second richest person. His wealth has been accumulated from mining and other ventures. He is the major shareholder and former CEO of Fortesque Metals, which holds massive iron ore leases in the Pilbara of Western Australia. Inspired by other billionaires (like Bill and Melinda Gates), he has pledged to give
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Longtime market bull Phil Orlando is bracing for a rough stretch because Wall Street has reached a critical “inflection point.” The Federated Hermes chief equity market strategist is blaming the risk dynamic. Not only does Orlando see hotter-than-expected inflation and the Covid-19 delta variant as glaring issues, he’s also worried about uncertainty surrounding monetary and fiscal
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An employee with Ipsun Solar installs solar panels on the roof of the Peace Lutheran Church in Alexandria, Virginia on May 17, 2021. Andrew Caballero-Reynolds | AFP | Getty Images Ramping up investment in policies and technologies to tackle climate change could play a significant role in the global economy’s recovery from the coronavirus pandemic.
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