Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies. FedEx Corp. announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration. This includes a pledge […]
Big name corporations Chevron and Microsoft are joining Schlumberger on a plan to develop a bioenergy project that will include carbon capture and sequestration. As a result, the energy produced would be carbon negative. The project will be located in Mendota, California and will use an idled bioenergy plant. The plant will convert agricultural waste […]
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By Gail Whiteman and Fred van Beuningen Every major economy has an industrial zone like the Port of Rotterdam, a place where smokestacks, pipes, and tanks tell one story of climate change. Anything that can be made of crude oil is made at the Port. It is a complicated place. On the one hand, it […]
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Over the past ten years, vocabulary moved from ‘global warming’ to ‘climate change’ to ‘climate crisis.’ On March 1, BayWa r.e. launched its new “Decade That Matters” report, a deep dive into online climate discussions over the past 10 years and what these may tell us about where we are heading over the next 10 […]
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Xcel Energy – Colorado today announced details of its upcoming Clean Energy Plan that will result in an estimated 85% reduction in carbon dioxide emissions from 2005 levels by 2030. The plan will double renewable energy and battery storage on the Xcel Energy Colorado system, providing customers with electricity derived from approximately 80% renewable sources […]
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At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF’s new Power Grid Long-Term Outlook 2021 published this week. The transition to electric heating and transport will drive up electricity demand, while the tremendous growth of wind and solar add additional strain on the grid. […]
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If we learn anything from the Texas blackouts, and the death and suffering that have resulted, it should be this: distributed resilient solar+storage systems are no longer a luxury – they are an essential tool to protect citizens from power outages, and modernize the grid so outages become less frequent and severe.
For us at ABB, it’s an exciting time. Our customers are pushing us to help them maximize their efficiencies and increase long-term sustainability with digital and cloud-connected technologies.
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Record low temperatures, including snow in Texas, have led Texas electric grid operator to ration electricity. Even before the winter event is done, misinformation is spreading that wind turbine blades froze, and hence, renewables are the leading cause for Texas blackouts. The fact is, due to cold weather, a lot of generators, including nuclear, coal, […]
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World’ largest NUCLEAR FUSION reactor is in the making with an estimated cost of over 22 billion.
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