Innovation & Technology

Bloomberg: There Will Be Massive Fall In Green Hydrogen Prices

Although “blue” hydrogen is now cheaper than “green” hydrogen, this should change by 2030. Blue hydrogen is produced from natural gas and is supported by carbon capture and storage (a technology which struggles to be economically viable). Green hydrogen is created by utilizing renewable energy to create hydrogen from water. “BloombergNEF predicts renewable hydrogen to …

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Renewable Energy Consumption in the EU up by 2pp

US scientists create flexible energy converter

Scientists representing the National Renewable Energy Laboratory and Pennsylvania State University have created a flexible energy converter.  This concept can be used on hot water and heating pipes, as well as on car exhaust systems. According to Professor Shashank Pree, before their invention, no technology in the world would help use the released heat effectively.  Its vast …

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How blockchain technology will reshape green finance in 2022

With the Paris Agreement being reviewed and nations’ obligations being revised at COP26 in November, there’s little question that green finance will be a hot subject this year. Simultaneously, blockchain technology has evolved from a fringe and future technology to a strong tool with several real-world uses, notably in green finance, where transparent and traceable …

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Scotland will house Europe’s biggest grid-connected battery storage installations

The Scottish Green Battery Complex will be built by Amp Energy, a Toronto-based global energy transition platform. They will be Europe’s two biggest grid-connected battery storage installations, Electrek.co writes. The Scottish Green Battery Complex, which will be located between Hunterston and Kincardine, will store and manage the distribution of electricity produced by Scottish wind farms. …

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Electric vehicle sales to hit 10 million in 2022

Electric Vehicle Sales to Reach 10 Million in 2022

A rising number of competing models, stronger pollution restrictions, incentives, and fleet purchasing will all push electric vehicle sales, Bloomberg reports. According to Bloomberg’s estimates, China will lead the way once again this year, with around 6 million global electric vehicle sales in 2022. With nearly half a million electric vehicles sold in December, the …

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Wood pellet manufacturer and global supplier Enviva Biomass has announced plans to open a new wood pellet and biomass plant in Bond, which will be the company's fourth facility in Mississippi.

Xenon lamps can be used to extract hydrogen from biomass

Chemists have found that the high-power xenon lamps used to solder circuit boards in the electronics industry can be utilized to almost instantly decompose plant biomass into hydrogen, carbon monoxide and pure carbon, Chemistry World reported. This approach will significantly reduce the cost of biohydrogen production, scientists hope. The results of the study were published …

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GM is betting on fuel cells as battery shortages stymie the green energy shift

Once a household name, the Detroit-based automaker has revealed ambitions to expand fuel-cell technology research as the energy shift takes traction. By expanding its hydrogen sector, it may be able to generate much-needed new income sources, reversing a downward trend. With the electric vehicle (EV) industry being congested and repeatedly underperforming over the years, investing …

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Cisco Systems, a technology powerhouse, and LAN pioneer has established net-zero emission objectives for 2040 as part of its bold and successful ESG efforts, Sustainability Mag reports.

Cisco Systems Engages in Net-Zero Emissions Efforts

Cisco Systems, a technology powerhouse, and LAN pioneer has established net-zero emission objectives for 2040 as part of its bold and successful ESG efforts, Sustainability Mag reports. Cisco Systems, Inc., a San Jose-based international technological corporation, was an originator of the idea of local area networks, which connect computers via a multiprotocol router system. Cisco …

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Investors supported by Microsoft announce a $200 million fund for clean energy entrepreneurs

Energy Impact Partners LP (EIP), a venture capital business supported by Microsoft and Duke Energy, has secured $200 million to invest in clean energy and sustainable manufacturing technologies. The Deep Decarbonization Frontier Fund will invest in high-risk companies aimed at providing green energy or low-carbon industrial processes. According to Bloomberg, it will be sponsored by …

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Investors restart battery financing to close the renewable energy funding gap

Advances in power production and transportation will be key in the race to achieve net zero emissions by 2050. And at the heart of the new energy-transport nexus lies a technology that is capturing the interest of governments, corporations, and investors: the battery, Financial Times writes. Projections from the International Energy Agency show the magnitude …

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