I can’t think of how many times, often when you least expect it, that I have found myself in a debate with someone about whether we shall always need fossil fuels. Michael Liebrich now supplies five easy answers to end any bar room argument, see below. COMPANY NEWS Polestar raises almost $1 bln, sees margins … Read More
batteries
Heat networks/floating wind/deep sea geothermal/microwave storage & focus on repowering wind farms
Headlines this week that it is raining in Antarctica should re-affirm that what we talk about in this newsletter is relevant, if that was ever needed. UK NEWS Floating offshore wind in the Celtic Sea could be worth up to £1.4 billionThe Crown Estate has released new research indicating that the floating offshore wind opportunity … Read More
Wave & tidal power/SMR reactors/calcium looping/green ammonia & focus on e-fuels
COMPANY NEWS Brookfield raises $10B for latest energy transition fundBrookfield Asset Management announced this week it had secured $10 billion for its latest energy transition fund in its first close. The firm said it will continue to raise money for the fund until Q3 of this year.The clean energy investor — which has over $850 … Read More
Batteries/solar/wind/heat pumps/DRS/SMR & focus on EV charging
Focus is on EV charging this week. Whilst compiling it I got to wondering about whether the public charging network and charger availability is keeping up with EV ownership. I am guessing that quite a percentage of readers own an EV. My sense is that there is more competition for charger time than there was … Read More
Constraint/flexibility/geothermal/vertical-agrivoltaic/wave power & focus on sodium-ion batteries
We truly live in the exponential age: I only heard of sodium-ion battery technology about this time last year and now the first car is being launched running on sodium and gigafactories are being built. I checked the Northvolt website relating to the first story below and it trumpets the arrival of sodium-ion technology too, … Read More
Batteries/long term storage/regenerative agriculture/hybrid AD & focus on African Carbon Credits
The first week of COP28 did achieve some progress, despite the oppressive presence of fossil fuel lobbyists. Weak oil and gas prices would seem to suggest that they are not having it all their own way. COMPANY NEWS Zenobē reveals £270 million investment from MubadalaBattery energy storage and EV fleet solutions provider Zenobē has received … Read More
Grid connection/algae/flexibility/ammonia & focus on COP28 and global carbon offsets
From the green perspective the Chancellor’s autumn Statement was more notable for what he didn’t say rather than what he did. There was help for Corporate investment and a promise to cut grid delays (see below). However, there was nothing to help energy efficiency in homes, no address towards the looming Carbon Border Mechanism being … Read More
EV Charging/Batteries/methanol/supercapacitors & focus on landscape remediation
Ever get the sense that the Government giveth with one hand and taketh with the other? In a long expected but much delayed announcement last weekend DEFRA said that England and Wales would get compulsory weekly food waste collections from 2026. For the AD industry, definitely a “giveth”. COMPANY NEWS Northvolt eyes US$20bn Stockholm IPOSwedish … Read More
Synchronous condenser/biogas/green hydrogen/ccs & focus on NIA2
There is some kind of irony that the developed world put the CO2 into the atmosphere and Africa takes it out (see below) COMPANY NEWS Siemens Energy to deploy ‘first’ synchronous condenser-BESS hybrid project in IrelandIt pairs a synchronous condenser, including a flywheel, capable of injecting 4000MW of inertia into the grid, and a large … Read More
Solar & rooftop solar/Bio-LNG/4-hr BESS/sustainable aviation fuel & focus on Biochar
COMPANY NEWS Lazard Asset Management takes stake in rooftop solar companyRooftop solar developer and owner Shawton Energy has seen a change in ownership. Iona Capital, the UK low carbon sustainable fund manager, has sold its interest in the company to a fund sponsored by Lazard Asset Management. As a result of the transaction, Lazard’s Sustainable … Read More