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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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trillion more each year should be invested globally in low-carbon energy, including renewables, and the electrification of economies over the coming decade, while annual expenditure on fossil fuel energy should decrease by $350-600 billion. The report says that $1.5-1.7 It suggests that $1.4

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DOE announces finalists of Geothermal Lithium Extraction Prize

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Demand for lithium—a critical material used in batteries for electric vehicles, grid-scale electricity storage, phones, and laptops—has grown rapidly in recent years, with global demand expected to increase 500% by 2050. The winners will be announced in the fall of 2023 and receive $2 million total.

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Sandy solution for renewable energy storage; Thermal Energy Storage System

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Sand is emerging as a key ingredient in the race to develop a viable electricity storage system for renewable energies. Australia-based Latent Heat Storage has developed a low cost thermal energy storage system based on the latent heat properties of silicon derived from sand. by Andrew Spence.

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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. captured at a Combined Heat and Power (CHP) plant.

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How Smart EV Charging Will Help Promote Renewable Power Generation

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The proportion of grid electricity generated by renewables such as wind and solar energy fluctuates depending on how hard the wind is blowing or how strong the sun is shining. Now countries’ electrical grids are increasingly powered by renewables. The EV as a mobile electricity storage device.

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ORNL demos 20 kW bi-directional wireless charging on UPS PHEV truck; 11" air gap, >92% efficiency

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“The system expands the possibilities for fleets who want convenient, efficient EV charging as well as electricity storage solutions.”. This project demonstrates innovative ways to utilize vehicle battery storage at fleet scale to power the vehicle, add resiliency to our facilities and support the grid.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

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