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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). Public markets investment in clean energy jumped 120% to $3.1 billion, up 9% on a year earlier.

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California agencies release report charting path to 100% clean electricity; need to triple grid capacity by 2045

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The report is the initial analysis called for in Senate Bill 100 (SB 100, De León, Chapter 312, Statutes of 2018), the state’s policy requiring that renewable and zero-carbon energy resources supply 100% of electric retail sales to customers by 2045. A clean electricity grid is necessary to achieve economywide carbon neutrality.

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San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

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A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. The draft 2017 CAAP outlines clean air strategies that seek to address the enormous challenges of reducing harmful emissions from port-related sources: ships, trucks, cargo handling equipment, locomotives and harbor craft.

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DOE awards Core Power and MIT Energy Initiative funding for floating nuclear power research project

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DOE earlier announced its intention to fund and develop regional clean hydrogen hubs (H2Hubs) across America, one of which must be powered by nuclear. In 2021, the DOE also launched the Hydrogen Shot to cut the cost of clean hydrogen to $1 per 1 kilogram of clean hydrogen in 1 decade, nicknamed 1-1-1.

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EPA releases final Clean Power Plan; 32% reduction in CO2 from power plants by 2030

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The US Environmental Protection Agency (EPA) has released the final Clean Power Plan (CPP). Under the Clean Power Plan, by 2030, renewables will account for 28% of national capacity, up from 22% in the proposed rule. Final complete state plans must be submitted no later than 6 September 2018. Earlier post.).

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T&E: Electric bus orders in Europe more than doubled to 1,031 units in 2017; ~9% share of new registrations

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T&E estimates this to be equivalent to around 9% market share of new registrations in 2018. The are currently about 1,600 electric buses are on European roads, with another 1,600 on order (as of mid-2018). The lag between orders and deliveries is usually 9-12 months; T&E expects all these electric buses to be on the road by mid-2019.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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