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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

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A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% decrease from the $472 million raised in Q1 2018, according to a new report from Mercom Capital Group, llc, a global clean energy communications and consulting firm. Smart Grid.

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HOMER Grid software now models EV charging stations

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HOMER Energy by UL, a global developer of energy modeling software, announced that HOMER Grid , software for designing grid-tied distributed energy projects, can now model how hybrid systems power electric vehicle (EV) charging stations. The solution is to co-locate renewables and storage with charging infrastructure.

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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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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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The Keeling Curve Prize (KCP) has selected 10 winners for 2019, among them Opus 12 (Berkeley, California) which is developing a device that recycles CO? This reaction is energetically uphill, so electricity must be added to drive the reaction forward, and it is not possible without a new family of CO?-reducing Earlier post.).

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New study shows a rapid increase of diesel-fueled backup generators across California

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New research by economic and public policy consulting group M.Cubed finds a proliferation of backup generators across California, with nearly 90% being diesel-fueled, posing significant obstacles to achieving greenhouse gas reduction targets and driving nearly $136 million in annual health costs. Of these, 20,907 are diesel-fueled.

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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

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US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), Total GHG emissions in 2019 were up 1.8%

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