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3 Oil Majors That Bet Big On Renewables

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Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

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Simple, effective solutions that can help lessen the impact of climate change already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climate change. We don’t have enough solar energy and wind energy.”

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

Germany 239
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Wind-to-Hydrogen Tech Goes to Sea

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Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

Wind 98
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US DOE Selects 43 Projects for $92M in ARPA-E Funding; 3 on Automotive Power Electronics

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Grid energy storage will be needed to enable the widespread use of two key renewable energy sources: wind and solar power. Ultimately, technologies developed through this program will be scalable to the gigawatt and gigawatt-hour levels of power and energy capacity.

Power 225
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Ricardo, National Grid study explores market potential for grid-balancing services for plug-in vehicles

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The report, Bucks for balancing: can plug-in vehicles of the future extract cash—and carbon—from the power grid? , is based on a research collaboration between a team of engineers from Ricardo and National Grid, the operator of the high voltage electricity transmission system within Great Britain (GB).

Grid 247
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CalSEED awards $4.2M to early-stage clean energy innovations

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is creating a streamlined manufacturing process for silicon solar photovoltaic cells that requires only 10% of the silicon, half of the operating and equipment cost, and a quarter of the energy of incumbent technology, enabling sustainable solar manufacturing that will combat climate change by meeting global demand for solar.

Clean 371