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Alphabet Energy closes $23.5M Series C; thermoelectric waste-heat-to-power for oil & gas and automotive

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million Series C round of financing. Schlumberger, a new investor from the oil and gas industry, led the round with participation from GM Ventures and Osceola Capital Management, LLC. For example, the US Environmental Protection Agency (EPA) recently announced new regulations to limit methane emissions in the oil and gas industry.

Waste 150
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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge. The role that each party plays differs by region.

Waste 260
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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. This project will demonstrate the conversion of gaseous carbon wood wastes (terpenes) to renewable Terpenes SAF blending components.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

Financing 150
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Four Startups Aim to Change the Climate Tech Game

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That’s what John Hennessy, Stanford professor (and former president) and chairman of Alphabet , told attendees at the Stanford Global Energy Forum , held in-person this month on the Stanford University campus. million financing round. There are 2.6 million idle wells, Gregory continued, “with an average depth 5000 feet.”

Climate 100
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The Case for Nuclear Cargo Ships

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Vard Group is part of NuProShip , a consortium of the Norwegian maritime authority, universities, shipbuilders, and shipping companies that aims to develop a Generation IV reactor for marine vessels. Having an energy source that you can fit onboard a ship and does not compete with shore energy is a very high priority.”