"Big businesses are riding the solar wave "

| January 24, 2017

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When world leading brands make bold commitments, it makes the business world sit up and listen, especially when those commitments are about green energy. So when the IKEA Group and Mars Inc. recently promised to power all of their operations with solar panels and wind turbines within the next decade, it made the headlines.

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TerraPower LLC

TerraPower is a nuclear energy technology company based in beautiful Bellevue, Washington. We work to raise global living standards by creating new forms of energy. TerraPower aspires to develop scalable, sustainable, low-carbon and cost-competitive energy sources that will allow all nations to quicken their pace of economic development and reduce poverty. This mission-driven innovation distinguishes our efforts from other endeavors.

OTHER ARTICLES

How to Develop the US Offshore Wind Supply Chain

Article | March 10, 2020

In the longer term it is obvious that having significant manufacturing capacity in coastal US states makes more sense than making components elsewhere and sending them on long sea journeys to their installation site. However, in the short term the sector will require a great deal of imported machinery and skills. International free trade has been instrumental in creating a positive marketplace for offshore wind, by driving down costs and accelerating growth. Unfortunately, this has had contrary effects on local prosperity, where areas do not receive the benefits of investment. Public and political support for offshore wind developments can therefore be undermined.

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How Artificial Intelligence is changing the Energy Sector

Article | April 9, 2020

Artificial Intelligence, or AI, has gained relevance in many different fields of our life, using machine learning to analyse historical and new data in order to make predictions, improve control operation and perform tasks much faster than a human and with more efficiency. The energy sector is using AI to increase energy efficiency by reducing consumption, improving energy storage and grid stability, making predictions about energy consumption, to have more accuracy to find oil & gas and many other applications. When it comes to renewable sources, AI is improving the weather forecasts for the development of new plants and to make better planning of control & maintenance. Let’s take a look in some projects and how they are affecting the energy sector.

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Recognizing and solving challenges in renewable energy land usage

Article | February 14, 2020

As anyone familiar with the saga of the Spotsylvania solar project knows, an inherent difficulty in developing renewable energy projects comes in finding the right project location, both in terms of size and siting. This is one of the topics analyzed in a new report released by The Brookings Institute: “Renewables, land use, and local opposition in the United States.” It’s a hard fact that renewable generation uses more land than fossil fuel systems, with solar having slightly lower median land use than both on- and offshore-wind, despite a large variance in total land density values. While this presents an issue for renewable developers, the silver lining is that renewable energy can be sustained indefinitely on the same land base, while mines and wells will eventually run out. As a solution, the study recommends greater development on brownfields, as well as floating PV, though the authors do recognize the capped potential of floating PV at around 10% of current U.S. electricity generation.

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2020: The Year of Convergence in Corporate Renewables

Article | February 10, 2020

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

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Spotlight

TerraPower LLC

TerraPower is a nuclear energy technology company based in beautiful Bellevue, Washington. We work to raise global living standards by creating new forms of energy. TerraPower aspires to develop scalable, sustainable, low-carbon and cost-competitive energy sources that will allow all nations to quicken their pace of economic development and reduce poverty. This mission-driven innovation distinguishes our efforts from other endeavors.

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