WELCOME TO The greenenergy REPORT
Can nuclear power help save us from climate change?
| September 23, 2019
Nikola Power is a pioneer in the energy storage and solar space. We possess patented algorithms that are capable of revolutionizing the way storage technology is utilized in the renewable energy industry.
Article | February 23, 2020
2020 may turn out to be the year of the battery. The Trump administration has made grid-level battery backup a focus of its Energy Storage Grand Challenge -- an effort to create an all-American supply chain for advanced battery technologies. Meanwhile, Texas, which is the only state to run its own electricity grid, is offering up to $9000 a megawatt-hour for peak summer battery power. And on the other side of the world in South Australia, Tesla has been asked to up the capacity of its mammoth battery in the desert to 193.5 megawatt-hours, or about double the storage capacity of the entire Texas state grid.
Right now, renewable energy makes up a very small part of the entire energy sector of Bangladesh. But as we move into the future, and concerns about the environment become too great to ignore, exploring cleaner and greener sources of energy becomes the need of the hour. Our economy is booming, and our population is growing, so it goes without saying that our energy requirements are immense. There is plenty of scientific evidence that burning fossil fuels indiscriminately is not sustainable in the long term, so we do need to up our game in looking at alternatives.
You know things are getting exciting when German bureaucrats are turning emotional, as happened one month ago in Berlin: “Hydrogen is the shit! And we need it desperately.” Thomas Herdan, the bureaucrat in question, is a prominent policymaker in the German Economic Ministry and, until that moment, was known for analytical thoughtfulness rather than for enthusiastic outcries.
His excitement, however, is shared by governments and businesses around the world. The International Energy Agency IEA estimates that every year, the world’s governments pour $700 million into R&D for hydrogen applications alone. A few months ago, the U.S. announced $40 million in funding for 29 hydrogen projects across the country. As IEA puts it, hydrogen currently has “unprecedented political and business momentum”.
The U.S. solar industry is preparing to argue that its workers are essential to the economy as it copes with a growing pile of government-mandated shutdowns to combat the spread of COVID-19. State-, county- and city-wide shutdowns, which are already in place in California, the nation's largest solar market, as well as New York and Dallas County, Texas, largely called for employees of “nonessential” sectors to stay home; the orders now cover about 20 percent of U.S. residents, according to the New York Times.
Keep me plugged in with the best
Join thousands of your peers and receive our weekly newsletter with the latest news, industry events, customer insights, and market intelligence.
Put your news, events, company, and promotional content in front of thousands of your peers and potential customers.
Not a member yet? Not a problem, Sign Up
Sign up to contribute and publish your news, events, brand, and content with the community for FREE