Environment

As states reach higher toward 100% renewable operation, energy storage will be key to enabling a more variable power supply. But no single technology will be a silver bullet for all our energy storage needs. Rather, a portfolio of storage solutions makes best economic sense for future energy systems, according to a recent National Renewable

Saudi Arabia’s finance minister has told CNBC that an “even worse” energy crisis could be triggered if the world is not careful with its climate policies. “If we are not careful about what we are doing to achieve our targets, we may end up having [a] very serious energy crisis like what we are seeing

Surrounded by local, state and national officials, California Governor Gavin Newsom speaks during a news conference at Bolsa Chica State Beach in Huntington Beach, site of the the recent offshore oil spill, on Tuesday, October 5, 2021. waters. Mark Rightmire | MediaNews Group | Orange County Register via Getty Images California Gov. Gavin Newsom on

In this article RY4C-IE The CEO of Ryanair has acknowledged the need for ambitious sustainable aviation fuel targets while also expressing concerns about how food prices could be affected. During a discussion at CNBC’s Sustainable Future Forum on Wednesday, Michael O’Leary said his firm was investing “a lot of money” with Trinity College Dublin on

Tesla CEO Elon Musk and Christian Democratic Union (CDU) party leader Armin Laschet visit the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk has said the fundamental good the electric car maker does will be measured in the acceleration of the world

The last 3 months have demonstrated a surge in solar installations in India. If this rate continues, coal-fired power could peak in 2024 and this increased solar generation could satisfy India’s increasing thirst for energy. After a dip in 2020 due to COVID, solar installations have quadrupled in the last three months — from a

In this article SRG-IT ENR-DE The CEO of Siemens Energy has spoken of the challenges facing the green hydrogen sector, telling CNBC that there was “no commercial case” for it at this moment in time. In comments made during a discussion at CNBC’s Sustainable Future Forum on Tuesday, Christian Bruch outlined several areas that would

Justin Sullivan | Getty Images You may want to get used to higher prices at the pump, at least for now. As of Monday, the average cost of a gallon of gas was $3.30, up 7.5 cents from a month ago and $1.08 higher than a year ago, according to fuel savings app GasBuddy. By

WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today awarded nearly $40 million to 40 projects that are advancing the next generation of solar, storage, and industrial technologies necessary for achieving the Biden–Harris administration’s climate goal of 100% clean electricity by 2035. Specifically, the projects will reduce the cost of solar technologies by increasing

As I sit at my desk in front of my computer, the sun is shining and my pool looks very inviting outside my office window, but I am driven to write. Australia gets a lot of bad press internationally about our love for fossil fuels and how we are dragging our feet on climate change

In this article 9868-HK Less than half a year since revealing a flying vehicle prototype, Chinese electric car start-up Xpeng unveiled a second model at the Shanghai auto show in April 2021. Evelyn Cheng | CNBC GUANGZHOU, China — HT Aero, the flying car company backed by Chinese electric carmaker Xpeng Inc. and its founder,

Andrew Forrest, Mukesh Ambani, and Larry Fink walk into a bar — “looks like it’s coke zero all round,” says the bartender. The richest man in India (Ambani) has set a goal of net-zero emissions by 2035 for his company. Australia’s Andrew Forrest has pledged net-zero emissions in phases, mostly by 2030 (scope 1 &

In this article VWS-DK The shadow of a turbine from a wind farm is seen on a field in Brandenburg, Germany. As technology develops, the size of wind turbines is increasing. Patrick Pleul | picture alliance | Getty Images Vestas has announced plans to install a prototype of its 15 megawatt offshore wind turbine at

Andrew Forrest’s Fortescue Future Industries has bought a majority stake in technology group HyET. Its “Powerfoil” solar technology is described as extremely lightweight (5% of the weight of traditional glass panels), and with a significantly lower levelized cost of energy. HyET is also invested in hydrogen electrolyser technology. “The electrically active layers consist of SnO2:F,

Empty shelves that usually stock bottled water at Sainsbury’s supermarket, Greenwich Peninsular, on September 19, 2021 in London, England. Chris J Ratcliffe | Getty Images The U.K. has emerged from the Covid-19 pandemic to find itself faced with an onslaught of new economic crises that have left the country in “a precarious position,” experts have

A Shell employee walks past the company’s new Quest Carbon Capture and Storage (CCS) facility in Fort Saskatchewan, Alberta, Canada, October 7, 2021. Todd Korol | Reuters As energy sector demand roars back and commodities market pundits talk about the return of $100 oil, there are new factors in the energy sector pushing producers to

Here’s the thing about renewables like wind and solar that many people don’t get. The “fuel” that makes them work is free. That is not to say the devices we construct to harvest energy from wind and solar don’t cost anything and don’t contribute some greenhouse gas emissions. But let’s not pretend that somehow all

Prince William photographed during a visit to Dulwich Hamlet FC in south London on September 23, 2021. Kirsty O’Connor – WPA Pool | Getty Images Entertainment | Getty Images Prince William appears to have taken a swipe at the space tourism espoused by some of the world’s most high-profile billionaires. Speaking to the BBC, William

Courtesy of RMI.By Ryan Shea & Russell Mendell Through the Justice40 Initiative, President Biden has made clear that bringing clean energy benefits to marginalized and low-income communities is a priority. Right now, low-income households experience up to three times higher energy burden (the percent of household income spent on energy costs) than high-income households. Rooftop solar is one of

By Samantha Wilt, Senior Policy Analyst, Climate & Clean Energy Program The landmark Climate Leadership and Community Protection Act’s (CLCPA) ambitious goal to reduce greenhouse gas emissions 85% by 2050 will require a  transformation of the power, transportation and building sectors. As highlighted in the New York State Energy Research and Development Authority’s (NYSERDA) recently released draft Carbon