Energy Update
Contributed by Anna Hilden, StormGeo
A new report by the National Renewable Energy Laboratory (NREL) examines the types of clean energy technologies, along with the scale and pace of deployment needed for the U.S. to reach 100% clean electricity by 2035.
Sponsored by InEight
Despite market uncertainties caused by, inflation, persistent labor shortages, and supply chain constraints, the construction industry remains optimistic, according to a new report from InEight.
Powertrain and propulsion company Bosch said it plans to produce fuel cell stacks at its Anderson, South Carolina, facility. The planned expansion is part of a more than $200 million investment likely to create 350 jobs by the start of production in 2026.
The fuel cell stacks will drive hydrogen-powered trucks that are expected to be deployed in the next few years.
Toyota said it plans to invest up to $5.6 billion in the U.S. and Japan to supply automotive batteries for battery electric vehicles. The automaker said it plans to begin battery production between 2024 and 2026.
The company said it intends to increase its combined battery production capacity in both countries by up to 40 GWh.
PORTLAND, Maine (AP) — Maine’s highest court on Tuesday breathed new life into a $1 billion transmission line to serve as a conduit for Canadian hydropower, ruling there was merit in developers’ claims that a referendum rebuking the project was unconstitutional.
By Shelley Robbins, Clean Energy Group
Solar advocates said that a so-called "monthly tax" on rooftop solar customers that was included in a proposal to extend the life of a nuclear power plant in California has been removed from the legislation at the urging of industry supporters.
(Wed, 31 Aug 2022) EIA presents alternative cases to the <em>Annual Energy Outlook 2022</em> (AEO2022) that isolate revenue streams for different battery storage applications. These cases focus on identifying whether revenue from energy or capacity markets are stronger drivers for future battery storage deployment across the United States.
Insurance brokerage Marsh said it launched an insurance and reinsurance facility for new and existing green and blue hydrogen energy projects.
The product was developed by Marsh along with insurers Liberty Specialty Markets, part of Liberty Mutual Insurance Group, and AIG. It is intended to provide up to $300 million of cover per risk for the construction and start-up phases of hydrogen projects globally.
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