Virtual power plants are gaining traction in North America, with estimates suggesting significant growth potential by 2030. Despite facing challenges, VPPs are seen as a valuable solution for power system needs, but their scalability and compensation mechanisms need to be addressed for further growth.
Collapse of $9.3B Nuclear Power Plant Plan Raises Questions for Advanced Reactors
The collapse of a plan to build a nuclear power plant with small modular reactors raises concerns about the feasibility of advanced reactors. The project, backed by the U.S. Department of Energy, faced rising costs and lack of buyers. NuScale’s conventional design was the closest to construction. Small reactors offer simplicity and cost reduction, but larger reactors are more fuel efficient. NuScale’s design, using water and low-enriched uranium, won approval from the Nuclear Regulatory Commission. However, the cost of the project continued to rise, making the power significantly more expensive than wind or solar.
Capitalism’s New Age of Plagues, Part 1
This is the first of a series of articles on the causes and implications of global capitalism’s descent into an era when infectious diseases are ever more common.
The IEA Busts 10 Myths about the Energy Transition
Renewables are growing exponentially, RMI has shown. The shift is transformative, but also widely undercounted. The International Energy Agency’s latest findings — on renewables’ rise and oil demand peaking — […]
Tesla could make billions in revenue by letting Ford and other electric vehicle drivers use its U.S. charging stations
As of February, owners of Ford electric vehicles in North America, specifically the Mustang Mach-E and F-150 Lightning models, can now utilize Tesla Superchargers for charging. Ford’s CEO, Jim Farley, […]
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