A fumbled layoff hurt morale at Exxon, and it could hinder the oil giant s recovery Benji Jones
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It s Friday before a long weekend. What joy.
Last month I had the pleasure of interviewing Bill Gates about his climate and energy work, and the role of tech in slowing global warming. Stay tuned for our coverage over the weekend.
Published: 9 Feb 2021, 14:28
By:
Andy Colthorpe
Artist rendering of the 250MWh LAES project Highview is building near Manchester, UK. Image: Highview Power.
A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery’.
Highview’s proprietary technology is aimed at enabling bulk storage of electricity for grids safely and for long-durations, aiding the integration of renewable energy and providing grid services. The CRYOBattery cools ambient air to -196°C which is then stored at low pressure before being heated and expanded to drive a turbine and generate power. CEO Javier Cavada previously told
PGIM Real Estate acquires strategic equity stake in Australian VC Taronga Ventures
Photo by Andrea Natali on Unsplash Premium
New York-based PGIM Real Estate announced on Wednesday it has acquired a strategic equity stake in Australia-based venture capital firm Taronga Ventures, further supported by a commitment to Taronga’s RealTech Ventures Fund.
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The startup ZeroAvia is developing technology to power airplanes with hydrogen fuel cells.
It recently won backing from Bill Gates Breakthrough Energy Ventures, Amazon, and Shell.
Major challenges lie in the path to hydrogen-powered flight. ZeroAvia says it s eating away at them.
When hydrogen gas inside the Hindenburg exploded in 1937, the era of airship travel came to an end.
Now the very same gas is reentering the aviation industry. And this time it s kicking off a new era one of zero-carbon travel.
Hydrogen can be used in fuel cells to power electric motors or combusted to drive an engine. Either way, the gas doesn t generate carbon emissions if it s made using renewable energy.
By Hayley Woodin | January 28, 2021, 7:00am
“This is a race,” says Clean Energy Canada executive director Merran Smith | Submitted
The Biden administration’s focus on climate change – one of four immediate priorities – has clean technology leaders excited.
“I think we’re all a little giddy,” said Jonathan Rhone, chairman of the BC Cleantech CEO Alliance and president and CEO of Axine Water Technologies. “I think the stage is set.”
Biden’s climate plan is “ambitious and high profile,” said Kathryn Harrison, a political science professor at the University of British Columbia, and, if successful, it will see the largest economy in the world rejoin the Paris Agreement, move toward net-zero carbon emissions by 2050 and invest US$1.7 trillion in clean energy and decarbonization.