It's the largest deal of this kind to date for CFS, according to COO Rick Needham. The collaboration with Realta Fusion emphasizes the importance of high-temperature superconducting magnets in advancing fusion technology.
Metafuels' aerobrew technology converts renewable methanol into drop-in jet fuel, delivering up to 90% lower lifecycle emissions than conventional kerosene, with no modifications needed for existing aircraft.
Fusion power seeks to use the energy released from the fusing of atoms to generate electricity. Humans have known how to fuse atoms for decades, from the hydrogen bomb to various fusion devices built in labs.
"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."
The group points out, correctly, that the grid is designed for brief bursts of high demand; most of the time there's lots of capacity that goes unused. Utilize thinks that should change. The group argues that smarter ways to use that capacity already exist. Utilize name checks a number of those solutions, including battery storage, demand response, and virtual power plants, all of which have emerged en masse over the last decade, but remain under utilized.
Brookfield Renewable pays a quarterly distribution of $0.392 per unit, annualizing to roughly $1.57. With the stock trading around $39.36, that puts the yield in the neighborhood of 4%, and the company just announced a 5% distribution increase. The next payment hits March 31, 2026.
Researchers in China have reportedly tested a new, gravity-defying wind turbine system that they say could generate power from the airspace above cities. The turbine is called the S2000 Stratosphere Airborne Wind Energy System, or SAWES. Held up by what is essentially a helium blimp, the machine reportedly generated 385 kilowatts of electricity from 2,000 meters (more than 6,500 feet) above the city of Yibin in China's province of Sichuan, according to a recent Euronews report.
The pioneering technology means one of the oldest forms of energy storage, hydropower, can be used to store and release renewable energy using even gentle slopes rather than the steep dam walls and mountains that are usually required. The design means the principles of hydropower could be used as a form of long duration energy storage in many more locations across the UK, and the world, than traditional hydropower dams. The projects could be quicker and cheaper to build too.
Startup Lunar Energy is the latest example. The six-year-old company, which builds battery packs for homeowners in California, Georgia, and Washington, said Wednesday it has completed two large funding rounds. The startup shared it raised a previously unannounced $130 million Series C and a $102 million Series D. The Series C was led by Activate Capital, while the Series D was led by B Capital and Prelude Ventures.
When Specian dug into the data, he discovered that implementing energy-efficiency measures and shifting electricity usage to lower-demand times are two of the fastest and cheapest ways of meeting growing thirst for electricity. These moves could help meet much, if not all, of the nation's projected load growth. Moreover, they would cost only half-or less-what building out new infrastructure would, while avoiding the emissions those operations would bring.
We can keep tethering ourselves to volatile geopolitics, to fossil fuel prices we'll never control, and to an energy system built on instability and extraction-or we can choose the alternative that's right in front of us: harnessing the sun here at home on our own rooftops. By rapidly accelerating local solar in New York, we can build power right here in our communities, beyond the reach of coups, cartels, and commodity shocks.
Solar and wind power provided more electricity than coal and gas last year, leading a global trend, said think tank Ember. Solar and wind power outperformed fossil fuels in the European Union for the first time last year, a new high watermark on Europe's transition to green and autonomous energy. The two sources of energy generated 30 percent of EU electricity, compared with 29 percent for coal and gas, Ember, a global energy think tank, said on Thursday in its European Electricity Review.
