⚡️ Energy
Energy production and consumption is becoming cleaner, cheaper and decentralized. With connected devices you as a consumer can take control of your energy consumption. Here you will also find content about batteries, smart grids, nuclear and other innovation in the energy field.
🌞 Solar and wind surpass fossil fuels in EU electricity production
Wind and solar power generated 30% of EU's electricity during the first half of 2024. For the first time, 13 EU countries produced more electricity from wind and solar than from fossil fuels.
🌅 Wind and solar energy surpass coal power in China
China's combined capacity for wind and solar power has for the first time exceeded coal. Solar energy is expected to surpass coal as China's primary energy source by 2026. China has reduced new coal power projects and is focusing on phasing out smaller coal power plants.
🔋 Come on, Northvolt is not a pipe dream, and batteries are not a green bubble
Is Northvolt a pipe dream? asked the reporter. That was when I realized this wasn't a serious investigation, but a witch hunt. Let’s scrutinize this absurd claim.
⚡ The fusion power industry continues to grow
Investments in the fusion industry increased to over $7.1 billion. Government funding increased by 57 percent. Timelines for electricity production from fusion in the 2030s remain unchanged.
☢️ First generation four reactor begins construction in the USA
Kairos Power starts building Hermes, the first Generation Four reactor approved in the USA. The reactor uses a new combination of fuel and coolant for increased safety and simpler design. With Generation IV, what is now seen as a problem, nuclear waste, is transformed into a resource.
📉 C02 emissions from energy in advanced economies at lowest level since 1974
Emissions in advanced economies fell by 4.5% during 2023. At the same time, GDP in advanced economies grew by approximately 1.7%. Coal use in advanced economies is down to the same level as in 1900.
🔋 Battery prices continue to drop, lowering the cost of electric vehicles
The price of lithium-ion batteries in China has decreased by 51 percent in the past year. Lower battery prices make electric vehicles cheaper than fossil fuel cars in many segments, and large-scale battery solutions in energy systems become more profitable.
☢️ Bill Gates invests in next-generation nuclear power in Wyoming
Bill Gates and his energy company TerraPower are starting the construction of an advanced nuclear power plant in Wyoming. The project uses sodium for cooling instead of water, making it safer and more efficient. The plant is estimated to cost up to 4 billion dollars.
🔋 Elonroad delivers electric switches to the energy society
The key to a low and fixed price for green electricity is the sharing of energy. This requires batteries and other energy storage solutions - and an electric switch. Elonroad will become the supplier for such a switch. Another piece is added to the energy society.