Harvard scientists have identified a new class of high-performing organic molecules, inspired by vitamin B2, that can safely store electricity from intermittent energy sources like solar and wind power in large batteries.
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Private investors such as Microsoft co-founder Bill Gates, Amazon CEO Jeff Bezos, Facebook founder Mark Zuckerberg and Chinese billionaire Jack Ma are among many from around the world who are backing new types of nuclear reactors that will be safer and more efficient than those operating today.
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A new global focus on renewable energy to avert climate change got a burst of financial power in June as the World Bank Group signed an agreement with the International Solar Alliance – 121 countries led by India – to mobilize US$1 trillion in investments by 2030.
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Luxury electric automaker Tesla unveiled its latest model at a March 31 event, and demand was so strong for the $35,000 Tesla Model 3 that within the week 325,000 would-be customers purchased preorders at US$1,000 each.
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Since the Paris Climate Agreement was reached in December, preventing the greenhouse gas carbon dioxide (CO2) from entering the atmosphere has become a top priority for many governments, utilities and private individuals who believe climate change to be the major problem of this generation.
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A fully renewable energy system for Russia and Central Asia by 2030 is achievable and economically viable, finds newly published research by Finnish scientists.
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“Mobilising energy efficiency is an urgent priority,” says Fatih Birol, executive director of the International Energy Agency. “To transition to the sustainable energy system of the future, we need to decouple economic growth from greenhouse gas emissions. Energy efficiency is the most important “arrow in the quiver” to achieve this,” writes the Turkish economist and energy expert in the IEA’s new Market Report.
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