Energy

The Ethical Implications of Big Tech's Investment in fusion energy 

Public opinion says that fusion energy, which is considered the source of large, affordable, safe, and clean power, will always stay an old form of energy that companies are no longer using. However, privately funded fusion energy start-ups like Commonwealth Fusion Systems, TAE Technologies, and General Fusion are starting to build prototype demonstration plants.  Meanwhile, […]

The Economics of Fusion Energy 

Nuclear fusion is the sun’s ignition process to release energy. In simple terms, but still hard to comprehend if you’re not a nuclear physicist, this is the release of energy when two atoms merge. Scientists are developing this type of energy, but their work is still in its infancy; the energy expended to produce fusion […]

U.S Details Plan to Draw Clean Energy Into Oil, Coal Communities

The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy projects, […]

Factbox - What to Look for at China's NPC Meeting of Parliament

China’s rubber-stamp parliament, the National People’s Congress (NPC), wraps up on Monday, capping what is expected to be the biggest government reshuffle in a decade after setting a modest target for annual economic growth. Coming months after President Xi Jinping secured a norm-breaking third term as supreme leader, the sessions will further consolidate his authority […]

Exclusive - Hydrogen Firm Thyssenkrupp Nucera Says IRA Spurring U.S. Interest

German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy’s De Nora if the market takes off. Thyssenkrupp Nucera held talks about several potential green hydrogen projects “with very concrete timelines” during a trip to […]

China Leads US in Global Competition for Key Emerging Technology, Study Says

China has a “stunning lead” in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after tracking defence, space, energy and biotechnology. The Australian Strategic Policy Institute (ASPI) said its study showed that, in some fields, all of the […]

Europe's Spend on Energy Crisis Nears 800 Billion Euros

European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis. European Union countries have now earmarked or allocated 681 billion euros in energy crisis speding, while Britain allocated […]