Ocean engineering firm Tadek delivers floating wind study for Marine Power Systems
Power Info Today Magazine
by Venkat L
11h ago
The report assesses through-life performance of Tension Leg Platforms (TLP) compared to Semi-Submersible alternatives for Floating Offshore Wind Turbines (FOWT). In-depth analysis covers several key areas including platform sizing, assembly and fabrication arrangements, quayside and port operations, tow and stability, mooring and cable installations, mooring hook up and operation performance. Moreover, the report meticulously examined the benefits and drawbacks associated with both SemiSub’s and MPS’ PelaFlex TLP system across various stages of operation. Th ..read more
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Airborne Wind Energy developer Kitemill prepares for 24hour operation and multi-device demonstrations
Power Info Today Magazine
by Venkat L
11h ago
Norwegian Airborne Wind Energy developer Kitemill is preparing its technology for 24-hour continuous flights followed by multi-device demonstrations, marking a significant breakthrough for the industry. Kitemill CEO Thomas Hårklau said rapid advances will be made in 2024 after securing more than €2million in funding from Dutch investment entity Expanding Dreams. Together with smaller investors and a tax relief grant, the combined multi-million-euro package covers the majority of planned activity for the year. “We have a permit to set up five systems, plus equipment to set up two,” said Mr Hårk ..read more
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10 Takeaways From The New EU Decarbonization Path To 2040
Power Info Today Magazine
by Venkat L
1w ago
On February 6, 2024, the European Union went ahead and released three documents that together go on to redefine the roadmap when it comes to decarbonization to 2040 and beyond- its 2040 Climate Target, the Net Zero Industry Act- NZIA as well as its Industrial Carbon Management Strategy. As with certain other decarbonization policies, in time, other major economies are most likely to follow the EU’s lead, thereby making their implications doubly significant. Let’s have a look at what they go on to mean for the bloc’s low-carbon economy. Bold intent, but funding is required so as to deliver The ..read more
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Biden-Harris Administration announce $750 million towards clean hydrogen projects ahead of World Hydrogen North America in Houston this May
Power Info Today Magazine
by Venkat L
1w ago
The global focus on hydrogen as a clean, versatile, and sustainable energy carrier continues to intensify. The Biden-Harris Administration’s announcement of a $750 million investment across 52 projects to support America’s growing clean hydrogen economy, as highlighted in a recent article published by the U.S. Department of Energy, underscores the momentum behind hydrogen as a critical component of the nation’s energy transition. Against this backdrop, the upcoming World Hydrogen North America Congress is poised to convene in Houston from May 21 to May 23, 2024, to discuss the latest advanceme ..read more
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Phenomenal Impact of AI In Lithium Batteries Suggests Study
Power Info Today Magazine
by Venkat L
1w ago
New research when it comes to using artificial intelligence- AI so as to optimize lithium battery recycling could go on to see major environmental as well as economic benefits. It is well to be noted that scientists from the University of East London- UEL, the University of Lincoln, and Nex Power have gone on to develop a framework for making use of AI that promises to make it pretty easy so as to reuse lithium, which means less waste and, of course, much greater efficiency. It is worth noting that the framework happens to serve as a valuable guide for researchers as well as practitioners who ..read more
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Battery Scrap Recycling Tech Witnessing A Steady Growth
Power Info Today Magazine
by Venkat L
1w ago
As the world continues to become increasingly dependent on portable electronic devices as well as electric vehicles, the demand for batteries has risen. But this growing demand has also gone on to lead to a prominent increase in battery waste, hence presenting a very pressing environmental issue. So as to address this issue, advancements in battery scrap recycling technology have come up as a beacon of hope, thereby offering a sustainable solution in order to manage and repurpose discarded batteries. Let us explore the latest developments that are taking place within battery scrap recycling te ..read more
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New York Allocates $16 Million To Support Clean Hydrogen
Power Info Today Magazine
by Venkat L
1w ago
New York State has gone on to announce a $16 million funding package so as to support clean hydrogen research, development, and demonstration (RD&D) as well as the applicants for wider federal hydrogen funding. Administered by the New York State Energy Research and Development Authority- NYSERDA, the state happens to be offering two competitive opportunities under its Hydrogen as well as Clean Fuel Program, with $11 million available for RD&D. Product development, when it comes to a marketable technology product, system, strategy, or even service, as well as any testing or validation o ..read more
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Expanding Grid-Tied Energy Storage & Falling Battery Prices
Power Info Today Magazine
by Venkat L
1w ago
We happen to be in the midst of a year-long acceleration when it comes to the decline of battery cell prices, which happens to be a trend that is indeed reminiscent of the recent solar cell price reductions. Since what was experienced last summer, lithium battery cell pricing has slashed by almost 50%, as per Contemporary Amperex Technology Co. Ltd.- CATL, which is the world’s largest battery manufacturer. In early summer last year, publicly available prices happened to range from CNY 0.8 ($0.11)/Wh to CNY 0.9/Wh, or almost $110/kWh to $130/kWh. Pricing in the first part primarily fell by abou ..read more
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Lithium-Ion Batteries – Capable of Extreme Fast Charging
Power Info Today Magazine
by Venkat L
1w ago
It is well to be noted that the current society is shifting en masse from fossil fuels to renewable resources as well as electric batteries. In spite of the urgency to transition to greener methods, core challenges, which happen to be related to efficiency as well as sustainability, go on to pose a hurdle to overcome. For example, the mass market embrace of lithium-ion (Li-ion) batteries for usage in electric vehicles happens to be hindered by way of slow charging speeds. Apparently, extreme fast charging, in which 80% of the battery gets charged within 10 minutes, high energy density, as well ..read more
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$6bn Chips Act incentive to Grow Beyond Texas for Samsung?
Power Info Today Magazine
by Venkat L
1w ago
There are some who suggest that Samsung Electronics may go on to receive more than 6 billion U.S. dollars in subsidies via the U.S. government’s Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022, which is also known as the CHIPS Act. This amount goes on to surpass the expected $5 billion subsidy for TSMC from Taiwan. On March 7, Bloomberg News went on to site multiple sources and reported that the U.S. plans to award over 6 billion dollars to Samsung Electronics Co., hence helping the chipmaker to expand beyond a project in Texas. Apparently, the federal funding for ..read more
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