January 15 NEC Energy News
¶ “Ten-Fold Solar Growth Needed In Climate Fight, Says PV ‘Godfather’” • Nations at COP28 may have agreed to help triple renewable energy capacity globally in seven years, but a pioneer of PV technology wants the solar industry to focus on a larger goal: increase the yearly installed capacity by 10 times, in the next 10 years. [Eco-Business]
¶ “Can The Dream Of Fusion Power Be Realized?” • For the better part of a century, astronomers and physicists have known that a process called thermonuclear fusion has kept the Sun and the stars shining for millions or even billions of years. And ever since that discovery, they’ve dreamed of using that energy source to power the modern world. [Canary Media]
¶ “Sodium Batteries Challenge Lithium-Ion On Cost, Supply Chain” • One key area of interest for a low-cost alternative to lithium is sodium. But compared to lithium, sodium is heavy. Nevertheless, sodium batteries are relatively inexpensive and free from thorny supply chain issues, and they are starting to bust into the mainstream market. [CleanTechnica]
¶ “Is Seabed Mining An Economic Necessity Or A Hazard?” • The Metals Company, uses remote-controlled machines the size of trucks “to scoop up rocks sitting on the sea floor.” Testing is going on, but the Canadian business hopes to get authorisation to start commercial mining in international waters in the north Pacific as early as the end of 2025. [BBC]
¶ “The EV Revolution In The US Is Just Getting Started” • This year is expected to set another EV sales record both for volume and total market share. Colin McKerracher of BloombergNEF projects EV sales in the US this year will total about 1.9 million units or 13% of new car purchases. This year should also see fewer of the supply constraints. [CleanTechnica]
¶ “US EV Market Grows 29% In 4th Quarter, Tesla Holds 56% Market Share” • The US electric vehicle market continues to grow, despite many headlines implying the contrary. In the 4th quarter, sales of full battery EVs were up 29% compared to sales in the 4th quarter of 2022. Compared to the 4th quarter of 2021, sales were up 122%. [CleanTechnica]
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