October 19 NEC Energy News
¶ “Nuclear-Powered Cargo Ship Is A Suspect In Baltic Pipeline Breach” • A nuclear-powered cargo ship is one of two vessels that attracted investigators’ attention after damage to a subsea gas pipeline in the Baltic. It seems it was in the wrong place at the wrong time. The Sevmorput is the last nuclear-powered cargo vessel in the world. [The Maritime Executive]
¶ “Achieving Energy Security Without Nuclear Power” • “I was asked by a government official in the energy sector: ‘Without nuclear energy, how can Vietnam meet its energy demands?'” According to the IEA’s Net Zero Emission by 2050 Scenario, the goal of reaching net zero emissions will be done almost entirely on renewable energy. [VnExpress International]
¶ “Expectations For Tesla Have Just Gotten Too Ridiculous” • In Tesla’s third quarter 2023 conference call for investors, Elon Musk sounded a bit depressed. And investors wanted to know why the expectation was that Tesla’s sales volume for 2024 would only be up 28% from 2023. Why was it not rising at a CAGR of 50%, as it was supposed to do? [CleanTechnica]
¶ “Ingka Invests In Source Galileo’s Offshore Wind Portfolio” • Ingka Investments, the investment arm of IKEA’s largest retailer, Ingka Group, will take a 20% stake in the offshore wind project portfolio of Source Galileo, who are developing 10 GW of wind to electricity and hydrogen production off the northwestern coasts of Europe. [Power Engineering International]
¶ “CSIRO Claims Falling Particle Concentrated Solar Power Can Lead To A Net Zero Economy” • Australia’s Commonwealth Scientific and Industrial Research Organization says a research facility for concentrated solar power made a breakthrough with “falling ceramic particles” technology, which captures and stores solar energy as heat. [CleanTechnica]
¶ “GOP-Led States And Industry Groups Ask Supreme Court To Block Biden’s ‘Good Neighbor’ Pollution Rule” • GOP-led states, fossil fuel groups, and utilities filed an emergency request asking the Supreme Court to block the implementation of the “good neighbor” rule, which aims to reduce air pollution that wafts across state lines. [CNN]
¶ “$3.5 Billion For Largest Ever Investment In America’s Electric Grid” • White House Infrastructure Implementation Coordinator Mitch Landrieu and Secretary of Energy Jennifer M Granholm announced $3.46 billion in funding for 58 projects in 44 states to strengthen electric grid resilience and reliability throughout the country. [CleanTechnica]
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