January 23 NEC Energy News
¶ “Lowering Energy Costs And Emissions In Rural America” • Updates are needed with climate change. So the NRDC endorsed the REAP Modernization Act, introduced by Senators Tina Smith and Ben Ray Luján and Representatives Abigail Spanberger and David Valadao, and the Rural Energy Equity Act, introduced by Senator Peter Welch. [CleanTechnica]
¶ “UK Government To Plow An Extra £1.3 Billion Into A Nuclear Plant” • The UK government says it will make £1.3 billion ($1.9 billion) of additional funding available to build the Sizewell C nuclear reactor project with EDF. Opponents of the project criticised the additional government funding, saying it lacked transparency. [Yahoo Finance]
¶ “Euro 2024 E-Mobility Partner Is … BYD!” • Europe has a huge legacy auto industry, and many of these new electric cars come from those German, French, and other European auto brands. But the automotive company sponsoring UEFA’s Euro 2024, set to be its official e-mobility partner, is Chinese. BYD is the largest EV maker in the world. [CleanTechnica]
¶ “BEV Sales Shoot Past All Expectations in Brazil In December, Rise 700%!” • Not long ago, Brazil’s battery EV sales were just symbolic: a fraction of a fraction. But the second half of 2023 has broken record after record, breaking all expectations and closing in on 3% battery EV share of the overall automobile in December, 700% growth YOY. [CleanTechnica]
¶ “NI Saves £243 Million From Wind Power In 2023” • Wind Energy Ireland, with the help of energy specialists Baringa, reported that Northern Irish wind farms saved £243 million in 2023. The Irish renewable energy organisation confirmed in its annual report that 35% of the whole island’s electricity was provided by wind farms. [Current News]
¶ “The $1.6 Trillion Future Of The Auto Tech Opportunity” • The automotive industry is undergoing a significant transformation, with autonomous driving, EVs, connected and software-defined vehicles, and in-cabin monitoring at the forefront. Such changes are expected to create a market opportunity some estimate to be worth $1.6 trillion by 2034. [CleanTechnica]
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