January 29 NEC Energy News
¶ “MP Pushes For Tidal Lagoon In Bristol Channel” • Building a tidal lagoon in the Bristol Channel could provide clean energy for 120 years, an MP has said. The proposed West Somerset Lagoon would cost £10 billion to build, a third of the cost of a nuclear plant, and its lifespan would be twice that of a nuclear power plant. [BBC]
¶ “Major Bill On Nuclear Power Wins Unanimous Vote In House Committee” • A major bill opening the door for nuclear power in Utah is advancing in the state legislature. The House Public Utilities committee voted unanimously on Monday to support House Bill 249, which lays the groundwork for eventual nuclear power plants in the state. [FOX 13 News Utah]
¶ “Renewable Energy Accounts For 56% Of China’s Total Installed Capacity” • Newly installed capacity of renewable energy in 2024 made up 86% of China’s total newly installed capacity, while the cumulative installed capacity of renewable energy was a record 56% of the nation’s total, according to data from the National Energy Administration. [Yicai Global]
¶ “Seaweed Farms Are An Important Carbon Sequestration Strategy” • A study by the Oceans 2050 Global Seaweed Project found that seaweed farming can be an important method of carbon sequestration. Started in September 2020, the project aims to use seaweed farming to mitigate climate change and restore ocean health. [CleanTechnica]
¶ “UK Is On Track To Miss Its Renewable Energy Goals” • The UK government has made pledges and efforts to have clean power provide nearly all of Britain’s electricity by 2030. But the country is on track to miss its wind and solar capacity targets as operational and investment constraints are hampering a faster pace of installations. [OilPrice.com]
¶ “What In The World Is Going On With AI?” • On Monday, January 27, 2025, the spectacular run-up in the market valuation of Big Tech companies that are driving the AI revolution forward came to a screeching halt. They ended the trading day with losses totaling over a trillion dollars. Someone in China showed they could do AI a whole lot cheaper. [CleanTechnica]
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