May 7 NEC Energy News
¶ “Rechargeable Molten Salt Battery Freezes Energy In Place For Long-Term Storage” • For long-term energy storage, researchers at Pacific Northwest National Laboratory showed that freezing and thawing a salt solution can be the basis for a rechargeable battery that can store energy cheaply and efficiently for weeks or months at a time. [Scientific American]
¶ “Senator Markey Secures Environmental, Financial Protections For Pilgrim Nuclear Power Plant” • Senator Edward J Markey got commitments from Holtec, the company decommissioning the Pilgrim nuclear plant, that it would not discharge radioactive, contaminated water into Cape Cod Bay without the consent of stakeholders. [Senator Edward Markey]
¶ “GE Renewable Energy Buys Minority Stake In 3D Printing Firm” • GE Renewable Energy has acquired a minority stake in Danish 3D printing firm COBOD International. The investment will give GE Renewable Energy greater access to COBOD’s 3D printing technology, which can be used to make wind turbine towers onsite at wind farms. [Power Technology]
¶ “Texas Is In Turmoil, As Green Finance Is Very Appealing To Major Funds” • Last year the Texas legislature passed a law to stop fund portfolios that don’t include fossil fuel companies from doing business in the state. They may not business with companies the State Comptroller says are “boycotting” fossil fuels. But loopholes are being used. [CleanTechnica]
¶ “Gravity-Based Storage Team Kick Off Construction In China” • Energy Vault, Atlas Renewable, and China Tianying have started construction of a 100-MWh gravity-based storage system adjacent to a wind farm and national grid site at Rudong in Jiangsu province, China. The EVx system will be the first to be deployed in the country. [reNews]
¶ “Solar Energy Projects Are Grinding To A Halt In The US Amid Investigation Into Parts From China” • The solar energy industry has been thrown into a panic and projects are grinding to a halt after the Biden administration launched an investigation into whether parts from Southeast Asia might actually have been made in China which has higher tariffs. [CNN]
¶ “Tesla Financing Rates Are The Lowest In The Industry” • It’s true that Teslas are premium-priced, but their financing deals can make them compelling. CarsDirect outlines some good news for potential Tesla buyers: If you choose a Tesla, you could be getting a surprisingly good deal, thanks to the lower interest rates than you could get for other cars. [CleanTechnica]
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