September 28 NEC Energy News
¶ “Octopus Backs US Solar Duo” • Octopus Energy made two investments in the US solar market, with the company backing developers Circal and Zestec to create projects. The company said it marks the next move in its $2 billion plan for America’s renewables revolution. It comes just three months after it made its first green energy investments stateside. [reNews]
¶ “Twelve Countries Warned Against Threats Of Nuclear Weapons” • Twelve countries, including China, Brazil, Turkey, and Kazakhstan, issued a joint statement warning against threats of nuclear weapon use. The statement emphasizes that civilian infrastructure, including peaceful nuclear facilities, should not be targets of military operations. [MSN]
¶ “Hyundai Cooks Up A Low-Cost EV Battery Scheme For The Affordable EV Of The Future” • The cost of an EV battery has dropped like a rock since the early 2000s. A recent calculation from the US DOE’s Vehicle Technologies Office puts the drop at 90% for light-duty vehicles. Hyundaijust unveiled a LiFePO₄ EV battery project in partnership with Kia. [CleanTechnica]
¶ “High Wind Speeds Boost UK Renewables Output” • UK renewables generation increased by 19% year-on-year in the second quarter of 2024 to 32.8 TWh, largely due to favorable wind conditions. Renewable sources accounted for a record 51.6% share of the electricity mix during the period, according to government figures. [reNews]
¶ “Most Car Sales (54%) in China Are Now Plugins!” • Plugin vehicles scored a little more than 1 million sales in a 1.9-million-unit overall market in August. That’s up 38% year over year, and the second best month ever, while the overall market is down 1% year over year. Battery EVs were up 19% in August, while plugin hybrids jumped 78%. [CleanTechnica]
¶ “Oregon Opponents Block Offshore Wind Auction” • A planned auction of Oregon offshore wind leases was postponed after Governor Tina Kotek effectively torpedoed the auction plan. The US Interior Department’s Bureau of Ocean Energy Management delayed the offshore wind energy auction due to low bidder interest. [WorkBoat]
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