A team from the Institute of Chemical Technology (ITQ), a joint research center of the Polytechnic University of Valencia (UPV) and the Higher Council for Scientific Research (CSIC), and the UPV’s Institute of Information and Communications Technologies (ITACA) has developed the design of materials that can improve the process of …
Read More »Growth in Fusion Energy Investments Slows for a Second Year
Investments in fusion energy efforts globally increased for yet another year, but the growth was slower than in the previous two years as many companies in the industry expect funding to be a major challenge in the medium term, the Fusion Industry Association (FIA) said in its annual report. The …
Read More »High Tech Empowers Asia’s First Cylindrical FPSO Installation in China
Asia’s first cylindrical floating production, storage and offloading (FPSO) facility, the Haikui No. 1, approaches completion after the successful connection of its 12th mooring cable at the Liuhua oilfield in the Pearl River Mouth Basin in the South China Sea on Monday. The FPSO facility, a cornerstone of offshore oil …
Read More »The AI Boom has Sparked M&A Opportunities in the Clean Energy Space
Artificial intelligence is the talk of the town. Fans are promoting it as a way to achieve a swifter energy. Skeptics are pointing out its massive electricity demand. And some companies active in the wind, solar, and battery storage space are getting excited about possible deals—because these deals would save …
Read More »The U.S. Battery Boom is Revolutionizing Renewable Energy
The U.S. has been investing heavily in boosting its battery storage capacity and developing its electric vehicle (EV) battery manufacturing capabilities, and it seems that it has paid off as the country is now home to several massive battery projects with many more in the pipeline. Since the introduction of …
Read More »IMF Praises UK’s Digital Infrastructure for AI Readiness
Amid a slew of warnings about slow growth and rising national debt, it was easy to miss that the International Monetary Fund (IMF) had some good news for the UK economy last week. Modelling the potential impact of artificial intelligence (AI) on both UK productivity and output, it suggested that …
Read More »The AI Revolution has a Problem: Energy
Artificial intelligence is helping the oil and gas industry boost output by accelerating drilling and boosting efficiency. It offers similar gains to other industries as well and online platforms and websites with AI-powered chatbots are multiplying fast. But there is a problem. AI consumes massive amounts of electricity. A New …
Read More »AI’s Rapid Growth Poses a Challenge to Big Tech’s Clean Energy Efforts
For decades, Big Tech has been one of the largest and most innovative proponents of clean energy. Silicon Valley giants have put considerable amounts of money and effort into making their companies greener and supporting renewable energy growth. But in recent years, the conversation around the tech sector’s energy use …
Read More »Russia’s next Nuclear Icebreaker will be Named “Leningrad”
A cold wind of Soviet nostalgia is blowing across a Russia that uses World War II to justify its war against Ukraine. No coincidence then that laying the keel for the next nuclear-powered icebreaker will happen simultaneously as St. Petersburg celebrates the 80th anniversary of the end of the Nazi-German …
Read More »Researchers Create Ethylene from CO2
Engineers at the University of Cincinnati created a more efficient way of converting carbon dioxide into valuable products while simultaneously addressing climate change. The study paper has been published in the journal Nature Chemical Engineering. In his chemical engineering lab in UC’s College of Engineering and Applied Science, Associate Professor …
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