Brightsmith | B Corp™’s Post

🌟 Exciting Horizons in the #Fusion #Energy Market! ⚛️✨ 🌈 Key Highlights: Clean & Abundant: Fusion energy promises a clean, virtually limitless source of power, without greenhouse gas emissions or long-lived #radioactive waste. Global Collaborations: International collaborations are driving fusion projects, fostering a sense of unity in solving one of #humanity's greatest challenges. 🤝 Get Info: https://shorturl.at/dorsI The Road Ahead: As we embark on this #journey towards sustainable energy, fusion holds the promise of reshaping our global energy #landscape. It's not just about #technology; Key Players 1. General Fusion 2. Helion Energy Inc. 3. Kyoto Fusioneering Ltd. 4. Hyperjet Fusion Corporation 5. HB11 Energy Holdings Pty Ltd 6. Agni Fusion Energy #FusionEnergy #CleanEnergyRevolution #SustainableFuture #Innovation #LinkedInCommunity #ConnectWithMe 🌐🚀

Fusion start-up Xcimer Energy Corporation Energy has raised $100 million in a Series A funding round, which will be used to grow the company and test the viability of its inertial confinement fusion technology. You can also read about Xcimer’s goals for the next ten years in this piece from ESG Today - https://lnkd.in/egS8Ag_W #FusionEnergy #InterialConfinement #ESG #FusionTech

Energy Systems Catapult report highlights pathways to net zero The rapid deployment of low regret technologies, coupled with accelerated innovation in novel clean tech can deliver us to Net Zero in 2050, according to a new report from Energy Systems Catapult. Innovating to Net Zero 2024 – the second ‘state of energy innovation’ report from the Catapult – created four future scenarios (Clockwork, Patchwork, Homework, and Dreamwork), using the internationally peer-reviewed Energy System Modelling Environment (ESME), to explore 3,600 different Net Zero-compliant energy system pathways. The analysis reveals that while there remains significant uncertainty about the pathway to a future energy system, the options are narrowing. Accelerating the deployment of key mature technologies such as offshore wind and solar, large-scale nuclear, and the electrification of heating in our homes and buildings at an even faster rate than we’ve witnessed in the past 10 years is essential to propel us to a Net Zero future. Read the full story on the Transport + Energy website: https://lnkd.in/evQze7st Energy Systems Catapult , Guy Newey , Alex Buckman , Paul Jordan , Richard Halsey , Laura Sandys CBE , Joseph Price-Moore #transport #energy #netzero

Innovative superconductors: A key to fusion energy Danish deep-tech company SUBRA A/S has overcome key challenges for superconductors used in fusion systems with a new advanced high-temperature superconductor solution for sustainable fusion energy production. To achieve Europe’s net zero climate goals and ensure a sustainable energy supply, a transformation in electricity production is required. This involves decarbonising the energy system and significantly reducing reliance on fossil fuels. While wind and solar energy play a major role, they are not enough on their own. Fusion energy emerges as a promising so-called baseload, offering the potential to replace fossil fuels and provide a constant, continuous energy source. However, realising this potential requires advancements in superconductor technology and intense scaling of production capacity – a challenge that SUBRA has taken on. https://lnkd.in/eixBwdyn #fusion #fusionenergy #fusionpower #nuclearfusion

Customer trends are steering a significant shift in the electricity sector, propelling a transformation in the industry. Examples like Duke's notable $2.8B sale of its renewables business to Brookfield last year are clear indicators of this change. The increasing demand for reliable and sustainable energy solutions, extending beyond conventional areas like data centers and AI is poised to elevate all segments within the power generation business (think fleet charging, critical care facilities). However, a crucial challenge lies in the human capital required to profitably construct and manage these generating assets. #EnergyIndustry #RenewableEnergy #PowerGeneration #Sustainability

Utilities need ‘broad culture change’ to deploy emerging clean resources at scale: DOE’s Shah, “Failing to adopt new strategies and technologies is the higher-risk path for utilities today,” said Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office. Rising electricity demand can help support the widespread deployment of emerging clean energy technologies, but doing so will require “a broad culture change” across utilities and the power sector landscape, Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office, said Thursday. “This isn’t just about technology,” Shah said in a discussion of a new DOE “liftoff” topic brief. DOE has published liftoff reports covering power-sector technologies — including advanced BESS - battery energy storage systems, advances grid solutions, nuclear, next-generation geothermal resources and virtual power plants — that agency officials say are part of a portfolio approach needed to address rising electricity demand. The topic brief published last week addresses how rising demand can accelerate deployment of those and other emerging technologies.  “Accelerating liftoff for these technologies could collectively add hundreds of gigawatts of capacity on the system to meet demand needs by the mid-2030s,” according to the brief. “We’re seeing utilities look to our low-cost financing as an opportunity to invest in new technologies like [virtual power plants + BESS - battery energy storage systems] and grid-enhancing technologies,” he said. “They’re making investments in upgrading and expanding their infrastructure at lower cost to ratepayers.” “Demand growth is quickly rising in many areas,” Shah said. “This is a call to action to utilities and the broader power sector to rethink their go-to solutions. We need to implement a new playbook, moving away from the traditional, very expensive solutions towards the most cost effective, reliable and clean energy solutions needed.” TNi Energy-BESS 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA. LCOS = .22 kW/h #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESS.Energy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

ELS Analysis wishes clients, partners and friends a happy and prosperous new year! In a tough macroeconomic and geopolitical environment, ELS Analysis can look back on a watershed year of high growth and many defining achievements, including anchoring our further international expansion with a London office. It is therefore with great pride and gratefulness to our outstanding Team and clients, that we (Elin Akinci and Samuel Ciszuk) as co-founders, look ahead. Our work supporting investors in M&A processes accelerated as consolidation picked up within the renewable sectors. For ELS, this was crowned by a supporting role in Statkraft’s acquisition of Njordr Offshore Wind in the second half of the year. Furthermore, ELS continued to assist clients with route-to-market strategies and industrial tie-ups, as well as plans to enter the future hydrogen and/or P2X-markets. ELS Analysis’ work in the H2 sphere also accelerated, with assignments tying together and calculating business cases for both RES and nuclear with prospective hydrogen and hydrogen derivatives production. From hydrogen and its derivatives, to all forms of energy storage, grid technologies and innovative energy markets, change is happening rapidly. Related to this, ELS Analysis’ advisory around the Nordic ancillary markets also accelerated and added new capabilities. Perhaps most excitedly, ELS Analysis soft-launched its ELS Energy Analytics platform to clients in 2023, enabling new ways to deliver insights and data and enhancing the client experience in recurring data flows. In its coming iteration, the platform will allow clients to interact with insights and data, in ways enabling and supporting forward-looking decision-making and making risk assumptions that easily integrate into corporate strategies. Reports written for the forward-looking teams at Teknikföretagen and The Swedish Wind Energy Association (SWEA) during the year helped establish the concept of private/public risk sharing as prerequisite to enabling large scale energy generation investment in Sweden. When we first raised those concepts ca 1.5 years ago, they were regarded with suspicion. Our constant investment in impartiality and a technology-agnostic approach is highly regarded by clients and has proven foundational for our growth, not least with energy investors. None of the 2023 milestones would have been possible without the growing number of clients ELS Analysis has had the privilege to work with. Our returning clients, as well as the new ones we won this year, constitute our chief pride. They spread all the way from the bio-economy to finance, over wind, solar, nuclear, energy storage, H2 & P2X, grids/infratructure and markets. They make sure every work day is thrilling and exciting! Looking ahead to 2024, we will have to grow to meet existing clients’ demand. At the same time, the international growth will also have to accelerate. Energy moves across national boundaries, so should we! Happy New Year!

The world will spend $2tn on clean energy this year, and start-ups are racing for a share of that cash. Over the past four years, data from market intelligence platform Sightline Climate shows that start-ups tackling the energy transition have raised $35bn from venture capitalists searching for new ideas on how to generate, distribute, and store renewable energy. Here are the top 12 start-ups across those sectors, listed by the total funds they have raised. Octopus Energy, UK — $3bn The UK’s largest household energy supplier is rolling out solar panels and batteries for homes, as well as its Kraken energy management platform. It became profitable earlier this year and has recently entered the US renewables market for the first time with the acquisition of two solar farms: one in Ohio and one in Pennsylvania. Northvolt, Sweden — $15bn Sweden’s answer to the battery gigafactories of the US and Asia is critical to Europe’s hopes of building its own electric vehicle supply chain. However, the company has said it is reviewing its plans to build a new factory in Borlange in central Sweden and carmaker BMW recently cancelled a €2bn contract for batteries.

Utilities need ‘broad culture change’ to deploy emerging clean resources at scale: DOE’s Shah, “Failing to adopt new strategies and technologies is the higher-risk path for utilities today,” said Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office. Rising electricity demand can help support the widespread deployment of emerging clean energy technologies, but doing so will require “a broad culture change” across utilities and the power sector landscape, Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office, said Thursday. “This isn’t just about technology,” Shah said in a discussion of a new DOE “liftoff” topic brief. DOE has published liftoff reports covering power-sector technologies — including advanced BESS - battery energy storage systems, advances grid solutions, nuclear, next-generation geothermal resources and virtual power plants — that agency officials say are part of a portfolio approach needed to address rising electricity demand. The topic brief published last week addresses how rising demand can accelerate deployment of those and other emerging technologies.  “Accelerating liftoff for these technologies could collectively add hundreds of gigawatts of capacity on the system to meet demand needs by the mid-2030s,” according to the brief. “We’re seeing utilities look to our low-cost financing as an opportunity to invest in new technologies like [virtual power plants + BESS - battery energy storage systems] and grid-enhancing technologies,” he said. “They’re making investments in upgrading and expanding their infrastructure at lower cost to ratepayers.” “Demand growth is quickly rising in many areas,” Shah said. “This is a call to action to utilities and the broader power sector to rethink their go-to solutions. We need to implement a new playbook, moving away from the traditional, very expensive solutions towards the most cost effective, reliable and clean energy solutions needed.” TNi Energy-BESS 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA. LCOS = .22 kW/h #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESS.Energy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

Hydrogen has the potential to play a major role in the transition to net zero and Kinewell Energy are excited contribute to this project. There are many options and considerations for integrating green hydrogen from offshore windfarms. Characterising the complexities, determining optimal scenarios and detailing the next hydrogen from offshore wind zone through this project will ultimately benefit network customers.