Plug Power CEO on Building the Hydrogen Economy
Energy Terminal Weekly Newsletter
September 26th 2022 | Issue #25 | Subscribe here
Happy Monday!
Welcome to the ET weekly, a platform dedicated to building the next generation of energy leaders. In this week's issue we cover:
⚡ Transparent Solar
💵 The Energy Poverty Problem
🛫 More Innovations in Sustainable Aviation Fluid
💌 New Energy Terminal Team Member
💥 Why to Watch Geothermal Power
🌟Startup Spotlight: Soluna Computing
Soluna Computing is making sure every megawatt of renewable energy is used. They do so by building data centers that buy and sell any excess energy that renewable energy power plants produce.
📣 Episode 15 Out Now !
With $5 billion in growth capital and a recent $2.1 billion deal with Amazon, Plug Power is poised to take advantage of the booming hydrogen market and expand into exciting new verticals. In episode 15, Michael and Hope are joined by Andy Marsh, CEO and President of Plug Power, the largest clean hydrogen fuel cell company in the industry. Across Andy’s work at Plug Power and as the Chairman of the Hydrogen Fuel Cell Association, he has pioneered the expansion of the hydrogen economy and the growth of clean hydrogen opportunity. In this episode, we cover new opportunities for clean hydrogen, the role of hydrogen in transportation, the impacts of the IRA, and much more.
🚨 Energy Terminal Welcomes Chloe Young 🚨
Chloe will join the team as Director of Growth and Partnerships. We are so excited to have her here at Energy Terminal! To learn more about Chloe, check out her LinkedIn.
⏰ Missed Episode 14?
Episodes released bimonthly, subscribe to stay updated!
📚 Reading List (9/19 - 9/26)
CO2 to Vodka 🤝 Sustainable Aviation Fluid? Can historical data predict the future of energy? Check out this week’s handpicked reading list to learn more about these groundbreaking energy topics 🔥
🎙️Podcasts:
Catalyst, Could Geothermal Become a Major Player in the Energy Transition
Summary 📖 :
Geothermal can provide clean, reliable power with a much smaller footprint than other renewables
0.1% of the Earth’s heat could meet global energy demand
The biggest obstacle is funding, a mix of government and private investment is critical to scale geothermal development to beyond the roughly 2 GW operating in the US today
The Energy Gang, Managing Mid-Transition
Summary 📖 :
We can no longer rely on historical data to predict areas’ energy demands, we must begin to consider using software to predict future climate events
There is a large energy poverty problem in Europe and the US with the high energy costs
There needs to be a larger discussion about how to keep people safe during heat waves, having deep energy efficiency buildings is one way to make the impact of heat waves less severe on residents
The Interchange, Speed or Sustainability - Will We Always Have to Choose?
Summary 📖 :
Currently, aviation accounts for between 2% and 3% of global emissions
Sustainable aviation fuel has been in development for the past 15 to 20 years and is now reaching an inflection point of maturity
One technique used is power to liquid, where renewable energy pulls carbon out of the atmosphere and combines it with a hydrogen molecule akin to fossil fuels
📰️ Articles:
Canary Media, CO2 to Vodka Startup Air Company Aims Higher with Aviation Fuel
Summary 📖 :
Cleantech startup Air Company, which began by producing vodka from CO2, recently announced they would be producing Sustainable Aviation Fuel (SAF)
Air Company has several large pre-orders, including a billion gallons from JetBlue and Virgin Atlantic
The announcement, made at Climate Week NYC this past week, follows a $30m funding round in April
The New York Times, UK Cuts Energy Bills for Companies Through Winter
Summary 📖 :
Several industry groups warned that soaring bills were threatening the survival of several businesses
The British government announced a plan on Wednesday to cut energy costs for companies over the winter
The cost for the government to implement this bill could exceed £25 billion
World Economic Forum, This technology turns windows into solar panels, here’s how
Summary 📖 :
Transparent solar panels were developed in 2014 at Michigan State University
If harnessed properly, transparent solar technologies could account for 40% of the US’s energy demand
In a Denmark day school, Copenhagen International School, these solar windows account for over 50% of the energy the building uses in a year
And head here to check out previous reading lists !
☄️ Thanks for reading this edition of ET weekly!
New episodes will be out soon, get excited. And, if you missed Episode 13 listen here!
Not Subscribed? Subscribe Now!
And a big thank you to our sponsor Energy Dialogues for making this all possible!