California’s Role in the Energy Transition
Energy Terminal Weekly Newsletter
September 5th, 2022 | Issue #22 | 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:
🏜️ Effects of the California heatwave
⛓ Green steel?!
⏳ Futuristic sand batteries
🚗 No more gas cars
🛢️ Oil production emissions
🌟 Startup Spotlight: Polar Night Energy
This Finnish company is developing a sand battery, a novel approach to storing green power. This technology could solve the problem of year-round supply, making clean energy more practical.
⏰ Missed Episode 13?
Episodes released bimonthly, subscribe to stay updated!
📚 Reading List (8/2 - 9/5)
Nuclear to stay? Energy profits for Germany? Crude oil discrepancies? Check out this week’s handpicked reading list to learn more about these groundbreaking energy topics 🔥
🎙️Podcasts:
Platts Future Energy, Emissions benchmarking in crude markets
Summary 📖 :
Not all crude oil is created equal–carbon intensity levels vary between different oilfields
As majors seek to lower emissions in operations, understanding emissions factors in production is critical
POLITICO Energy, Inside the California gas car ban
Summary 📖 :
The share of new car sales that are zero emission in California is 16%
California is set to ban the sale of new gas-powered vehicles by 2035
Ban could pave the way for other states to adopt the requirement, overhauling the nation’s auto industry and market.
The Carbon Copy, The Big Switch: The Race to Green Steel
Summary 📖 :
Greenifying the steel industry means global carbon emissions could be cut by 8%
Carbon capture and storage could play a role in cleaning up steel
Hydrogen can be used to greenify steel, it can used as a new fuel source in existing steel plants
A large push for greener steel, and the use of green hydrogen in steel manufacturing, comes from car companies
📰️ Articles:
Bloomberg, Germany to Make ‘Billions’ Off Energy Firm Levy, Scholz Says
Summary 📖 :
Decision by Russian supplier Gazprom PJSC on Friday not to restart the Nord Stream 1 pipeline has deepened the energy crisis in Europe
German government earlier Sunday presented a 65 billion-euro ($65 billion) package to help citizens and companies cope with surging energy prices
Germany’s government expects to receive a large revenue boost by tapping windfall profits generated by energy companies
The New York Times, Amid Heat Wave, California Asks Electric Vehicle Owners to Limit Charging
Summary 📖 :
As temperatures soared, California’s electricity grid was under massive strain, and EV owners were asked to limit charging of their vehicles
This event comes in the wake up a slew of registration curtailing fossil fuels and adding renewables, notably restricting the sale of internal combustion engine vehicles after 2035
The Wall Street Journal, California Nuclear Plant Gets Extension in Last-Minute Vote
Summary 📖 :
California’s last nuclear plant, Diablo Canon, was voted to extend operation until 2030
Amid heat waves, droughts, and a need for clean energy quick, lawmakers recognized a need for nuclear’s energy
Lawmakers in the session approved $54 billion in additional funding to address climate change risks
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 12 listen here!
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