Advances in Clean Tech
Energy Terminal Weekly Newsletter
October 13th 2022 | Issue #27 | Subscribe here
Happy Thursday!
Welcome to ET weekly, a platform dedicated to building the next generation of energy leaders. In this week's issue we cover:
🤼♂️ Does Tesla have a new rival?
✈️ Net 0 goals for aviation - are these realistic?
⚛️ Blue hydrogen + why it looks promising
🚗 EVs, the new normal?
🛢️ Another increase in gas prices?
🌟 Startup Spotlight: Form Energy
Form Energy is a Somerville, MA-based developer of wind and solar batteries. Most companies are focusing on lithium ion-related chemistries. Not Form. This startup has been pursuing iron-air batteries. That means its cells don’t rely on expensive and supply-constrained minerals like lithium, cobalt, or nickel. Commercial production is set to start in late 2024, and the company is aiming to eventually produce its battery packs for less than $20 per kWh.
🚨Missed Episode 15?
Episode 15 features Andy Marsh, CEO of Plug Power! You don't want to miss this episode.
Episodes released biweekly, subscribe to stay updated!
➡️ @Duke Students !
Registration for Duke University Energy Week, taking place November 7th-10th, is now live! Join us for a week of energy events to promote collaboration, knowledge-sharing, and professional networking focused on this year's theme – the Energy-Climate Nexus.
This year features eight events across a variety of themes, including energy innovation, emerging markets, transportation electrification, nuclear energy, policy, and more. Check out the link below for the full list of events.
📚 Reading List (10/04 - 10/11)
Oil production? Blue hydrogen? Climate Change? Check out this week’s handpicked reading list to learn more about these groundbreaking energy topics 🔥
🎙️Podcasts:
Operation Climate, How to Stay Motivated in the Climate Movement
Live podcast episode recorded alongside Energy Terminal for the Duke University Climate Commitment with guest Claire Wang - Senior Policy Advisor to US Special Presidential Envoy for Climate John Kerry, Rhodes Scholar, and Duke Alum
How to find your space within the climate movement
Maintaining optimism in the face of the overwhelming challenge of climate change
Climate One, No Going Back: EVs and Clean Tech Tipping Points with Albert Cheung
There’s a notion in tech that when a new device reaches 5% market penetration, it’s rapidly adopted by the mass market
Bloomberg recently stated that the US has just reached the 5% mark for new EV purchases
Evidence from other countries, such as Norway which reached the 5% point in 2013 and now 86% of their new cars are electric, indicates that the US will see growth in Electric Vehicles
Ford recently announced a $50 billion EV plan which indicates that EVs will grow as an option in the coming years
EVs aren’t just automobiles, though, it also includes micro-mobility vehicles like e-bikes and e-scooters, and this market is growing rapidly.
Energy Reads, 3 Questions: Emre Gençer on the role of blue hydrogen in decarbonizing the world’s energy systems
~ 95% of hydrogen produced today is done using fossil fuels
A cost effective way to make fossil fuel produced hydrogen more sustainable is to “retrofit existing plants with carbon capture and storage”
In doing this we go from producing grey hydrogen to blue hydrogen
This may be the best approach to generating large amounts of hydrogen in the next years, as the demand for a low carbon fuel source (such as blue hydrogen) is increasing quickly
📰️ Articles:
Axios, Biden “to re-evaluate” U.S.-Saudi relationship after OPEC oil cut
Summary 📖 :
OPEC+ made a decision to cut oil production by 2 million barrels per day beginning in November 2022, and this could increase gas prices in the US and provide Russia with additional funding for the invasion of Ukraine
Abdulaziz bin Salman, Saudi Arabia’s Oil Minister, stated that OPEC+’s decision was prompted by them merely trying to get ahead of a potential reduction in demand for oil.
The White House claimed that Biden could potentially support legislation to reduce OPEC+’s control over energy prices, implying an escalatory approach with Saudi Arabia
Canary Media, 193 countries pledge to slash air-travel emissions by 2050
Summary 📖 :
The United Nations agency, International Civil Aviation Organization, agreed to achieve net-zero carbon dioxide emissions by 2050
Aviation produces 2% of global CO2 emission, this is a big ask for the airline industry
Trillions may need to be invested into zero-carbon aviation fuels and technologies to meet this net-zero pledge
Reuters, GM Takes on Tesla in Home and Commercial Energy Storage
GM’s new GM Energy business will soon offer energy storage and management services to commercial and residential customers
They will offer their EV charging units alongside stationary batteries, solar panels, and fuel cells as they seek to shift toward “energy ecosystem management”
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 14 listen here!
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And a big thank you to our sponsor Energy Dialogues for making this all possible!
