Romito: Net Zero’s Costly Consequences, and Industry’s ‘Silver Bullet’

Decarbonization is generally considered a reasonable goal when presented within the context of a trend, as opposed to a regulatory absolute.

Energy Transition in Motion (Week of April 19, 2024)

Here is a look at some of this week’s renewable energy news, including the latest on global solar sector funding and M&A.

Eversource to Sell Sunrise Wind Stake to Ørsted

Eversource Energy said it will provide service to Ørsted and remain contracted to lead the onshore construction of Sunrise following the closing of the transaction.

Exclusive: Building Battery Value Chain is "Vital" to Energy Transition

Srini Godavarthy, the CEO of Li-Metal, breaks down the importance of scaling up battery production in North America and the traditional process of producing lithium anodes, in this Hart Energy Exclusive interview. 

High Interest Rates a Headwind for the Energy Transition

Persistent high interest rates will make transitioning to a net zero global economy much harder and more costly, according to Wood Mackenzie Head of Economics Peter Martin.

Scotland Ditches 2030 Climate Target to Cut Emissions by 75%

Scotland was constrained by cuts to the capital funding it receives from the British government and an overall weakening of climate ambition by British Prime Minister Rishi Sunak, said Mairi McAllan, the net zero secretary for Scotland's devolved government.

Exclusive: Mitsubishi Power Plans Hydrogen for the Long Haul

Mitsubishi Power is looking at a "realistic timeline" as the company scales projects centered around the "versatile molecule," Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy's Jordan Blum at CERAWeek by S&P Global. 

Google Exec: More Collaboration Needed for Clean Power

Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.

Daniel Berenbaum Joins Bloom Energy as CFO

Berenbaum succeeds CFO Greg Cameron, who is staying with Bloom until mid-May to facilitate the transition.

US Geothermal Sector Gears Up for Commercial Liftoff

Experts from the U.S. Department of Energy discuss geothermal energy’s potential following the release of the liftoff report.