Climate

Google invests in Fervo’s $462M round to unlock even more geothermal energy

Climate /

Enhanced geothermal startup Fervo Energy has raised $462 million to complete its first large-scale power plant and begin development on several others as it races to provide electricity to a power-hungry grid. The new funds will help the company continue work on its 500-megawatt Cape Station power plant in Utah while starting development on several […]

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Energy storage industry set aggressive goals for 2025 — and already crushed them

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Nearly a decade ago, when the energy storage market was in its infancy, an industry organization set a dreamy goal: By the end of 2025, the U.S. would deploy 35 gigawatts of batteries connected to the grid. So how’d the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed. In sum,

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Trump administration rolls back fuel economy standards, again

Climate /

The Trump administration announced plans Wednesday to lower fuel economy standards for cars and light trucks sold in the United States. With CEOs from Ford and Stellantis in attendance, President Donald Trump proposed rolling back fleet-wide fuel economy to 34.5 miles per gallon for 2031 model-year cars. The previous fuel economy standard, set under the

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Energy department hands out $800M in grants for small nuclear reactors

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Two more nuclear companies have been awarded large grants by the Trump administration. The Tennessee Valley Authority and Holtec will each receive $400 million from the Department of Energy to build small modular reactors based on existing nuclear fission technology.  The TVA will build one 300-megawatt reactor from GE Vernova Hitachi in Tennessee, while Holtec

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Zillow drops climate risk scores after agents complained of lost sales

Climate /

Sorry, prospective homebuyers. Just over a year after adding climate risk scores, Zillow has removed them from more than 1 million listings after real estate agents complained that the information was causing them to lose sales. Zillow first added the data to the site in September 2024, saying that more than 80% of buyers consider

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Fleet Space finds massive lithium deposit using AI and satellites

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Startup Fleet Space announced yesterday that it used its satellite-powered AI system to expand the scope of an already massive lithium deposit in Quebec. Finding a mineral resource isn’t easy. Only about three in 1,000 potential deposits end up becoming commercially viable, and it can take years to prove it by drilling core samples. Fleet

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Trump Energy department drops renewables, promotes fusion in office reshuffle

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The Trump administration revealed this week a revamped organizational chart for the Department of Energy, one which dumps several offices focused on renewable energy while elevating fusion. The shakeup eliminates the Office of Energy Efficiency and Renewable Energy (EERE), the Office of Clean Energy Demonstrations (OCED), the Office of Manufacturing and Energy Supply Chains, the

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