World:
¶ “Europe Could Save 40% On Electricity Costs If Solar And Batteries ‘Work In Harmony’” • Using sunlight for energy saved the EU €43.7 billion in avoided gas imports since the beginning of the war on Iran. But solar’s use highlights an urgent need for battery storage to help prevent the waste of clean energy when generation outstrips demand. [Euronews]
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¶ “Merz Urges EU To Stand Firm On Carbon Market Reforms Despite Growing Opposition” • The German Chancellor has warned against weakening the EU’s carbon market, insisting that businesses need predictable carbon prices despite mounting pressure from member states and his own economy minister, according to a letter seen by Euronews. [Euronews]
¶ “Data Centers, AI, And The Growing Demand For Energy: Impacts, Risks, And Solutions” • Data centers are expanding at an unprecedented pace and scale around the world. This growth is creating enormous new demand for electric energy, along with other resources. There are consequences for communities and the environment. [CleanTechnica]
¶ “Silicon Valley Insiders Nervously Eye Nvidia Scandal Fallout” • Just hours after Jensen Huang resigned from Nvidia, shocked tech insiders at a conference in San Francisco saw his departure as troubling for the business. The rockstar CEO fell from grace after revelations of multiple extramarital affairs, one reportedly with a Chinese spy. [Yahoo Finance]
¶ “Fengmiao 1 Offshore Substation Energised” • The offshore substation at the 500-MW Fengmiao 1 offshore wind farm in Taiwan has been energized, bringing the project’s transmission system fully online. According to Copenhagen Offshore Partners, it was fully energized in October, achieving a key milestone in the project’s construction program. [reNews]
¶ “Massachusetts And Nova Scotia Launch Offshore Wind RFI” • Massachusetts and Nova Scotia issued a request for information to explore ways to develop offshore wind projects in Nova Scotia to deliver electricity to New England. The RFI builds on an MOU signed by Nova Scotia Premier Tim Houston and Massachusetts Governor Maura Healey in February. [reNews]
¶ “Ecuador Scraps Two Taxes On Solar Equipment And Energy Storage Systems” • Executive Decree 530, signed by Ecuadorian President Daniel Noboa, sets the value-added tax and foreign currency outflow tax at 0% for certain equipment and parts used in the electricity sector, including solar power generation and energy storage. [pv magazine Global]
¶ “AEOLUS Reaches Financial Close For Egypt’s 900-MW Wind Farm Project” • AEOLUS, a Toyota Tsusho Group company, has announced the financial close of the Gulf of Suez Wind Farm III project in Egypt, a development set to add 900 MW of wind capacity to the country’s grid. The wind farm will be built along the Gulf of Suez. [Yahoo Finance]
¶ “Even Bioenergy Is Outpacing Nuclear Power In The Global Generation Stakes” • We have been reminded by the Australian Conservation Foundation that nuclear energy offers no panacea to power data centres’ insatiable hunger for electricity. The report detailed the challenges facing various types of nuclear reactors. [Renew Economy]
¶ “China and Turkey Sign $15 Billion MOU For Wind And Solar Projects” • China and Turkey have reached an initial agreement for Beijing to invest up to $15 billion in the construction of solar and wind power plants on Turkish soil. The agreement signing was announced by the Turkish Energy and Natural Resources Minister, Alparslan Bayraktar. [Power Technology]
US:
¶ “Democratic Political Group Launches New Push To Shape AI Agenda Ahead Of 2028” • A Democratic political organization announced an effort to shape how to talk with voters about AI, deepening its stance on an issue that a growing number of party leaders believe creates a powerful contrast with groups opposed to regulating the technology. [ABC News]
¶ “Hoosiers Call On The EPA Not To Weaken Coal Ash Rules At Public Hearing” • Hoosiers turned out to speak against toxic coal ash pollution at the EPA’s public hearing on Indiana’s proposed Coal Ash permitting program. The program would let the state disregard federal protections for communities in favor of state rules offering fewer safeguards. [CleanTechnica]
¶ “QuantumScape Has An Osprey Up Its Solid-State EV Battery Sleeve” • Federal policy makers orchestrated an EV sales crash in the US last year, only to see electrification stakeholders gradually piece together a comeback. The US startup QuantumScape, with its Osprey platform, among the innovators contributing some fresh news in recent weeks. [CleanTechnica]
¶ “Managing Offshore Wind In The Face Of Uncertainty” • Over three times the electricity required to power the US could come from offshore wind. It gives the country an opportunity to fight climate change, reduce both local and regional air and water pollution, and grow a new industry that supports thousands of high-quality careers. [CleanTechnica]
¶ “GM Announces Largest Clean-Energy Project To Date With Two Solar Facilities” • As GM plans its long-term business needs, investments in renewable energy help support its electricity demands and bring greater predictability to operating expenses. That’s more important than ever with AI, electrification, and changes in manufacturing. [General Motors]
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