Researchers led by Donald Sadoway of MIT, writing in the journal Nature, detail a new battery using molten metal – described as cheap and durable – which is aimed at storing power on a grid scale, the BBC reports.
The announcement this week that the battery gigafactory planned by Elon Musk’s Tesla Motors will make energy storage on a grid scale to be used by SolarCity Corp., run by his cousin Lyndon Rive, has the potential to transform the landscape of the energy industry, The Wall Street Journal reports.
Successful tests – in Canadian Maritime Provinces and in the U.S. as well -- point to the use of electric water heaters and space heaters linked to the grid through wireless controllers as a cheap method of storing excess energy like that generated from wind power, E&E reports.
CARSON CITY, Nev. (AP) — The first two bills designed to seal a deal to bring Tesla Motors' $5 billion battery factory to Nevada sailed through the Assembly unanimously Thursday as one lawmaker called the project the biggest thing to hit the state since the Hoover Dam.
After just two minutes of debate, the Assembly voted 39-0 and sent to the Senate a bill that would help finance Tesla's tax breaks by ending a $125 million subsidy to insurance companies that locate their home offices in Nevada.
On another 39-0 vote about eight minutes later, they approved discounted electricity rates for the electric-car maker's "gigafactory" expected to help create more than 20,000 jobs and inject up to $100 billion into the state's economy over the next 20 years.
CARSON CITY, Nev. (AP) — Critics say Nevada lawmakers are gambling with taxpayers' money, but they clearly were in the minority Wednesday night as legislators moved forward with an unprecedented package of up to $1.3 billion in incentives they hope to approve in the days ahead to bring Tesla Motors' $5 billion battery factory to the state.
Republican Gov. Brian Sandoval urged legislators in the two Democrat-controlled houses to seize an "extraordinary opportunity" to land the electric car maker's "gigafactory" and the tens of thousands of jobs he said would help pull Nevada from the worst economic crisis in state history.
CARSON CITY, Nev. (AP) — Opposition emerged Wednesday as Nevada lawmakers began negotiating over whether to approve a complex package of up to $1.3 billion in incentives for Tesla Motors in a special session ordered by Gov. Brian Sandoval to seal the deal to bring the electric car-maker's $5 billion battery factory to the state.
The Republican governor urged legislators in the two Democrat-controlled houses to seize an "extraordinary opportunity" to land the $5 billion "gigafactory" and tens of thousands of jobs he says would help pull Nevada from its worst economic crisis in state history.
RENO, Nev. (AP) — Gov. Brian Sandoval has ordered the Nevada Legislature into a special session to consider $1.3 billion in tax breaks and other incentives for electric car-maker Tesla Motors as part of "an extraordinary opportunity" to seal the deal for its $5 billion battery factory and tens of thousands of jobs he says are needed to recover from the worst economic crisis in state history.
Majority Democrats in the Senate and Assembly intended to open the session Wednesday to begin work on the package the Republican governor says would help further diversify Nevada's hard-hit, tourism-based economy through new and innovative technology.
RENO, Nev. (AP) — The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov. Brian Sandoval asserted will create more than 22,000 new jobs and pump $100 billion into the state's economy over the next 20 years.
Tesla Motors Inc. CEO Elon Musk declared the Silver State the winner Thursday of a high-stakes battle with California and three other states for the $5 billion "gigafactory" he says they need — and need fast — to mass produce cheaper batteries for its next line of more-affordable electric cars.
RENO, Nev. (AP) — To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end.
Tesla chose Nevada as the site for the $5 billion facility, a person familiar with car maker's plans said Wednesday
Nevada's elected leaders still must deliver on the economic incentives they've promised, but if they do as expected, Tesla will open its massive factory at an industrial park outside Reno, according to the person, who spoke on condition of anonymity because no official announcement had been made. An announcement was scheduled for Thursday afternoon at Nevada's Capitol.
$12.6 billion is on offer in the latest round of Department of Energy nuclear loan guarantees, this time being made available for uranium enrichment facilities as well as new reactors and upgrades to existing ones, Platts reports.
A drop in RBOB gasoline futures on retirement of the October contract helped crude prices slide again Tuesday. West Texas Intermediate crude plunged $3.41 to $91.16 a barrel on the Nymex -- the biggest single day loss in 22 months and the lowest settlement in 16 months – while in London Brent crude fell $2.53 to $94.67, Bloomberg reports.
The U.S. exported more crude in July – 401,000 barrels a day, mostly to Canada – than it did in June, according to Energy Information Administration statistics, the most since 1957 and almost four times as much as in 2013, The Wall Street Journal reports.
Enbridge’s reversed 9B pipeline should start filling with crude Nov. 1, Platts reports, noting that it will open up a new western Canada light crude and oil sands crude supply option to Quebec refineries.
The Department of Energy will grant a presidential permit for a project to build a 1,000 megawatt power transmission line from Canada into New York City when it publishes its decision in the Federal Register Wednesday, E&E reports.
The U.S. will actively address climate change issues when it takes over the chairmanship of the Arctic Council in 2015, said special envoy Adm. Robert Papp at the Center for Strategic and International Studies, declaring that there is a “moral imperative” to protect the area, The Hill reports.
Alberta’s new Premier Jim Prentice –- tackling an improvement of the province’s image in the face of heavy criticism of its oil sands crude –- has won respect from all sides of the environmental debate in the past, Bloomberg reports.