Energy Institute

Oregon and Washington State Green Energy Policies Are Burdening Individuals and Businesses While Providing Little Environmental Benefit, Discovery Institute Study Shows

Retrieved on: 
Monday, November 20, 2023

The full report, "All Pain, No Gain: The Economic and Social Consequences of Green Energy Policies in the Pacific Northwest," is available on Discovery Institute's Reasonable Energy website.

Key Points: 
  • The full report, "All Pain, No Gain: The Economic and Social Consequences of Green Energy Policies in the Pacific Northwest," is available on Discovery Institute's Reasonable Energy website.
  • According to the Department of Ecology, the state's energy-related carbon-equivalent emissions in 1990 were about 96 million metric tons.
  • But these policies already are having a real, adverse impact on the two states' economies by raising energy prices, punishing businesses, and pushing more residents into energy poverty."
  • The Institute's Reasonable Energy initiative pursues plentiful, reliable, and environmentally responsible energy as a moral good for the benefit of all.

HyVelocity Selected by U.S. Department of Energy to Develop Gulf Coast Hydrogen Hub

Retrieved on: 
Friday, October 13, 2023

Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.

Key Points: 
  • Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.
  • HyVelocity is an industry-led hydrogen hub that includes seven core industry partners – AES Corporation, Air Liquide, Chevron, ExxonMobil, Mitsubishi Power Americas, Ørsted, and Sempra Infrastructure.
  • With more than 1,000 miles of dedicated hydrogen pipelines, 48 hydrogen production plants and dozens of hydrogen end-use applications, the Gulf Coast is already the heart of hydrogen infrastructure and use in the United States.
  • HyVelocity will build on the region’s diverse array of energy resources, including hydrogen production facilities and pipelines, renewable energy, a large base of industrial energy consumers, and a skilled workforce.

UT AUSTIN INVESTS IN AUSTIN-BASED BATTERY TECH COMPANY, GROUP1

Retrieved on: 
Tuesday, August 29, 2023

AUSTIN, Texas, Aug. 29, 2023 /PRNewswire/ -- Discovery to Impact at The University of Texas at Austin has invested $250,000 in Group1, a UT Austin-affiliated startup aiming to revolutionize the energy industry by developing Potassium-ion battery (KIB) technology. The investment will help Group1 increase its workforce, expand production capacity of their product potassium cathode material, Kristonite™, to pilot-scale, and forge business partnerships with Tier1 cell and automotive manufacturers that wish to establish a domestic, "lithium alternative" solution.

Key Points: 
  • AUSTIN, Texas, Aug. 29, 2023 /PRNewswire/ -- Discovery to Impact at The University of Texas at Austin has invested $250,000 in Group1, a UT Austin-affiliated startup aiming to revolutionize the energy industry by developing Potassium-ion battery (KIB) technology.
  • The fund invests in the most promising new startups built on university-owned intellectual property emerging from UT Austin's $845 million research enterprise.
  • "We are proud to be based in the battery capital of the world, Austin, Texas, and to further strengthen our ties with world renowned institution such as UT Austin."
  • Group1 has further developed KIB core technology and has established a world leading IP position, which includes exclusive license from UT Austin.

Green Tire Market to See Huge Growth USD 54.99 billion by 2029 Amid Growing Demand for Fuel Efficient Vehicles | Exactitude Consultancy

Retrieved on: 
Tuesday, April 25, 2023

PUNE, India, April 25, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Green Tire Market.

Key Points: 
  • The market for green tires is expected to grow at a 9.9% CAGR between 2023 and 2029.
  • It is expected to exceed USD 54.99 billion by 2028, up from USD 28.40 billion in 2022.
  • Concerns about greenhouse gas emissions and limited natural resource availability are encouraging businesses to produce more sustainable products, such as green tires.
  • For example, tire manufacturing company 'Continental' unveiled its green tire concept in September 2021 to manufacture sustainable green tires for passenger cars.

Green Tire Market to See Huge Growth USD 54.99 billion by 2029 Amid Growing Demand for Fuel Efficient Vehicles | Exactitude Consultancy

Retrieved on: 
Tuesday, April 25, 2023

PUNE, India, April 25, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Green Tire Market.

Key Points: 
  • The market for green tires is expected to grow at a 9.9% CAGR between 2023 and 2029.
  • It is expected to exceed USD 54.99 billion by 2028, up from USD 28.40 billion in 2022.
  • Concerns about greenhouse gas emissions and limited natural resource availability are encouraging businesses to produce more sustainable products, such as green tires.
  • For example, tire manufacturing company 'Continental' unveiled its green tire concept in September 2021 to manufacture sustainable green tires for passenger cars.

Allotrope Foundation Further Expands Access to Interoperable Laboratory Data Standards with Public JSON-based Analytical Data Models

Retrieved on: 
Wednesday, February 8, 2023

WASHINGTON, Feb. 8, 2023 /PRNewswire-PRWeb/ -- Allotrope Foundation, an international consortium of chemical & life sciences organizations, is excited to announce the public release of its extensive set of standardized data models that cover over forty different techniques and domains essential to research and development in the analytical laboratory. The data models leverage the modern JavaScript object notation (JSON) format, which is widely used as the backbone of communications for today's internet and immediately familiar to any software engineer or data scientist. The Allotrope Simple Models (ASMs) are designed by thought leaders in Allotrope's diverse community of industry, governmental, and academic institutions to represent a true pan-industry data standard to streamline analytical data processing and accelerate digital transformation in the lab. Designed to be implemented quickly and easily, ASM models capture critical results and parameters essential to accurately capture, preserve, and transfer laboratory data. These models are specifically tailored to meet the exponential growth in the use of bedrock analytical data to fuel artificial intelligence and machine learning techniques and cover diverse techniques such as NMR spectroscopy, chromatography, and mass spectrometry.

Key Points: 
  • Designed to be implemented quickly and easily, ASM models capture critical results and parameters essential to accurately capture, preserve, and transfer laboratory data.
  • The models leverage Allotrope's standardized, open formal vocabulary of terms and definitions commonly used in scientific data and experiments, the Allotrope Foundation Ontologies (AFO).
  • Through the application of reusable modeling patterns, the Allotrope data models make laboratory data interoperable and reusable anywhere ASM is used.
  • For more information on how to access the ASM and licensing terms, please visit the Allotrope Foundation website at https://www.allotrope.org/asm .

Qnergy Congratulates EQT for its Accomplishments in Methane Abatement and Industry Leadership in Striving for Net Zero Methane Emissions

Retrieved on: 
Wednesday, January 4, 2023

OGDEN, Utah, Jan. 4, 2023 /PRNewswire/ -- Qnergy Inc. (www.qnergy.com), the award winning methane abatement solutions provider and foremost manufacturer of compressed air pneumatics solutions (CAP) for eliminating natural gas powered pneumatic devices, believes that EQT's "fit for purpose technology strategy" approach is a model for the rest of the energy industry.

Key Points: 
  • EQT's announcement today of eliminating 100% of their nearly 9,000 natural gas-powered production pneumatic devices is a net zero emissions model for the natural gas industry to pursue.
  • Qnergy sees EQT's path to zero methane emissions at production wellpads as a model for the rest of the industry.
  • EQT's strategy and roadmap is in line with the direction that Qnergy urges the natural gas energy industry to pursue.
  • Qnergy believes that instrument air is a cost effective, feasible, and expedient strategy that the entire energy industry can and should follow.

Greentown Labs, MIT, Texas Universities Reveal New Student Entrepreneurship Program

Retrieved on: 
Thursday, October 27, 2022

"TEX-E will build upon Texas universities' deep and long-standing connections to the energy industry by helping to attract and retain the world-class talent needed to supercharge Houston's innovation ecosystem."

Key Points: 
  • "TEX-E will build upon Texas universities' deep and long-standing connections to the energy industry by helping to attract and retain the world-class talent needed to supercharge Houston's innovation ecosystem."
  • But often when MIT startups need to scale up, they look towards Texas, where they can find talent, space, and industry knowhow in spades.
  • The founding institutions of TEX-E are Rice University , Texas A&M University , Prairie View A&M University , University of Houston , and The University of Texas at Austin .
  • "Prairie View A&M University (PVAMU) is enthusiastic about the partnership with Greentown Labs through the Texas Entrepreneurship Exchange for Energy (TEX-E) initiative," said Magesh Rajan, Vice President of Research and Innovation.

Qnergy recognized for its climate technology innovations

Retrieved on: 
Tuesday, October 18, 2022

OGDEN, Utah, Oct. 18, 2022 /PRNewswire/ -- Qnergy Inc. (www.qnergy.com), a proven methane abatement solutions provider and foremost manufacturer of clean, reliable, electric power utilizing Stirling engine technologies, announced important global recognitions.

Key Points: 
  • In the past months Qnergy has been recognized by no less than three global organizations for its innovative methane abating technology and innovations.
  • Each of these three prestigious organizations have named Qnergy an awards finalist in their respective searches to find the best, most innovative, and climate impactful technologies.
  • Receiving independent recognitions by three prestigious organizations demonstrates Qnergy's commitment to delivering climate technology and sustainability solutions, further highlighting our market proven innovations in methane abatement and contributions to a clean energy industry and world.
  • For more information about our innovative climate technology solutions visit: www.qnergy.com .

New Report Shows How High Retail Electricity Prices Are Slowing California’s Progress Towards an Equitable Clean Energy Future

Retrieved on: 
Friday, September 23, 2022

The report finds that in 2019, IOU residential customers were paying an effective electricity tax that averaged $678 per year.

Key Points: 
  • The report finds that in 2019, IOU residential customers were paying an effective electricity tax that averaged $678 per year.
  • The researchersProfessors Severin Borenstein, Meredith Fowlie, and James Salleeconclude that utilities in California are covering many costs beyond the direct cost of supplying electricity through higher electricity prices.
  • The new study is a follow-up to the authors 2021 study, Designing Electricity Rates for An Equitable Energy Transition .
  • The Energy Institute at Haas helps create a more economically and environmentally sustainable energy future through research, teaching and policy engagement.