Renewable Energy

Australia to invest $15 billion in renewable energy, critical minerals

Australia to invest $15 billion in renewable energy, critical minerals

SYDNEY, May 14 (Reuters) – The Australian government on Tuesday announced a A$22.7 billion ($15.0 billion) package to boost domestic manufacturing and renewable energy as the country seeks to reduce its reliance on foreign suppliers for key technologies. Details of the Future Made in Australia package announced in the […] Click here to view original […]

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Daily on Energy: Climate groups go after big banks for $705B to fossil fuels in 2023

Daily on Energy: Climate groups go after big banks for $705B to fossil fuels in 2023

CLIMATE GROUPS TAKE AIM AT BANK LOANS TO FOSSIL FUEL COMPANIES: The world’s 60 largest banks committed $705 billion globally to fossil fuel companies in 2023, according to a new report from a number of green groups, which say that the funding undercuts the pledges of U.S. banks to […] Click here to view original

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New Rules to Overhaul Electric Grids Could Boost Wind and Solar Power

New Rules to Overhaul Electric Grids Could Boost Wind and Solar Power

A transmission line construction project near Bingham, Maine, in 2022. Federal regulators on Monday approved sweeping changes to how America’s electric grids are planned and funded, in a move that supporters hope could spur thousands of miles of new high-voltage power lines and make it easier to add more […] Click here to view original

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Machine Learning Could Make Geothermal Energy More Affordable

Machine Learning Could Make Geothermal Energy More Affordable

Machine learning models can analyze extensive data to determine the best locations for geothermal drilling, reducing exploration costs. AI-powered drilling technology could make geothermal energy more accessible and cheaper. Rapid advancements in AI and machine learning technologies are expected to optimize energy operations and drive down costs even further. […] Click here to view original

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