Resource economics

Luminace, a Leading Provider of Decarbonization-as-a-Service Solutions in North America, Announces Brand Launch

Retrieved on: 
Wednesday, July 21, 2021

Luminace manages a decarbonization-as-a-service platform totaling over 2,000 megawatts of operating and under development distributed generation facilities across 28 states, Washington D.C., Puerto Rico and Canada.

Key Points: 
  • Luminace manages a decarbonization-as-a-service platform totaling over 2,000 megawatts of operating and under development distributed generation facilities across 28 states, Washington D.C., Puerto Rico and Canada.
  • The Luminace brand reinforces our focus on the customer as their demand for a one-stop-shop of solutions to manage increasingly complex energy needs continues to rise, said Valerie Hannah, CEO of Luminace.
  • This brand launch reflects our market-leading decarbonization-as-a-service platform and ability to offer bundled distributed solar, storage and energy efficiency solutions at no upfront cost to our customers.
  • Luminace is one of the largest fully integrated decarbonization-as-a-service providers in North America, sponsoring accessible, reliable and renewable energy infrastructure to empower the zero-emissions future.

CILT International - Next-Day Delivery Demand Will Drive Up Carbon Emissions Without Change

Retrieved on: 
Wednesday, July 21, 2021

Growing demand for e-commerce delivery will result in 36% more delivery vehicles in inner cities by 2030 according to the Chartered Institute of Logistics and Transport (CILT) International. These findings come despite new policy proposals from the UK and EU in the ongoing global pursuit of net-zero carbon emissions.

Key Points: 
  • Growing demand for e-commerce delivery will result in 36% more delivery vehicles in inner cities by 2030 according to the Chartered Institute of Logistics and Transport (CILT) International.
  • These findings come despite new policy proposals from the UK and EU in the ongoing global pursuit of net-zero carbon emissions.
  • If there is continued consumer demand for services such as next day delivery, businesses will understandably continue to provide them, driving a rise in vehicle demand and emissions levels.
  • The CO2 impact of the Next Day Delivery boom is accentuated by the fact that the traditional vehicle for home delivery is the white van.

Joint Statement by Canada's Minister of Natural Resources and the European Commissioner for Internal Market

Retrieved on: 
Monday, July 19, 2021

OTTAWA, ON, July 19, 2021 /CNW/ -Canada's Minister of Natural Resources, the Honourable Seamus O'Regan Jr., and the European Commissioner for Internal Market, Thierry Breton, released the following joint statement on theframework for Canada-EU Strategic Partnership on Raw Materials.

Key Points: 
  • OTTAWA, ON, July 19, 2021 /CNW/ -Canada's Minister of Natural Resources, the Honourable Seamus O'Regan Jr., and the European Commissioner for Internal Market, Thierry Breton, released the following joint statement on theframework for Canada-EU Strategic Partnership on Raw Materials.
  • "The security of supply chains for the minerals and metals essential to the transition to a carbon-neutral and digitized economy is a priority for both Canada and the European Union.
  • Through thisstrategic partnership, developed jointly between Natural Resources Canada and the European Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs, we will focus on enhancing the security and sustainability of trade and investment, integrating raw material value chains and leading by example on environmental, social and governance standards.
  • Through this strategic partnership, we are joining forces to tackle strategic dependencies, build critical minerals and metals value chains, boost our competiveness in global markets and develop the clean technologies needed.

Illinois’ Nuclear Plants Near 41 Years of Providing Safe, Reliable, Carbon-Free Power

Retrieved on: 
Monday, July 19, 2021

Braidwood Station (3,975 days) and LaSalle Station (1,603 days) add to the streak, making the Illinois plants among the leaders in the industry for continuous operation.

Key Points: 
  • Braidwood Station (3,975 days) and LaSalle Station (1,603 days) add to the streak, making the Illinois plants among the leaders in the industry for continuous operation.
  • Powering Illinois with clean energy 24 hours a day, seven days a week is a hallmark of our zero-carbon nuclear fleet.
  • The Braidwood and LaSalle nuclear plants also are at high risk of premature retirement in the near term.
  • These nuclear plants provide everything residents have asked for: jobs, reliable and environmentally friendly power generation and a solid tax base for local communities.

Abaxx Expands Carbon Market Investments with Base Carbon Corp. Formation, AirCarbon Follow-on Investment

Retrieved on: 
Thursday, July 15, 2021

Ltd., the Abaxx Commodity Exchange, and producer of the SmarterMarkets Podcast, is leading the formation of a new venture, Base Carbon Corp. (Base Carbon).

Key Points: 
  • Ltd., the Abaxx Commodity Exchange, and producer of the SmarterMarkets Podcast, is leading the formation of a new venture, Base Carbon Corp. (Base Carbon).
  • Expands Carbon investments with creation of Base Carbon Corp.
    Base Carbon platform is being assembled with experienced management, existing revenue streams, and a pipeline of future business.
  • The Base Carbon management team have decades of experience leading sourcing, management and financing carbon projects across the carbon and environmental market ecosystem.
  • Under the terms of the LOI announced on February 11, 2021 , Abaxx has completed a 2nd follow-on investment into AirCarbon Pte.

Volvo Group Chief Technology Officer to Highlight Industry’s Sustainable Revolution During ACT Expo Keynote

Retrieved on: 
Thursday, July 15, 2021

Stenqvist, responsible for the Volvo Groups global technological needs and all engineering technology activities for the Groups products and services, is also a member of the companys executive board.

Key Points: 
  • Stenqvist, responsible for the Volvo Groups global technological needs and all engineering technology activities for the Groups products and services, is also a member of the companys executive board.
  • His keynote will cover how the Volvo Group is driving towards the companys ambition of transport decarbonization, as well as transforming into a new way of working, leading and delivering transport and infrastructure solutions.
  • ACT Expo is North Americas leading conference and expo showcasing real-world application of the latest transportation technologies, drivetrains, and clean fuels.
  • ACT Expo combines the best educational content in the industry with a cutting-edge trade show floor showcasing the most innovative technologies on the market today.

Cormetech Selected for a DOE Award to Demonstrate Technology to Increase the Amount of CO2 Captured in DAC Operations

Retrieved on: 
Thursday, July 15, 2021

Cormetech has been selected for an award from the Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to increase the amount of CO2 captured in Direct Air Capture (DAC) operations.

Key Points: 
  • Cormetech has been selected for an award from the Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to increase the amount of CO2 captured in Direct Air Capture (DAC) operations.
  • Cormetech plans to further develop its DAC contactor.
  • The improved contactor will maximize the amount of CO2 captured from the atmosphere, while reducing the amount of energy needed to operate.
  • Cormetechs CEO Mike Mattes commented Cormetech is very excited about this award, which will allow us to continue developing CO2 Capture technology with amine-based adsorbers in Direct Air Capture systems.

Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change

Retrieved on: 
Thursday, July 15, 2021

The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.

Key Points: 
  • The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.
  • "Dominion Energy has been a leader in greenhouse emissions reductions over the past 15 years.
  • Our customers expect safe, affordable, reliable, and increasingly sustainable energy which is why decarbonization is at the center of our business strategy.
  • Today's report demonstrates our continued commitment to transparent progress toward our net zero ambitions."

 REsurety launches “Locational Marginal Emissions” data product to empower customers to measure and maximize how much carbon they cut through clean energy purchases

Retrieved on: 
Wednesday, July 14, 2021

REsuretys patent-pending Locational Marginal Emissions technology calculates the carbon emissions at each node on an electric grid with hourly granularity.

Key Points: 
  • REsuretys patent-pending Locational Marginal Emissions technology calculates the carbon emissions at each node on an electric grid with hourly granularity.
  • This helps decision-makers understand how much each specific clean energy procurement, load-siting, or energy storage decision contributes to their decarbonization goals.
  • Locational Marginal Emissions solve the need for transparent and accurate carbon impact data, said Lee Taylor, CEO of REsurety.
  • REsuretys Locational Marginal Emissions data is available for projects in ERCOT and will be available for other U.S. markets later this year.

RMI and Microsoft Show How Corporations Can Accelerate a Cleaner Grid

Retrieved on: 
Wednesday, July 14, 2021

And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.

Key Points: 
  • And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.
  • The global non-profit's research finds that hourly load-matching strategies can help lay the groundwork for a decarbonized grid in the long term.
  • However, these strategies should be carefully tailored to region-specific grid dynamics to also maximize emissions reductions over the next decade.
  • RMI concludes that with more advanced procurement strategies, corporate procurement can play a key role in decarbonization of the grid as a whole.