THE DAILY ROUNDUP – Friday

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Tuscan geothermal well in Apennine Mountains promises unlimited green energy output

A geothermal well is in its planning stages in Tuscany, Italy. New study results are helping to assuage concerns that drilling into the region’s Apennine Mountains could increase earthquake risk. The geothermal well, called Venelle-2 could provide Tuscany with an essentially unlimited source of clean energy output, said a new Wired report. That said, it is…

There are still too many unknowns about supercritical fluids to give a proper answer.

University of Geneva researcher Riccardo Minetto

Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global

Spanish renewable energy company Acciona has partnered with Climate Blockchain Initiatives (CBI) to drive the global expansion of CBI’s blockchain-based purchase-and-sale platform for carbon rights. Developed by CBI, ClimateTrade is a platform that helps companies and consumers offset their carbon footprint. The platform connects generators of…

By committing to the ClimateTrade project, we align ourselves with a triple strategic objective for ACCIONA: the fight against climate change, innovative digitization as a lever for bringing about the energy transition, and social responsibility towards the communities where we develop our projects.

Mikel Ortiz de Latierro, Director of Prevention, Sustainability, Environment and Quality of ACCIONA’s Energy Division

Utility giant ensures steady power supply

State Grid Corp of China has been shoring up efforts to ensure power security for the national fight against the novel coronavirus outbreak. The power supplier for more than 1.1 billion people in China has vowed to continuously advance the construction of power supply facilities at 17 hospitals in Hubei province, the epicenter of the outbreak…

The company is easily up to the task.

Joseph Jacobelli, independent energy analyst and executive vice-president for Asia at Cenfura Ltd

New Solar Technology Could Generate Power at Night

Researchers from the University of California, Davis, have announced a new invention that could harness solar power at night. They published a paper in ACS Photonics that explained how new technology could use a different process than solar panels to generate energy around the clock. The team that published these findings is currently working on…

Anti-solar panels could increase solar farm energy production by 12%, according to the paper. As the technology develops, this number could grow. Even if it doesn’t, any rise in the efficiency of alternative energy can be advantageous.


KiloVault launches wall-mounted lithium-iron energy storage tech with HAB series

KiloVault, a provider of innovative and affordable residential and commercial renewable energy solutions, this week unveiled the new HAB series of wall-mount energy storage systems. Designed for trouble-free mounting, the HAB provides a 7.5 kWh battery in a single unit. Up to 14 units can be wired in parallel to provide up to 3.3 mWh of…


Blockchain for the Environment: It Is Real and It Is Here

Every week sears a new image of climate change into our collective consciousness. A few decades ago, we heard about ozone holes and ice melting at slightly higher rates than anticipated. Today, the reminders of climate change are more visceral and immediate: California’s hills and forests burn, Venice’s city council chamber floods, and Iceland holds…


Sweden is now testing its digital version of cash, the e-krona

The Riksbank, Sweden’s central bank, has announced the launch of a year-long pilot project of its proposed e-krona. The project will use distributed ledger technology inspired by the blockchains that run cryptocurrencies. Cashless in Sweden: Physical cash is headed toward obsolescence in Sweden. Nearly everyone uses a mobile payment application…

There is currently no decision on issuing an e-krona, how an e-krona might be designed or what technology might be used.

Riksbank economist Gabriel Söderberg

Top Blockchain Companies in India Making a Mark

As blockchain technology is picking up pace, Governments are trying to shred their hard stance and adopt a more lenient approach. It’s been a long time since the Reserve Bank of India banned banks from dealing with cryptocurrency-related transactions. The country has moved on. New and interesting developments are coming up every…


Ten Things to Know About the Clean Economy Act

There’s been a lot of hype and a lot of hand-wringing over the Clean Economy Act, the Democratic energy omnibus that outlines a path for Virginia to get to zero carbon emissions by 2050. In the largely partisan debate, Democrats have contended the VCEA is an ambitious but practical way for the state to combat climate change, the effects of which can…

By swiftly ramping up the use of more cost-effective efficiency and renewable resources will fundamentally change the economics of energy in our commonwealth.

Harry Godfrey of Virginia Advanced Energy Economy, one of the bill’s key architects, the VCEA

Solar Advocates See Opportunity to Take Microgrids to the Next Level in California

California’s response to the twin threats of wildfires and power shutoffs should encompass solar-plus-storage solutions, including large scale microgrids, according to a new report from advocacy group Vote Solar. The report raises concerns that Pacific Gas & Electric will choose only fossil fuel generators at 20 substations in Northern…

Installing hundreds of megawatts of large fossil generators in towns that experienced power outages in 2019 is the wrong way to build community resilience and reduce the risk of catastrophic wildfires.

Susannah Churchill, California director for Vote Solar

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