Energy Infrastructure for All Electric Cars

Assuming each EV travels 12,000 miles annually, consuming approximately 300 Wh/mi of AC energy and assuming 4.9 % system losses for transmission and distribution, then each EV will require 3.8 MWh/year of energy generation. If there were 10 million EVs in California then they would need 28 TWh/year. The US has added up to 100 …

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Second Tesla VPP Event in Two Weeks $TSLA

I am part of the Tesla VPP program in Northern California. There are now about 2800 households that are part of the VPP. PGE is having its second VPP event in about two weeks. Those with Tesla Solar Power and Tesla Powerwalls who have opted into Tesla’s Virtual Power Plant program get $2 per kwh …

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Terrestrial Energy and Alberta Commercializing SMR Reactor

Invest Alberta supports commercialization of Terrestrial Energy’s Integral Molten Salt Reactor with a focus on reducing emissions in the oil and gas, and petrochemical industries. Alberta, along with the provinces of Ontario, New Brunswick and Saskatchewan, is working to advance small modular reactor (SMR) technologies through an interprovincial memorandum of understanding it joined in April …

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Korea Invests in Bill Gates TerraPower

Korea’s SK Group will invest USD250 million in TerraPower to develop small modular nuclear reactors. The round was co-led by SK Inc and SK Innovation and TerraPower’s founder Bill Gates. Additional funding will come from other investors. The US Department of Energy is giving TerraPower cost-shared funding through the Advanced Reactor Demonstration Program (ARDP) to …

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