24/7 Energy News Coverage
October 23, 2024
CARBON WORLDS
Carbon Capture Innovators Lead $339BN circular economy with affordable CO2 Tech



London, UK (SPX) Oct 23, 2024
Global energy consumption has risen by over 500 gigatons in the last five years, now representing 28% of all material usage since 1900. With the global population projected to grow by nearly 2 billion by 2050, demand for resources will continue to surge. "Balancing resource availability with growing demand is becoming increasingly urgent. That's where our contribution to the Circular Economy comes in," said Samir Adams, Managing Director of Technology for Carbon Capture and Commercialization (CC&C). "Ou ... read more

UAV NEWS
Firm showcases world's largest unmanned cargo drone
Sydney, Australia (SPX) Oct 23, 2024
Chinese aviation startup Air White Whale has introduced the W5000, the world's largest unmanned cargo drone. The aircraft made its first public appearance at a ceremony held in Changzhou, Jiangsu pr ... more
CIVIL NUCLEAR
Framatome completes lifecycle operations for enhanced accident-tolerant fuel assemblies in the US
Los Angeles CA (SPX) Oct 23, 2024
Framatome's GAIA fuel assemblies, featuring PROtect Enhanced Accident Tolerant Fuel (E-ATF) technology, have successfully completed their third 18-month fuel cycle at Georgia Power's Plant Vogtle. T ... more
AEROSPACE
Hydrogen aviation has to be done properly or not at all
Cambridge UK (SPX) Oct 23, 2024
IDTechEx's report, "Sustainable Future Aviation 2025-2045: Trends, Technologies, Forecasts", finds that hydrogen is likely to be a main contender for decarbonizing the aviation industry. The report ... more
SOLAR DAILY
Towards better solar cells through unique electricity generation
Tokyo, Japan (SPX) Oct 23, 2024
Researchers in Japan have experimentally demonstrated the bulk photovoltaic (BPV) effect in alpha-phase indium selenide (a-In2Se3) along the out-of-plane direction for the first time, potentially le ... more
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TECH.WIRE
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FAST TRACK
Tokyo Metro shares rocket on debut
Tokyo (AFP) Oct 23, 2024
Shares in Tokyo Metro, one of the world's busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan's biggest initial public offering in six years. ... more
TRADE WARS
IMF lowers China 2024 growth forecast, warns property woes 'could worsen'
Beijing (AFP) Oct 22, 2024
The International Monetary Fund (IMF) revised its forecast for China's growth this year down slightly to 4.8 percent on Tuesday, warning that a persistent downturn in the real estate sector could potentially worsen. ... more
TRADE WARS
UN eyes modest 2024 maritime trade growth, but future uncertain
Geneva (AFP) Oct 22, 2024
Maritime trade should show modest growth this year, the UN said Tuesday, warning though that the geopolitical tensions, climate impacts and conflicts shaking global trade are threatening the functioning of maritime supply chains. ... more
ENERGY NEWS
70% of Cuba's population has power back after blackout
Havana (AFP) Oct 23, 2024
Seventy percent of Cuba's population has power again as the island recovers from a nationwide blackout and a hurricane that left seven people dead, the government said Tuesday. ... more

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FLORA AND FAUNA
Miners, farmers protest COP16 host Colombia's nature protection plans
Cali, Colombia (AFP) Oct 22, 2024
Thousands of miners and small-scale farmers protested Tuesday in Colombia against plans by the government, currently hosting a UN biodiversity summit, to declare protected zones in areas where they make their livelihoods. ... more
CLIMATE SCIENCE
Rich nations must pay more to tackle climate change, G24 says
Washington (AFP) Oct 22, 2024
Richer countries must put more money on the table to support the world's developing and emerging market economies tackle climate and development challenges, or risk undoing recent progress, the G24 group of nations said Tuesday. ... more
OIL AND GAS
Iran, Saudi plan joint military exercises: Iranian media
Tehran (AFP) Oct 22, 2024
Iran and Saudi Arabia are planning to conduct joint military exercises in the Red Sea, according to an Iranian report not confirmed by Riyadh, in what would be a first for the regional heavyweights. ... more
CAR TECH
Strong auto prices lift GM results as it eyes China revamp
New York (AFP) Oct 22, 2024
General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was hopeful about returning to profitability in China and reiterated a flexible approach to EV investment. ... more
FROTH AND BUBBLE
NGO urges Albania to 'transparently' probe suspected toxic waste
Tirana (AFP) Oct 22, 2024
A Seattle-based NGO specialising in tracking toxic waste urged Albania on Tuesday to lead a transparent probe into hundreds of tons of possibly hazardous material expected to be shipped there next weekend. ... more
TRADE WARS
New HSBC boss announces bank restructuring
London (AFP) Oct 22, 2024
HSBC on Tuesday unveiled plans to simplify the banking giant's structure from next year in the first major change under new chief executive Georges Elhedery. ... more
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TRADE WARS
Stocks mixed as rate cut bets are trimmed, US vote in focus
Hong Kong (AFP) Oct 23, 2024
Equities diverged Wednesday after another unremarkable day on Wall Street, where rising bond yields and comments from Federal Reserve officials dampened expectations for US interest rate cuts. ... more
INTERNET SPACE
China industry chief meets Apple boss Cook in Beijing
Beijing (AFP) Oct 23, 2024
China's industry chief told Apple CEO Tim Cook in Beijing on Wednesday that he hoped the US tech giant would continue to "deepen" its presence in the country, an official statement on their meeting showed. ... more
TRADE WARS
India's Modi to meet China's Xi in Russia: foreign ministry
New Delhi (AFP) Oct 23, 2024
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping will hold their first bilateral meeting in five years Wednesday, Indian officials said, days after their countries reached a deal on their contested border. ... more
ICE WORLD
Rapid industrial growth impacting Arctic ecosystems
Berlin, Germany (SPX) Oct 22, 2024
The Arctic is experiencing severe climate change, with temperatures rising approximately 3C since 1979 - nearly four times faster than the global average. This region, known for its sensitive ecosys ... more
TIME AND SPACE
How quantum entanglement unfolds in attoseconds
Berlin, Germany (SPX) Oct 23, 2024
Quantum processes, once considered instantaneous, are now being understood in terms of time, thanks to advanced research and simulations. A team from TU Wien, in collaboration with researchers in Ch ... more
ROBO SPACE
Listening skills bring human-like touch to robots
Los Angeles CA (SPX) Oct 23, 2024
Imagine sitting in a dark movie theater, shaking your drink to hear how much soda is left. Now, researchers at Duke University are working to bring this type of human sensory ability to robots with ... more
CIVIL NUCLEAR
Amazon bets on nuclear power to fuel AI ambitions
New York (AFP) Oct 16, 2024
Amazon announced significant investments in nuclear energy on Wednesday, joining other tech giants in aiming to meet the high electric power demands of artificial intelligence using atomic energy. ... more
ROBO SPACE
ABBA's Bjorn among 11,000 artists issuing AI warning
Los Angeles, United States (AFP) Oct 22, 2024
Thousands of artists including ABBA singer Bjorn Ulvaeus, Hollywood actress Julianne Moore and Nobel laureate Kazuo Ishiguro have signed a statement warning about the unlicensed use of artificial intelligence. ... more
AEROSPACE
US regulator finalizes air taxi rules
New York (AFP) Oct 22, 2024
US regulators on Tuesday finalized regulations for "powered lift" vehicles, opening the door for commercial air taxis. ... more
AEROSPACE
NASA Pilots Add Perspective to Research
Edwards AFB CA (SPX) Oct 17, 2024
NASA research pilots are experts on how to achieve the right flight-test conditions for experiments and the tools needed for successful missions. It is that expertise that enables pilots to help res ... more
ENERGY NEWS
U.S. makes $860M loan guarantee to aid Puerto Rico in strengthening its energy grid
Washington DC (UPI) Oct 21, 2024
The federal government announced Monday a more than $860M private loan guarantee for construction of solar and battery storage facilities for Puerto Rico. ... more
CIVIL NUCLEAR
Italy lays groundwork for return to nuclear power
Milan, Italy (AFP) Oct 21, 2024
Italy announced Monday it would within weeks create the legislative framework for its first nuclear power stations in almost 40 years. ... more
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WATER WORLD
London trial probes 2015 Brazil mine disaster
London (AFP) Oct 21, 2024
A trial to determine whether Australian mining giant BHP is liable for one of Brazil's worst environmental disasters opened Monday in London, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of people. ... more
ENERGY TECH
Mercedes opens electric car battery recycling plant
Frankfurt, Germany (AFP) Oct 21, 2024
Mercedes-Benz inaugurated Monday a plant for recycling electric vehicle batteries in Germany, with the luxury carmaker's boss hailing a "key milestone" in boosting the sector's sustainability. ... more
INTERNET SPACE
Apple CEO visits China for second time this year as sales slump
Beijing (AFP) Oct 22, 2024
Apple CEO Tim Cook was in China for the second time this year, he said on social media Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market. ... more
ENERGY NEWS
Electricity restored to 50% of Havana after nationwide blackout: Cuba state media
Havana (AFP) Oct 21, 2024
Electricity has been restored to half of Havana, the Cuban capital's power company reported Monday, four days after the start of a nationwide power blackout that the authorities have struggled to address. ... more
CYBER WARS
Major crypto, diamond fraud trial opens in France
Nancy, France (AFP) Oct 21, 2024
A trial opened in a French conference centre on Monday, with more than 20 defendants accused of defrauding 1,300 individuals with fake cryptocurrency and diamond investment schemes, as well as swindling top football clubs. ... more
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