As the demand for electric vehicles (EVs) continues to rise and renewable energy incentives become more common, many early adopters of EVs are considering upgrading their home charging systems. According to a J.D. Power survey, 60% of current Level 1 charger users are likely to upgrade to either a permanently mounted Level 2 charger or …
Eye on NY: Another Economic-Development ‘Flop’ Plans to attract Canadian battery company Zinc8 to New York with “government incentives” seem to have failed, according to Ken Girardin at the Empire Center. Zinc8 had been working towards a low-cost zinc-air battery for a “renewable-heavy energy grid.” However, last week, its CEO resigned, employees were laid off, …
Sopa Images | Lightrocket | Getty Images Authorities have apprehended Su Zhu, a co-founder of the bankrupt digital asset hedge fund Three Arrows Capital, who was attempting to flee Singapore. Liquidators overseeing the bankruptcy estate of 3AC, the collapsed fund, announced on Friday that Zhu was arrested at Changi Airport in Singapore while trying to …
Britain’s approval on Wednesday of a $9.85 billion oil and gas field off the Shetland Islands, 120 miles north of the Scottish mainland, has sparked a surge of opposition from environmentalists and politicians. The decision has been met with mixed reactions as the country transitions towards clean energy and its net zero commitment by 2050. …
A breathtaking view of Sullom Voe Terminal, an oil and gas terminal in the enchanting Shetland Islands during September 2021. Photo by Adrian Dennis | Afp | Getty Images LONDON — In a significant move, British regulators granted approval on Wednesday for Norway’s energy giant Equinor to develop the highly debated U.K. offshore Rosebank field …
Shown above is the impressive head office of SK ecoplant located in South Korea. In an exciting development, SK ecoplant and Ascend Elements have collaborated to establish a state-of-the-art recycling facility for electric car batteries in the United States. Photo courtesy of SK ecoplant. Sept. 26 (UPI) — South Korea’s leading company, SK ecoplant, has …
A coalition of 25 state governors unveiled an ambitious plan to achieve a goal of 20 million deployed heat pumps by 2030, according to an announcement made in New York City on Thursday. This target represents a quadrupling of the 4.8 million heat pumps that were installed in the United States in 2020, as analyzed …
From February 5, 2023, the European Union will cease the purchase of petroleum products like diesel, gasoline, and lubricants from Russia. Picture Alliance | Picture Alliance | Getty Images Russia has implemented an indefinite ban on the export of diesel and gasoline to most nations. This move poses a threat to fuel supplies before winter, …
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Ethereum co-founder Vitalik Buterin is a nomadic coder who is constantly on the move, seeking refuge with like-minded programmers who share his passion for cryptography-powered technology. In an interview in Prague, Buterin expressed apprehension about visiting certain countries, including his homeland of Russia, due to political reasons and concerns over privacy and open-source code. Despite …