Energy

Patent Drop

Rolls-Royce Patent Could Retrofit Aircraft with Hydrogen Engines

Photo via U.S. Patent and Trademark Office

Hydrogen faces a number of hurdles before it can be considered a suitable alternative to jet fuel – namely, cost.

2 min read
Patent Drop

Honda Wireless EV Charging Patent Highlights ‘Range Anxiety’ as Adoption Barrier

Photo via U.S. Patent and Trademark Office

Charging infrastructure remains one of the biggest hurdles for widespread EV adoption.

2 min read
Energy

Big Banks Promise to Back Nuclear Energy

Photo by Wim van’t Einde via Unsplash

A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.

1 min read
Energy

BP Puts $2 Billion US Onshore Wind Business Up for Sale

Photo by Luca Bravo via Unsplash

On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.

2 min read
Energy

OPEC+ Wants to Prop Up Falling Oil Prices

Photo by Zukiman Mohamad via Pexels

Days after Brent crude oil prices fell under $74 per barrel, the member nations of OPEC+ agreed to delay a production increase for two months.

2 min read
Patent Drop

Google Patent Eyes Hydrogen for Data Centers as Energy Use Soars

Photo via U.S. Patent and Trademark Office

The tech could signal that Big Tech is looking for creative solutions to AI’s power demand.

2 min read
Energy

US Dithering on Hydrogen Gives Foreign Investment a Way In

Photo by Etienne Girardet via Unsplash

The Abu Dhabi National Oil Company (ADNOC) signed a deal with Exxon to buy a 35% share of a new hydrogen plant just outside Houston, Texas.

1 min read
Patent Drop

Nvidia Patent Reels In Data Centers’ Energy Usage as AI Chips Skyrocket

Photo via U.S. Patent and Trademark Office

The tech could signal that the company is reading the tea leaves on data center architecture.

2 min read
Patent Drop

Block Crypto Infrastructure Patent Could Solve Blockchain’s Power Problem

Photo via U.S. Patent and Trademark Office

The filing highlights that the company is taking aim at the crypto hardware sector.

2 min read
Energy

The Carbon Credit Market Takes a Knock

Photo by Markus Spiske via Unsplash

The Integrity Council for the Voluntary Carbon Market issued some new guidelines on what types of carbon credits it can rubber-stamp.

1 min read
Markets

Energy Crisis Spurs Record Payout at Vitol Group

Photo by Colton Sturgeon via Unsplash

Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.

1 min read
Energy

Shell Backs Off Offshore Wind

Photo by Jesse De Meulenaere via Unsplash

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read
Patent Drop

Intel’s Clean Computing Patent Signals AI’s Power Problem

Intel’s latest patent to clean up data centers could help minimize the climate impacts of tech’s hunger for AI.

2 min read
Artificial Intelligence

AI Could Upend Electricity Demand

Photo illustration by Connor Lin / The Daily Upside

AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.

5 min read
Energy

Oil Executives Predict US Production Dip If Acquisition Spree Continues

Photo by Jeff W via Unsplash

A quarterly survey by the Federal Reserve Bank of Dallas polls around 140 energy firm executives in Texas, Louisiana, and New Mexico.

1 min read