ORB CleanTech Inc’s Post

Powering the Future: DOE Funds New Carbon Capture & Removal Centers Key Points: 1)     U.S. Department of Energy (DOE) allocates significant funding to carbon capture and removal centers. 2)     New centers will focus on advancing technology for carbon capture and direct air removal. 3)     Initiative aims to accelerate the U.S. toward a net-zero emissions future. 4)     Projects will support research, development, and deployment of cutting-edge carbon management solutions. 5)     Funding will enhance partnerships between government, industry, and academia to combat climate change. https://lnkd.in/gfseY7tM #CarbonCapture #CarbonRemoval #DOEFunding #CleanEnergy #NetZero #ClimateAction #GreenTechnology #Sustainability #CarbonManagement #DirectAirCapture #Innovation #EnergyTransition #ClimateTech #EmissionsReduction #FutureEnergy

Financing the green energy transition Discover how strategic financing tools can fuel innovation and help power a green energy transition while saving the world US$50 trillion on its journey to net zero. When we talk about the transformation to address climate change, the intent is clear, the targets are set, and the technology is accelerating. The missing piece in the green energy transition is finance. The affordable pathway towards a just transition starts now. #sustainability

Decarbonization and energy reduction are challenging for several reasons: - Complex Systems: Our energy systems are intricate and interconnected. Transitioning from fossil fuels to cleaner alternatives involves changing infrastructure, policies, and consumer behavior. Coordinating these changes across sectors (such as transportation, industry, and residential) is complex. - Economic Interests: Fossil fuel industries have significant economic influence. Decarbonization threatens their profits, leading to resistance and lobbying against clean energy policies. Balancing economic interests with environmental goals is difficult. - Technological Barriers: Developing and scaling up renewable energy technologies (like solar panels, wind turbines, and energy storage) requires substantial investment and research. Overcoming technical challenges is essential for successful decarbonization. - Behavioral Change: Energy reduction relies on individual and collective actions. Encouraging people to adopt energy-efficient practices (such as using public transport, reducing waste, or conserving electricity) can be challenging. - Global Cooperation: Climate change is a global issue. Achieving meaningful decarbonization requires international cooperation, agreements, and shared commitments. Negotiating and implementing such agreements can be slow and contentious. - Transition Costs: While decarbonization benefits long-term sustainability, the initial costs can be high. Upgrading infrastructure, retraining workers, and investing in new technologies require financial resources. In summary, decarbonization and energy reduction are difficult due to the intricate nature of our energy systems, economic interests, technological hurdles, behavioral change, global cooperation, and transition costs. However, addressing these challenges is crucial for a sustainable future. There are two ways to handle these challenges, avoid them, or take them head on. It cant be fixed in a day, but making a 1% difference everyday is 365% change in a year. McKinstry can help you no matter where you're at in your journey.

The future of global energy systems is uncertain and complex. Organizations worldwide are developing long-term projections considering policy choices, technological advancements, energy prices, and geopolitical developments. Discover how these projections and developments are shaping our path towards a sustainable energy future. Read our last article for in-depth insights 👉 https://lnkd.in/dv_ZrRzX #EnergyFuture #Sustainability #RenewableEnergy #ClimateAction #MESPAC

A great summit. I agree we have a good understanding of constraints. We need to create a collaborative pathway to ensure $$ are invested now to ensure optimised reliability and optionality for energy into 2030s and 2040s.

Financing the green energy transition Discover how finance can fuel innovation and help power a green energy transition while saving the world US$50 trillion on its journey to net zero. When we talk about the transformation to address climate change, the intent is clear, the targets are set, and the technology is accelerating. The missing piece in the green energy transition is finance. #sustainablefinance #greenenergy #sustainability #ESG #climatechange

We need to speed up the energy transition that is underway. Sandra James highlights the need to secure the right talent to support this transition as one of the major challenges. “AEMO estimates energy sector demand from workers will approximately double to 60,000 people out to 2050, across all disciplines. At the same time, Deloitte Access Economics estimates 26 per cent of Australia’s workforce are employed in industries vulnerable to disruption as the transition accelerates. This means government and industry must work together to proactively identify current and emerging skill gaps in the sector and then fill them through a combination of retrained workers from disrupted industries, pipelines of graduates and upskilled workers from universities and the VET sector, and highly skilled international talent.” Sandra James Struan Buchanan Steve Warren Amanda Flouch Artie Gindidis The Australian Financial Review #afrenergyclimatesummit

The greatest obstacle on our path to net zero is not investment difficulties or technological challenges - it’s actually getting renewable projects connected to the grid. Just a few years ago, that would have been simply unthinkable.

The energy transition is not progressing at the pace required to match the scale of the transformation - often compared to a second industrial revolution. The next step is clear: we must accelerate the approval process for critical energy projects to prevent progress from stalling. But how do we do this without compromising market integrity? And how can we advance quickly amidst the challenges we face? In our AFR Industry Insights piece, Sandra James, outlines a new playbook to overcoming these obstacles: https://deloi.tt/3YlmHlE #AFREnergyClimateSummit #Energy #Sustainability

Driving innovation towards Net Zero with National Grid’s £15.3M projects 🌍 Exciting news from National Grid as it secures £15.3M for three game-changing projects, each designed to accelerate grid resilience and flexibility on the path to net zero. This funding from Ofgem’s Strategic Innovation Fund empowers projects that integrate low-carbon tech with real-time adaptability—crucial as renewable energy transforms the way we power our lives. Key insights from these projects include: ▶️ Enhanced grid flexibility through innovative technologies. ▶️ Real-time data integration for predictive grid balancing. ▶️ Sustainable solutions for long-term resilience. This is a significant step forward and one that isn’t often recognised publicly as critical to achieving net zero. Transitioning to net zero isn’t just about increasing renewable output but ensuring our infrastructure is prepared for variable energy flows. Collaborative action and innovation are essential to keep the grid reliable while we advance toward a sustainable future. Read the full article and more about each project in the comments. #NetZero #GridInnovation #SustainableFuture #ElectricalEngineering #GridStability #RenewableFuture