NewsRoom Articles - Page 145 of 191

FridayNov 12, 2021 12:45 pm

COP26 Ideal for Emphasizing Battery Storage Role in Energy Transition

This year’s UN climate change conference, dubbed COP26 and running Oct. 31 through Nov. 12, 2021. With the climate crisis at its worst, policymakers are under significant pressure to turn things around. Various issues will be discussed during the climate change conference, including the establishment of an international carbon market and the reduction of the use of coal. Energy storage will enable renewable energy to replace fossil fuels globally, which makes it essential. However, discussions on storage technologies such as batteries may not be covered during this annual event. This is a bit worrying, especially if one considers the fact…

ThursdayNov 11, 2021 12:45 pm

Pros and Cons of Investing in Silver Bullion

When the price of silver increases, interest from investors in the silver market rises. Like gold, the metal is considered to be a safe haven asset that investors can use to protect themselves in times of uncertainty. Silver can also be used by investors to preserve their wealth in times of difficulty. Today, we look at the advantages and disadvantages of purchasing silver bullion. Advantages of Investing in Silver Bullion Provides anonymity Silver affords its users a degree of anonymity when it comes to spending, just like cash. Individuals who would prefer to not have their transactions in public records…

WednesdayNov 10, 2021 11:20 am

Why Nuclear Energy Isn’t Growing Fast in America

As more countries adopt the use of renewable energies and cut down on fossil fuel use in order to meet their carbon neutrality goals, the debate on whether nuclear energy should be used continues. Nuclear energy doesn’t emit high levels of carbon dioxide such as other renewable energies, which makes it a good option to complement solar and wind energies. While nuclear energy is considered to be a renewable energy source, the material it uses to generate power — uranium — is not renewable. At the moment, uranium exists in plenty and, despite having a volatile price, is easier to stockpile…

TuesdayNov 09, 2021 12:30 pm

Report Finds That Corporate Funding into Battery-Storage Sector Reached Billions

During the first nine months of this year, companies involved in the battery-storage sector raised roughly $11 billion in corporate funding. This figure represents a more than 360% rise in sector funding when compared to the same period in 2020. Mercom Capital, a clean-energy markets research group, stated that the amount it had recorded in its most recent report on M&A activity and battery-storage funding was made up of more than 70 deals. Between January and September 2020, battery-storage companies only closed 35 deals, with a total value of $3.5 billion. The company’s report highlights the activity of the smart…

MondayNov 08, 2021 3:00 pm

Factors Influencing Silver Demand

Silver has various applications, including in investments as well as in different industries, meaning its demand stems from different sectors. The metal is considered to be versatile, with its demand being driven by its end uses that range from medicine to silverware. Technological and industrial uses for silver account for more than one-half of annual international demand, stimulated by its ductility, malleability and strength. Last year, the global demand for the metal decreased by roughly 99 million ounces, with the largest decline in consumption being recorded in the silverware and jewelry segments. Projections show that the demand for the metal…

MondayNov 08, 2021 12:50 pm

StraightUp Resources Inc. (CSE: ST) Positions Itself Among Major Mining Companies After Securing Right of Exclusivity with Premier Silver Corp.

StraightUp has entered an ROE with Premier Silver Corp. that secures it 60 days of exclusivity to negotiate an agreement on the acquisition of Premier and its underlying assets Premier’s acquisition would give StraightUp a shot at tremendous upside potential in silver exploration and building assets where silver forms the primary product in mining the material Premier is a crucial player in the junior mining industry, having raised over $10 million in private funding to date Its main asset, the Mallay Mine & Processing Plant, is one of the largest silver mining packages in Peru StraightUp Resources (CSE: ST) has…

FridayNov 05, 2021 1:30 pm

Study Finds Radiation May Create Valuable Fuel Additive

Researchers have found that radiation from nuclear fuel that has already been used can be utilized in the creation of a fuel additive required for renewable biodiesel. The research, which was conducted by researchers at the Aston University and Lancaster University in the UK as well as the Jožef Stefan Institute in Slovenia, was reported in the “Nature Communications Chemistry” journal. The report called attention to the existence of uncharted renewable processes that can be realized through the use of ionizing radiation. The research highlights that the technique used to make biodiesel produces byproducts like glycerol. In the report, the…

ThursdayNov 04, 2021 12:30 pm

Honeywell Launches New Flow Battery Technology for Energy Storage

Honeywell Sustainable Technology Solutions recently launched its new flow battery technology, which uses renewable energy sources to satisfy the rising demand for sustainable energy storage. This flow battery makes use of a safe and incombustible electrolyte that generates electricity from chemical energy before storing it for future use, while satisfying the safety, longevity and environmental objectives of different utilities. The company’s new technology affords extended duration and more flexibility to utility companies. The flow battery technology stores energy that can be utilized when a location’s power grids are at capacity, when there’s a power outage or when solar and wind…

WednesdayNov 03, 2021 3:15 pm

World Bank Report Projects Precious Metals Price Recovery

During this year’s third quarter, the Precious Metals Index dropped by 3%. The latest report released by the World Bank notes that this drop was caused by reduced physical demand, a stronger U.S. dollar and decreasing investor sentiment from rising real interest rates. The World Bank projects that in the short term, the average price of these metals will increase heading into 2022, with many expecting a tightened monetary policy. Some risks to this outlook include more persistent inflation, intense geopolitical tensions and the threat of new variants of the coronavirus. The report also notes that the price of gold…

TuesdayNov 02, 2021 1:15 pm

U-Battery Exhibits Full-Scale Modular Nuclear Reactor Model

Last month, Cavendish Nuclear and U-Battery unveiled a full-scale model of U-Battery’s advanced modular reactor. The event was held at the Whetstone facility, which is located in Leicestershire and owned by Cavendish Nuclear. This full-scale model shows how the reactor can be constructed using modular techniques. The project was financed under the Advanced Manufacturing and Materials Program by the United Kingdom’s Department for Business, Energy and Industrial Energy. U-Battery general manager Steve Threlfall stated that building a full-scale model allowed the company to ascertain the requirements for the reactor’s concept design and confirm the operational safety case of the nuclear…

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