NewsRoom Articles - Page 150 of 206

FridayMar 04, 2022 12:16 pm

U.S. Department of Energy Announces Clean Energy Strategy

The Department of Energy recently announced its strategy to secure a supply chain for clean energy. The department’s goals for nuclear are to facilitate the continued operation of existing nuclear reactors in the United States, advance the development of nuclear fuel cycles, enable advanced nuclear reactor deployment and maintain the country’s leadership in technology for nuclear energy. These strategic plans are said to be the first-ever comprehensive strategy by the U.S. government to build a diverse, resilient and secure domestic energy-sector industrial base. The plans are part of the government’s approach to revitalize America’s economy and manufacturing by securing its…

ThursdayMar 03, 2022 2:10 pm

How Battery Energy Storage Systems Can Be Protected from Fire Risks

Climate change and global warming have made it clear that we need to find cleaner, more renewable sources of energy. More than a century of heavy industry has filled the atmosphere with greenhouse gases and disrupted the planet’s natural heating and cooling cycle. With several countries across the world declaring their intent to replace fossil fuels with renewables such as solar and wind, the need for stationary power storage facilities has risen. Unlike fossil fuels, which can produce energy when needed, solar and wind are limited to weather conditions and time. You can generate a lot of solar energy during…

ThursdayMar 03, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Keeping a Close Eye on the Evolving Geopolitical Situation, and its Impact on Risk-Taking

The price of gold has increased by 6.5% to reach an 18-month high of $1,973.96 Palladium has also increased by 5.1% in value for the third consecutive month Gold is proving to be the main safe-haven asset with the growing tensions StraightUp acknowledges a change in shareholders’ willingness to take more risks but looks to capitalize on opportunities that present themselves, specifically with the increase in the price of gold Back in 2020, organizations worldwide had to deal with the pandemic and the geopolitical risk it presented. At that time, the situation affected investment and, more importantly, investors’ risk-taking appetite,…

WednesdayMar 02, 2022 2:07 pm

Newmont to Pay Out Industry-Topping Dividend Next Month

Newmont Corporation, the biggest gold miner in the world by production volume, has declared the highest quarter 4 dividend in the industry, retaining its top spot as the mining firm with the largest dividend yield. The miner’s board recently announced that it would be paying a dividend of 55c per common share on March 24, 2022, to shareholders who owned stock by the close of business on March 10. Newmont plans to release the results for the fourth quarter and the entire financial year of 2021 on Feb. 24, 2022. The gold miner, which also produces silver, zinc, copper and lead,…

TuesdayMar 01, 2022 2:11 pm

Panel Suggests External Threats to Nuclear Energy Need Urgent Attention

Panelists during the Nuclear Energy and Its Future session discussed how the various obstacles the nuclear industry faced need to be overcome if the energy is to be used to address the threat of climate change. These obstacles included perceived competition with renewable energy sources, political changes, market design, the cost of finance, the perception of nuclear as an outdated technology and misconceptions about radioactive waste. The panel was moderated by EMEA Power, Gas, Coal and Carbon head Nina Chestney. Centrus Energy Corp president and CEO Dan Poneman stated that even with maximum deployment of wind and solar and battery…

MondayFeb 28, 2022 10:24 am

US Utility-Scale Energy Storage Installation Tripled in 2021

The American Clean Power Association recently released its latest yearly figures for utility-scale battery energy storage system installations in the United States. The figures show a significant increase in installations, highlighting that last year, this number increased by more than 195% to 2.6GW. However, overall clean power installations also dropped by 3%, with installations in the fourth quarter in 2021 also declining by more than 30%. The utility-scale battery energy storage system capacity also quadrupled over the course of last year, with the trade body finding that the energy made up 2% of the nation’s total clean power capacity. More…

FridayFeb 25, 2022 1:44 pm

Are Precious Metals Royalty Agreements a Good Investment?

Some investors venture into the mining sector because of its high potential returns. What many aren’t aware of is precious metals royalties, which have high upside potential and long-term revenues. Precious metals royalties also often outperform other income investments, potentially making them a good investment. Royalties were created between mining firms and prospectors so prospectors could gain long-term revenue from the development of their discoveries. Gradually, royalty agreements became a funding mechanism that allowed mine operators to receive up-front funding for the development of mines in exchange for 1% to 3% of the lifetime revenue generated by the mine. Once…

ThursdayFeb 24, 2022 3:42 pm

Macron Announces New Policy for French Nuclear Sector

Last week, President Emmanuel Macron introduced a new energy policy for France, stating that the policy’s primary objective was to increase the country’s production capacity for carbon-free energy and decrease its energy consumption. Macron stated that the country needed to produce more carbon-free electricity in the coming decades because even if it decreased its consumption of energy by 40%, the exit from gas and oil in the short term implied that it would replace a portion of the fossil fuel consumption with electricity. This, he said, was why France needed to be able to produce at least 60% more electricity…

ThursdayFeb 24, 2022 9:15 am

With Bulls on the Side of Gold Trends, StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Charges Ahead with Greenstone Belt Drill Plans

Metals exploration and acquisition company StraightUp Resources has spent recent months optioning potential drill sites in the gold-producing region of Ontario’s famed Red Lake Mining District StraightUp conducted ground and airborne magnetic surveys last year to help guide its strategy for potential exploration, with results showing some “high merit” areas of potential mineralization The company has obtained the necessary permit for a summer drilling program on one of its five sites in Ontario’s well-known greenstone belt region in and around the Red Lake District Gold prices declined during the pandemic as many people held off on buying jewelry and turned…

WednesdayFeb 23, 2022 2:26 pm

US Government to Award $3 Billion in Grants to Support Battery Value Chain

Earlier this week, the U.S. Department of Energy awarded a limited breakdown for grants that would be used to improve battery production for the energy storage and electric vehicle markets. These grants, which total $2.9 billion, are among the few mentioned in the Bipartisan Infrastructure Deal. Funds will be allocated by the Office of Energy Efficiency and Renewable Energy under the Department of Energy and will be used to finance battery pack and cell recycling and manufacturing facilities and battery materials production and refining plants. The Office of Energy Efficiency and Renewable Energy has released two notices to issue announcements…

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