New Ventures

The Genovation Cars G2 concept plug-in electric hybrid vehicle model during aerodynamics testing at the Glenn L. Martin Wind Tunnel at University of Maryland in College Park, Maryland, January 26, 2012.

The Electric Power Research Institute (EPRI) describes its new technology as a 2.4 kilovolt, 45kVA (45,000 volt amps for the less technical among us) solid-state, direct current (DC) fast charging system for electric vehicles (EVs). Keep reading →


The cellulosic ethanol and advanced biofuels industry is on the cusp of a major increase in scale that will prove critics of the effort to increase biofuels production in the US wrong, this rousing defense of the industry from the Advanced Biofuels Association claims.

“We know we have a technology,” says BP Biofuels North America President Sue Ellerbusch in this video, claiming the business is “right on the cusp of ‘told you so.’ Keep reading →

Duke Energy and China Huaneng Group Expand Cooperation to Develop Carbon Capture and Sequestration Technologies – http://prn.to/wSyPlB DukeEnergy


The United States has taken an important step toward efficiently meeting the country’s rising electricity demand by ensuring a greater supply of clean, safe nuclear power.

With plans in place in Georgia for the construction of the next generation of nuclear energy facilities, this industry expansion will promote economic prosperity and continued development of a sustainable clean energy source. We need a cost-efficient, low-carbon solution to the nation’s increasing electricity demand- projected to rise 24 percent by 2035. Expanding nuclear energy as part of the mix of electricity generation options is necessary to meeting our nation’s growing power needs cleanly and cost-effectively. Keep reading →


Growth in California’s solar market will be driven by demand for wholesale distributed generation, as utilities shift away from central power stations to rooftop installations of one megawatt or less, said the executive director of a leading clean power consultancy.

Craig Lewis from the Clean Coalition told the PHOTON Solar Electric Utility Conference in San Francisco that he had been advising the California governor on his 20 GW of additional renewables by 2020. Lewis compared installation rates between California and Germany: in 2011 Germans installed an additional 7.5 GW and while California added around 40 0MW. Last year, the US had an installed solar capacity of 3 GW, versus 18 GW in Germany. Keep reading →


Presidents don’t usually cut ribbons at gas station openings, but the January opening of a liquefied natural gas (LNG) truck refueling stop on the busy I-15 corridor in Las Vegas was different enough to draw President Obama.

The station was the final one needed so LNG-powered semis could make the run from the port of Los Angeles all the way to Salt Lake City. Instead of diesel made from imported crude, Obama said, the trucks can be fueled with domestic natural gas. Keep reading →


Nancy Floyd is the founder and managing director at Nth Power, a venture capital firm established specifically to invest in clean energy startups.

Solar, energy efficiency, smart grid and advanced transportation all feature in Nth Power’s portfolio. Keep reading →


Nancy Floyd is the founder and managing director at Nth Power, a venture capital firm established specifically to invest in clean energy startups. Floyd began her career as the first professional recruitment of a woman at the Vermont Public Utilities Commission. In 1982, Floyd founded NFC Energy Corporation, which developed over $30 million in wind projects and sold the company, generating a 25-fold return within three years. She then went on to help found a telecoms company, which was sold to IBM in 1987.

Nth Power now has $430 million under management and successfully exited investments through nine M&As and four IPOs since the firm started investing in 1997. Keep reading →


Scientists working to tackle our energy challenges at the US Department of Energy’s Pacific Northwest National Laboratory in Richland, Washington, just got a powerful new weapon. While there’s no cape, the Olympus supercomputer does sport some superhero-like powers. It can’t fly, but it could perhaps help scientists figure out how with its ability to process computations as fast as 20,000 personal computers combined.

The supercomputer’s enormous disk bandwith – 80 gigabytes per second – allows it to read and write information to a disk 800 times faster than a personal computer, and it can hold 38.7 terabytes of memory. If you’re like us and were a little fuzzy on the prefix “tera,” it means 10 to the 12th power. So 38.7 terabytes is almost 39 trillion bytes. You get the picture; this is a very powerful computer combining with some very bright minds. Keep reading →


Could New York City’s rivers power its famous lights?

A new tidal energy project located in New York City’s East River has the potential to create electricity that would be one of the first commercial installations of “hydrokinetic” projects in the US. The wave and tidal energy business, which is still in early stages of development, has been divided between large-scale installations and a focus on cheaply-deployed units that could be more easily installed to take advantage of the natural movement of waves and tides. Keep reading →

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