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renewable

Meta to offset use of NFTs by ‘purchasing renewable energy’

Non-fungible tokens (NFTs) come with a substantial carbon footprint. And while NFTs are yet another hot new trend that Meta seems eager to jump on, the technology conglomerate has apparently tempered its zeal with valid concerns about sustainability and its recent entrance into the world of digital assets. On Tuesday, Meta issued a statement that offered a closer look at how NFTs will be incorporated into its photo and video sharing platform, Instagram. But amid all of the colorful screenshots of its limited-release…

India Needs New Ways to Use Renewable Energy for Battery Storage

India is at the cusp of the electric vehicle (EV) revolution and the country now needs innovative ways to use renewable energy for battery storage, Union Road Transport and Highways Minister Nitin Gadkari has said. The battery technology will be in high demand by 2030, bolstering the ‘Make in India’ initiative.“In the next five years, it is expected that all vehicles will be electric. I encourage everyone involved in the electric vehicle business to work together for the betterment of the country by developing innovative…

This company wants to use carbon dioxide to store renewable power on the grid

Compressing gases to store energy isn’t new: for decades, a few facilities around the world have been pumping air into huge underground caverns under pressure and then using it to generate electricity in a natural gas power plant. But Energy Dome turned to carbon dioxide because of its physics. Carbon dioxide, when squeezed to high enough pressures, turns into a liquid, which air doesn’t do unless cooled down to ultra-low temperatures. The liquid carbon dioxide can fit into smaller steel tanks close to where renewable…