*Late-breaking news*
Northvolt raises $2.75 billion in equity to deploy further battery cell capacity – expands Swedish gigafactory to 60 GWh
The UK is facing the shutdown of all of its advanced gas-cooled reactors (AGRs) this decade. The first of those — Dungeness B — is to be ‘defuelled’ immediately, drawing a line under a major atomic infrastructure project that fell well short of its promise of cheap, reliable and abundant clean power. The parallels with Britain’s current problematic nuclear renaissance are hard to ignore.
And, an innovative Australian solar-plus-storage technology has lured some big-name investors on the promise of dispatchable round-the-clock solar power.
Those are the lead stories in today’s edition of Energy Flux, which looks like this:
💥EDF calls time on UK’s costly AGR nuclear odyssey
💥Chevron takes a punt on solar-plus-storage tech
⚡Transition lines – Decarbonisation stories you need to read
🧠Energised minds – Critical thinking on crucial energy issues