Ohio announces financing help for energy upgrades
Treasurer Kevin Boyce said that the Energy Conservation for Ohioans program would provide 3 percent interest rate reductions when homeowners make energy efficiency improvements or install solar panels.
Participating banks include KeyBank as well as community banks such as First National Bank of Bellevue.
Boyce says the interest rate reduction will increase the value of homes and supplement federal tax credits already available for energy improvements.
He also says the program would mean more projects for the energy industry and possibly create jobs.
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UK must start construction of large-scale storage or fail to meet net zero targets.
LONDON - The U.K. government must kick-start the construction of large-scale hydrogen storage facilities if it is to meet its pledge that all electricity will come from low carbon sources by 2035 and reach legally binding net zero targets by 2050, according to a report by the Royal Society.
The report, "Large-scale electricity storage," published Sep. 8, examines a wide variety of ways to store surplus wind and solar generated electricity—including green hydrogen, advanced compressed air energy storage (ACAES), ammonia, and heat—which will be needed when Great Britain's supply is dominated by volatile wind and solar power.
It concludes that large scale…
