Canadian Hydro ends offshore prospect agreement
Wasatch is a private U.S.-based renewable energy company. Terms of the Agreement remain confidential.
On October 23, TransAlta Corporation's acquired approximately 87 per cent of the outstanding common shares of Canadian Hydro. Canadian Hydro now believes that based on the growth opportunities available, off shore wind is not a priority at this time.
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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…
