JP Morgan goes green and other trending stories of the week

09 AUGUST 2017
38
Energy Transition

We look at the UK’s plans to ban diesel and petrol cars by 2040, JP Morgan going green, the world’s first floating wind farm and Google’s salt play.

Here are some of the top trending energy stories from the past week:

  • The latest country to announce fuel ban plans: UK
The UK government announced plans to ban new diesel and petrol cars by 2040: https://www.theverge.com/2017/7/26/16031214/uk-diesel-petrol-car-ban-clean-air
  • The world’s largest clean financing commitment from a global financial institution was announced

@jpmorgan announced plans to facilitate US$200 billion in clean financing through 2025. They are also aiming to have renewable energy provide 100% of their global energy needs by 2020: https://www.jpmorganchase.com/corporate/Corporate-Responsibility/environment.htm

  • The world’s first floating wind farm set sail for its destination off the coast of Scotland
The joint project between @Statoil and @Masdar is a revolutionary technology that will allow for wind turbines to operate in deep waters where conventional turbines cannot: https://www.bbc.com/news/business-40699979
  • Salt storage is heating up

Bloomberg reported that Google’s famed X skunk works team is evaluating grid-scale energy storage via salt technology

We look forward to convening discussions on these topics and more at ADSW2018 in January.