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MIT Energy Initiative announces 2014 seed grant awards

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The MIT Energy Initiative (MITEI) announced its latest round of seed grants to support early-stage innovative energy projects. Past themes have included topics as diverse as the role of big data and the energy-water nexus. A total of more than $1.6 million was awarded to 11 projects, each lasting up to two years.

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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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The new report, part of the World Energy Outlook (WEO) 2011 series, examines the key factors that could result in a more prominent role for natural gas in the global energy mix, and the implications for other fuels, energy security and climate change. MIT: The Future of Natural Gas. Source: IEA. Click to enlarge. Earlier post.)

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The study found that there are significant global supplies of conventional gas.

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Thermoelectric startup GMZ Energy secures $14M in Series C funding

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The new investment was led by Mitsui Ventures and includes I2BF Global Ventures, Energy Technology Ventures (a joint venture of GE, NRG Energy and ConocoPhillips), Kleiner Perkins Caufield & Byers and BP Alternative Energy. This increases each solar water system’s value with minimal cost and accelerates the payback to customers.

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This lithium-free battery startup just raised $78M in Series C funding

Baua Electric

Tata Limited (a wholly owned subsidiary of Tata Sons) and General Catalyst, a global venture capital firm, jointly led the funding round. Read more: US battery storage smashes deployment records in Q4 2023 To limit power outages and make your home more resilient, consider going solar with a battery storage system. Get started here. –

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Sun Catalytix Completes $9.5M Series B Round; Round Led by Tata Limited

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Sun Catalytix is developing catalysts that use intermittent renewable energy, including solar and wind energy, to split water into storable hydrogen and oxygen—a process that mimics photosynthesis. —MIT Professor and Sun Catalytix Founder Daniel Nocera.

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China Says It's Closing in on Thorium Nuclear Reactor

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MSRs are attractive for arid regions because instead of the water used by conventional uranium reactors, MSRs use molten fluoride salts to cool their cores. concentrated solar power plants that store heat via molten salts. "So Yet China leads global MSR research, according to the. Thorium MSRs have the advantage of.