[New Zealand plans to invest NZ$15.7 billion in Lak Onslow energy storage project] The New Zealand government has announced the estimated cost of the Lake Onslow pumped storage scheme and a multi-technology alternative. The Government will move forward with the next phase of the New Zealand Power Storage Project, looking at the feasibility of pumped storage hydropower and alternative multi-technology approaches to create a resilient, affordable, secure and decarbonized energy system in New Zealand. The New Zealand Electricity Storage Project was set up to find a solution to the "dry year problem", when the lakes that feed the hydroelectric plants get low, causing more fossil fuels to be burned to make up for power shortages and often higher electricity bills . New Zealand's Ministry of Business, Innovation and Employment said, "This climate change initiative is investigating the ability of pumped hydro storage and alternative technologies to address New Zealand's electricity problems in dry years."Editor/Xu Shengpeng

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• 2024.04.18 17:37
• [Vale achieves 100% renewable energy in Brazil]
• Brazilian mining giant Vale disclosed on the 15th local time that by 2023, all of its electricity in Brazil will come from renewable energy sources, such as hydro, wind and solar energy, and Vale has reached its goal of "achieving 100% renewable energy supply in Brazil" two years ahead of schedule. Vale's latest Comprehensive Report 2023 says that with this goal, Vale has eliminated all indirect greenhouse gas emissions generated by the company in Brazil. The company is still faced with the challenge of achieving 100 percent renewable energy supply worldwide by 2030, which is now 88.5 percent achieved. "This is an important milestone in Vale's decarbonisation strategy, which aims to reduce direct and indirect CO2 emissions by 33% by 2030 and achieve net zero emissions by 2050." Ludmila Nascimento, Director of Energy and Decarbonization at Vale, said that Vale is committed to helping Brazil develop clean energy and contribute to society's response to climate change. Editor/Xu Shengpeng

• 2024.04.18 17:37
• [Kazakhstan has signed a deal with Russia to build seral coal-fired power plants]
• Kazakhstan has signed an intergovernmental agreement with Russia to build coal-fired power plants in three Kazakh capitals, according to the press service of the Ministry of Energy. "The Ministry of Energy of Kazakhstan and the Ministry of Energy of the Russian Federation signed a cooperation agreement on the construction of coal-fired power plant projects in the cities of Kirkshetak, Semyi and Ustykamenogorsk," the press release said. "Considering the abundant thermal coal reserves, the implementation of coal-fired power plant projects in the three capitals will be a strong driver of urban development," Kazakh Energy Minister Almazadem Satkaliyev said. Editor/Xu Shengpeng