“The trend of big-tech billionaires of Silicon Valley investing in next-generation nuclear energy startup companies continues. In a March 22 article on the Bloomberg website, Lizette Chapman, of the site’s venture capital group, writes that these investors view nuclear power as “a solution to both cutting carbon emissions and weaning the world off now-controversial Russian gas.”
According to the article, venture funding for startups focusing on nuclear energy reached a peak in 2021, with an investment amount that year of $3.4 billion. That amount compares with $381 million in 2020 and only $131 million back in 2012.”
Source: More big-tech billionaires backing next-gen nuclear startups — ANS / Nuclear Newswire
Sign up for the Russia-Ukraine War Briefing. Every evening, we’ll send you a summary of the day’s biggest news. Get it sent to your inbox.
“Just months ago, Germany’s plans to build a terminal for receiving shiploads of liquefied natural gas were in disarray. Would-be developers were not convinced customers would make enough use of a facility that can cost billions of dollars. And concerns about climate change undermined the future of a fossil fuel like natural gas.
Perceptions have changed. After Russia’s invasion of Ukraine and the Kremlin’s threats to sever fuel supplies, the government in Berlin has decided it needs these massive facilities — as many as four of them — to wean the country off Russian gas and act as a lifeline in case Moscow turns off the taps. The cost to the taxpayer now seems to be a secondary consideration.”
. . . . Who can do this
“There are a few factors to think about when you’re picking a smart thermostat (we go over them in-depth in our guide to the best smart thermostat), but the first is whether the particulars of your home, and your existing climate-control system, are even compatible with a given model. In general, if you have central air, a Nest or Ecobee model is likely to be compatible—you can confirm in advance on the Nest and Ecobee sites—and the same is true of forced-air heating. Hot-water hydronic and steam heating systems may require additional wiring or the use of an adapter, which is typically DIY-able. Electrical heating typically includes a thermostat in each location already.”