Carbon TerraVault 1, which should begin injection this spring in Kern County, is the first project to secure U.S. Environmental Protection Agency (EPA) permits for carbon dioxide injection and storage in the played-out oil and gas reservoirs in that region.
In fact, the latest annual outlook by the Solar Energy Industries Association indicates that stationary battery storage installation achieved yet another record year in 2025. Battery energy stationary storage (BESS) surpassed 28 GW of new installations in 2025, 28% higher than 2024.
U.S. geothermal electric power generation company Geothermal Core is partnering with Iceland-based GEG to develop a utility-scale, geothermal power plant. The firms are currently identifying suitable project sites near Houston to deploy their first one
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Europe and the U.S. are advancing next-generation nuclear technologies, including SMRs, with significant government backing, aiming to provide carbon-free baseload power and support emerging industries like data centers and hydrogen production.