POV: Power Breakfast

Power Breakfast for Apr. 20, 2016

U.S. Senate passes energy bill; Dyson to invest £1 billion in battery technology


POV: Power Breakfast

A nearly daily update of energy-related news:

  • This morning, the U.S. Senate passed a wide-ranging bill (by 85-12) to modernize the country’s energy policy. The bill attempts to modernize the power grid, spur innovations in energy storage and speed the permitting process for LNG exports. It is the first energy bill in the Senate to be passed in nine years.
  • Dyson Ltd, a British technology company that designs and manufactures vacuum cleaners, hand dryers, bladeless fans, and heaters, plans to invest £1 billion in battery technology over the next five years. This news follows the announcement made in October 2015 when the company acquired a solid-state battery company, Sakti3, for $90 million. The battery will be used in the company’s electric vehicle which it is said to be developing.
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