BP, Shell and Total say their global reach and vast trading operations give them an edge in supplying wind and solar power as companies seek to go green and take a more international approach to sourcing power.
The most substantial federal investment in green technology in a decade includes billions for solar, wind, battery storage and carbon capture. Congress also agreed to cut the use of HFCs, chemicals used in refrigeration that are driving global warming.
Driven by technological advances, facilities are being built with storage systems that can hold enough renewable energy to power hundreds of thousands of homes. The advent of “big battery” technology addresses a key challenge for green energy — the intermittency of wind and solar.