TerraPraxis and Microsoft enter a strategic collaboration to repower coal-fired power plants with advanced heat sources across the globe. “Microsoft can help TerraPraxis accelerate the benefits that repowering can bring to each community, whilst simultaneously initiating hundreds of projects by leveraging your unparalleled digital capability, and the scale of your global market presence” said Kirsty Gogan, TerraPraxis Founder.
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Climate change is an energy problem. We only have 28 years to replace fossil fuels and double our overall energy supply. Our programs could accelerate the reduction of global carbon emissions by repurposing trillions of dollars of existing infrastructure to supply clean, affordable, and reliable energy to billions of people. As you reflect on our 2021 Annual Review, we hope you will be as energized as we are by our success in mobilizing a broad coalition of public and private sector leaders and building momentum for innovative climate solutions.
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VOX—TerraPraxis has been listed among seven of the most high-impact, cost-effective, evidence-based organizations fighting climate change. Why Johannes Ackva and Luisa Sandkühler of Founders Pledge recommend TerraPraxis: “We believe that TerraPraxis continues to do incredibly important work around shaping a conversation for advanced nuclear to address critical decarbonization challenges, such as the decarbonization of hard-to-decarbonize sectors and the conundrum of how to deal with lots of very new coal plants that are unlikely to be prematurely retired.”
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This ambitious project will design a process to repower the world's coal fleets via a fast, repeatable system resulting in carbon negative power plants that are cheaper to operate than before and ensure continuity for communities reliant on these plants for energy and jobs.
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Our report reveals how untapped options for clean hydrogen can put the world back on the pathway to the Paris climate goals—if sufficient, low-cost, clean hydrogen is produced to replace oil and gas in shipping, aviation and industry. The amount of hydrogen required is far more than can be produced with renewables alone, but anew generation of advanced modular reactors could produce enough climate-neutral fuel to displace the 100 million barrels of oil that are currently consumed around the world each day.
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This report by LucidCatalyst shows how nuclear energy helps meet all 17 of the United Nations Sustainable Development Goals. No other electricity generation technology can match this diversity of beneficial impacts. The report argues that the priority for preventing irreversible climate change is decarbonisation, not the creation of energy systems which are 100% dependent on renewables. It is critical to take a whole system approach to the energy transition and for evidence-based decision making. In the context of the increasing urgency to replace fossil fuels, the range of low carbon options must include nuclear.
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