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CleanTechnica•3 months ago

•Altitude has secured over 305,000 tonnes of biochar-based Carbon Removal Credits (CORCs) from Empacar S.A. in Bolivia.
•This transaction pushes Altitude's total financed CDRs past 1 million tonnes, signaling a rapidly expanding market for verifiable carbon removal solutions.
•The deal highlights increasing corporate demand for long-term carbon removal offtakes, creating new revenue streams for developers of biochar and other CDR projects.

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Utility Dive•3 months ago

•Overall U.S. generation declined by 0.7% year-over-year in January, yet electricity prices surged by 9.5% year-over-year, indicating a tightening market or increased cost pressures.
•Regional generation trends varied significantly: the Northeast saw an 8.2% increase due to cooler temperatures, while most other regions, particularly the West, experienced warmer-than-average weather, likely impacting local demand.
•The notable price increase despite a slight generation dip and reduced demand in many areas highlights potential grid stress, higher marginal generation costs, or market inefficiencies that directly impact large power consumers and project economics.

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Utility Dive

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