Fruit and vegetable allotments on the outskirts of Henley-on-Thames, England.
David Goddard | Getty Images News | Getty Images
From oranges and lemons grown in Spain to fish caught in the wilds of the Atlantic, many are spoiled for choice when it comes to picking the ingredients that go on our plate.
Yet, as concerns about the environment and sustainability mount, discussions about how — and where — we grow our food have become increasingly pressing.
Last month, the debate made headlines in the U.K. when the second part of The National Food Strategy, an independent review commissioned by the U.K. government, was released.
The wide-ranging report was headed up by restaurateur and entrepreneur Henry Dimbleby and mainly focused on England’s food system. It came to some sobering conclusions.
Its executive summary said the food we consume — and the way we produce it — was “doing terrible damage to our planet and to our health.”
The publication said the global food system was “the single biggest contributor to biodiversity loss, deforestation, drought, freshwater pollution and the collapse of aquatic wildlife.” It was also, the report claimed, “the second-biggest contributor to climate change, after the energy industry.”
Dimbleby’s report is one example of how the alarm is being sounded when it comes to food systems, a term the Food and Agriculture Organization of the UN says encompasses everything from production and processing to distribution, consumption and disposal.
According to the FAO, food systems consume 30% of the planet’s available energy. It adds that “modern food systems are heavily dependent on fossil fuels.”
All the above certainly provides food for thought. Below, CNBC’s Sustainable Future takes a look at some of the ideas and concepts that could change the way we think about agriculture.
Growing in cities
Around the world, a number of interesting ideas and techniques related to urban food production are beginning to gain traction and generate interest, albeit on a far smaller scale compared to more established methods.
Take hydroponics, which the Royal Horticultural Society describes as “the science of growing plants without using soil, by feeding them on mineral nutrient salts dissolved in water.”
In London, firms like Growing Underground are using LED technology and hydroponic systems to produce greens 33-meters below the surface. The company says its crops are grown throughout the year in a pesticide free, controlled environment using renewable energy.
With a focus on the “hyper-local”, Growing Underground claims its leaves “can be in your kitchen within 4 hours of being picked and packed.”
Another business attempting to make its mark in the sector is Crate to Plate, whose operations are centered around growing lettuces, herbs and leafy greens vertically. The process takes place in containers that are 40 feet long, 8 feet wide and 8.5 feet tall.
Like Growing Underground, Crate to Plate’s facilities are based in London and use hydroponics. A key idea behind the business is that, by growing vertically, space can be maximized and resource use minimized.
On the tech front, everything from humidity and temperature to water delivery and air flow is monitored and regulated. Speed is also crucial to the company’s business model.
“We aim to deliver everything that we harvest in under 24 hours,” Sebastien Sainsbury, the company’s CEO, told CNBC recently.
“The restaurants tend to get it within 12, the retailers get it within 18 and the home delivery is guaranteed within 24 hours,” he said, explaining that deliveries were made using electric vehicles. “All the energy that the farms consume is renewable.”
Grow your own
While there is a sense of excitement regarding the potential of tech-driven, soilless operations such as the ones above, there’s also an argument to be had for going back to basics.
In the U.K., where a large chunk of the population have been working from home due to the coronavirus pandemic, the popularity of allotments — pockets of land that are leased out and used to grow plants, fruits and vegetables — appears to have increased.
In September 2020 the Association for Public Service Excellence carried out an online survey of local authorities in the U.K. Among other things it asked respondents if, as a result of Covid-19, they had “experienced a noticeable increase in demand” for allotment plots. Nearly 90% said they had.
“This alone shows the public value and desire to reconnect with nature through the ownership of an allotment plot,” the APSE said. “It may also reflect the renewed interest in the public being more self-sustainable, using allotments to grow their own fruit and vegetables.”
In comments sent to CNBC via email, a spokesperson for the National Allotment Society said renting an allotment offered plot holders “the opportunity to take healthy exercise, relax, have contact with nature, and grow their own seasonal food.”
The NAS was of the belief that British allotments supported “public health, enhance social cohesion and could make a significant contribution to food security,” the spokesperson said.
A broad church
Nicole Kennard is a PhD researcher at the University of Sheffield’s Grantham Centre for Sustainable Futures.
In a phone interview with CNBC, she noted how the term “urban agriculture” could refer to everything from allotments and home gardens to community gardens and urban farms.
“Obviously, not all food is going to be produced by urban agriculture, but it can play a big role in feeding local communities,” she said.
There were other positives, too, including flood and heat mitigation. “It’s … all those benefits that come with having green spaces in general but then there’s the added plus, [which] is that you’re producing food for local consumption.”
On urban farming specifically, Kennard said it provided “the opportunity to make a localized food system” that could be supported by consumers.
“You can support farms that you know, farmers that you know, that are also doing things that contribute to your community,” she said, acknowledging that these types of relationships could also be forged with other types of farms.
Looking ahead
Discussions about how and where we produce food are set to continue for a long time to come as businesses, governments and citizens try to find ways to create a sustainable system that meets the needs of everyone.
It’s perhaps no surprise then that some of the topics covered above are starting to generate interest among the investment community.
Speaking to CNBC’s “Squawk Box Europe” in June, Morgan Stanley’s global head of sustainability research, Jessica Alsford, highlighted this shift.
“There’s certainly an argument for looking beyond the most obvious … ways to play the green theme, as you say, further down the value and the supply chain,” she said.
“I would say as well though, you need to remember that sustainability covers a number of different topics,” Alsford said. “And we’ve been getting a lot of questions from investors that want to branch out beyond the pure green theme and look at connected topics like the future of food, for example, or biodiversity.”
For Crate to Plate’s Sainsbury, knowledge sharing and collaboration will most likely have a big role to play going forward. In his interview with CNBC, he emphasized the importance of “coexisting with existing farming traditions.”
“Oddly enough, we’ve had farmers come and visit the site because farmers are quite interested in installing this kind of technology … in their farm yards … because it can supplement their income.”
“We’re not here to compete with farmers, take business away from farmers. We want to supplement what farmers grow.”
Arevon Energy has kicked off operations at Vikings Solar-plus-Storage – one of the US’s first utility-scale solar peaker plants.
The $529 million project in Imperial County, California, near Holtville, features 157 megawatts of solar power paired with 150 megawatts/600 megawatt hours of battery storage.
Vikings Solar-plus-Storage is designed to take cheap daytime solar power and store it for use during more expensive peak demand times, like late afternoons and evenings. The battery storage system can quickly respond to changes in demand, helping tackle critical grid needs.
Vikings leverages provisions in the Inflation Reduction Act that support affordable clean energy, strengthen grid resilience, boost US manufacturing, and create good jobs.
The Vikings project has already brought significant benefits to the local area. It employed over 170 people during construction, many local workers, and boosted nearby businesses like restaurants, hotels, and stores. On top of that, Vikings will pay out more than $17 million to local governments over its lifespan.
“Vikings’ advanced design sets the standard for safe and reliable solar-plus-storage configurations,” said Arevon CEO Kevin Smith. “The project incorporates solar panels, trackers, and batteries that showcase the growing strength of US renewable energy manufacturing.”
The project includes Tesla Megapack battery systems made in California, First Solar’s thin-film solar panels, and smart solar trackers from Nextracker. San Diego-based SOLV Energy handled the engineering, procurement, and construction work.
San Diego Community Power (SDCP) will buy the energy from the Vikings project under a long-term deal, helping power nearly 1 million customer accounts. SDCP and Arevon have also signed an agreement for the 200 MW Avocet Energy Storage Project in Carson, California, which will start construction in early 2025.
Vikings is named after the Holtville High School mascot, and Arevon is giving back to the local community by funding scholarships for deserving Holtville High students.
Arevon is a major renewable energy developer across the US and a key player in California, with nearly 2,500 MW in operation and more than 1,250 MW under construction.
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China’s EV giant BYD is aggressively expanding overseas. As it finalizes plans for yet another EV manufacturing plant, this time in Cambodia, BYD will set up shop next to newly opened Ford and Toyota facilities.
BYD’s impressive growth streak is not slowing down. In October, BYD sold over 500,000 new energy vehicles (NEVs), its fifth straight record sales month and the first time it has crossed the half-million mark in a single month.
With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth.
After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market.
According to Khmer Times, BYD is nearing a deal to establish a new EV manufacturing plant in Cambodia. Prime Minister Hun Manet said on Wednesday that the Council for the Development of Cambodia (CDC) is in the final stage of negotiations with BYD to build a new electric vehicle facility in the region.
“We may be aware that BYD is a giant Chinese company specialising in EV production, comparable to Tesla, the largest EV manufacturer in the United States,” Mr Hun Manet said at the event.
BYD closes in on deal for a new EV plant in Cambodia
BYD will follow Toyota, which opened an assembly plant in Cambodia in May, and Ford’s first assembly plant in the region, which opened in June 2022.
Cambodia’s prime minister stressed the importance of attracting new investments. With geopolitical tensions rising, many companies are looking to new locations.
Southeast Asia is expected to become a major electric vehicle hub. The Cambodian government unveiled plans earlier this year to raise automotive and electronics exports to over $2 billion while creating more than 22,000 new jobs.
BYD opening a new EV plant would be “excellent news” for Cambodia, Natharoun Ngo Son, Country Director of EnergyLab, told Khmer Times.
An EV manufacturing plant will “provide an excellent opportunity to reskill or upskill the Cambodian workforce” for new higher-paying jobs. EnergyLab is launching a new skills development program early next year to prepare the Cambodian workforce for the auto industry’s shift to EVs.
The news comes after BYD launched its first electric pickup, the Shark PHEV (BYD Shark 6), in Cambodia last month.
BYD is also planning to open EV plants in Mexico, Brazil, Pakistan, Hungary, and Turkey as it competes with Ford and Toyota in the global auto market.
Electrek’s Take
According to a recent Bloomberg report, BYD is quickly catching up to Ford in global deliveries. BYD outsold Ford in the third quarter by around 40,000 units.
While Ford is cutting more jobs in Europe as part of its restructuring, BYD has been on a major hiring spree as it ramps up production to meet the higher demand.
BYD is known for its low-cost EV models, like the Seagull, Dolphin, and Atto 3, but the Chinese auto giant is expanding into pickup trucks, midsize smart SUVs, and luxury EVs.
Ford is well aware of BYD’s rise in the global auto ranks. CEO Jim Farley has warned rivals in the past about losing significant revenue if they cannot keep up with China. Farley said he was shocked by the advanced tech he saw after a trip to China in early 2023.
Although Ford is shifting gears to focus on smaller, lower-cost EVs, it may be too little too late. Ford is developing what’s promised to be one of the most efficient EV platforms in California, but its first model based on it, a midsize electric pickup, isn’t due out until 2027.
Will BYD overtake Ford in the global auto ranks? Let us know what you think in the comments below.
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Researchers at Canada’s University of Waterloo have developed a new lithium-ion EV battery design that can charge from zero to 80% in just 15 minutes and has a longer lifespan.
The new design also allows batteries to handle up to 800 charging cycles, significantly increasing their lifespan.
Yverick Rangom, a professor in Waterloo’s Department of Chemical Engineering, said, “If we can make batteries smaller, charge faster, and last longer, we reduce the overall cost of the vehicle. That makes EVs a viable option for more people, including those who don’t have home charging stations or who live in apartments. It would also increase the value of second-hand EVs, making electric transportation more accessible.”
The secret sauce here is in the anode, which traditionally relies on graphite. The researchers designed a method to fuse graphite particles together to improve conductivity. This tweak enables lithium ions to move fast without causing typical degradation or safety hazards associated with fast charging.
What’s cool is that they didn’t reinvent the wheel in terms of materials; the team worked with the same lithium-ion components already used in EV batteries today.
“We’re just finding a better way to arrange the particles and providing new functions to the binders that hold them together such as state-of the-art electron, ion, and heat transfer properties,” explained Michael Pope, co-lead of the research and professor at Waterloo’s Ontario Battery and Electrochemistry Research Centre. “This approach ensures that the technology can be scalable and implemented using current production lines, offering a low-cost solution to battery manufacturers.”
The next step? The research team is optimizing the manufacturing process and putting prototypes to the test to gauge industry interest. The goal is to make sure this new battery design isn’t just effective – it has to be scalable and ready for widespread industry adoption.
“It’s crucial that it can be implemented within the existing infrastructure for both battery production and charging stations,” added Rangom, lead researcher for the Battery Workforce Challenge.
The University of Waterloo researchers’ findings are published in the journal Advanced Science.
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