December 29 Energy News

December 29, 2014

Opinion:

¶ “The Grid Reliability Myth” On August 1, 2011, a heat wave had Texas over 100 degrees for 40 days. Traditional power plants failed in ways that illustrated their vulnerability. Power prices went to unreal levels. Solar and wind may be intermittent, but a grid powered by coal, gas, and nuclear is not reliable. [Huffington Post]

World:

¶ Toshiba and its perhaps not as well known co-patriate IHI have been tapped to pilot a new ocean energy project that will deploy a phalanx of underwater turbines that float like kites. The project demonstrates once again how legacy companies are transitioning to new clean tech. [CleanTechnica]

¶ Financial analysts warn that the fossil fuel industry faces “a perfect storm.” Oil prices have crashed. Demand is dropping. New regulations aim at cutting GHG emissions, and renewable forms of energy are growing worldwide. Now investors, large and small, are increasingly heeding the warnings. [RTCC]

¶ The Turkish government is planning to build its first nuclear power plant in cooperation with Russian company Rosatom. A controversial environmental impact report was recently accepted by the Turkish environment ministry. Construction is set to start from mid-2015, despite opposition. [Deutsche Welle]

¶ The government of Pakistan is taking measures to speed up development of alternative and renewable energy to diversify its energy mix and ensure energy security and sustainable development. The Alternative Energy Development Board has been mandated to act as a central agency. [Business Recorder]

¶ The traditionally conservative and closed African mining industry is beginning to discover the advantages of renewable energy. Some experts see a boom in joining the two industries for 2015. Renewable investment by African mines expected to be between $600 million and $1.1 billion by 2016. [AFKInsider]

¶ The Indian government has a goal of providing electricity to all in the next three years. To do that, it plans to doubling electric generation by 2019, with a focus on renewables, whose output will be multiplied by five. Even so, the plan requires for doubling production of coal from India’s mines. [SME Times]

¶ Nanyang Technological University signed an agreement with Alstom to develop a system for microgrid management. The system will manage and integrate power from multiple sources, including solar, wind, tidal, diesel, and various energy storage and power-to-gas solutions. [Asian Scientist Magazine]

US:

¶ The New York Public Service Commission approved Con Ed’s Brooklyn-Queens Demand Management Program. The plan calls for replacing about $1 billion to upgrade two substations, which the utility says it would need to do by 2018, with less expensive distributed alternatives. [Energy Collective]

¶ Workers at Vermont Yankee are beginning the process of powering down the four-plus-decades-old, single-reactor nuclear power plant — a routine procedure by and large. But this time, the plant will not be brought back online. Not tomorrow, not next week. Never. Let that sink in. [The Keene Sentinel]

 

 

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