March 14 Energy News

March 14, 2015

Opinion:

¶ “US Transportation System Could Save $1 Trillion Annually, Reduce Carbon Emissions By 1 Gigaton” – In the United States each year, our cars alone cost us well over $1 trillion, to which the indirect societal cost adds another $2 trillion. Cars burn about 2 billion barrels of oil, producing a quarter of all US emissions. [CleanTechnica]

Science and Technology:

¶ The International Energy Agency announced Friday that energy-related CO2 emissions last year were unchanged from the year before, totaling 32.3 billion metric tons of CO2 in both 2013 and 2014. It shows that efforts to reduce emissions to combat climate change may be more effective than previously thought. [Climate Central]

World:

¶ According to the new report from BCC Research, the global wind energy market was worth $130 billion in 2013 and $165.5 billion in 2014. The market is expected to grow at a compound annual growth rate of 7.2% between 2015 and 2020 resulting in $176.2 billion in 2015 and $250 billion in 2020. [Bihar Prabha]

Wind Energy has a strong potential in Asia-Pacific

Wind Energy has a strong potential in Asia-Pacific

¶ GE is to invest $200 million in a manufacturing, engineering, services and training center in Egypt that will focus on sectors including renewables. The Suez facility will serve Egypt and the region, and provide a shared center of excellence on process, capability and human capital aimed at driving economies of scale. [reNews]

¶ A renewable power company is getting ready to take delivery of the world’s biggest and most powerful tidal turbine – about the same size as a WWII submarine – for its sea-trials off Orkney this summer. The turbine is being built for Scotrenewables Tidal Power at the same shipyard that built the Titanic. [Green Building Press]

A smaller prototype version of the turbine

A smaller prototype version of the turbine

US:

¶ A new report published by the US DOE seeks to develop a new “Wind Vision,” which aims to document the contributions wind has made to date, and the continuing and growing contributions it can make to the country’s national energy portfolio. The report has projections for 2020, 2030, and 2050. [CleanTechnica]

¶ NRG is the biggest privately owned centralized generator in the US, with large nuclear, coal and gas assets in a 50-GW portfolio that nearly matches the size of Australia’s entire electricity grid. Its CEO foresees a “tsunami” of closing polluting coal plants and uncompetitive nuclear, replaced by renewables. [CleanTechnica]

¶ In the 10 years of Montana’s Renewable Portfolio Standard, 60% of its new capacity has been wind powered. The 688 MW of wind energy development has brought $1.4 billion in economic investment, over $2 million in annual lease payment to landowners, and hundreds of jobs, without raising rates. [The Bozeman Daily Chronicle]

¶ Michigan must set attainable energy goals and look towards renewable energy sources to keep energy prices down and avoid widespread outages, Governor Rick Snyder said in a special message on energy. The state’s new goal is to get 30% to 40% of its energy from renewable sources and reduced waste by 2025. [Daily Detroit]

¶ Plans for a hydroelectric pumped-storage facility east of Klamath Falls, Oregon, have been scaled back, but are still moving forward, according to project managers. As a result of an economic study, the Swan Lake North pumped-storage facility’s price tag has been cut from $1.2 billion to $600 million. [Herald and News]

a1 pumped storage

¶ Solar energy has taken a back seat to shale gas in Pennsylvania in recent years. But it’s getting renewed attention, thanks to a proposal from Governor Tom Wolf and new legislation aimed at funding the lapsed Pennsylvania Sunshine Solar, a rebate program for homeowners and small businesses. [StateImpact Pennsylvania]

¶ Dow Chemical Company has signed a long-term agreement with a wind farm under development in Texas. The farm will power Dow’s Freeport Texas Manufacturing plant. It will span 35,000 acres and produce enough electricity to power more than 55,000 homes. It is being developed by Bordas Wind Energy. [Chem.Info]

¶ Lawmakers from at least four states have introduced model legislation from the right-wing group Americans for Prosperity seeking to prohibit state funding for the EPA’s efforts to fight climate change. Nearly identical resolutions have been introduced in Missouri, Florida, Virginia, and South Carolina in 2015. [ThinkProgress]

¶ A report concludes that shaking from a powerful earthquake could exceed the design of California’s Diablo Canyon nuclear power plant, but the report claims the reactors are safe because components were built with more than enough strength to withstand the potential stress and no equipment would be at risk. [Manteca Bulletin]

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