January 20 Energy News

January 20, 2016

Opinion:

Why An Overflowing Oil Supply Won’t Drown Renewable Energy
Growth
• Conventional wisdom posits that continuously cheap oil also poses a threat to the development of renewable energy. But for the most part, oil doesn’t compete with renewables, which are still growing in the face of cheap oil. [Huffington Post]

 A barrel lies in a pool of oil at a damaged petroleum plant after an earthquake in Indonesia. Spencer Platt via Getty Images


A barrel lies in a pool of oil at a damaged petroleum plant after an earthquake in Indonesia. Spencer Platt via Getty Images

Science and Technology:

¶ The cost of storing energy in batteries could fall by as much as 70% over the next 15 years as new solar battery technology and other technical advances drive prices down, the World Energy Council said. Grid-scale electricity storage would make the variable supply of renewable sources more flexible. [Times of India]

¶ Carbon capture and sequestration is expensive because each step, capture, distribution, and sequestration, is expensive. According to an organization which promotes carbon capture and sequestration, it will cost $120-$140 per ton of CO2. This means 16.8¢/kWh to 19.6¢/kWh extra for electricity. [CleanTechnica]

World:

¶ The door is beginning to close on growth markets for small-scale diesel, as the cost of renewable energy has dropped to the point where it meets, and often beats, diesel on both price and performance. IRENA has just announced a new $46 million round of new funding for renewable energy projects. [CleanTechnica]

Solar installation at Vanuatu via IRENA.

Solar installation at Vanuatu via IRENA.

¶ According to analytics company IHS, battery cost reductions, government funding programs, and utility tenders all contributed to a 45% increase in the global energy storage pipeline in the fourth quarter of 2015. The analysis also says the pipeline of planned battery projects and flywheel projects reaches 1.6 GW. [CleanTechnica]

¶ If Saudi Arabia and the five other Gulf Cooperation Council members make good on renewable energy targets, that would keep 400 million barrels of oil in the desert in 2030. They would benefit by preserving vital water stocks and using solar potentials, the International Renewable Energy Agency says. [Climate Home]

Shams 100-MW concentrated solar plant in Abu Dhabi, UAE (Flickr/ Masdar Official)

Shams 100-MW concentrated solar plant in Abu Dhabi, UAE (Flickr/ Masdar Official)

¶ China’s emissions of carbon dioxide produced as a result of using coal for electricity generation probably fell 2% in 2015, as a push by the world’s most populous nation to tackle climate change resulted in less of the fuel being burned. Carbon emissions were reduced by 144.9 million metric tons. [Bloomberg]

¶ Russian government officials are revisiting an idea that was all but junked by President Vladimir Putin in 2010: the notion that renewable energy could be profitable business for the country. A Deputy Energy Minister announced a goal of increasing Russia’s reliance on renewables by 10 times by 2035. [Bellona]

The Mikhail Ulyanov Tanker docks with the Prirazlomnaya platform to onload oil. (Photo: Gazprom)

The Mikhail Ulyanov Tanker docks with the Prirazlomnaya platform to onload oil. (Photo: Gazprom)

US:

¶ Green Mountain Power announced today the year-end operational results for Kingdom Community Wind in Lowell. In 2015, the 21-turbine project generated enough electricity to power 26,700 homes for a year. That’s an increase of 7% over the previous year or enough energy to power an additional 1,800 homes. [Vermont Biz]

¶ The US DOE announced it will fund up to $220 million of R&D projects to modernize America’s aging power grid infrastructure over the next three years. DOE also released a strategic blueprint that informs and guides a national research and development agenda involving a consortium of DOE National Laboratories. [Energy Collective]

Natural resources at NREL's campuses are managed appropriately to ensure research needs are met while protecting native wildlife and vegetation. NREL

Natural resources at NREL’s campuses are managed appropriately to ensure research needs are met while protecting native wildlife and vegetation. NREL

¶ The US DOE awarded two $6 million cost sharing grants as the first installments of what could be, over time, up to $80 million in funding for design work on advanced nuclear reactors. DOE’s expectations is that these firms, with their multiple partners, will be ready to build prototypes by 2035 or earlier. [Energy Collective]

Amazon wind

Amazon windpower

¶ Pattern Energy Group Inc. has completed the 150-MW Amazon Wind Farm Fowler Ridge, located in Benton County, Indiana. The facility will sell 100% of its output to Amazon Web Services, which will in turn supply the electricity to the electric power grids that service its data centers. [North American Windpower]

¶ The legal mandate of reducing Massachusetts greenhouse gas emissions to hit a 2020 benchmark is “achievable” if environmental policies are carried out but imperiled if the state neglects a major importation of renewable energy, according to a Baker administration report released Tuesday. [CommonWealth magazine]

¶ Utility Southern California Edison has signed power purchase agreements to obtain 500 MW of renewable energy from four solar projects being developed by First Solar. The projects are in California, Nevada, and Arizona. First Solar expects to turn all the four projects operational by the end of 2019. [Power Technology]

One Response to “January 20 Energy News”


  1. Reblogged this on nuclear-news and commented:
    #auspol #NuclearCommissionSAust NO #thorium #nuclear


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