July 9 Energy News

July 9, 2016

Opinion:

¶ “Will US Taxpayers Foot The Bill For Cleaning Up After Bankrupt Coal Companies?” • Fifty US coal companies have filed for bankruptcy since 2012. But before the collapse, speculating top producers ran up billions in debt to finance unwise acquisitions. Now we have a question. Who will clean up the mess they made? [CleanTechnica]

Strip mining, Powder River Basin, Wyoming. WildEarth Guardians/Flickr, CC BY-NC-ND

Strip mining, Powder River Basin, Wyoming.
WildEarth Guardians/Flickr, CC BY-NC-ND

¶ “Clean energy gets warm welcome from First Nations” • At the opening ceremony for the Box Canyon Hydro Project near Port Mellon, British Columbia, Squamish women elders cleansed the project of any ill spirits and sentiments, blessing it for a long and prosperous operation, providing power for 4,500 homes. [Vancouver Sun]

Photos:

¶ GE Renewable Energy is assembling the parts for five of their Haliade wind turbines for America’s first offshore wind farm, which is being built by Deepwater Wind near Block Island. The nacelles weigh 400 tons each. The blades are 240 feet long. The towers are 330 feet tall. The activity is quite a show. [Product Design & Development]

Fred. Olsen Windcarrier’s Brave Tern vessel will rise above the waters near Block Island to assemble the wind farm. Image credit: Fred. Olsen Windcarrier

Fred. Olsen Windcarrier’s Brave Tern vessel will rise above the waters at Block Island to assemble the wind farm. Credit: Fred. Olsen Windcarrier

World:

¶ The International Energy Agency has painted a grim picture of the global oil market, with oil prices dropping, investment dropping, and supply increasing, all of which are hurting energy efficiency trends.The oil industry has cut more than $300 billion in spending in two years, or around 42% of the overall total. [CleanTechnica]

¶ Singapore-based tidal energy developer Atlantis Resources has reached an agreement between its MeyGen project and Lochend Wind Energy’s nearby four-turbine wind farm for access to the grid. The wind farm will use the grid access whenever the tidal project is not making full use of the available export capacity. [Energy Digital]

The MeyGen project will ultimately have almost 400 MW of capacity generated purely by the tide.

The MeyGen project will ultimately have almost
400 MW of capacity generated purely by the tide.

¶ Data from the UK Department of Energy and Climate Change shows that 5 GW of conventional, fossil fuel-powered generation have missed their targets for delivering the projects. The Renewable Energy Association points out that renewables are the only technologies that have been delivering new capacity reliably. [Biomass Magazine]

US:

¶ Southern Company’s Kemper plant, a 582 MW power plant was expected to cost $2.2 Billion and open in May 2014. It hasn’t opened yet, and is now projected to open later this year, at a cost of $6.6 Billion, $11.34 per watt. Factoring in the energy costs of sequestering the carbon, could cost up to $15.12 to $17.45 per watt. [Seeking Alpha]

Aerial photograph courtesy of Southern Company

Aerial photograph courtesy of Southern Company

¶ Siemens has contracted with Pattern Energy Group LP to install and service a total of 141 wind turbines for the Broadview Wind project. The project combines two adjacent developments in New Mexico and Texas with a combined capacity of 324 MW, enough to meet the energy needs of about 180,000 homes. [Renewable Energy Focus]

¶ Las Vegas enterprises, particularly the casinos and hotels, are vast operations with glitzy lights, air conditioning to make the desert livable, and other massive uses of electricity. Now, they also host a growing oasis of solar panels as Las Vegas and Nevada show they think moving to clean energy is a sure bet. [Guardian Liberty Voice]

Photo courtesy of NRG Energy

Photo courtesy of NRG Energy

¶ New York State utility regulators today released a proposal to subsidize Upstate nuclear plants with annual payments totaling an estimated $482 million a year. The public has until July 18 to comment. Exelon, the owner of the oldest two plants, said it will close them unless subsidies were approved by September. [Syracuse.com]

¶ Exelon Generation announced it had formally notified grid operator PJM Interconnection of plans to retire the Quad-Cities nuclear plant in Cordova, Illinois, on June 1, 2018. The step is the latest of several procedural notifications that Exelon has to make prior to closing the Quad-Cities and Clinton plants. [Bloomington Pantagraph]

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