June 26 Energy News

June 26, 2017

Opinion:

¶ “Devil’s in detail, but Finkel may have gotten it just about right” On June 9, the much-anticipated Finkel report on the future stability of Australia’s National Electricity Market was released. Though there are many detailed recommendations, the overall guidance seem to getting broad support – except for the Clean Energy Target. [RenewEconomy]

Storm damage in South Australia

Science and Technology:

¶ Yellowstone Park is being hit by a swarm of earthquakes. About 770 have been recorded since June 12. This raises fears among the people across the affected areas for a possible volcanic eruption. If a super-volcano erupts, the disaster could radically transform the whole global climate and destroy much of the western US. [Science World Report]

World:

¶ The Asian Development Bank has approved the creation of a new Pacific Renewable Energy Investment Facility to provide financial support to renewable energy projects in Pacific island countries. The countries face developmental issues such as small populations, limited resources, remoteness and vulnerability to natural disasters. [CleanTechnology News]

Hydro development in Papua New Guinea
(Photo: Courtesy of Asian Development Bank)

¶ Mining data reviewed by the Associated Press show that coal production through May is up by at least 121 million tons, or 6%, for China, India, and the US, compared to the same period last year. The change is most dramatic in the US, where coal mining rose 19% in the first five months of the year, according to US DOE data. [MetroNews Canada]

¶ The Philippines attracted thousands of megawatts of renewable energy projects shortly after the passage of the Renewable Energy Act of 2001 but the concerns have been raised on the future of RE without the new feed-in tariff rates. Investments in new solar and wind projects have slowed down due to absence of clear policies. [The Standard]

Solar array in the Philippines (Judgefloro, Wikimedia Commons)

US:

¶ More than 331 US mayors representing 62 million Americans have signed up to the commitments of the Paris Climate Agreement through the Climate Mayors initiative. Founded three years ago, the number of cities in the network grew five-fold after President Trump withdrew the US from the Paris Climate Agreement. [Cities Today]

¶ Donald Trump will tout surging US exports of oil and natural gas during a week of events aimed at showing the country’s growing energy dominance. He also plans to emphasize that after decades of relying on foreign energy supplies, the US is set to become a net exporter of oil, gas, coal, and new renewable and nuclear technology. [Petroleumworld.com]

Liquified natural gas tanker (Photo: STR | AFP | Getty Images)

¶ A national association of businesses focused on renewable energy, energy efficiency, smart grids, energy storage, and other technologies, Advanced Energy Economy, is pushing Virginia’s gubernatorial candidates to embrace “a transformational change” in both how energy is generated in the state and how it is consumed. [Roanoke Times]

¶ Solar energy continues to be the fastest growing energy source for US electricity, and now accounts for 2.2% of the US supply. Large-scale solar production in April totaled 4.8 million MWh, a jump of 63% over the same month a year ago, and with the combination of rooftop solar contributed 6.9 million MWh, or 2.2%. [RenewEconomy]

Arizona’s Agua Caliente Solar Project

¶ Converting a house in Santa Barbara to solar energy is easier now with the help from the Community Environmental Council. Its mission is to identify, advocate, and raise awareness about the most pressing environmental issues in the Santa Barbara region. Its solarize program helps to make it easier for everyone to install solar power. [KEYT]

¶ New York lawmakers unanimously passed a measure requiring the state’s Public Service Commission to set targets to increase the adoption of energy storage in the state through 2030. The new law requires the commission to work with the New York State Energy and Research Development Agency and the Long Island Power Authority. [RTO Insider]

EOS Energy Storage Project (EOS Energy Storage)

¶ In a bit of rural Georgia filled with manufacturing plants and distribution warehouses, just past the Alabama border, there is a 29-km (18-mile) stretch of Interstate 85 where new technologies are being tested for what could be a green highway of the future. It is a highway that could create its own clean, renewable energy. [Winnipeg Free Press]

¶ Rhode Island’s solar industry is no longer a fledgling subset of the amorphous “green” economy, but a rapidly growing business sector with some of the best financial incentives in the country. According to a report from the Office of Energy Resources, renewable-energy jobs, led by solar energy, has increased 66% in two years. [ecoRI news]

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