August 10 Energy News

August 10, 2017

Opinion:

¶ “Global Fossil Fuel Subsidies Still Total More Than $5 Trillion Annually” • A study by four economists at the International Monetary Fund – not exactly a liberal outfit – and published in the journal World Development finds that direct and indirect subsidies to fossil fuel companies amount to about 6.5% of global GDP. [CleanTechnica]

Sun setting on a nodding donkey

World:

¶ Since oil prices collapsed in 2014, Canada has lost more than 40,000 jobs in oil, gas and related industries, according to data released last year by the Canadian Association of Petroleum Producers. Thousands of employees of fossil fuel businesses left jobless following a plunge in oil prices are finding work with solar or wind energy. [ETEnergyworld.com]

¶ Aela Energía, a joint venture of Actis and Mainstream Renewable Power, has sealed $410 million in project financing for two wind farms in Chile totaling 299 MW. The finance will allow Aela to proceed with the construction of the 170-MW Sarco and 129-MW Aurora projects. Both projects will have turbines made by Senvion. [reNews]

Senvion turbine (Senvion image)

¶ GE Renewable Energy booked a turnkey contract with Star Pumped Storage Ltd for the 344-MW Kokhav Hayarden pumped storage station in Israel. GE Renewable Energy is responsible for the design, manufacture, supply and installation of all electro-mechanical and hydro-mechanical equipment for the two 172 MW pumped-storage units. [Your Industry News]

¶ Wildfires can happen even in Greenland. They are very rare there, but unfortunately they are becoming more common. This year has been unprecedented far as numbers of fires go. This is particularly bad, as wildfires release soot, and soot that has been deposited on ice sheets or snow greatly increases the speed at which the ice melts. [CleanTechnica]

Greenland wildfire (Photo: Pierre Markuse, some rights reserved)

¶ Sri Lanka’s cabinet has given the go ahead to install PV systems to generate solar power on the roofs of all public institutions. About 3% of Sri Lanka’s energy demand is currently met by renewables such as wind and solar. Solar power has the potential to meet 32% of Sri Lanka’s annual power demand of around 10,500 GW. [Lanka Business Online]

¶ An Australia trial to demonstrate the ability of wind farms to provide crucial grid stabilizing services, traditionally supplied by “baseload” coal and gas plants, is set to begin in October. The trial will test the ability of Hornsdale 2 to provide frequency control and ancillary services and subsequently to participate in the grid markets. [RenewEconomy]

Hornsdale wind farm

¶ Two parallel announcements have given shape to the planned 424-MW Reynosa III Wind Park set to be developed in Mexico. Three state-owned development banks will provide $1,072 million in financing, and Vestas is to supply 120 of its V136-3.45 MW wind turbines. The wind farm is expected to be completed by 2019. [CleanTechnica]

¶ In the last two years, Indian coal consumption has slowed to its lowest level in two decades, even though the economy has been growing at a steamy 7% annual pace. Thermal power plants have been running well below full capacity for years and as of June were operating at only 57% of their total capacity, the lowest level ever. [PennEnergy]

Illegal coal scavengers (AP Photo/Kevin Frayer, File)

US:

¶ When construction was halted on two nuclear power plants in South Carolina spiraling costs were blamed. But another equally important reason was that the demand for electricity has not increased as expected when the project was proposed in 2008. In fact, a report shows that US residential demand has declined from what it was ten years ago. [CleanTechnica]

¶ The US has over 20 offshore wind projects in the pipeline, with over 24-GW of potential installed capacity, according to the US DOE. Most projects are planned for the northeast Atlantic, but schemes are also in the pipeline in the southeast Atlantic, Pacific, Gulf of Mexico and Great Lakes, DOE said a report it released on wind energy. [reNews]

Block Island offshore wind farm (Deepwater Wind image)

¶ AES is to supply two batteries to Arizona Public Service for an 8-MWh energy storage project. The batteries will be installed at the community of Punkin Center. The new project will be built to avoid rebuilding 20 miles of power lines over rough terrain to the community, the company said. The facility expected to be operational in early 2018. [reNews]

¶ The wind energy industry reached an important milestone in 2016 when it passed the generating capacity of hydroelectric power for the first time to become the nation’s top renewable generating source. The total amount of wind capacity in the queue represents 34% of all generating capacity waiting to connect to the grid. [ThinkProgress]

Dry Lake wind project in Arizona (DOE photo)

¶ The total solar eclipse on Monday will obscure the sunlight at 1,900 utility-scale solar-power plants in the country, the Energy Information Administration said this week. Though there will be a reduction in solar output, relatively little solar-power capacity lies directly on the path of totality and no reliability issues are expected in the US, the EIA said. [MarketWatch]

¶ The city commission in Orlando, Florida, unanimously approved a resolution to commit to a goal of 100% clean and renewable energy for the city by 2050. According to the Sierra Club, Orlando has joined a growing movement of more than three dozen cities nationwide that have committed to a 100% clean energy future. [North American Windpower]

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