August 29 Energy News

August 29, 2017

Opinion:

¶ “Trump Rolled Back The Country’s Best Flood Protection Standards Two Weeks Before Harvey” • On August 15th, Trump signed an executive order rolling back various environmental rules in order to streamline approvals for infrastructure projects. One of them set a federal infrastructure standard to reduce the risk of flood damage. [Pacific Standard]

Waiting in a flood (Photo: Scott Olson | Getty Images)

¶ “Why We Won’t Be Ready for the Next Hurricane Harvey Either” • Houston is far from the only place in the US vulnerable to disastrous flooding as a result of bad policy. It happens in every state. And experts say sea level rise and increased precipitation related to climate change could exacerbate the problem in the coming years. [TIME]

World:

¶ A £2 billion wind farm off the coast of Scotland would create 2,000 construction jobs and more than 200 jobs every year of its lifespan, a study found. It suggests that over its 30 year lifetime, the Neart na Gaoithe project could generate an economic impact of around £827 million for the Scottish economy, equivalent to 0.6% of Scotland’s GDP in 2016. [Herald Scotland]

Neart Na Gaoithe Offshore Wind Farm

¶ A study produced by the Mercator Research Institute on Global Commons and Climate Change shows that  the percentage of PVs in the global power supply could be three times higher in 2050 than previously projected. The share of solar energy will likely range between 30% and 50%, instead of 5% to 17%, as had been suggested earlier. [Nanowerk]

¶ Saudi Arabia has issued a request for proposals to build a 400-MW wind farm at Dumat Al Jandal in the Al Jouf region of the country. The request was issued by the renewable energy project development office of the Ministry of Energy, Industry, and Mineral Resources. The project is supported by a 20-year power purchase agreement. [reNews]

Wind farm (Pixabay image)

¶ Power Ledger has launched a new form of bitcoin, a virtual currency allowing consumers to practice green energy trading in a new kind of renewable energy marketplace. The token-trading platform will enable consumers and developers to generate renewable power and trade surplus energy with their neighbors. [Energy Matters]

¶ P Squared Renewables Inc announced that Borealis GeoPower Inc has started exploration work at the Canoe Reach geothermal project in British Columbia. Borealis has initiated its Passive Seismic Reservoir Characterization program at the Canoe Reach Energy Project, one of the final steps in the project’s pre-drilling evaluation. [ThinkGeoEnergy]

Kinbasket Lake, British Columbia (flickr | Kim, Creative Commons)

¶ The cost of wind power in Tamil Nadu has fallen to ₹3.42 per unit (5.34¢/kWh), the lowest in the country. The price now is ₹0.04 lower than that quoted in the Union renewable power ministry’s wind power tender bid. In a recent auction ReGen Power Tech Company had bid for ₹3.42 per unit for a capacity of 200 MW. [Times of India]

¶ GE Renewable Energy announced an agreement to provide wind turbines for the largest wind project in Jhimpir, Pakistan. The 150-MW project is being built by Power China in the Gharo-Keti Bandar Wind Corridor. US development and energy agencies estimate that Pakistan could develop more than 132 GW of wind capacity. [CleanTechnica]

Wind farm (Sapphire Wind Power image)

US:

¶ The US Energy Information Administration published its latest “Electric Power Monthly.” It says the US renewable energy is tied US nuclear energy, with each providing roughly 20% of the country’s electrical generation. However, experts predict nuclear’s share to decrease, while that of renewables is expected to continue growing. [CleanTechnica]

¶ CNN meteorologist Dave Hennen labeled Harvey a “one-in-1,000-years type of event.” By amount of rainfall, Harvey might set a new record. The sea level is about seven inches higher than it was a hundred years ago. And the temperature of the ocean is one to two degrees higher. The combination led to more rainfall and more flooding. [CNN]

Houston Flooded by Hurricane Harvey

¶ Hurricane Harvey’s path through southeast Texas and the Gulf of Mexico hit almost half of US refining capacity and a fifth of its oil production. The drop in production is expected to cause a temporary spike in US gas prices. Analysts expect the storm’s economic impact to pass $40 billion, with direct losses of over $20 billion. [BBC]

¶ Floodwaters are expected to rise still further in the inundated Texan city of Houston, where more than 30,000 people have been forced from their homes in the wake of Hurricane Harvey. Historically heavy rains have fallen for three days and the downpour is forecast to continue. Now New Orleans is preparing for flooding. [BBC]

Rescues in action

¶ As many as 5 million commercial electric customers across the country could cost effectively reduce their utility bills by using behind-the-meter energy storage, according to a report from the DOE’s National Renewable Energy Laboratory and the Clean Energy Group. The report analyzed over 10,000 utility tariffs in 48 states. [Utility Dive]

¶ Delaware Gov John Carney signed an executive order creating a working group to study offshore windpower technology. The executive order says the group is to examine how Delaware can participate in developing offshore wind, identifying ways to leverage the related economic opportunities of offshore wind for the state. [Delaware State News]

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