May 16 Energy News

May 16, 2018

Opinion:

¶ “This Is How Germany Perfected the Free-Electricity Model” • On some days, especially holidays, the supply of electricity in Germany outstrips the nation’s demand. The result in the market is a price below zero. It is a time when factories have a chance to earn money for taking surplus electric power off the hands of producers. [Bloomberg]

German wind farm (Photo: Martin Leissl | Bloomberg)

¶ “Renewables Investment Nudges Out Fossil Fuel And Nuclear” • In 2017 the clean energy industry reached a critical turning point. Growth and cost reductions have both far outperformed expectations based on policy frameworks alone. Improvements in cost, scale, and technology fundamentally have changed market dynamics. [Forbes]

¶ “Elon Musk Harpooned Baseload Power” • In its first four months of operations the “big battery,” the Hornsdale Power Reserve, frequency control ancillary services prices went down by 90% in South Australia. The 100-MW battery has received over 55% of the FCAS revenues. This cuts into opportunities for fossil fuels deeply. [CleanTechnica]

Hornsdale Power Reserve

World:

¶ A new study from researchers at the Oxford Martin School at the University of Oxford has warned that a fifth of current global power plant capacity is at risk of becoming stranded assets. This would be under a scenario in which the planet reaches its climate goals of halting warming at 1.5° C to 2° C above pre-industrial levels. [CleanTechnica]

¶ Morocco is close to completing the largest concentrated solar power farm in the world. The site near the city of Ouarzazate aims to produce enough energy to power more than a million homes by the end of the year and reduce carbon emissions by an estimated 760,000 tons per year. The first phase was officially turned on in 2016. [CNN]

Noor Complex solar power plant in Morocco

¶ A tender for 1 GW of floating solar power capacity in the state of Maharashtra had six winning bids. The bids were at ₹2.71 and ₹2.72 ($0.04,  €0.034) per kWh, according to the Press Trust of India, which cited informed sources. The PV capacity will be installed at the Ujjani Dam and provided under power purchase agreements. [Renewables Now]

¶ Over 300,000 workers will be employed in the solar and wind energy sectors in India to meet the country’s target of generating 175 GW of electric power from renewable sources by 2022, the International Labour Organisation has estimated. The UN labor agency expects 24 million green economy posts to be created globally by 2030. [BW Businessworld]

Small solar system (Shutterstock image)

¶ Turkey produced 2.86 million MWh of power from solar PV plants in 2017, an increase of 177% from 2016. Turkey’s installed solar PV capacity grew from 0.95 GW to 3 GW in 2016, according to energy statistics by the Energy Market Regulatory Authority. But wind remains Turkey’s top non-hydro renewable energy source. [Renewables Now]

¶ The Indian government has given a boost to the country’s booming renewable energy sector. On May 14, the ministry of new and renewable energy released a draft policy for setting up wind-solar-hybrid plants, where both windmills and solar panels are put up on the same piece of land, increasing the power from a given site. [Quartz]

Hybrid plant (Photo: Stringer | Reuters)

¶ Britain’s windfarms provided more electricity than its eight nuclear power stations in the first three months of 2018, marking the first time wind has overtaken nuclear across a quarter. During the first quarter, wind power produced 18.8% of electricity, second only to gas, said a report by researchers at Imperial College London. [The Guardian]

US:

¶ BYD continues to make inroads into the North American bus market. It has made a new deal for 20 of its fully electric buses, which are destined for the Los Angeles International Airport. The new buses will provide airfield passenger transportation, replacing the existing fleet of diesel-powered buses and adding capacity to the system. [CleanTechnica]

BYD articulated bus

¶ A fleet of Teslas is headed to Squaw Valley, California, but it is not just going to the parking lot. As part of its ongoing renewable energy efforts, the resort is partnering with Liberty Utilities and the electric car (and rocket) company on a proposal to install battery units for storing power generated by solar and other sources. [Comstock’s Magazine]

¶ The Florida Municipal Power Agency announced an agreement to purchase power from utility-scale solar projects to be built in central Florida’s Orange and Osceola Counties. Three projects totaling 223.5 MW will be developed by a subsidiary of NextEra Energy, NextEra Florida Renewables. The purchasers will be 12 municipal utilities. [pv magazine USA]

Utility-scale solar power in Florida (SunPower)

¶ Pacificorp, a Berkshire Hathaway electric utility in six Western states, projects new resources of 2.7 GW of wind, 1.86 GW of solar, 1.877 MW of incremental energy efficiency, and 268 MW of demand response. Pacificorp also expects to repower 999 MW of wind. But it foresees no new fossil fuel resources in the decades to come. [pv magazine USA]

¶ The Palo Verde Nuclear Generating Station is the largest power producer in the US. It provides about 35% of Arizona’s electric power. An initiative that could be on the ballot in November would require that 50% of Arizona’s electrical energy come from renewable sources by 2030. And that could shut Palo Verde down. [AZFamily]

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