September 5 Energy News

September 5, 2018

Opinion:

¶ “The Next Financial Crisis Lurks Underground” • Some of fracking’s biggest skeptics are on Wall Street. They argue that the industry’s financial foundation is unstable: It has not proven that it can make money. “The industry has a very bad history of money going into it and never coming out,” says one hedge fund manager. [New York Times] (Thanks to Tad Montgomery.)

Fracking and where it is going (Image: Zak Tebbal)

¶ “5 Stats About Offshore Wind Power That’ll Blow You Away” • Countries and companies are turning to offshore wind power as a critical source of renewable energy. From the skyscraper-sized turbines developed by GE to the impressive resource potential of the US, here are five incredible stats about offshore wind power. [Motley Fool]

¶ “Politicians lagging on renewables will soon be fossils” • Many politicians seem not to realise that there have been incredible technological advancements in renewable energy, as well as batteries, that have led to dramatic improvements in their ability to convert wind and sun into large quantities of electricity at an affordable cost. [Courier Mail]

Queensland transmission lines

Science and Technology:

¶ “Arctic Expedition Makes Climate Change Up Front and Personal” • Students on Ice, an organization that educates the world’s youth about the importance of the Polar Regions, brought 130 students and over 80 staff from 20 countries to western Greenland and the Canadian High Arctic during the summer of 2018. [CleanTechnica]

¶ “Refurbishing Baseload Power Stations To Backup Renewables” • Stories have popped up in the news recently about turning traditional hydroelectric stations, which generate power by using water captured from a flowing river, into pumped storage facilities, which cycle the water, using more energy to do so than they produce. [CleanTechnica]

Lake Mead at reduced water levels

¶ “Semi-Artificial Photosynthesis Could Harness Solar Power” • Researchers from St John’s College and Cambridge University found new ways to produce and store solar energy using semi-artificial photosynthesis, by combining biological components with man-made technologies to convert water into hydrogen and oxygen. [R & D Magazine]

World:

¶ “EU Removes Trade Barriers On Chinese Solar Imports” • Following reports last week that the EU was considering scrapping import controls on solar panels and cells from China, the European Commission has announced that it will remove trade duties on solar panels and cells imported from China, Taiwan, and Malaysia. [CleanTechnica]

Manufacturing solar panels

¶ “South Australia commits $180 million to batteries, storage and virtual power plants” • The South Australia Liberal government is about to finally roll out its Home Battery Scheme after it confirmed allocating $180 million for installing battery storage in 40,000 homes, large batteries, demand management, and virtual power plants. [RenewEconomy]

¶ “Vestas to enter Senegal with 46 turbines” • Vestas has announced it will enter the Senegalese market by providing wind turbines for the African nation’s Parc Eolian Taia N’Diaye wind power project. The 159-MW wind park is the first large wind energy project in Senegal and is also set to be the largest wind project in West Africa. [Energy Digital]

Vestas wind turbine (Getty Images)

¶ “Japan Program for Reuse of Nuclear MOX Fuel in Doubt” • The Japanese government has pushed for the reuse of mixed-oxide fuel in the country’s nuclear reactors, but utilities that finance the reprocessing have not funded those operations since fiscal year 2016, according to financial reports released by the power companies. [Power magazine]

¶ “Farmers to flock to solar and battery storage, as power costs bite” • A report from Commonwealth Bank of Australia suggests the shift to solar and battery storage in the nation’s expansive agribusiness sector has only just begun. It says a staggering 76% of all farmers, nationwide, are planning to tap solar and battery storage. [One Step Off The Grid]

Australian dairy farm (Mattinbgn, Wikimedia Commons)

US:

¶ “Trump to name climate change skeptic as adviser on emerging technologies” • William Happer, a retired Princeton atomic physicist and prominent skeptic questioning whether humans are causing rapid climate change, is joining the National Security Council as senior director for emerging technologies, according to NSC officials. [CNN]

¶ “The sinking islands of the Southern US” • The pejorative perception of the Gullah Geechee being uneducated or backcountry has shifted to one in which the identity is celebrated, both by academics and those who grew up in the culture. Yet the Gullah Geechee ways are slipping away, as their islands are lost to climate change. [BBC]

Gullah Geechee fisherman (Credit: ZUMA Press, Inc | Alamy)

¶ “Young conservatives flock to Washington in support of clean energy” • This week, hundreds on young conservatives from across the country will be visiting the nation’s capital with a message. And the message these young men and women have is simple: they support clean energy, and they want to power more of America with it. [The Hill]

¶ “UC system to get 100% renewable power in less than 10 years” • The University of California system set a goal of powering all its campuses and medical centers with 100% renewable energy by 2025, as part of its efforts to fight climate change. The university system has already committed to making its daily operations carbon-neutral. [San Francisco Chronicle]

Have an astoundingly fruitful day.

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