October 6 Energy News

October 6, 2018

Opinion:

¶ “Energy Transition: The Greatest Switch Capital Markets Have Ever Seen” • If we make the right changes to investment, market, and business models, the total cost of the clean energy system will be significantly lower than the current fossil fuel driven energy system. The alternative could leave us with a bill that far exceeds current costs. [CleanTechnica]

Sunflowers and windpower (Photo: Gustavo Quepón)

¶ “Shocker: Perry Releases Study Supporting Coal Subsidies” • Trump’s DOE put together a bogus study to justify a proposal to prop up polluting coal-fired power plants and financially failing nuclear plants. Keeping uneconomic power plants open for just two more years could cost $34 billion to offset the operating shortfalls. [The National Memo]

Science and Technology:

¶ “Carbon Engineering Claims Direct Air Capture of Carbon Costs Less Than $100 Per Ton” • Carbon Engineering, based in Canada, built a demonstration facility for its direct air capture technology. Based on its experience to date, it claims the cost of removing carbon directly from the atmosphere can be as low as $94 a ton. [CleanTechnica]

Carbon Engineering pilot plant

World:

¶ “ABB is Building the Distributed, Resilient Grid of the Future, One Business at a Time” • One of the key trends ABB sees in the market is that renewables have brought the democratization of electricity with them. This can easily be seen in the residential rooftop solar revolution. Now it is moving to commercial and industrial customers also. [CleanTechnica]

¶ “BorWin Gamma Nears Finish Line” • The 900-MW BorWin Gamma platform is set to reach the installation site in a German North Sea  wind farm on schedule. In early September, Dubai shipyard Drydocks World shipped out the 18,000-tonne topside that will be installed some 130 km off the German coast in water depths of about 40 meters. [reNEWS]

Gamma at the Suez Canal (Ulrich Wirrwa | TenneT | Siemens)

¶ “Innogy, Shell, Stiesdal Partner on Floating Wind Demo” • The companies will invest about €18 million ($20.7 million) in the demonstration project. It will use a 3.6-MW Siemens Gamesa Renewable Energy SA direct drive offshore wind turbine. It will be located at the test site of the Marine Energy Test Centre near Stavanger, Norway. [Renewables Now]

¶ “MPUVN rooftop solar gets lowest ever tariff of ₹1.38 per unit” • Madhya Pradesh Urja Vikas Nigam announced that it has achieved historic low tariff of ₹1.38 per unit (1.9¢/kWh) for Indian central government buildings in its RESCO II rooftop solar tender, an official statement said. The rate will increase by 3% annually. [ETEnergyworld.com]

Solar array

¶ “Renewable energies generated 41.8% of electricity from January to September in Spain” • Renewable energies generated 41.8% of electricity from January to September in Spain: wind energy provided 19.4%, concentrated solar power thermal generated 2.2%, and PVs share was 3.3%. Hydropower generation was at 15.2%. [REVE]

¶ “Siemens Gamesa Wins its First Russian Wind Farm Order” • Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country’s independent power producers, for the supply of 90 MW of wind turbines. The agreement includes delivery, installation and service for 26 turbines at a wind farm in southern Russia. [Electric Light & Power]

Wind farm

¶ “Spain scraps ‘sun tax’ in measures to cool electricity prices” • In a move to reduce electricity prices, the Spanish government will scrap a controversial levy on solar power affecting small businesses and households, Energy and Environment Minister Teresa Ribera said. This will make it easier for consumers to erect panels for their own use. [Reuters]

¶ “Three decades after nuclear disaster, Chernobyl goes solar” • Ukraine unveiled a solar plant in Chernobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. The solar plant was built in a contaminated area, which remains largely uninhabitable. [The Express Tribune]

Razor wire and solar panels at Chernobyl

US:

¶ “New Mexico Approves Pattern Energy’s 2.2 Gigawatt Corona Wind Projects Plan” • The New Mexico Public Regulation Commission has opened the door for Pattern Energy to begin construction on its Corona Wind Projects. The project will have an estimated 950 wind turbines, which will boast a total capacity of 2,200 MW. [CleanTechnica]

¶ “Millions of Texas Oil Dollars Flowing into Carbon Fee Fight in Washington State” • Texas oil companies are pouring millions of dollars into Washington state to fight a ballot measure that, if passed, would create the nation’s first carbon fee, raising the cost of gasoline and other fossil fuels and likely hurting demand for petroleum products. [Energy Voice]

Citgo oil refinery in Texas (Photo: Eddie Seal | Bloomberg)

¶ “NJ Sees Big Improvement in Energy Efficiency, New Report” • The American Council for an Energy-Efficient Economy issued its State Energy Efficiency Scorecard for 2018. It ranks New Jersey as the state with the most improvement, ranking at 18th overall. New Jersey had been ranked 7th in 2010, but a change in policy pushed it to 24th. [InsiderNJ]

¶ “PSEG Seeks Nuclear Support on the Tail of $4.1 Billion Clean Energy Proposal” • New Jersey’s Public Service Enterprise Group this week doubled down on claims that only state subsidies can save its three nuclear power plants. A week ago, the group’s electric and gas utility presented a plan to invest $4.1 billion in clean energy. [GreenTech Media]

Have a wholly hunky-dory day.

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