November 19 Energy News

November 19, 2018

Opinion:

¶ “The Doom of Fossil Fuel Investments” • There is very little time to get out of pure-play oil and gas company investments without substantial losses. It is already too late to get out of pure-play coal company investments without substantial losses. Utility companies with heavy reliance on fossil fuels are also in trouble. Here is why. [CleanTechnica]

Oil rig

¶ “More Nuclear Energy is Not the Solution to Our Climate Crisis” • With the threat of climate change, there are increasing calls to keep many nuclear plants going. Bailing out financially shaky old nuclear plants is a short-sighted response to a huge challenge that requires much bigger, much more transformative thinking. [WBUR]

¶ “Hope Is Rational – Germany’s Radical Shift to Renewables and Efficiency” • Fossil fuels lobbyists might deny it, but the world is now heading towards a complete decarbonization of the energy system. It might seem daunting or even impossible, but recent innovations and megatrends may make it possible to keep global warming below 2°C. [RenewEconomy]

Solar and wind energy

Science and Technology:

¶ “Carbon-Removal Projects Could Turn Back the Clock on Climate Change” • Even if we can reduce its carbon emissions significantly, future prospects for the planet’s health look bleak. Preventing climate change may now rely on the economic viability of carbon-removal projects. The good news is that they are becoming more affordable. [The New Economy]

World:

¶ “20,000 BAIC EC-Series Sold in Another Record China Electric Car Sales Month” • Last September set a record in China, with 104,900 plug-in EV sales. And the month of October has seen that record also broken, with close to 120,000 registrations, a 14% increase. Overall, October 2018 electric vehicle sales were up 85% year over year. [CleanTechnica]

BAIC EC180

¶ “Maharashtra to Give Solar Agri Pumps at Subsidised Rates: Bawankule” • The Maharashtra government plans to give 5 horsepower solar agricultural pumps worth ₹3.5 lakh ($400,000) at a subsidised rate of ₹20,000 ($280) and 3-HP pumps costing ₹1.5 lakh at ₹15,000 to farmers, according to Energy Minister Bawankule. [ETEnergyworld.com]

¶ “Loch Ness Hydro Plant Plans May Bring Hundreds of Jobs and Power Hundreds of Thousands of Homes” • Ambitious plans for an underground hydro plant at Loch Ness, opposite the iconic Urquhart Castle, are going to the Highland Council. The Red John Pumped Storage Hydro Project would have a generating capacity of 400 MW. [Press and Journal]

Urquhart Castle (Photo: Sandy McCook)

¶ “Labor Says It Can Lower Power Prices and Emissions” • Labor says with energy policy and falling costs of renewables, emissions can be cut and prices lowered at the same time. Australia’s shadow climate change and energy minster said asking people to choose between price and emissions reduction was an “utterly false choice”. [The Australian Financial Review]

¶ “Netherlands: PV Projects Totaling 3.7 GW Submitted for Autumn Round of 2018 SDE+ Program” • The Dutch Ministry of Economy announced that PV projects with a combined capacity of 3,708 MW have been submitted for the autumn round of the 2018 SDE+ program for large-scale solar and renewable energy power projects. [pv magazine International]

Another Dutch wind turbine (Image: Flickr | Elvin)

¶ “Mitsubishi Backs Japanese Mega-Battery” • Mitsubishi Electric Corp is to provide an energy management system for a 240-MW energy storage project connected to over 500 MW of wind power in Japan. Mitsubishi’s Blender Re system will monitor and control the battery and power conditions at the Kita-Toyotomi substation. [reNEWS]

¶ “Fukushima Daiichi Control Room Opened, Untouched, to Journalists After Seven Years” • In the main control room for the crippled Nos. 3 and 4 reactors at the Fukushima No. 1 nuclear power plant, time seems to have stood still. The control room’s interior is reported to have been left almost untouched since the disaster. [The Japan Times]

Fukushima control room (Kyodo image)

US:

¶ “States Lead the Way on Pivotal Shift Toward Renewable Energy After Midterms” • The shift in the political balance at the state level from the midterm elections will produce far more benefits for the renewable energy industry than the Democratic takeover of the US House of Representatives, according to clean energy experts. [ThinkProgress]

¶ “If You Live in Aurora, Colorado, You Can Buy a New Nissan LEAF This Month for $16,360” • Xcel Energy and Tynan’s Nissan in Aurora, Colorado, are partners in a campaign to encourage people to buy an electric car. Through the end of this month, residents can purchase a new Nissan LEAF SV and get more than 50% off the sticker price. [CleanTechnica]

Nissan LEAF lineup

¶ “BHP Introduces Mine Rehabilitation, Safety Efforts to Local Regions” • BHP, in making health and safety a priority, has joined forces with Rocky Mountain Institute and Pattern Development to repurpose closed mine sites for renewable energy production in New Mexico and Arizona. The sites are to be developed for PVs and energy storage. [SafeToWork]

¶ “How Ohio can Capture $25 Billion Worth of Clean Energy Growth” • Ohio risks missing out on roughly $25 billion in investments and 20,000 new jobs over the next two decades if state officials don’t take steps soon to expand clean energy, new analysis by Synapse Energy Economics of Cambridge, Massachusetts shows. [Energy News Network]

Have a fabulously fulfulling day.

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