Archive for December 15th, 2018

December 15 Energy News

December 15, 2018

Opinion:

¶ “Is Renewable Energy a Path to Peace for the Korean Peninsula?” • South Korea needs more renewable energy to meet its goal of phasing out coal and nuclear power – but has little available land for solar farms and wind turbines. North Korea needs any kind of energy it can get but has sites for big clean energy plants. [Thomson Reuters Foundation]

North Korea

COP24:

¶ “Countries Increase Climate Financing at COP24” • Countries attending COP24, have made new climate finance commitments, increasing existing commitments to the World Bank Group’s Adaptation Fund and the Green Climate Fund. The World Bank Group’s Adaptation Fund got new commitments from nine contributor governments. [CleanTechnica]

¶ “UN Climate Talks Extended Due to Sticking Points in Poland” • Climate talks in Poland have continued through the night as negotiators try to agree on the next steps forward for the Paris climate agreement. Thousands of delegates worked well past the official deadline for reaching a deal but key some sticking points remain. [BBC]

COP24 (Getty Images)

¶ “15 Leading International Organizations Announce Joint Climate Neutrality Commitment at COP24” • At the COP24, 15 international organizations committed to carbon neutrality by promising to measure their greenhouse gas emissions, reduce them where possible, and compensate the unavoidable ones with credible carbon credits. [CleanTechnica]

¶ “EU, Canada, New Zealand, and Developing Countries Vow to Keep Up the Fight” • The EU and scores of developing countries pledged to toughen their commitments to reduce greenhouse gas emissions to enable the world to stay within a 1.5°C rise in global warming. The promise follows increasingly dire scientific warnings. [Bulletin of the Atomic Scientists]

Desert (Image courtesy of cocoparisienne | Pixabay)

World:

¶ “More Than 1,000 Institutions Are Now Divesting from Fossil Fuels” • The global divestment movement has celebrated an important milestone this week as it now boasts more than 1,000 institutions around the world worth almost $8 trillion which have committed to divesting from fossil fuels, according to climate movement 350.org. [CleanTechnica]

¶ “BYD Electrifies Chile with 100 Bus Fleet for Santiago” • Chile is leading the charge towards sustainable transportation in South America, having taken delivery of the largest pure electric bus fleet in South America. The delivery of the 100 fully electric BYD K9FE buses was marked by a ceremony in the capital city of Santiago. [CleanTechnica]

Chilean President Sebastián Piñera and Minister
of Transportation Gloria Hutt on a BYD bus. (BYD)

US:

¶ “US-Based Corporations View Climate Change as Risk to Bottom Line and Reputation” • Environmental non-profit and investment research provider CDP published a report based on responses from 2,000 US companies on climate change. Growing numbers view it as a risk both to profits and reputation among consumers and investors. [CleanTechnica]

¶ “Potential Largest Offshore Wind Farm in the World Auctioned off for Record Price” • The rights to establish wind farms off the Massachusetts coast sold for a record-setting $405 million total, according to federal officials. The area auctioned could generate up to 4.1 GW, enough electricity to potentially power nearly 1.5 million homes. [CNN]

Block Island Wind Farm (Don Emmert | AFP | Getty Images)

¶ “Shell and EDP Renewables Joint Venture Wins Offshore Wind Auction” • Mayflower Wind Energy LLC is provisional winner of block 0521 in the offshore wind auction hosted by the Bureau of Ocean Energy Management. Mayflower is a 50/50 joint venture between EDPR Offshore North America LLC and Shell New Energies US LLC. [Windpower Engineering]

¶ “After California Fires, PG&E Proposes Raising Electricity Bills to Bolster Precautions” • Pacific Gas & Electric submitted a proposal to the California Public Utilities Commission, asking for $1.1 billion in new revenue in 2020. This includes $576 million for the Community Wildfire Safety Program, $273 million for liability insurance. [CNN]

Camp Fire (Josh Edelson | Getty Images)

¶ “New York Power Authority to Invest $250 Million in Electric Grid for Better Access to Renewables” • NYPA will invest $250 million to upgrade the electric grid to give residents greater access to renewable energy resources, such as wind and solar power. The $250 million investment will add up to 150 MW of grid flexibility projects. [Daily Energy Insider]

¶ “US Utilities Test Distributed Energy Management” • At least 23 US utilities have tested the ability of distributed energy management systems to capture the value to the grid of solar and storage systems. The National Renewable Energy Laboratory selected five utility-led projects to profile, all incorporating PV and storage. [pv magazine USA]

Transmission lines (Flickr image)

¶ “Regulators Approve $255 Million Wind Farm for Alliant Energy” • Wisconsin regulators gave Alliant Energy approval to build a 150-MW wind farm in northern Iowa that the utility says will help meet its renewable energy goals while saving customers money. The Kossuth Wind Project is expected to help save money and stabilize electric bills. [Madison.com]

¶ “The CalETC Prove It! Campaign Puts Influencers into Plug-In Vehicles and Films Their Reactions” • To raise awareness of electric vehicles, the California Electric Transportation Coalition ran a campaign called ‘Prove It!’ that set up week-long plug-in vehicle loaners for influencers in the greater Los Angeles area, filming their reactions. [CleanTechnica]

Have an amazingly satisfying day.

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