March 23 Energy News

March 23, 2019

Opinion:

¶ “How Co-ops Are Bringing Solar Power To Rural America” • In 2014, the National Rural Electric Cooperative Association studied what some of its members saw as a touchy subject: local solar powered electricity. Only 20% of its 42 million members seemed interested having more solar power. But things began to change quickly. [Scientific American]

Solar array

¶ “Beneficial Electrification: Plug In For The Greener Grid!” • An NRDC report shows the US can achieve the emissions reductions it needs with bold action to increase energy efficiency, renewable energy, electrification of vehicles, buildings using clean power, and electric grid enhancements. And this is the point where beneficial electrification comes in. [CleanTechnica]

Science and Technology:

¶ “The Potential Of Ammonia As Carbon-Free Fuel – Major New Research Project At The University Of Aarhus” • A major new research project at the Department of Engineering at Aarhus University could revolutionize production of ammonia. And ammonia has the potential to revolutionize the entire energy and transport sector. [CleanTechnica]

Research center at Aarhus University (Lars Kruse | AU Foto)

¶ “Amnesty International Calls For Ethical Battery Technology” • Electric cars, buses, trucks, ships, and planes may be crucial to fighting the dangers of global warming. But some are warning that the process of producing lithium-ion batteries is having serious unintended environmental consequences that need to be addressed. [CleanTechnica]

¶ “Electric Buses Avoid Three Times More Fossil Fuels Than Electric Cars, Finds BNEF” • A new report by Bloomberg New Energy Finance claims electric buses displace far more fossil fuels than electric cars. China leads the way when it comes to reducing the use of fossil fuels, most importantly diesel, in its transportation sector. [CleanTechnica]

Electric buses in Shinzen (EyeShinzen)

World:

¶ “UBS Tightens Coal Financing Standards And Strengthens Sustainable Investments” • Swiss investment banking giant UBS has decided to further tighten its standards on coal financing transactions, ruling out project-level finance to new coal-fired power plants. It will also double penetration of its sustainable investments by 2020. [CleanTechnica]

¶ “India Issues Seventh National Wind Energy Tender, Offers 1.2 GW” • India is trying at the national level to makeup for the lost time to meet its target to have 60 GW of installed wind energy capacity by March 2022. India has also announced a medium-term renewable energy target of 500 GW of installed capacity by 2030. [CleanTechnica]

Wind Turbines (Pexels image)

¶ “Banks Funneled $1.9 Trillion Into Fossil Fuels Since Paris Agreement” • A new report published this week shows that 33 global banks provided $1.9 trillion to fossil fuel companies since the adoption of the Paris Climate Agreement at the end of 2015 and that the amount of fossil fuel financing has increased in each of the past two years. [CleanTechnica]

¶ “South Pacific’s Biggest Solar Plant To Help Tonga Meet Renewable Energy Target” • Tonga Power Limited signed a 25-year power purchase agreement with Sunergise New Zealand Limited in the capital, Nuku’alofa. Sunergise will finance, build, and operate the 6-MW solar farm, the largest in the South Pacific, on Tongatapu. [Saurenergy]

Solar plant

¶ “Kuwait-Saudi Consortium Wins 500-MW Solar Project In Oman” • A consortium of Saudi Arabia’s ACWA Power, Kuwait’s Gulf Investment Corporation, and Alternative Energy Projects Company has won the bid to develop 500 MW of large utility-scale solar independent power projects located at Ibri in Oman, according to Reuters. [Mercom India]

US:

¶ “Avista’s Chooses Washington Wind Farm For Latest PPA” • Avista, a power company serving Washington, Idaho, and Oregon, signed a purchase power agreement with developer Clearway Energy Group for energy from Rattlesnake Flat Wind, which has already been permitted and is to be built in Adams County, Washington. [Windpower Engineering]

Wind turbines

¶ “New Mexico Takes Bold Step Toward A Cleaner, Stronger 21st Century Economy” • New Mexico Gov Michelle Lujan Grisham signed into law The Energy Transition Act (SB489), advancing the state’s national leadership in renewable energy with a goal to source 50% of New Mexico’s energy from renewable sources by 2030. [Windpower Engineering]

¶ “Navajo Nation Company Ends Bid To Buy Power Plant, Mine” • One of the largest coal-fired power plants in the West will close this year as planned, as a Navajo Nation company ended its long-shot bid to acquire it. The Navajo Transitional Energy Company had looked into buying the power plant and the coal mine to save revenue and jobs. [Associated Press]

Navajo Generating Station (Ross D Franklin | AP File Photo)

¶ “California In ‘Extreme Peril’ From Fire Threat, Gov Gavin Newsom Says, Declares Statewide Fire Emergency To Prepare” • California Gov Gavin Newsom declared a statewide wildfire emergency, citing “extreme peril” to life and property. The declaration suspends environmental and bidding practices to speed forest clearing. [The Weather Channel]

¶ “US Finalizes $3.7 Billion Loan For Vogtle Nuclear Power Plant” • The US DOE finalized up to $3.7 billion in loan guarantees for construction of two reactors at the Vogtle nuclear power plant in Georgia, tapping a program President Donald Trump’s latest budget zeroed out. Construction of the new reactors is behind schedule and over budget. [CNBC]

Have a resoundingly successful day.

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