June 26 Energy News

June 26, 2019

Science and Technology:

¶ “Swiss Scheme Demonstrates Successful Peer-To-Peer Trading Of Solar PV” • A project called Quartierstrom, “district power,” run by agroup at ETH Zurich, demonstrated a peer-to-peer system with a bottom-up grid tariff. Its traders, all downstream of a transformer, only pay a reasonable amount for using a local grid infrastructure but not the rest of it. [CleanTechnica]

Swiss rooftop solar panels (Roland zh, Wikimedia Commons)

¶ “Demand For Electricity To Climb As World Gets Hotter” • Research done at the International Institute for Applied Systems Analysis suggests that by 2050, climate change will increase the global demand for energy by 11% to 27% if there is a modest amount of warming, and 25% to 58% if there is a large amount of warming. [CleanTechnica]

World:

¶ “BYD Adds Bus Manufacturing Capacity In North America With New Canadian Plant” • BYD is taking another step into the North American bus market. It announced a new 45,000-square-foot bus plant in Newmarket, Ontario. The new BYD facility represents another step forward into the electrified future of North America. [CleanTechnica]

BYD Coach & Bus Factory (Kyle Field | CleanTechnica)

¶ “G20 Nations Spending $63.9 Billion Annually On Coal Subsidies” • Days before representatives of the G20 meet in Japan, a report has been published by the Overseas Development Institute, which reveals these nations are spending at least $63.9 billion on coal annually. This includes $20.9 billion in new state-owned enterprise investments. [CleanTechnica]

¶ “BlackRock Unit Aims To Boost Asian Renewables To $5 Billion” • BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy. The increase will be from the current $500 million to up to $5 billion over three to five years. [Bloomberg]

Solar panels over water (Qilai Shen | Bloomberg)

¶ “European Super-Majors Shell, BP Leading The Charge To Electrification” • Responding to unprecedented transition in the global energy industry, two of Europe’s largest integrated oil and gas majors, BP PLC and Royal Dutch Shell PLC, are investing in low or no-carbon energy and technologies to augment their businesses. [S&P Global Platts]

¶ “India Plans To Set Up 500 GW Of Renewable Energy Capacity By 2030” • At the 17th meeting of the International Renewables Energy Agency (IRENA) council in Abu Dhabi, Anand Kumar, India’s secretary of Ministry of New and Renewable Energy announced that India plans to set up 500 GW of renewable energy capacity by 2030. [REVE]

Gamesa wind turbines in India

¶ “Zurich Sets Renewable Energy Goal, Coal, Oil Sands Underwriting Limits” • Zurich Insurance Group Ltd pledged to use 100% renewable power in all global operations by the end of 2022 and to stop writing certain thermal coal and oil sands risks after two years as part of its commitment to achieving the goals of the Paris climate agreement. [Business Insurance]

¶ “The City Of Sydney Has Declared A Climate Emergency, Urges Urgent Action” • The Australian city of Sydney officially declared a climate emergency. The local council, led by Lord Mayor Clover Moore, voted to acknowledge that climate change poses a serious risk to the city, its inhabitants and to the rest of the country. [Interesting Engineering]

Sydney (kitkatty007 | Pixabay)

¶ “‘Record’ Six Months For Clean Power In Germany” • Renewable energy delivered a record 44% of the electricity consumed in Germany in the first half of 2019, up from 39% in the same period last year, according to data from research and industry organizations. Good weather conditions and industry growth account for the change. [reNEWS]

¶ “French Nuclear To Suffer After Exclusion From Eu’s Green Investment Label” • The European Commission has voted to determine what constitutes green energy for the EU. Fossil fuel and nuclear energy investments are no longer part of sustainable finance and hence kept away from the financing needs of the transition. [EURACTIV]

Cooling towers (Shutterstock image)

US:

¶ “8minute Solar And NV Energy Plan New Solar Power Plant With 540 MWh Of Battery Storage” • The Southern Bighorn Solar & Storage Center will include a 300-MW (AC) solar array with 540 MWh of lithium-ion battery storage. It will be built in Clark County on the Moapa River Indian Reservation about 30 miles north of Las Vegas. [CleanTechnica]

¶ “Reading, Pennsylvania Sets 100% Clean Energy Goal” • The Reading City Council in Pennsylvania has unanimously voted to adopt a resolution establishing a goal of powering the entire community with 100% renewable energy by 2050. The city will prioritize energy-efficient and low-cost solutions in order to benefit residents. [Windpower Engineering]

Pennsylvania (Pixabay image)

¶ “Vivint Solar Closes $100 Million Financing To Support 55-MW Residential Pipeline” • Vivint Solar, The second-largest US residential solar provider, announced that it has received new commitments for $100 million of tax equity financing to be used to support the rollout of over 55 MW of residential solar energy systems. [CleanTechnica]

¶ “Calling for ‘Climate Emergency’ Declaration, Council Members Examine City’s Progress in Renewable Energy” • About 90 activists, including three council members, rallied in front of New York City Hall ahead of a committee hearing at which a resolution to declare a climate emergency in New York City was discussed. [Gotham Gazette]

Have a fabulously comfortable day.

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