August 9 Energy News

August 9, 2019

Opinion:

¶ “The Shipping Industry Must Go Carbon Neutral To Survive” • A report from Maritime Strategies International predicts the value of all the world’s oil tankers will enter a period of dramatic decline from 2025 onward due to a dramatic collapse in demand for oil and coal. Ships built in 2015 may not be worth more than scrap metal prices in just 10 years’ time. [CNN]

Supertanker (US Navy photo, Wikimedia Commons)

¶ “Exxon Pressure Tactics On Potential Witnesses May Breach Ethical Boundaries” • A suit by the State from New York claims Exxon misled its investors on climate change to their financial detriment. Exxon wrote to several key investors to ask if they plan to testify. If the answer is yes, Exxon says it will serve them with subpoenas. [CleanTechnica]

Science and Technology:

¶ “Change Food Production And Stop Abusing Land, Major Climate Report Warns” • Humans have damaged around a quarter of the ice-free land on Earth, a major report from the UN’s Intergovernmental Panel on Climate Change (IPCC) warned. It stressing that further degradation must be stopped to prevent catastrophic global warming. [CNN]

Industrial farming (Andre Penner | AFP | Getty Images)

¶ “Climate Change Food Calculator: What’s Your Diet’s Carbon Footprint?” • Switching to a plant-based diet can help fight climate change, according to the report by the UN’s IPCC. It says the West’s high consumption of meat and dairy is fuelling global warming. To find out the climate impact of what you eat and drink, use our calculator. [BBC]

World:

¶ “Expanded Shanghai Free Trade Zone Will Include Tesla Gigafactory 3” • Instead of bowing to Trump on the trade war, China elected to refocus its attention on expanding its business relationship with other countries to make up for diminished exports to the US. So it expanded Shanghai’s Free Trade Zone. And Tesla’s Gigafactory 3 is in it. [CleanTechnica]

Tesla Model 3 in Shanghai (Jengtingchen, Wikimedia Commons)

¶ “India Issues 1.2-GW Renewable Energy Storage Tender” • The Solar Energy Corporation of India has offered developers a new renewable energy tender for a capacity of 1.2 GW equipped with energy storage. According to tender conditions, developers can set up wind, solar, or hybrid projects for sizes ranging from 50 MW to 300 MW. [CleanTechnica]

¶ “Enel Fires Start Gun On Spanish Wind Build” • Enel Green Power has started construction of the Los Arcos wind farm in Spain. The €35.5 million project is located in Malaga, and is expected to be fully operational in the last quarter of 2019. Its ten turbines will each have about 3.5 MW of capacity, but details on the supplier were not given. [reNEWS]

Wind turbine (Image: Enel Green Power)

¶ “Japan’s TEPCO Establishes Separate Renewables Company” • Japanese electric utility TEPCO has announced its decision to establish a separate company to manage its renewable energy generation activities. TEPCO hopes to develop renewable energy projects with a total capacity of up to 7,000 MW in Japan and worldwide. [Kallanish Energy]

¶ “Chile To Reach 50% Renewable Energy By 2030” • Renewable energy is expected to comprise 50% of Chile’s power mix by 2030, according to GlobalData, a leading data and analytics company. In 2018, the share of non-hydro renewable power reached 19% of the power mix and is expected to exceed 50% of the power mix by 2030. [Electric Light & Power]

Wind farm

¶ “Power Purchase Agreements Sacrosanct, Can’t Be Reviewed” • The Union Minister of State for Power and New and Renewable Energy, RK Singh, said that PPAs are sacrosanct and that no such agreement can be reviewed. He spoke about the recent row over renewable power tariff renegotiations proposed by the Andhra Pradesh government. [The New Indian Express]

¶ “Japan To Resume Effort To Tackle Contaminated Water Problem At Fukushima” • Japan is resuming efforts to disperse a build-up of contaminated water at Fukushima Daiichi, which is stalling progress on cleaning up the site. A panel of experts will meet for the first time in eight months to consider options to get rid of the water the government said. [Japan Today]

Fukushima Daiichi water tanks (Photo: Reuters)

US:

¶ “Energy Innovation Report Claims Fuel Economy Rollback Will Cost Americans Big Bucks” • Energy Innovation studied the financial and environmental impacts of the Trump emissions rollback for automobiles. It concluded in a report that the administration’s plan will cost consumers billions while adding significantly to carbon emissions. [CleanTechnica]

¶ “Organic Valley Goes 100% Renewable Like Nobody Has Before” • Organic Valley joined the club of companies that committed to 100% renewable power, but with a difference. Instead of a rooftop installation or buying energy credits, it has entered into PPAs with ten Wisconsin community solar projects, totaling 32-MW. [pv magazine USA]

Renewable energy (Organic Valley image)

¶ “Study Shows How US Can Maximize Benefits Of Waste-Derived Fuels” • The US could produce enough energy each year by harnessing waste, largely bio-waste, to power the states of Oregon and Washington, all while cutting the equivalent of 37 million cars’ worth of carbon. That is according to research published in Nature Energy. [Biomass Magazine]

¶ “NY Wraps Up Offshore Transmission Study” • New York Power Authority has published a report based on lessons learned from European offshore wind transmission models. The report will help guide New York state as it achieves its 9-GW offshore wind target by 2035 and will also inform regional and national offshore wind development. [reNEWS]

Have a simply magnificent day.

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