Archive for August 12th, 2019

August 12 Energy News

August 12, 2019

Opinion:

¶ “Power Technology Too Expensive, Too Dangerous: The Accusations Tightening The Noose Around Nuclear Power” • For all the promises of nuclear power, its cost and its devastating accidents have made many sceptical of its benefits. JP Casey speaks to Shaun Burnie, senior nuclear specialist at Greenpeace Germany. [Power Technology]

Greenpeace activists in Germany (Credit: Conxa Roda)

World:

¶ “IFC, MIGA Ink Deal For 252-Mw Wind Farm In Egypt” • IFC and MIGA, World Bank Group members, signed an agreement to support the development of a 252-MW wind farm by Lekela in Egypt’s Red Sea governorate. In a statement, the IFC noted that it will provide $84 million in financing while MIGA will offer $122 million in financial guarantees. [ESI Africa]

¶ “Macquarie Buys $1.77 Billion Stake In Mammoth UK Offshore Wind Farm” • Australia’s Macquarie Bank made a £1 billion deal for a stake in what is to be one of the UK’s largest offshore wind farms, UK media reports. Information is scarce, but it appears that Macquarie will have just short of a controlling stake in the 714-MW East Anglia ONE development. [RenewEconomy]

Offshore wind farm under construction

¶ “Australia Coal Use Is ‘Existential Threat’ To Pacific Islands, Says Fiji PM” • The prime minister of Fiji has warned Australia to reduce its coal emissions and do more to combat climate change as regional leaders prepare to gather in Tuvalu ahead of the Pacific Islands Forum this week. He referred to the emissions as an “existential threat” facing Pacific nations. [The Guardian]

¶ “Vattenfall Builds Hybrid Renewables Plant” • Vattenfall is developing its first wind-solar-battery power plant in the Netherlands. The developer has decided to build a PV system and a battery at its Haringvliet onshore wind project site, in the Goeree-Overflakkee region of South Holland. The plant will be online in the second half of 2020. [reNEWS]

Solar and wind power (Vattenfall image)

¶ “TEPCO Toughens Stance Toward Nuclear Disaster Damages Settlement” • TEPCO has become significantly more reluctant since last year to accept a government body’s recommendations for a settlement of damages claims by people affected by the Fukushima nuclear disaster, government officials and lawyers involved said. [Japan Today]

Australia:

¶ “Stunning Low Costs Inspire Alinta To Ramp Up Renewables Push, Flag Early Coal Exit” • Australian utility Alinta Energy is ramping up its push into renewables, citing stunning low costs that will enable dispatchable wind and solar to compete with existing fossil fuel plant. It is increasing its renewable target from 1,000 MW to 1,500 MW. [RenewEconomy]

Artist’s impression of Yandin wind farm (Image supplied)

¶ “State Backs Community Solar Plan To Take Victoria Town 100% Renewable” • A community-driven solar project that aims to make the western Victoria town of Natimuk 100% renewable powered won state government funding. The Andrews Labor government said it awarded a grant of $339,000 for the town’s 1.6-MW solar farm. [One Step Off The Grid]

¶ “Huge Bango wind farm gets underway, to provide cheap power to Snowy Hydro” • Renewable energy developer CWP Renewables announced the start of construction of the 244-MW Bango Wind Farm, to be built in the Southern Highlands region of NSW. It is the third NSW project in which CWP Renewables partnered with Partners Group. [RenewEconomy]

Wind turbines on a cattle farm

US:

¶ “Tesla Model 3 Had 3% of US Car Sales in 1st Half of 2019” • The Tesla Model 3 accounted for 1% of all US vehicle sales. But that market includes everything from pickup trucks to buses, and cars are only about a third of the overall vehicle market. So the Tesla Model 3 took 3% of the US car market in the first half of the year. [CleanTechnica]

¶ “Over 50 Coal Power Plants Closing Each Year” • Power companies are forecasting to retire coal facilities that currently offer about 17 GW of capacity by 2025. Shuttering these plants is a complex, multi-year process that includes decommissioning, remediation, and redevelopment. Last year, 13 GW of coal-burning capacity was shut down. [ThomasNet News]

Coal-burning power plant (Credit: Kodda | Shutterstock)

¶ “Company: Coal Mine To Cease Production” • A Kentucky mine that employs about 200 people is slated to stop producing coal within a week. Alliance Resource Partners LP announced that Dotiki Mine will close starting August 16. The Oklahoma-based company said it’s focusing on production at lower-cost Illinois Basin mines. [messenger-inquirer]

¶ “‘Coal Is Over’: The Miners Rooting For The Green New Deal” • The coal industry in Appalachia is dying. It is something that people there know better than anyone. Some in this region are pinning their hopes on moving on to alternative solutions, including rising Democratic star Alexandria Ocasio-Cortez’s Green New Deal. [The Guardian]

Have an altogether excellent day.

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