October 28 Energy News

October 28, 2019

Opinion:

¶ “Why Is Tesla Now The Most Valuable American Automaker?” • I cannot speak for the rest of the $58.78 billion market cap of Tesla, but from my perspective as a tiny shareholder who has covered Tesla professionally for several years, I’ve got a few thoughts on why it is Tesla has become the most valuable American automaker. [CleanTechnica]

Driving on Sunshine

¶ “Nuclear Power In France: Imagining The Industry’s Future” • The Flamanville reactor has raised crucial questions about the future of nuclear power. In 2007, final cost was estimated at €3.3 billion, and the plan was for the plant was to open in 2012. EDF has just annonced costs now estimated at €12.4 billion, with commissioning in 2022. [MENAFN.com]

Science and Technology:

¶ “Renewable Power Developers Discover More Energy Sources Make Better Projects” • Hybrid power projects that combine energy sources are a growing trend. Solar only works during the day and wind only when it is windy but by combining them, especially with battery storage or other backup, power can be more reliable and predictable. [CTV News]

Cows and windpower (Charlie Riedel | AP | The Canadian Press)

World:

¶ “112 EV Charging Stations To Be Installed Around Iceland” • A grant of over ISK 30 million ($240,463) will help shift Iceland to EVs by increasing charging infrastructure. The grant will be used for installation of 110 charging stations. The project is part of the government’s action plan on climate change and infrastructure development. [CleanTechnica]

¶ “BHE Canada Seeks Approval For 117.6-MW Zero-Subsidy Alberta Wind Project” • BHE Canada, a unit Berkshire Hathaway Energy, submitted its application for the construction and grid-connection of the 117.6-MW Rattlesnake Ridge wind project in Alberta. The C$200 million ($153.2 million) project is not seeking government subsidies. [Renewables Now]

Wind farm (Author: fantastklywell)

¶ “Up To 27 Coal-Burning Power Plants To Suspend Operation To Reduce Fine Dust” • The South Korean government decided to suspend operations of up to 27 coal-fired power plants during the period of December to March, when high-density fine dust usually blankets the country. The plan is also to ban old cars from the streets during the period. [NewsworldKorea]

¶ “Youth File Lawsuit Against Federal Government For Lack Of Climate Plan” • In a lawsuit filed Friday, fifteen young Canadians asked the Federal Court to compel the Canadian government to develop a climate recovery plan using the best available science. They claim that the effects of climate change are already giving them medical problems. [National Observer]

Parties to the lawsuit (Canadian Press photo)

¶ “Tesco Expands Its Solar Capacity With New 5 MW PPA With EDF” • EDF Renewables three new power purchase agreements with supermarket giant Tesco, to provide a total of 60 MW of power. A deal to build 17 roof mounted PV systems is included. The solar installations will be made up of 15,000 solar PV panels, with a capacity of 5 MW. [Solar Power Portal]

Australia:

¶ “Crookwell 3 Wind Farm Blocked As NSW Seeks To Protect Coal Mine Developments” • The New South Wales Independent Planning Commission has blocked the proposed 102-MW Crookwell Stage 3 wind farm, refusing to give planning consent to the project while citing concerns about visual impacts. NSW is also planning to protect coal mines. [RenewEconomy]

Landscape with wind farm

¶ “NSW, Canberra Finally Wake Up To Grid Needs Ahead Of Liddell Coal Closure” •  The New South Wales and federal governments have finally seen the need for more transmission capacity. They announced funding for an upgrade to the link between NSW and Queensland to be completed before the Liddell coal station closes in 2023. [RenewEconomy]

¶ “A$73 Trillion Will Be Required To Stop Climate Change.” • According to the latest analysis by investment bank Morgan Stanley, halting climate change will require $50 trillion (A$73 trillion) of investment. It said five key areas will be required: renewable energy: EVs, clean hydrogen, biofuels and carbon capture and storage. [Business Insider Australia]

Offshore wind farm (Axel Schmidt | Getty Images)

US:

¶ “Pressure From Hirono Leads To Investigation Into ‘Suppression Of Science’ At USDA” • An investigation is looking into “potential suppression and alteration of scientific reports, documents, and communications by political employees” at the USDA, Sen Mazie Hirono announced. Nineteen democratic senators requested the probe in June. [Maui Now]

¶ “The NBAA Pushes Electric Air Mobility In The Las Vegas Limelight” • At the National Business Aviation Association convention in Las Vegas, the exhibition outdid itself this year. Electric urban air mobility was present with numerous players. What was different? This wasn’t the timid show of electric UAM shows of the past. [CleanTechnica]

Airbus Vahana eVTOL Display (Photo by Nicolas Zart)

¶ “How The Military Will Spark The Death Of Fossil Fuels” • While partisan debates continue to rage about climate change, carbon taxes, and Greta Thunberg, one of the world’s largest and most powerful organizations has quietly been leading the charge for new clean energy technologies. It is the US Department of Defense. [OilPrice.com]

¶ “Flirting With Disaster: Flood Zones Still Uninsured Years After Sandy” • Seven years after Superstorm Sandy deluged New York City, more than eight out of 10 properties in coastal areas the federal government deems extremely vulnerable to the next disaster are without flood insurance, an investigation by THE CITY found. [THE CITY]

Have a fantastically beneficial day.

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