April 2 Energy News

April 2, 2020

Opinion:

¶ “The World Could Soon Run Out Of Space To Store Oil. That May Push Prices Below Zero” • The unprecedented collapse in oil demand has sent crude to 18-year lows, and yet a trade war between Saudi Arabia and Russia keeps the oil coming. With all that supply and little demand, The world will soon run out of room to store all the unneeded oil. [CNN]

Neighborhood pump jack (David McNew | AFP | Getty Images)

World:

¶ “Coronavirus Forces Postponement Of COP26 Meeting In Glasgow” • A key climate summit in Glasgow will be delayed until next year due to disruption caused by the coronavirus. The announcement was made in a joint statement from the UK and UN. The COP26 gathering was set to begin in Glasgow this year on November 9. [BBC]

¶ “Liebherr Releases First All-Electric Cement Mixer” • Swiss construction firm Liebherr recently announced an all-electric first for heavy-duty construction sites. Meet the ETM – a five-axle semi truck mixer based on the new 670 HP all-electric Volvo FM. It’s the world’s first mixer that is 100% electric, and it’s 100% awesome. [CleanTechnica]

Liebherr electric cement mixer (Liebherr, via Motorpasión)

¶ “Oil Prices Rise On Hopes Of A Price War Truce” • Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. He said he expected them to “work it out over the next few days” after he spoke to both countries’ leaders. US oil has just seen its worst quarter on record. [BBC]

¶ “50% of Volkswagen up! Buyers Now Buy e-up! in Germany” • The Volkswagen e-up! is one of the cheapest electric vehicles on the market. Throw in the usual operational savings of an electric car and you end up with a compelling total cost of ownership. Volkswagen reports that about 50% of up! sales in Germany are now e-up! sales. [CleanTechnica]

Volkswagen e-up! (Volkswagen courtesy photo)

¶ “Last Coal-Fired Generating Plants Closing In UK And New York” • The end of burning coal to generate electricity is continuing. In the UK, two large coal-fired facilities, with a combined capacity of 3,560 MW have been closed recently. And in the next few weeks, the last coal-fired generating plant in the state of New York, is scheduled to close also. [CleanTechnica]

¶ “Power Ledger To Give French Customers Their Choice Of Energy” • Power Ledger, a peer-to-peer energy trading pioneer from Western Australia, unveiled a project that will allow French customers to customize their energy mix. Green energy retailer eKWateur is partnering with Power Ledger on the project, which is the largest of its type. [pv magazine Australia]

Solar array in France (Power Ledger image)

¶ “GIG Swoops For 80-MW Buheii In Norway” • Macquarie’s Green Investment Group has acquired the 80-MW Buheii wind farm in Norway from RES. The wind farm in Kvinesdal in southern Norway will provide Eramet Norway’s smelters with power via a 17-year power purchase agreement. The project will use 19 Vestas V150 turbines. [reNEWS]

¶ “Renewables Make Up Over Half Of Germany’s Power Mix” • Germany’s target for renewables to deliver 65% of its consumed electricity by 2030 seems on track, with 52% of its electricity coming from renewables in 2020’s first quarter. Renewable energy advocates warn the trend is imperiled by construction slowdowns, however. [Deutsche Welle]

Solar panels in Germany (© S Hoppe | dpa | picture-alliance)

¶ “Cheap Energy Just Shut Down A Nuclear Reactor” • Vattenfall AB’s 44-year-old Ringhals-1 facility will be kept off until at least the end of September, the operator said. It was already down for maintenance, but low electricity prices make it uneconomical to run. The reactor was scheduled to be shut down permanently by the end of December. [Regina Leader-Post]

¶ “Belgians Smash National Offshore Wind Record” • Offshore wind energy met 9% of Belgium’s total electricity demand between November 2019 and March 2020. That is a 50% increase on the annual average in 2019. The figures, which were compiled by the Belgium Offshore Platform, recorded an average monthly production of 639 GWh. [reNEWS]

Vestas V164 wind turbine (Norther image)

US:

¶ “Hawaiian Electric Plans Nearly 1 GWh Of Battery Storage, Mostly From Tesla Megapacks” • Hawaiian Electric, the utility supplying electricity to 95% of Hawaii residents, says it is looking at installing up to 1 GWh of battery storage. The state of Hawaii has set a goal of getting 100% of its electricity from renewable energy sources by 2045. [CleanTechnica]

¶ “Brayton Open For US Offshore Wind Business” • Brayton Point Commerce Center in Massachusetts is open for business for the offshore wind industry. It completed upgrades to support heavy-lift port operations and receive deep-draft vessels at the site. The site will include 1200-MW high voltage direct current converter and 400 MW of battery storage. [reNEWS]

Brayton Point (Commercial Development Company image)

¶ “With Coronavirus, Disruptions To US Energy Storage Supply Chain Come Home” • In the early months of the coronavirus outbreak, the energy storage industry saw production delays in China and South Korea, but as manufacturing restarts there, social distancing and work restrictions in the US have prompted delays of their own. [Morning Consult]

¶ “New Mexico Panel OKs Abandonment Of Coal-Fired Power Plant” • New Mexico regulators approved an application by the state’s largest electric utility, Public Service Co of New Mexico, to abandon its interest in the coal-fired San Juan Generating Station. The state is working toward emission-free mandates and more renewable energy. [US News & World Report]

Have a reliably cheerful day.

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