April 8 Energy News

April 8, 2020

Opinion:

¶ “Rock Bottom: How COVID-19 Has Shattered The Oil Industry” • The spread of Covid-19 poses a significant threat to the global oil and gas industry. The increasingly drastic action taken to reduce the spread of the virus interferes with many of the sector’s key processes, and the uncertainty of the pandemic only worsens market difficulties. [Offshore Technology]

Pump jack in Oklahoma (Image: Gina Dittmer)

¶ “Oil Companies Are Collapsing, But Wind And Solar Energy Keep Growing” • A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and solar farms. But that is not what is happening. [Salt Lake Tribune]

¶ “Renewable Energy Is Winning Over Oil And Gas In A Post-Coronavirus World” • With the rapid spread of the coronavirus wreaking social and economic havoc across the globe, it may seem that climate change has dropped off the radar screen. The coronavirus will end, however, and before it does, it is likely to change the market dynamics. [Arab News]

Wind farm (Shutterstock image)

Science and Technology:

¶ “Synthetic Gas Instead Of Fossil Energy” • There is one major challenge in converting our energy system to purely renewable energy sources: the winter supply gap. The conversion of surplus summer electricity into synthetic gas offers a way of ensuring that renewable energy could be available in sufficient quantities during the winter months. [Chemie.de]

¶ “Behold The Potassium And Proton Batteries Of The Future!” • With hundreds of labs around the world working to find cheaper, safer batteries, reports of breakthroughs are common. Here are two that were announced recently. One uses potassium, instead of lithium. The other is an organic battery based on hydrogen ions or protons. [CleanTechnica]

Proton battery (Image credit: Uppsala University)

World:

¶ “Tesla Model 3 Jumps To Number 1 Among All Autos In The Netherlands” • Despite the coronavirus-related slowdown in the second half of March, the Dutch plug-in EV market had a positive sales month, with 5,102 plug-in registrations, up 8% year over year. By contrast, the overall market was down 25% YoY. The EVs were led by the Tesla Model 3. [CleanTechnica]

¶ “It’s Happening: Airspeeder Flying Car Company Gets Cash Infusion” • Alauda’s Airspeeder flying cars are going to happen. What’s more, they’re going to happen somewhat sooner than later thanks to a seven-figure round of fundraising. Alauda’s basic premise that racing improves the breed, so it started with a flying car that can compete in races. [CleanTechnica]

Alauda’s Airspeeder taking off (Alauda image)

¶ “Switzerland Renews Support For Renewables” • The Swiss government has decided to extend its incentives for renewable energy projects, while it is also adjusting them to promote greater competitiveness. In addition, it plans to replace feed-in tariffs for large-scale solar installations with a new auction mechanism. [pv magazine International]

¶ “Spain Targets Huge New Wind And Solar Additions As Part Of Stunning Renewables Plan” • Spain has set goals of a stunning 74% of its electricity and 42% of its total energy from renewables by 2030, in its new National Energy & Climate Plan. The plan, which it has submitted to the EU, calls for annual additions of 2 GW of wind and 3 GW of solar capacity. [RenewEconomy]

Wind turbine (Siemens Gamesa image)

¶ “Siemens And Uniper Set Their Sights On Green Hydrogen Opportunity” • Uniper and Siemens Gas and Power have signed a cooperation agreement to develop projects that decarbonize power generation across the portfolio of the German energy producer. A key aspect of the companies’ planned cooperation is production and use of green hydrogen. [reNEWS]

US:

¶ “ICON 3D Printed Homes For The Homeless Now Available In Austin” • ICON has created a unique 3D printer that can create an entire home in about 24 hours using a patented material. Now the company, in cooperation with local nonprofit Mobil Loaves & Fishes, is building an entire community for homeless people in the Austin area. [CleanTechnica]

ICON 3D printed homes (ICON image)

¶ “Danish Pension Funds Buy 50% In 594 MW Of Longroad PV Projects” • Longroad Energy secured the funding it needed to start building its 215-MW Little Bear Solar complex in California. It sold a 50% of the equity interests in the Little Bear project and the Prospero I project, which is under-construction in Texas, to two Danish pension funds. [Renewables Now]

¶ “IEA Breaks Ground On 25 MW Solar Construction Project In Georgia” • Infrastructure and Energy Alternatives announced it has begun construction on the 25-MW Appling Solar Farm, which Silicon Ranch Corporation is developing in southeastern Georgia. To avoid pandemic exposure, job applications will be taken online. [Renewable Energy Magazine]

Solar farm (Courtesy of Silicon Ranch)

¶ “BayWa Secures US Tax Backing For 250-MW Amadeus” • BayWa Wind has secured a tax equity commitment for its 250-MW Amadeus wind project from a consortium led by GE Energy Financial Services, according to Rubicon Capital Advisors. The project is under construction, and completion is expected in the fourth quarter of 2020. [reNEWS]

¶ “TVA Signs Nuclear Research MOU With University Of Tennessee On Advanced SMR Technologies” • In its latest move toward possibly embracing next-generation nuclear technology, the Tennessee Valley Authority has signed a memorandum of understanding with the state’s largest university to study it together. [Power Engineering Magazine]

Have a grandly proceeding day.

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