April 20 Energy News

April 20, 2020

Opinion:

¶ “Covid-19 Could Be The End Of Globalization As We Know It” • The world we knew seems to have disappeared, only to be replaced by a strange new world where funerals and weddings occur virtually online. Work, if there is any, is done at home on a computer, people wear masks when they leave home, and time alone is the new normal. [CleanTechnica]

Maersk Container ship (Image credit: Maersk)

¶ “Climate crisis will deepen the pandemic. A green stimulus plan can tackle both” • The Covid-19 epidemic is ravaging both our healthcare system and our economy. We’re also facing the climate emergency. We need a Green Stimulus that creates jobs but also reduces carbon pollution, increase resiliency, and develops a just, modern economy. [The Guardian]

World:

¶ “TenneT Launches 2-GW Cable Project” • TenneT contracted with an international group of cable suppliers to develop a new 2-GW submarine cable connection for offshore wind projects planned off the Dutch and German coasts. The project will deploy a 525-kV high-voltage distributed current extruded submarine cable system. [reNEWS]

Cable on a ship (Image: LS Cable)

¶ “Renewables To Provide A Fast Response To Covid-19 Says IRENA” • The African Union has partnered with the International Renewable Energy Agency to advance renewable energy and bolster Africa’s response to Covid-19. Adopting renewables faster will make it easier for communities and rural health centers to deal with health challenges. [Smart Energy]

¶ “Virus Leaves SA’s Green Energy Plans In Disarray” • South Africa’s independent energy producers were just starting to make headway on getting the government to revive long-stalled plans to buy more renewable power. Then they encountered a new obstacle: the coronavirus. They were to address rolling blackouts. Now there is no demand. [Moneyweb.co.za]

Solar array (Shutterstock image)

¶ “Green Energy Investment Could Turbo-Charge Economic Growth Post-Covid, Expert Body Declares” • A report from the International Renewable Energy Agency says investment in renewable energy could turbo-charge economic growth in the aftermath of Covid-19, leaving populations richer, healthier, and safe from future climate risks. [iNews]

¶ “Tasman Powers On With Waimea Hydro Dam” • On New Zealand’s South Island, the district of Tasman is powering ahead with an idea to build a hydro electricity station on the Waimea Community Dam. It was one of several “shovel ready” projects that a collaboration of Nelson-Tasman hopes to fund to get the economy moving again. [RNZ]

Site of the Waimea Dam (Tracy Neal | RNZ)

¶ “How Uranium Has Surged 31% To Become The World’s Top Commodity Amid Shutdown” • While most commodities are getting hammered by the Covid-19 pandemic, uranium prices are climbing. The cost of the metal for nuclear fuel has gone up 31% this year, spurred by mine shutdowns while demand from power plants is relatively stable. [ThePrint]

¶ “Fossil Fuel Lobby To Use Covid-19 To Push For Weaker Climate Laws” • In findings published in the journal Regulation and Governance, Australian researchers warn that governments and powerful business lobby groups may use the Covid-19 crisis to water down environmental controls, to the advantage of the fossil fuel industry. [RenewEconomy]

Tender barge and rig

US:

¶ “Ford Closes Some Plants “Indefinitely”” • Earlier this month, Ford plants that are closed due to Covid-19 were supposed to reopen on April 14. Ford has now announced that several of its North American production facilities are closed indefinitely. The one exception is a plant where United Auto Workers volunteers are making ventilators. [CleanTechnica]

¶ “US Oil Prices Drop To 21-Year Low As Demand Dries Up” • The price of a barrel of West Texas Intermediate dropped 14% to $15.65 in Asian trading, its lowest level since 1999. Earlier this month, OPEC and its allies had agreed a record deal to reduce global output by about 10%. But some analysts said the cut was not big enough to make a difference. [BBC]

Oil rig (Getty Images)

¶ “Cities Are Closing Streets To Cars During Stay-At-Home Orders” • Cities all over the US are closing down streets to traffic during the coronavirus pandemic to encourage people to stay home. In Oakland, California, 74 miles of streets are open only to pedestrians and cyclists. Boston, Minneapolis, and Louisville are also bringing car-free roads to life. [CleanTechnica]

¶ “sPower Raises Tax Equity For 620 MW Of Solar In Virginia” • Renewable power producer sPower has secured $350 million (€321.8 million) in tax equity for a 620-MW solar park that it is currently building in Virginia. The Spotsylvania Solar Energy Center will come online in stages, starting this year and ending in 2021. [Renewables Now]

Have an excitingly gorgeous day.

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