Archive for June 24th, 2020

June 24 Energy News

June 24, 2020

Opinion:

¶ “Global Demise Of Coal-Fired Generation Driven By Idle And Unprofitable Plants” • Baseload power just isn’t what it used to be. The demise of coal is now a global phenomenon that – rather like Covid-19 – is no respecter of borders or governments, with both China and the US grappling with the social and economic impacts of overcapacity. [pv magazine USA]

Sunset at a coal plant (Flickr cc Tony Webster)

Science and Technology:

¶ “The Destructive Power Of Extreme Hail” • Hailstorms have always been a part of life in Kenya, but farmers have noticed the problem worsening. Hail storms are less predictable, and the hailstones are getting bigger. Answering the question of whether extreme hail is linked to climate change is complex. But climate modeling predicts it. [BBC]

World:

¶ “Norway May Achieve Emissions Reduction Goals This Year, Thanks To More EVs And Higher Public Transportation Usage” • Eight years ago, the Norwegian government established carbon reduction goals. This year, for the first time, it may achieve its goals. Preliminary data suggests this emissions will be precisely at the target established in 2012. [CleanTechnica]

EV charging in Norway (Credit: Elbil Norway)

¶ “Scottish Renewables Calls For Funding To Retrain Oil And Gas Workers” • Every gigawatt of renewable power capacity installed in Scotland creates 1,500 jobs and adds £133m of gross value to the economy, according to new research by Scottish Renewables. The industry body urged ministers to establish a Renewable Transition Training Fund. [Holyrood]

¶ “Spain Pushes Clean Energy Decree To Speed Renewable Rollout” • Spain’s cabinet has approved a decree aimed at smoothing the rollout of renewable energy generation, with measures to combat speculation in the market, cut red tape, and overhaul an outdated auction system to reassure investors and lower prices. [Jakarta Post]

Solar and the city (File image, Shutterstock)

¶ “The Surprising Way Renewables Can Help Farmers Cope” • It turns out that with solar panels, even the grass is greener during a drought. That’s the experience of one Australian grazier, who says condensation dripping off the panels arrayed across 55 hectares of his farm provided a moisture source that was the envy of neighbours. [The Sydney Morning Herald]

¶ “Hydrogen Can Meet 50% Of UK Energy Demand By 2050” • Hydrogen can meet up to half of the UK’s final energy demand by 2050 and play a significant role in meeting the country’s net-zero emissions targets, research by Aurora Energy Research shows. Hydrogen can store power produced during the summer for use in winter months. [reNEWS]

Renewables and hydrogen (Credit: APAC Hydrogen Association)

¶ “Renewables Are Increasingly Cheaper Than Coal” • The International Renewable Energy Agency says half of new solar and wind installations undercut fossil fuels in 2019. Many new renewable energy projects are now cheaper than even the cheapest coal-fired power plants. And costs for renewable energy are still falling. [World Economic Forum]

¶ “Canadian Developer Commits To Final Phase Whitla Giant” • Canadian developer Capital Power Corporation is to construct the third phase of the 353-MW Whitla wind farm, in south eastern Alberta. Capital Power has initiated the permitting process for the 54-MW Whitla Wind 3 with the Alberta Electric System Operator. [reNEWS]

Blade installation (Vestas image)

US:

¶ “30% Of Shale Oil Companies Could Go Belly Up If Crude Stays This Cheap” • Muted crude prices, huge piles of debt and capital flight away from fossil fuels threaten a set of bankruptcies for US shale oil companies. About 30% of shale operators are technically insolvent at $35-a-barrel oil prices, according to a study released by Deloitte. [CNN]

¶ “Electric Trucks And Vans From Fiat, Citroen, And Volvo Coming Soon” • The US DOT’s Federal Transit Administration announced some good news at the beginning of June to support for more efficient bus fleets. And New Flyer has announced that it was named as a partner of choice by 12 major transit agencies across America. [CleanTechnica]

New Flyer bus at a charging station (New Flyer image)

¶ “Three Companies That Are Bigger Than The Entire Oil & Gas Industry” • The US oil and gas sector was once worth a combined $3 trillion; now there are three companies with higher valuations than the entire sector. It is worth note that all three – Amazon, Apple, and Microsoft – are tech giants with sizable clean energy investments. [OilPrice.com]

¶ “Amazon Reports 15% Rise In Greenhouse Gas Emissions And Announces $2 Billion Low-Carbon Investment Fund” • Amazon’s total CO₂ emissions increased 15% in 2019, though they declined on the basis of emissions per dollar of sales. The commerce giant continues emissions-reduction efforts, and announced a new $2 billion investment fund. [Seattle Times]

Jeff Bezos (Pablo Martinez Monsivais | Associated Press)

¶ “Icebreaker Appeals Turbine Restrictions Decision” • The Lake Erie Energy Development Corporation appealed a ruling made by the Ohio Power Siting Board on the Icebreaker offshore wind farm on Lake Erie. LEEDCo said the ruling may be “fatal” for the 21-MW project. The company asked the OPSB for a rehearing to reconsider the decision. [reNEWS]

¶ “US DOE Announces $65 Million In New Nuclear Technology Funding” • The US DOE announced more than $65 million for nuclear energy research in areas of technology development, facility access, and infrastructure for 93 advanced nuclear technology projects. The awards fall under three DOE nuclear energy programs. [Power Engineering International]

Have a wonderfully pleasant day.

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