August 3 Energy News

August 3, 2020

Opinion:

¶ “How To Build A Nuclear Warning For 10,000 Years’ Time” • The Waste Isolation Pilot Project, which was built over 2,000 feet down through stable rocks beneath the desert of New Mexico, is a huge complex of tunnels and caverns designed to contain the US military’s most dangerous nuclear waste. It will be lethal for hundreds of thousands of years. [BBC]

Drums of nuclear waste

¶ “Just How Much Does Tesla Get In Subsidies Anyways?” • A common theme Tesla critics have focused on from time to time for years regarding Tesla is subsidies. The idea from critics is that Tesla is getting billions of dollars of subsidies and that’s why it’s a viable company. Let’s take a look at that thought and see how accurate it really is. [CleanTechnica]

¶ “Who Will Own The Hydrogen Future: Oil Companies Or Power Utilities?” • Within the span of a week, major utilities Iberdrola, Uniper, and NextEra all made big moves into the hydrogen market. But whether utilities will have the ability – or need – to compete with oil companies in the emerging hydrogen market remains an open question. [Greentech Media]

Gas storage facility of German utility Uniper (Credit: Uniper)

World:

¶ “Is Mexican Utility CFE Entering The Solar Business?” • Mexico’s Federal Electricity Commission is seeking approval to develop 350 MW of solar in Baja California. The arrays will be co-sited with the 820-MW Cerro Prieto geothermal project. It remains unclear whether this marks the company’s formal entry into the solar business. [pv magazine International]

¶ “OPEC Struggles To Manage ‘Permanent Demand Destruction'” • The last year has been hard for the oil industry. An oil glut, a coronavirus pandemic, and competition from EVs are all doing their parts to undermine oil. A report by Reuters says some people in oil-producing nations wonder whether we are seeing “permanent demand reduction.” [CleanTechnica]

Ships at anchor, full of oil (PO3 Aidan Cooney | US Coast Guard)

¶ “Envision Commissions Peninsula Wind Farm Project” • Green tech company Envision Group has commissioned the Peninsula Wind Farm project in the Yucatan, with a total installed capacity of 90 MW. The wind farm  is jointly owned and developed by Envision Energy, Mexican developer Vive Energia and Spanish conglomerate ACS. [North American Windpower]

¶ “More Coal Power Generation Closed Than Opened Around The World This Year, Research Finds” • The size of the global coal power fleet fell for the first time on record over the first six months of the year, with more generation capacity shutting than starting operation, according to Global Energy Monitor, a US research and advocacy group. [The Guardian]

Coal (Robert Cianflone | Getty Images)

¶ “China’s Renewable Energy Capacity Up In H1” • China saw a robust growth in renewable energy capacity in the first half of the year, data from the National Energy Administration showed. The generating capacity of PV power increased 20% year on year to 127.8 billion kWh, while that of wind power rose 10.9% to 237.9 billion kWh in H1. [China.org.cn]

¶ “Open Up Offshore Windfarm Subsidy Scheme, Urges Scottish Power” • One of Britain’s biggest wind power developers called on the government to scrap the limit on its next offshore wind subsidy auction to push a green economic recovery, claiming it will not lead to a rise in energy bills but will deliver a “huge wave” of investment and jobs. [The Guardian]

Offshore wind farm (Darren Cool | E.On | PA)

¶ “251 GW Of New Chinese Wind Expected This Decade” • China is expected to add 251 GW of new wind capacity through 2029 but additions will take a 16% hit from next year due to the end of subsidies, according to Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. [reNEWS]

¶ “Ireland ‘On Track’ To Meet 2020 Clean Power Goal” • Ireland is on track to reach its 2020 renewable energy target to get 40% of its electricity from clean power, after a strong second quarter saw wind energy alone deliver 28.5% of the country’s electricity. That is up from 26.1% in the second quarter of last year, and new wind farms are coming online. [reNEWS]

Wind farm (Jonathan Mitchell | IWEA)

¶ “Murra Warra 2 Reaches Financial Close In Oz” • RES and Macquarie’s Green Investment Group have reached financial close for the second stage of the 209-MW Murra Warra Wind Farm near Horsham, Western Victoria, with its sale to global private markets investment manager Partners Group. GE will provide 38 turbines, each of 5.5 MW. [reNEWS]

US:

¶ “As Activists Push NJ To Divest From Fossil Fuels, State Turns To Green-Energy Fund” • New Jersey’s public-worker pension system is committing up to $100 million of its assets to the Stonepeak Global Renewables Fund, a private-equity fund that will invest solely in renewable-energy infrastructure projects around the globe. [NJ Spotlight]

Solar array (Credit: Samuel Faber | Pixabay)

¶ “NextEra Energy Sees Hydrogen As A Zero Emissions Alternative To Natural Gas” • The parent company of Florida Power & Light, NextEra Energy, is eyeing a technology that may help it eliminate all emissions related to the electricity it sells. Hydrogen may be made by electrolysis using renewable energy that would otherwise be curtailed. [CleanTechnica]

¶ “July Was Hottest Month On Record In Portland, Weather Service Says” • July was the hottest month on record in Portland, Maine, sparking conserns about heat related health issues. Portland averaged 73.7°F during the month, 4.6° above normal and 0.6° above July 2019, the previous hottest month, according to the National Weather Service. [Press Herald]

Have an altogether untroubled day.

geoharvey is free and without ads.
Donate with PayPal
geoharvey is not tax-deductible.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: