Archive for December 21st, 2020

December 21 Energy News

December 21, 2020

Opinion:

¶ “Are Post-Covid Recovery Plans Green? Not So Much” • The opportunity to turn a Covid-19 recover stimulus into a strong move away from fossil fuels is widely acknowledged. But in at least 18 of the world’s biggest economies, the recovery plan fiscal packages are directed toward bailouts for oil or new high-carbon infrastructure. [CleanTechnica]

Flaring gas (NOAA image)

¶ “New US Energy Secretary Should Look To Elon Musk For EV Guidance” • President-elect Joe Biden has given the nod for the next US Energy Secretary to a champion for strong renewable energy standards, former two-term Michigan Governor Jennifer Granholm. It might be a wise move on her part to chat up Tesla CEO Elon Musk. [CleanTechnica]

¶ “Coal Continues To Take It On The Chin As Investors Flee” • Not even The Tramp Who Couldn’t Spell Straight was able to save the coal industry. It takes more than tweeting in the wee hours of the morning to save an industry from the creative destruction that is a basic tenet of capitalism. The judgment of the free market is pitiless. [CleanTechnica]

Bluewaters coal-burning power plant (Credit: Bluewaters Power)

Science and Technology:

¶ “Introducing Liquid Wind” • Liquid Wind is a Swedish power-to-fuel company that aims to reach financial close in early 2021 for its first facility. Their process captures carbon dioxide, splits water to get hydrogen, and compresses the two together to make renewable methanol. And that can be used as a fuel in a broad number of applications. [Renewables Now]

World:

¶ “European Union Approves World’s Largest Green Stimulus” • EU lawmakers have agreed to provide a €672 billion recovery fund boost for the EU economy. In it, 37% of the funding has to go to projects that help the climate. Unfortunately, there’s also support in there for such “alternative fuels” as biofuels and gas, and none for electric cars. [CleanTechnica]

Zero-emission truck (Image courtesy of Renault)

¶ “Charging Ahead: Siting EV Charging Stations in Hyderabad, India” • Over 15 Indian states are moving forward with EV plans, which will help reduce India’s chronic air pollution problems and climate emissions while supporting COVID-19 economic recovering efforts. To make the shift, a strong public charging system is needed. [CleanTechnica]

¶ “Renewables Are Driving Down Australian Energy Bills” • The Australian Energy Market Commission’s latest annual Residential Electricity Price Trends report shows that costs are falling as renewables build-out replaces inefficient coal-fired generation. Over 4.2 GW of new renewables capacity are to be built over the next three years. [pv magazine International]

Wind turbine (IHBae, pixabay)

¶ “Statkraft To Construct 63-MW Irish Wind Duo” • Statkraft has a reached a final investment decision to construct the 37.8-MW Cloghan and 25.2-MW Taghart wind farms in Ireland and sell them to Greencoat Renewables. The Norwegian developer will begin construction in early 2021, and will undertake long-term operation and management. [reNEWS]

US:

¶ “Tesla Giga Texas Is Growing At Plaid Mode” • Omead Afshar shared a stunning photo of Giga Texas in which you can see its skeleton coming into shape. The building’s ongoing construction is set against the rolling expanse, under a seemingly endless sky. With so much going on, Tesla could impact the trends of the housing markets in Austin. [CleanTechnica]

Construction at Tesla Giga Texas (Omead Afshar via Twitter)

¶ “Rockefeller Foundation, Created By Oil, Ditches Investments In Oil” • The Rockefeller Foundation, set up in 1913 by John D Rockefeller, has decided to divest from fossil fuels and not make any new investment in the oil industry, the president of the Rockefeller Foundation, Rajiv Shah, told CNN in an interview published on Friday. [OilPrice.com]

¶ “NC Will Pay For Climate Inaction: Report” • A report finds that if steps aren’t taken immediately to fight climate change in North Carolina, its citizens will pay the price of inaction over the next 20 to 30 years. The Environmental Defense Fund commissioned the report to look at the short-term financial ramifications of such a failure. [Coastal Review Online]

Coastal flooding at North Carolina’s Outer Banks (NCDOT photo)

¶ “Montana Regulators Force $285 Million Cleanup Bond on Coal Company” • Montana environmental regulators forced the owners of a power plant to provide a $285 million cleanup bond, a move some local organizations hailed as a conservation victory. But Talen Energy, owner of the Colstrip Power Plant, called the amount “grossly excessive.” [Flathead Beacon]

¶ “Camden Firm Receives $147 Million Grant To Develop Small Nuclear Reactor” • Over the past ten years, Holtec has been developing a small modular nuclear reactor to be built at their facility in Camden, New Jersey. The company said last week that it was awarded a grant of $147.5 million, which it will get over seven years to continue development. [Radio.com]

Have an utterly awesome day.

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