Archive for January 23rd, 2021

January 23 Energy News

January 23, 2021

Opinion:

¶ “Volkswagen’s Plan To ‘Kill Off Tesla’ Ain’t Happening – But We Need Volkswagen EVs To Succeed” • The Wall Street Journal published an article detailing how Volkswagen’s plan to beat Tesla “short-circuited.” The plan involved spending almost $50 billion up to the launch of the ID.3, but the technology VW promised just wasn’t there. [CleanTechnica]

Volkswagen ID.3

¶ “Tesla Model Y, KIA, Canoo – All The EV News That Fits, We Print” • 2021 is likely to be the year that the EV revolution goes mainstream. Tons of new models are coming to showrooms and investment in charging infrastructure is expanding rapidly. It was once that any EV news was turned into an article. But now our inbox is filled. [CleanTechnica]

¶ “What Is Green Hydrogen, How Is It Made And Will It Be The Fuel Of The Future?” • Abundant, cheap, and clean-burning hydrogen has long been described as the fuel of the future. And “green hydrogen,” which is made without fossil fuels, has been identified as a clean energy source that could help bring the world to net-zero emissions. [ABC News]

Green hydrogen (Rh2network, CC-BY-SA 3.0)

¶ “Why Is Chevrolet Offering 0% Financing On Used EVs?” • Car and Driver confirmed with Chevrolet that it is offering financing at 0% not only for new Bolt EVs, but also for certified pre-owned Bolts and even Volts. There are obvious reasons to offer big incentives on the new Bolts, but reasons to stimulate the used market are worth a look. [CleanTechnica]

Science and Technology:

¶ “Geothermal Energy Is Least Land-Use Intense Source Of The Renewable Energy Technologies” • It is important to understand how much land is required to build and operate electric power generating operations. A study says geothermal energy is by far the least land-use intensive source of electricity generation from renewable energy sources. [ThinkGeoEnergy]

Geothermal plant in Iceland (Tommy Kwak, Unsplash)

World:

¶ “UK Solar Capacity Grows By 545 MW In 2020” • An analysis by Solar Energy UK and Solar Media Ltd shows that last year, the first full subsidy-free calendar year, saw 545 MW of new solar PV capacity deployed in the UK. This is a 27% year-on-year increase from 2019. Of the new capacity, 60% was ground-mounted and 40% on rooftops. [Renewable Energy Magazine]

¶ “As Climate Change Push Grows, Japanese Firms Accelerate Shift To Renewable Energy” • With Japan announcing a goal to become carbon neutral by 2050 and the US getting back into the Paris Agreement, the momentum toward curtailing climate change is growing. And Japanese businesses are pushing plans to switch to renewables. [The Japan Times]

Cherry blossoms and Mt Fuji (Catriona Palo, Unsplash)

¶ “Renewable Energy Critical Driver Of Africa’s Post-COVID-19 Recovery And Prosperity” • The panelists in a 2021 UK Africa Investment Summit event said renewable energy will be a critical driver of Africa’s post-Covid-19 growth recovery and economic prosperity. They called for a stronger partnership between the United Kingdom and Africa. [Nairametrics]

¶ “‘Pushing For Nuclear Power In Ghana Is Wasteful And Ill-Advised’ – IES” • According to the Institute for Energy Security, the government of Ghana trying to introduce nuclear in the country is of concern, especially considering that countries like Italy, Spain, and Germany are moving away from nuclear power due to its complication. [Modern Ghana]

Nuclear power plant (Frédéric Paulussen, Unsplash)

US:

¶ “Biden Revs The Executive Branch’s Climate Engine After Four Lost Years” • President Joe Biden gave an inaugural address that outlined the country’s many challenges he must face as the leader of its executive branch. The bulk of the speech carried a demand for unity and for truth as we tackle the “cascading crises of our era.” [National Audubon Society]

¶ “Elon Musk Contributing $100 Million To Discover Carbon Capture Technology That Works” • We had been relegating carbon capture to charlatans and sorcerers. But now Elon Musk, the wealthiest man in the known universe, says he is donating $100 million as a prize for whoever can come up with the best carbon capture technology. [CleanTechnica]

Elon Musk being himself (Credit: Elon Musk via Twitter)

¶ “In Switch, Chamber Of Commerce Endorses Climate Action, Possible Carbon Tax” • The Chamber of Commerce embraced tougher action to combat climate change through carbon taxes, emissions caps or other “market-based” policies. The nation’s biggest business lobbying group is pivoting to a Washington dominated by Democrats. [The Keene Sentinel]

¶ “Wedbush Believes Tesla Could Exceed 1 Million Deliveries In 2022” • Wedbush’s Tesla analyst, Daniel Ives, thinks that Tesla shares should have more charge left in the battery, Nasdaq reports. Ives raised the price target on TSLA from $715 to $950 and centered his thesis on China. Consumer demand for Tesla in China has grown exponentially. [CleanTechnica]

Telsa’s Fremont factory (Tesla press image)

¶ “Texans Can Save Hundreds of Dollars Annually With A Switch to Renewable Energy” • Texas Power Switch is working with cities to offer residents a no-cost, no-obligation way to lower their electricity bills through the power of group buying. Registration is free and Texas Power Switch negotiates the switch with no obligations by the customers. [Focusdailynews]

¶ “Huizenga Named Acting Secretary For Biden-Era DOE; Glick Chairing FERC” • David G Huizenga will be Acting Secretary of Energy. He is known as an expert on the issues of nuclear waste and nonproliferation. Also, commissioner Richard Glick replaces Trump appointee James Danly as chairman of FERC. Danly will stay on as a commissioner. [Power Engineering Magazine]

Have a notably splendid day.

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