February 3 Energy News

February 3, 2021

Opinion:

¶ “Mission Possible Partnership: Joining Forces to Decarbonize Heavy Industry” • How should investors with net-zero ambitions evaluate potential investments? What standards can be used to judge decarbonization plans? RMI’s Center for Climate-Aligned Finance was set up to help investors and clients together to solve the decarbonization puzzle. [CleanTechnica]

Heavy industry (Ant Rozetsky, Unsplash)

¶ “China’s EV Infrastructure Massively Outclasses EV Charging Coverage In USA” • For the US, the world’s wealthiest country, it’s embarrassing that Chian would have such good EV charging coverage while there are many parts of the US that most EVs couldn’t get to. We really should be a lot further along in our infrastructure. [CleanTechnica]

¶ “The Upcoming Aptera (And Other Future 1,000-Mile EVs) Can Do London-Moscow-Beijing” • Readers helped the author find data on China’s DC Fast Charging infrastructure, and with that, she was ready to find out if a vehicle like the Aptera could drive across all of Eurasia, from London to Moscow, and then across Asia to Beijing. [CleanTechnica]

Screenshot from A Better Routeplanner

¶ “Moon’s Nuclear Phaseout Policy Eroded By Suspected Reactor Project: Korea Herald” • In South Korea, President Moon Jae-in’s administration has come under suspicion of having pushed for a plan to build a nuclear power plant for North Korea in 2018, when Mr Moon held a string of summits with the North’s leader Kim Jong-un. [The Straits Times]

World:

¶ “Tesla May Receive €1 Billion From Germany For Giga Berlin’s Battery Cell Production” • Tesla is slated to be on the receiving end of €1 billion in subsidies for the Giga Berlin plant. According to Business Insider, “several government sources” said that Tesla will be granted the €1 billion in public subsidies for continuing to develop battery cells. [CleanTechnica]

Tesla Giga Berlin (Tesla image)

¶ “Volkswagen Predicts 100,000 ID.4 Deliveries This Year” • The ID.4 is now in production at the Zwickau factory in Germany and the Anting and Foshan factories in China. Volkswagen says it expects to deliver 100,000 of them this year. Europe will account for two thirds of those deliveries, with China and the US getting the remaining one third. [CleanTechnica]

¶ “Norway’s Best Ever January At 81% Plugin Electric Vehicle Share” • Norway, the world’s leading nation in the electric vehicle transition, saw 80.7% plugin share in January, significant growth from the 64.4% of a year ago. The overall auto market was up 7.7% in volume year-on-year. The Audi e-tron and Peugeot e-2008 were best sellers. [CleanTechnica]

Peugeot e-2008 (Image courtesy of Peugeot)

¶ “Enel Wins In Italy’s Latest Renewable Energy Auction” • Enel Green Power won contracts to build new renewable energy projects and to repower existing plants in Italy’s latest renewable energy auction. The company won contracts to build 34.5 MW of new renewable capacity to repower 27.2 MW of hydroelectric plants. [Power Engineering International]

¶ “Sustainable Marine Unveils Floating Tidal Energy Platform” • Sustainable Marine is set to deliver the world’s first floating tidal energy array with its next-generation platform in Nova Scotia. Construction of the 420-kW PLAT-I 6.40 floating tidal energy platform has recently been completed and it was launched in the Bay of Fundy. [Renewable Energy Magazine]

PLAT-I 6.40 (Sustainable Marine image)

¶ “Al Kharsaah PV Power Plant Will Help Diversify Qatar’s Energy Mix And Reduce Emissions” • Hitachi ABB Power Grids won a contract for the 800-MW Al Kharsaah PV power plant, which will be integrated with Qatar’s national grid. The new Al Kharsaah plant is Qatar’s first large-scale solar power generating project. [MEConstructionNews.com]

US:

¶ “New Flyer Xcelsior AV Is America’s First Autonomous Bus” • American bus manufacturer New Flyer recently took the wraps off an all-new battery-electric model it’s calling the Xcelsior AV. The thing that makes this bus special, however, isn’t what’s under the Xcelsior AV’s hood. Rather, it’s what’s behind the steering wheel: nothing. [CleanTechnica]

New Flyer Xcelsior AV

¶ “US Wind Generation Sets Daily And Hourly Records At End Of 2020” • In the final months of 2020, electricity generation from wind turbines in the US set daily and hourly records. Data collected in the EIA’s Hourly Electric Grid Monitor show an hourly record set on December 22 and a daily record set on the following day. [CleanTechnica]

¶ “US Set To Add More Than 170 GW Of Renewable Energy Capacity By 2024” • Newly released data by S&P Global Market Intelligence found that the US is on track to add 172.5 GW of renewable energy capacity through 2024. That total is comprised of 96.8 GW from solar power projects and 75.7 GW from wind power projects. [ThomasNet News]

Wind turbine (Alyssa Bossom, Unsplash)

¶ “Piper Sandler: Tesla Is Worth Over $1 Trillion” • An analyst at Piper Sandler, Alexander Potter, has raised his price target of Buy-rated Tesla stock by over 130% to $1,200, a report in Barron’s says. That is up from a $515 target set in September when Tesla’s shares were trading around $440. At $1,200, Tesla would be worth $1.1 trillion. [CleanTechnica]

¶ “Hanover Votes To Join Municipal Energy Coalition To Cut Electricity Costs; Lebanon May Follow Suit” • Officials in Lebanon and Hanover, New Hampshire, are leading efforts to form a coalition of towns and cities that would offer lower-cost and environmentally friendly power to residents across the Granite State. [Valley News]

Have a categorically awesome day.

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