June 3 Energy News

June 3, 2021

Opinion:

¶ “Will Electric Cars Get Cheaper? Definitely!” • With falling costs of producing batteries and dedicated production lines in carmakers’ plants, EVs will be cheaper than gas-powered cars, on average, within the next 6 years. Cost-competitive EVs in the short-term are inevitable, according to Logan Goldie-Scot, head of clean power at BNEF. [CleanTechnica]

Tesla Model 3 (Martin Katler, Unsplash)

Science and Technology:

¶ “Seaweed Can Restore Ocean Dead Zones Caused By Nutrient Run Off” • Fertilizer from US farms washes down rivers and causes the algae blooms that lead to dead zones in the Gulf of Mexico. Researchers at the University of California Santa Barbara say seaweed could soak up lots of the phosphorous and nitrogen, while adding oxygen to the water. [CleanTechnica]

¶ “This New Imaging System Could Be A Game Changer In The Fight To Save Coral Reefs” • Not that long ago, scientists at Hawaii’s Department of Land and Natural Resources-Division of Aquatic Resources, had only two ways of mapping coral reefs: send out divers or gather satellite images. They have a powerful new tool now. [CleanTechnica]

Global Airborne Observatory (Andy DeLisle, ASU
Center for Global Discovery and Conservation Science)

World:

¶ “With 9 GW Of New Solar Power, BP Smacks ExxonMobil Upside The Head” • It seems that BP is not letting the solar power grass grow under its feet. The company reminded everybody that it has set a goal of developing 20 GW of low carbon energy by 2025, announcing a deal that brings it almost halfway towards that goal in one blow. [CleanTechnica]

¶ “Norway’s Plugin EV Transition Continues: 83.3% Share In May With Ford Mustang Mach-E Overall Bestseller” • Norway, the leading country in the electric transport revolution, saw plugin electric vehicles take 83.3% share in May 2021, up from 65.6% in May 2020. The Ford Mustang Mach-E was Norway’s overall bestselling vehicle in May. [CleanTechnica]

Ford Mustang Mach-E first delivery (Image courtesy of Ford)

¶ “China Three Gorges Renewables’ IPO Gets Strong Response From Investors” • The initial public offering of China Three Gorges Renewables Group had a strong response from investors looking to profit from China’s push for carbon neutrality by 2060. The online retail tranche of the IPO was oversubscribed 190 times. [South China Morning Post]

¶ “KEPCO Opens New Renewable Energy Transaction Service” • Korea Electric Power Corp, South Korea’s state-run utility, said that it will launch a new renewable energy transaction service through its energy marketplace EN:TER. It will offer customers documentation that can be used as a tool to implement the RE100 initiative. [Korea Buzwire]

Solar panels in Korea (Korea Forest Service image)

¶ “Australia Can Power Renewable Energy Age, Says Tesla” • Tesla Chairwoman Robyn Denholm said she expects the company to invest heavily in Australian lithium, nickel, and other critical minerals to make its batteries. “Australia has the minerals to power the renewable energy age throughout the world in the coming years,” she said. [PV Magazine]

US:

¶ “Third Climate Activist Is Expected To Be Elected To Exxon’s Board” • Exxon acknowledged after its shareholder meeting last week that two of its board seats went to climate activist hedge fund Engine No 1. Now, with votes still being tallied, Exxon says a third Engine No 1 nominee may have beat out one of Exxon’s preferred directors. [CNN]

Oil rig (Worksite Ltd, Unsplash)

¶ “Tesla Police Vehicle Brings Big Monetary Savings To Westport, Connecticut” • In 2019, the city of Westport, Connecticut, added a new Tesla Model 3 patrol car to its fleet. Critics were upset over the cost, but new financial data shows that betting on the Tesla Model 3 as the choice for a police vehicle paid off, saving the city tens of thousands of dollars. [CleanTechnica]

¶ “Nevada Aims To Plug Vehicles Into Renewable Energy” • With bipartisan support, Nevada’s legislature passed a bill that would help the state drive on cleaner, cheaper electricity. Senate Bill 448 (Brooks) would speed the approval of transmission lines needed to accelerate the deployment of cars, trucks, and buses fueled by electricity. [CleanTechnica]

Tesla Gigafactory 1 in Nevada and Tesla Model 3 (Tesla image)

¶ “Ohio Senate Passes Bill Putting More Regulations On Renewable Energy Projects” • A bill that allows local voters to decide on a renewable energy project is heading to the Ohio House after gaining approval by the Senate. SB 52 also gives county commissioners the power to deny renewable energy projects or limit their size. [Ideastream]

¶ “Halaand Pauses Arctic Drilling” • Interior Secretary Deb Haaland put a pause on oil and gas drilling leases in the Arctic National Wildlife Refuge. Her order says there were “multiple legal deficiencies” with Trump’s leasing program, and she will not allow any of the issued leases to move forward until a review of environmental impacts is complete. [Grist]

Arctic fox (Jonatan Pie, Unsplash)

¶ “Anheuser-Busch Brewing Achieves Its 100% Renewable Electricity Goal With 222-MW (AC) Solar Project In Texas” • Anheuser-Busch announced that its portfolio of domestic beer and seltzer brands is now brewed with 100% renewable electricity from solar and wind power. It has achieved its renewable energy goal four years early. [pvbuzz.com]

¶ “Bill Gates Company To Build Reactor At Wyoming Coal Plant” • A next-generation, small nuclear plant is to be built at a soon-to-be retired coal-fired power plant in Wyoming. The plant will feature a sodium reactor that Microsoft co-founder Bill Gates claims will perform better, be safer, and cost less than traditional nuclear power. [Tech Xplore]

Have a certifiably awesome day.

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