Archive for September 9th, 2021

September 9 Energy News

September 9, 2021

Opinion:

¶ “Is This Controversial Money Manager And Tesla Bull Changing The Face Of Wall Street?” • In a profile in the New York Times, Matt Phillips calls Cathie Wood, the founder and CEO of investment management firm Ark Invest, “the most influential investor at work in the markets today,” and gives her credit for developing a new style of investing. [CleanTechnica]

Ark Invest Founder Cathie Wood (Cathie Wood via Twitter)

Science and Technology:

¶ “Fossil Fuels Must Stay Underground, Scientists Say” • Almost 60% of oil and gas reserves and 90% of coal must remain in the ground to keep global warming below 1.5°C, scientists say. The forecast is based on close analysis of global energy supply and demand. They say it is a “bleak” but realistic assessment of “what the science tells us is needed.” [BBC]

World:

¶ “Almost ⅓ of Trucks Tested in Spain Emit Dangerous Levels of Air Pollution” • Nearly a third of trucks in Spain exceed the EU’s legal emission limits, testing in Barcelona and Madrid indicates. This is despite high NO₂ emissions from road transport being a serious public health concern, causing the premature deaths of 50,000 Europeans every year. [CleanTechnica]

Trucks on the road (Ümit Yıldırım, Unsplash)

¶ “Tesla Completes V3 Supercharger Factory In Shanghai” • Tesla has reportedly completed a small factory in Shanghai that will manufacture 10,000 advanced V3 Superchargers per year. Kyle Field of CleanTechnica got a chance to try one out and reports it can deliver up to 250 kW of power, enough to add 178 miles of range in just 15 minutes. [CleanTechnica]

¶ “Volkswagen Says It Will Lease Used EVs To Maintain Control Over Its Batteries” • At the Munich auto show, Volkswagen Group CEO Herbert Diess said his company plans to offer leases on its used EVs as a way to maintain control over their batteries. This will allow the company to recycle the valuable battery packs into new uses. [CleanTechnica]

Dr Herbert Diess (Image courtesy of Volkswagen AG)

¶ “China’s Hydro Storage Plan Aims To Boost Renewable Energy Use” • China released a plan that sets out measures to develop its pumped hydro storage system by 2035, in an effort to increase renewable energy consumption and ensure stable grid operation. It aims to launch more than 62 GW of pumped hydro storage in 2025 and 120 GW in 2030. [Reuters]

¶ “Chile’s Power Auction Wraps Up For Average Price Of $23.78 Per MWh” • Five renewable energy companies were declared winners in Chile’s technology neutral power auction for 2,310 GWh/year for 15 years. The average price was $23.78 per MWh from solar, wind, and storage projects with a total of 2,000 MW of installed capacity. [Renewables Now]

Sonnedix Atacama solar farm (Sonnedix, sonnedix.com)

¶ “Renewable Energy Prominent In Queensland’s $52.2 Billion Infrastructure Pipeline” • The Queensland government will pour more than $580 million into increasing electricity network capacity and replacing ageing assets as part of a $52.2 billion infrastructure program designed to transform the state into a clean energy superpower. [pv magazine Australia]

¶ “Ofgem Warns Soaring Gas Prices Will Feed Into Customer Bills” • Ofgem said that UK household energy bills will be hit by soaring global prices of fossil fuels. The typical gas and electricity customer is likely to see their bill go up by £139 to £1,277 a year from October. Outages at gas and nuclear plants and reduced gas availability have been a problems. [BBC]

Pump jack (Pixabay, Pexels)

¶ “Global Windfarm Installations Expected To Surge After Covid Drop, Says Report” • The Global Wind Energy Council’s annual report found that the world’s offshore windfarm capacity grew by 6.1 GW last year, down slightly from a record 6.24 GW in 2019. It expects it to grow to more than 12 GW in 2021 powered by an offshore wind boom in China. [The Guardian]

US:

¶ “Biden Wants An Aggressive Transition To Electric Vehicles. A Surprising Ally Is Pumping The Brakes” • In August, President Joe Biden announced a target to have half of the vehicles sold in the US be battery electric, fuel-cell electric, or plug-in hybrid by 2030. But the United Autoworkers Union, one of Biden’s oldest political allies is resisting. [CNN]

Assembly line (Siyuwj, CC-BY-SA 3.0)

¶ “Biden Administration Says Solar Energy Has The Potential To Power 40% Of US Electricity By 2035” • The Solar Futures Study, from the US DOE shows how solar energy could play a massive role in transitioning the US power sector to clean energy and achieve the President’s ambitious goals to decarbonize the American economy. [CNN]

¶ “New Data Sound Good For Wind Energy” • Wind plant owners and wind turbine manufacturers are using a new technique to increase the performance of wind plants as a whole called wake steering. Some researchers at the National Renewable Energy Laboratory have been studying resulting noise production. The results are good news. [CleanTechnica]

Wind turbines (Dennis Shroeder, NREL)

¶ “US Renewable Energy Sees Record Growth” • Renewable energy saw record growth in the first six months of 2021 and now accounts for 25% of all the electricity capacity in the US, up from 23% a year ago. An increase of two percentage points may not sound like a lot but it shows that the US energy sector is headed in the right direction. [Treehugger]

¶ “La Mesa Opts-Up To 100% Clean, Renewable Energy From SDCP” • The City of La Mesa is taking action for its municipal accounts and opting to enroll in San Diego Community Power’s 100% renewable Power100 program. SDCP is a not-for-profit community choice energy agency, providing carbon-free, and cost-competitive energy. [Patch]

Have a remarkably pleasant day.

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