November 11 Energy News

November 11, 2021


¶ “Financial Markets May End Up Killing Off Fossil Fuels Before Governments Do” • An interesting email from Bloomberg Green discusses how the cost of capital is going up for fossil fuels and down for renewables. The concluding sentence goes like this: “Markets may end up killing off fossil fuels before governments do.” Why is that? Let’s dig into it. [CleanTechnica]

Wind farm (Mark König, Unsplash)

Science and Technology:

¶ “Canadian Electric Vehicle-To-Grid Project Uses Blockchain” • In Canada, a V2G project is using a Nissan Leaf connected to a technology platform created by SWTCH that allows electricity to flow from the Leaf’s battery to a multi-tenant building. SWTCH’s CEO, Carter Li, answered some questions about the project for CleanTechnica. [CleanTechnica]

¶ “Coastal Saltmarsh ‘Engineered’ To Fight Climate Change” • Re-flooding coastal wetlands could provide an opportunity to “work with nature” and use sea level rise to fight climate change, scientists say. An ongoing study of a coastal marsh in Scotland that was was restored in 2018 has shown the potential to lock carbon emissions into mud. [BBC]

Salt Marsh (JD Doyle, Unsplash)


¶ “China Surprises Climate Summit With Pledge To Work With US, But Doesn’t Budge On Climate Goals” • The US and China surprised the COP26 climate summit when representatives of the countries announced an agreement to ramp up their climate ambitions, just days before the end of the conference in Glasgow. China and the US agreed to have a virtual summit. [CNN]

¶ “Top Automakers Won’t Commit To Selling Only Zero-Emission Cars By 2040” • Toyota, Volkswagen, BMW, Nissan, Stellantis, and other car makers refused to back a commitment to sell only zero-emissions cars and vans by 2040. The UK, Canada, India and Poland, and 19 other countries signed the pledge, but not the US and China. [CNN]

Traffic (Musa Haef, Unsplash)

¶ “COP26: Draft Deal Calls For Stronger Carbon Cutting Targets By End Of 2022” • Countries are being urged to strengthen their carbon-cutting targets by the end of 2022 in a draft agreement published at the COP26 Glasgow climate summit. The document says countries should submit long-term strategies by the end of next year for reaching net-zero. [BBC]

¶ “South African Retail Firm Woolworths Introduces Electric Vans On Its Delivery Routes” • Retail firm Woolworths is trialing electric panel vans as part of its online shopping delivery fleet, a first in South Africa, according to an announcement on Twitter. Woolworths is one of South Africa’s premier clothing, grocery, beauty, and home retailers. [CleanTechnica]

Woolworths electric delivery van (Woolworths image)

¶ “Netherlands Reaches 24% BEV Share In October!” • The Dutch plugin EV (PEV) market was down in October, but not as much as the overall car market. Last month’s PEV share of the overall passenger auto market reached an amazing 35%, with 24% battery EVs (BEVs), pulling the year-to-date PEV share to 24% (14% BEV) and the total tally to 61,701 units. [CleanTechnica]

¶ “NSW Formally Declares Australia’s First Renewable Energy Zone” • The government of New South Wales has established Australia’s first Renewable Energy Zone, formally declaring the Central-West Orana zone. It will host at least 3 GW of solar, wind, and storage. NSW will use such REZs to replace its coal-fired power stations. [Renew Economy]

Wind farm in New South Wales (CWP Renewables)


¶ “NVIDIA’s New DRIVE Hyperion 8 Released, Includes Radar And Lidar” • NVIDIA announced a computer architecture, sensor set, and full-self driving software (in some scenarios), DRIVE Hyperian 8. The company says the system is designed for the highest levels of safety and cybersecurity and is available to buy now for 2024 vehicle models. [CleanTechnica]

¶ “US Oil Companies Are In No Rush To Solve Biden’s Gas Price Problem” • Gasoline prices have surged to seven-year highs and Wall Street banks are warning that $100 or even $120 oil is on its way. But US oil companies are in no rush to come to the rescue, leaving the White House facing pressure from its own party to intervene in energy markets. [CNN]

Gas station (Jean-christophe Gougeon, Unsplash)

¶ “NM To Focus On Renewable Energy With Infrastructure Funds” • New Mexico’s infrastructure has been chronically underfunded, officials say. The state could receive $3.7 billion from the federal infrastructure package. The money would support renewable energy, roads, broadband access, and water supply improvements. [Government Technology]

¶ “US Electricity Customers Experienced Eight Hours Of Power Interruptions In 2020” • On average, US electricity customers had just over eight hours of electric power interruptions in 2020, the most since collecting electricity reliability data began in 2013. The high number is due to high numbers of major events. Other interruptions have held steady. [CleanTechnica]

Graph of interruptions (Energy Information Administration)

¶ “New Solar Array Combines Farming Land With Renewable Energy” • BlueWave Solar has covered 10 acres of wild blueberry fields in Rockport, Maine, with solar panels. The dual purpose of the land is called agrivoltaic, and it’s the first of its kind in Maine. The research and design were done by the University of Maine Cooperative Extension. [WABI]

¶ “Entergy Mississippi Announces Plans To Add 1,000 MW Of Renewables In Five Years” • Entergy Mississippi has announced its largest commitment to renewable resources. It will replace aging natural gas plants with 1,000 MW of renewable capacity over the next five years, giving customers an effective hedge against volatile gas prices. [Solar Power World

Have an ingeniously advantageous day.

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