October 25 Energy News

October 25, 2023

Science and Technology:

¶ “The Importance Of Energy Management In Residential PV Systems” • Energy management systems take in many signals, put them through data models, and tweak the available resources optimally. The most advanced ones, such as one from SolarEdge, seamlessly integrate with virtual power plant systems to the advantage of homeowners. [CleanTechnica]

Home on a hillside (SolarEdge image)

¶ “Climate Scientists Warn That Earth Systems Are Heading For ‘Dangerous Instability’” • Forecasts about the negative effects of human-caused climate change are common, but new research makes even more dire claims, declaring that “life on planet Earth is under siege” and that “we are pushing our planetary systems into dangerous instability.” [ABC News]

World:

¶ “‘Unstoppable’ Energy Transition Means Demand For Oil, Gas, And Coal Set To Peak By 2030” • Global demand for fossil fuels is expected to peak later this decade, according to a report. The International Energy Agency said in its annual World Energy Outlook report that the shift will be driven by the “phenomenal rise” of clean sources of energy. [CNN]

Power plant (Untitled Photo, Unsplash)

¶ “Japan’s Automakers Unveil EVs Galore At Tokyo Show To Catch Up With Tesla” • At the Tokyo show, Mazda plays up a sportscar concept that is a plug-in EV with its rotary engine. Honda shows off its Prelude sportscar EV concept. Toyota’s angular Lexus concept, set to go on sale in 2026, is an EV that runs on lithium-ion batteries. [ABC News]

¶ “Vietnam’s Vinfast Committed To Selling EVs To US Despite Challenges” • Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive US auto market, gambling that if it can sell its EVs to finicky Americans, it can succeed anywhere. But CEO Le Thi Thu Thuy said in a recent interview that the US market is “difficult.” [ABC News]

Vinfast EVs (Thai Nguyen, Unsplash)

¶ “EV Floodgates Open In Ethiopia After Gov’t Exempts All EVs From VAT, Surtax, And Excise Tax” • A year ago, the Ethiopian government introduced some incentives to catalyze the adoption of electric vehicles. Ethiopia’s Ministry of Finance exempted all electric vehicles from VAT, surtax, and excise tax! It’s been a year now, so let’s see how it worked. [CleanTechnica]

¶ “Neoen, Alight Begin Work On Swedish PV Project” • Neoen and Alight signalled the start of construction of the 100-MW Hultsfred solar farm in Sweden. Jointly developed and owned by Neoen (majority shareholder) and Alight, the Hultsfred solar farm is to be connected to the E.ON local grid, in south-east Sweden in 2025. [reNews]

Solar farm site (Neoen image)

¶ “Amazon Adds 39 Renewable Energy Projects In Europe” • Amazon announced adding 39 new renewable energy projects in Europe so far this year, totalling over 1 GW of capacity. Amazon has enabled over 160 wind and solar projects in 13 European countries. They will provide enough energy for annual needs for over 4.7 million European homes. [Amazon EU]

¶ “Wind Energy Market Size To Hit $220.7 Billion, Globally, By 2028” • According to The Insight Partners, the windpower market is expected to grow from $156.8 billion in 2021 to $220.7 billion by 2028. It is anticipated to grow at a CAGR of 5.0% from 2022 to 2028. The Asia Pacific region is expected to continue its dominance over the forecast period. [Yahoo Finance]

Wind turbines (Frederik Schönfeldt, Unsplash)

¶ “Germany And France Finally Compromise On Nuclear” • The French are dependent on nuclear power. Existing French nuclear plants will require major capital improvements and plants under construction are really expensive. France wants to subsidize its nuclear program, but other EU countries, especially Germany, objected. Now they have compromised. [Oil Price]

US:

¶ “EcoFlow’s 110-W Foldable Solar Panels Are On Sale For 33% Off” • The cost of solar panels and power stations is coming down, the specs are going up. Now 110-W foldable solar panels from EcoFlow are available for just $199, which is a discount of a full third off the regular retail price of $299. Here are details on the EcoFlow foldable solar panel. [CleanTechnica]

Foldable solar panel (Ecoflow image)

¶ “NY Governor Hochul Announces Nation’s Largest-Ever State Investment In Renewable Energy Is Moving Forward” • New York Governor Kathy Hochul announced the largest state renewable energy investment in US history. The conditional awards include three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy. [CleanTechnica]

¶ “California Sees Unprecedented Growth In Energy Storage” • California is surging forward in the buildout of battery energy storage systems with more than 6,600 MW online, enough to power 6.6 million homes for up to four hours. The total resource is up from 770 MW four years ago and double the amount of just two years ago. [California Energy Commission]

California storage milestone (Government of California)

¶ “Idaho Power Customers Urge Utilities Commission To Reject Proposal To Change Solar Credit System” • At a Idaho Public Utilities Commission hearing, dozens of Idaho Power customers and climate advocates laid out concerns about a proposal that would reduce the value of electricity it gets from customers with solar arrays. [Idaho Capital Sun]

¶ “Xcel Seeks 1.2 GW Of New Minnesota Wind Resources To Replace Retiring Coal Plant” • Xcel Energy is seeking about 1,200 MW of new wind projects located in southwest Minnesota, the utility announced. The renewable resources will help to replace the Sherco coal-fired plant in Becker, Minnesota, which Xcel is to retire by 2030. [Utility Dive]

Have a usefully gleeful day.

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