This Week's News - Energy

October 25, 2024

• While the world’s output of renewable energy is increasing, it’s not increasing fast enough ? Without more action, it will be ‘impossible’ to meet Paris climate goal: UN (The Hill)
• Expected to be out in late 2025 and includes consideration of all greenhouse gas emissions? What you should know about ISO’s forthcoming first net-zero standard (Trellis)
• Suggestion that the adoption of EVs could reduce GDP in Europe because of competition from Chinese EV companies? Shift to electric vehicles will have far-reaching impact, IMF says (Reuters)
• Details on the challenges facing the Chinese grid? The power grid's solar and wind problem in China (Nikkei Asia $)
• Seeing a market opportunity in supplying renewable energy to technology companies, Brookfield is looking to increase the size of its deal with Microsoft? A clean energy ‘supermajor’ wants to expand its megadeal (Semafor)
• “... they plan to collaborate to increase the deployment and use of renewable energy technologies such as green hydrogen, offshore wind and other forms of renewable energy to help decarbonise the world” ?Australia and UK join forces to support clean energy technologies (World Energy News)
• “CPPAs are long duration power offtake agreements often for seven to 12 years, frequently with a creditworthy offtaker such as a blue-chip corporation agreeing to buy some or all of the electricity from a site directly from a renewable energy generator”? Investors are turning to CPPAs to reduce risk on renewable energy investments (Renewable Energy Magazine)
• “The report recommends system-wide peak management and local distribution capacity management through integrated distribution planning, as well as transitioning from time-of-use rates to grid-optimized managed charging programs”? How to determine a utility’s EV ‘tipping point’ (Latitude Media)
• One electric power company is moving to provide cooling as a value-added product? Tata Power Trading Company Limited and Keppel Joins Hands to Launch Cooling-As-A-Service Solutions in India (Press Release)
• Buried in the article is that Kia and KEPCO are jointly working on a fleet management system? Kia is building electric vans with Korea’s largest utility company (Electrek)
• While it’s one installation at this point, it shows the ability for EV charging networks to go at least partly off-grid and avoid interconnection bottlenecks? Tesla unveils Oasis: a new Supercharger concept with its own solar farm and Megapacks (Electrek)
• Interesting pilot project ?A New York borough is getting a ‘vehicle-to-everything’ smart energy hub (Power Grid International)

• More good news on the clean energy front
• Global wind power set to grab record share of electricity market (Reuters)
• ‘Renewable energy growth is truly a 50-state story now’: New report shows big jump in solar, wind, EVs (Floodlight)
• Solar generates 94 TWh in Europe during Q3 (PV Magazine)
• European Commission offers share of €4.8 billion fund to solar projects (PV Magazine)
• US power grid added battery equivalent of 20 nuclear reactors in past four years (The Guardian)
• Singapore Clears $20 Billion Link to Australian Solar (Bloomberg $)
• Corporate funding for energy storage grows 15% to US$17.6 billion in first nine months of 2024 (Energy Storage News)
• A €682M Boost To Offshore Wind In Belgium (Mondaq)
• Turkey plans to quadruple its wind and solar power capacity by 2035 (World Energy News)
• European corporate PPA market bound for another record year in 2024 (PV Magazine)
• Record year for UK heat pump installations as installer numbers surge (PV Magazine)
• New York State reaches its goal of installing 6GW of distributed solar ahead of schedule (Daily Energy Insider)
• No Birds Collided with Floating Wind Turbine Offshore Norway During Two-Year Monitoring Campaign (Offshore Wind)

• And some headwinds for clean energy
• The Energy Transition Is Powered By — Wait for It — Coal (Bloomberg $)?
• China's Coal Production Surged in September (Zero Hedge)
• One big loophole threatens the global energy transition (Semafor)
• A Wind Power Crisis Is Holding Back the World’s Green Energy Goal (Bloomberg $)?
• Heat pumps were supposed to help save the planet. But they’ve run into a bump. (Washington Post $)
• German grid operators need 17 bln eur for green energy support next year (Reuters)
• ABB survey: Most European companies want to shift from fossil fuels, but many lack resources (Press Release)
• High capital costs are stalling clean energy investment across Africa, new report finds (Press Release)
• Is the U.S. running out of land for wind and solar? In some regions, yes (Renewable Energy World)
• India’s electric cab companies can’t find enough cars to put on the road (Rest of World)
• Research shows residential PV is becoming less attractive in Germany (PV Magazine)
• Dutch environmental agency warns about delays in North Sea wind projects (World Energy News)
• 'Anti-wind' development plans are undermining the country's climate targets, Wind Energy Ireland (Newstalk)

• The good and the bad for clean energy
• Renewable PPA prices continue to rise — and may do so through 2030, say LevelTen, Ascend analysts (Utility Dive)

Miscellaneous

• Might show a path to making modern cement less carbon-intensive? Reinventing Concrete, the Ancient Roman Way (New York Times $)
• Portable solar systems proving their use? Solar energy helped keep the lights on after Helene, but not how you might think (WFAE 90.7)
• Sad, very sad? New Mexico Shows Us The Toll Vandalism Takes On EV Charging (CleanTechnica)

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