+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 43
Latest: Heredia05
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 11124
Total Topics: 250
Most Online Today: 3
Most Online Ever: 52
(November 29, 2017, 04:04:44 am)
Users Online
Members: 1
Guests: 2
Total: 3

Author Topic: The Big Picture of Renewable Energy Growth  (Read 9920 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #345 on: November 24, 2018, 10:09:12 pm »
EcoWatch

Bu Lorraine Chow

Nov. 23, 2018 11:01AM EST

Ireland 🍀 to Become World's First Country to Divest From Fossil Fuels

SNIPPET:

Ireland's landmark Fossil Fuel Divestment Bill passed the Seanad, or upper house, on Thursday, putting the Emerald Isle on track to become the first country in the world to divest from fossil fuel-related funds.

The bill—which requires the Ireland Strategic Investment Fund to sell off about €318 million ($361 million) investments in coal, oil, gas and peat assets over a five year period—now heads to President Michael D. Higgins for signature, where it will likely become law by the end of the year, according to the Irish Times.

Alice-Mary Higgins, an Independent Senator and the president's daughter, was jubilant about the bill's "swift passage" in the Seanad.

Full article:

 https://www.ecowatch.com/ireland-fossil-fuels-divestment-2621293680.html
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #346 on: November 28, 2018, 11:51:20 am »
CleanTechnica
Support CleanTechnica’s work via donations on Patreon or PayPal!

Or just go buy a cool t-shirt, cup, baby outfit, bag, or hoodie.


Developing Nations Are Stepping Up Into Global Clean Energy Leadership

November 28th, 2018 by Joshua S Hill

A new report from Bloomberg New Energy Finance has highlighted the rising importance of developing nations in driving clean energy adoption worldwide, and finds they are seizing the mantle of global clean energy leadership from wealthier, more developed nations.

A combination of surging electricity demand, declining technology costs, and a surge in innovative policy-making have resulted in developing nations stepping up to seize the mantle of global clean energy leadership from wealthier nations, according to a comprehensive new report published by Bloomberg New Energy Finance (BNEF) as part of its annual Climatescope project.

According to the report, emerging market nations surveyed by Climatescope accounted for the majorities of clean energy capacity added, and new funds deployed, globally in 2017. Specifically, developing nations added an impressive total of 114 gigawatts (GW) worth of zero-carbon generating capacity — including 94 GW worth of wind and solar. At the same time, developing nations brought online the least amount of new coal-fired power generating capacity since at least 2006 — with new build coal falling 38% year-over-year to 48 GW, half of what was added in 2015.

“It’s been quite a turnaround,” said Dario Traum, BNEF senior associate and Climatescope project manager. “Just a few years ago, some argued that less developed nations could not, or even should not, expand power generation with zero-carbon sources because these were too expensive. Today, these countries are leading the charge when it comes to deployment, investment, policy innovation and cost reductions.”

In addition to the increasing economic viability of clean energy technologies — specifically technologies such as wind and solar — which are further bolstered by the “exceptional” natural resources boasted by many developing nations, when combined with continually declining technology equipment costs, new renewable energy projects in developing nations are regularly outcompeting new fossil fuel projects on price. This has been most evident in the 28+ GW worth of generation contracted through tenders in emerging markets in 2017.

Financing for renewable energy projects in developing nations is similarly increasing, with 54 developing nations recording investment in at least one utility-scale wind farm, and 76 countries receiving financing for solar projects of 1.5 megawatts (MW) or larger (up from 20 and 3, respectively, a year ago). Further, development banks, export credit agencies, and other traditional backers are all combining to ensure investment and project backing continues to support the development of clean technology projects in emerging nations.

“European players, in particular, have moved aggressively to finance projects, particularly in Latin America,” said BNEF head of Americas Ethan Zindler, who helped found Climatescope. “While concessional capital is still clearly required in least developed countries or in others just beginning to adopt clean energy, elsewhere private funders appear quite comfortable deploying capital at volume.”

The report further highlights the growing trend that shows developing nations are skipping the fossil fuel stage of economic development which has so plagued their more developed brethren.

“I think it’s undeniable that for an equivalent level of economic development (GDP/capita), a number of emerging markets have a much higher penetration of solar and wind than their most developed peers had,” explained Dario Traum, who spoke to me via email.

“That’s a factor of technology change but also of course of cost. Emerging markets are where renewables most frequently undercut existing power procurement cost. In particular, Latin America has a number of countries that are amongst the countries with the highest level of solar + wind penetration, often facilitated by hydro and interconnection with neighbours.

“Caveat to all that is that big manufacturing and demographic hubs in Asia haven’t yet been able to get around coal as a cheap way to power industry around the clock. But they are seeing the consequences too, in particular air pollution. So a strong support for renewables there to.”

https://cleantechnica.com/2018/11/28/developing-nations-are-stepping-up-into-global-clean-energy-leadership/
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #347 on: November 30, 2018, 11:21:21 pm »
CleanTechnica
Support CleanTechnica’s work via donations on Patreon or PayPal!

Or just go buy a cool t-shirt, cup, baby outfit, bag, or hoodie.

Backstory: Macron To Close Multiple Nuclear Reactors, But Why Now?

November 30th, 2018 by Michael Barnard

President Emmanuel Macron of France depressed nuclear executives globally in late November 2018, announcing the planned retirement of 14 of 58 reactors by 2035. This was still less than was promised in his election campaign, but represents a major internal political battle, as well as a major change of France’s circumstances.



This has been an emerging story for several years.

France did a better job than most of building nuclear plants. They picked a single design and built a bunch of them over a relatively concentrated 20 years from about 1978 onward. It was a massive, state-funded, state-managed energy infrastructure initiative at a scale rarely seen. They dodged a bunch of the mistakes of other geographies somewhat by accident. They aren’t subject to earthquakes or tsunamis. They kept the technology highly standard. They developed a skilled workforce for building them and rewarded them well.

But the last nuclear reactor went live almost 20 years ago, the oldest ones are at end-of-life, and the skilled workforce only knows how to maintain and operate existing reactors now, not build new ones. The current President of France, Macron, used to be the Minister of Industry. He’s stated publicly that even he couldn’t find out how much the build-out actually cost, with the clear assertion that a bunch of actual costs were hidden.

Quote
“Nobody knows the total cost for nuclear energy,” he said. “I was minister for industry and I could not tell you.”

And France had to build nuclear to be load-following due to its over-reliance on a more usually inflexible form of generation. Nuclear is good for baseload up to 30–40%, but when it has to be turned on and off it gets a lot more expensive very quickly. France has the good fortune to have been able to export a lot of electricity to the rest of the EU for several years, but the energy mix on the continent is strongly favoring more flexible forms of generation.

And now, a few things have changed in the decades since France made its huge bet on nuclear generation in the Messmer Plan in 1974.

Renewables are dirt cheap, with Lazard’s latest figures bringing them in at 3–6 times cheaper than new nuclear. (Amusingly, Lazard still labels wind and solar as ‘alternative energy‘. ::) ) Europe is a leading geography for wind and solar, so skilled trades and supply chains all exist. Europe’s grid has strengthened and expanded over the past 30 years, so the need for a country to go it alone has diminished substantially.

The EU was founded in 1993 and France is an integral part of it, and that has two impacts. The first is that France’s energy independence policy that was part of the impetus for a massive nuclear fleet looks archaic in context of modern politics and economics. The second is that EU regulations forbid destabilizingly large governmental subsidies for energy, something which the Hinkley plant in the EU had to fight through. As Macron’s experience shows, it’s actually impossible for anyone to figure out how much any nuclear plant actually cost due to budget fudging. This last is true globally, by the way.

French attempts to build next-generation reactors are failing in multiple locations in France and elsewhere. The cost and budget overruns and construction failures are staggering.

And Chernobyl and Fukushima both happened since the French nuclear build-out began. Public support diminished substantially after those events, one on the same continent and one a world away.

France receives a greater percentage of its electricity from nuclear than any country in the world, at 72% close to 50% more than its nearest ‘competitor’, Slovakia. And it will diminish over the coming decades. Its last-built reactor will reach end-of-life in 2040 or so. It’s unlikely that it will be replaced. And it’s unlikely that more than a fraction of the aging reactors will be refurbished at all.

Wind, solar, a continent-scale grid, and open economic borders all contributed to the death of the French nuclear dream.

It’s time for France to wake up and join the future, and it has. It voted in Macron, a politician who promised to reduce France’s nuclear fleet. He fought the entrenched bureaucracy and EDF, and while the new plans are slower than the promised ones, they are the right plans on a pragmatic timeline.

https://cleantechnica.com/2018/11/30/backstory-macron-to-close-multiple-nuclear-reactors-but-why-now/

Agelbert NOTE: Better late than never, I always say.

Let us not forget WHO PROFITED from these radioactive white elephants when the bill for decommissioning them comes due. Yes folks, that bill will be massive.

The logical thing to do is find every single person in every corporation that profited directly from building and maintaining these nuclear reactors and TAX THEM appropriately for the cost of decommissioning said nuclear reactors.

Yes, I know, ALL the French public will be billed for this while those who profited from the polluting energy will pay a pittance.  That's how things "work" in CAPITALISM.  👎👎👎 😡🤬
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #348 on: December 12, 2018, 04:50:11 pm »

DEC 7, 2018

BY DAN GEARINO

Clean energy jobs in the rural Midwest outnumber those in fossil fuels in ten out of 12 states

According to a report by the Natural Resources Defense Council, clean energy employed roughly 158,000 people in 2017, with the majority of those jobs found in energy efficiency. In that year, 31 gigawatts of wind and solar were added in the Midwest.

While a larger amount of these clean energy jobs were located in urban areas, they accounted for a larger proportion of rural jobs.


Read more:

https://insideclimatenews.org/news/07122018/rural-jobs-clean-energy-wind-power-energy-efficiency-renewable-vs-fossil-fuels-climate-change
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #349 on: December 12, 2018, 05:31:54 pm »


December 12, 2018

Gov. Inslee is bullish on clean energy, clean energy jobs outnumber fossil fuels in rural Midwest, Daimler to spend $23 billion on batteries & more

https://mailchi.mp/climatenexus/gov-inslee-is-bullish-on-clean-energy-clean-energy-jobs-outnumber-fossil-fuels-in-rural-midwest-daimler-to-spend-23-billion-on-batteries-more
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 15407
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: The Big Picture of Renewable Energy Growth
« Reply #350 on: December 12, 2018, 09:35:12 pm »


December 12, 2018

Germany headed for 2018 renewable record – E.ON
#Renewables

Renewable power generation in Germany is headed for a record this year, according to utility E.ON. “By year-end, we expect more than 200 billion kilowatt-hours (kWh) of renewable generation and feed-in – about five billion more than in 2017, and more than ever before,” said Victoria Ossadnik, head of E.ON Energie Germany. E.ON said this amount of renewable power could cover the annual consumption of 66 million households, equivalent to all households in Germany and Italy combined.

The company said, according to its calculations, the 2018 renewable generation to date will top the entire 2017 output sometime this week.

https://www.eon.de/de/pk/unternehmen/presse/pressemitteilungen/2018/2018-12-11-oekostrom-rekord--so-viel-strom-aus-erneuerbaren-wie-noch-nie.html

Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

+-Recent Topics

Money by AGelbert
December 18, 2018, 04:46:43 pm

Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution by AGelbert
December 17, 2018, 08:33:30 pm

Electric Vehicles by AGelbert
December 17, 2018, 08:07:31 pm

Corruption in Government by AGelbert
December 17, 2018, 12:26:57 pm

Hydrocarbon Crooks Evil Actions by AGelbert
December 16, 2018, 07:47:11 pm

Global Warming is WITH US by AGelbert
December 16, 2018, 07:36:46 pm

Christmas by AGelbert
December 16, 2018, 06:49:10 pm

Pollution by AGelbert
December 16, 2018, 05:42:36 pm

Fossil Fuel Profits Getting Eaten Alive by Renewable Energy! by AGelbert
December 14, 2018, 09:10:55 pm

Apocalyptic Humor by AGelbert
December 14, 2018, 02:34:18 pm