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Author Topic: The Big Picture of Renewable Energy Growth  (Read 11337 times)

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Re: The Big Picture of Renewable Energy Growth
« Reply #315 on: June 07, 2018, 01:49:01 pm »

June 6, 2018: Warren Buffett’s MidAmerican Energy says it will be the first investor-owned utility to get 100% of its power from renewables. A record amount of wind and solar capacity was installed globally in 2017 with new investment reaching nearly $279 billion. In a first, California’s grid got more power from solar than gas on a monthly basis.


Tallest Wind Turbine in the U.S.  installed at West Texas A&M University
WTAMU Graduate School

Published on May 18, 2018

Installation of the GW 3MW(S) Smart Wind Turbine at the UL Advanced Wind Turbine Test Facility at West Texas A&M University in Canyon, Texas.

For the first time, California’s grid got more power from solar than gas on a monthly basis. In May, utility-scale solar provided nearly 17% of generation on the state’s grid, while gas provided around 15%. That data does not include rooftop solar or other distributed solar generation. While May is the third-sunniest month of the year, the long-term trend shows solar and other renewables replacing gas. (PV Magazine)

Tesla has installed a gigawatt-hour of energy storage (that’s a lot), which has helped bring down costs.
Industry-wide, the cost of battery storage fell 73% between 2010 and 2016, and it is predicted to continue to drop. In Australia, Tesla has installed the world’s largest lithium-ion battery, which is saving consumers millions of dollars. In Puerto Rico, the company has installed microgrids on more than 1,000 households. Tesla thinks its battery scale-up has increased public awareness of the technology. In other storage news this week, Arizona announced it is building the country’s first standalone battery peaker  ;D outside of California. (Fast Company, Greentech Media)

Iowa-based MidAmerican Energy is going 100% renewable, saying it will be the first investor-owned utility to meet that milestone. The utility plans to invest $922 million in new wind power, with the added capacity allowing the company to freeze consumer rates, potentially up to 15 years. MidAmerican owns 27 wind farms across Iowa. If the plan is approved by regulators, the company will have invested around $12.3 billion in wind in the state since 2014. This new project would create about 300 construction jobs, 28 permanent jobs, and add around $7 million more in state property tax payments. (Des Moines Register)

A record-breaking amount of wind and solar power was installed globally last year, a new report says, as the price of renewables continues to fall. An estimated 178 GW of renewable power was added worldwide in 2017 - representing 70% of net additions - according to a new report from the renewables policy organization REN21. New investment in renewables was nearly $279 billion, more than double what went to new fossil fuel and nuclear power capacity. Despite the progress, carbon emissions rose last year for the first time in four years, as population and energy demand grew. The authors of the report noted that while renewables are surging ahead in the electricity sector, they still have a ways to go when it comes to heating, cooling and transport. (Reuters)

The Environmental Protection 👹Agency advanced its plan to weaken pollution standards for passenger vehicles, by submitting its proposal to the Office of Management and Budget for review. The new rules would roll back an Obama-era requirement that automakers nearly double the fuel efficiency of cars to an average of more than 50 miles per gallon by 2025, which would have significantly lowered emissions from the transportation sector. The proposal also calls into question California’s right to require tougher fuel standards than those set by the federal government - a right granted to the state under the 1970 Clean Air Act. California has said they will fight the new rules if they are approved. (New York Times $)

As many 100,000 jobs could be lost in Germany as the electric vehicle market grows, a new study says. The country’s automakers and IG Metall labor union commissioned the study, which found that the transition away from gas and diesel vehicles could affect more than half of the 210,000 workers in that country that develop and produce powertrains for cars. The head of the labor union said that despite the challenges, the transition can be managed with strategies from politicians and industry that address retraining and industrial employment policy. (CNN Money)

"With wind, we don't need to buy fuel to make the energy ⚡," said Adam Wright, MidAmerican's CEO, on the utility’s plan to cover 100 percent of their consumer electricity demand with renewable energy. "This is a big reason why MidAmerican Energy's rates are 37 percent below the national average."   
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


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