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The Factors Driving The Sea-Level Rise Impacting Global Coastlines

Photo: Pixabay
Photo: Pixabay

Most people understand that melting ice will mean rising seas, but when scientists look closely, they’re finding the reality is more complex. In many places, local observations and measurements contradict global trends.

Sönke Dangendorf, a scientist at the University of Siegen in Germany, published a study explaining sea-level rise over the last century. His conclusion: seas levels are not only rising, they’re rising faster than anyone expected.

The study combined GPS measurements with historic observations. It is the first study to use such a large data set and the first to correct for factors like local changes in sea level and variations in how different scientists take measurements.

Sailors started tracking local sea level more than 200 years ago to determine when water levels were too low for a ship to safely enter a harbor. Gauges across the planet still help shipping, but they also help climate scientists tease apart local and global effects on sea level.

For example, North America and northern Europe were once weighed down by huge ice masses. When they melted, relieving the pressure, the Earth’s crust started moving up again.

“This means that sea level, relatively, is falling at these locations,” Dangendorf explained. Meanwhile, in Jakarta, Indonesia, the land is moving down by 14 millimeters per year, “just due to groundwater depletion”, he added, meaning sea level there is rising locally.

The rate of global sea-level rise is now more than 3 millimeters per year, according to the study, while rise was only 1.1 millimeters before 1990 when GPS satellite measurements began, a lower number than every other published reconstruction.

“That means that the acceleration in sea-level rise is much larger than previously thought, and this is quite important,” Dangendorf explained.

The acceleration appears to be a result of melting ice sheets. Scientists attribute the last century of sea-level rise to glaciers melting and the ocean expanding as it warms. However, the last 10 to 15 years of increased melting in Greenland and Antarctica have changed the equation.

“This leads to an acceleration in sea-level rise, and this is the more important factor in the long term,” Dangendorf said.

Source: cleantechnica.com

Serbia’s MK Fintel Wind Starts Construction of Third Wind Farm

Photo: Pixabay
Photo: Pixabay

Serbia’s MK Fintel Wind, a joint venture of Serbian vertically integrated conglomerate MK Group and Italy’s Fintel Energia Group, said on Wednesday it has started the construction of its third wind farm and expects to complete its first phase by the end of 2018.

The company plans to invest 124 million euro ($139.6 million) in the first phase of the construction of the wind farm, named Kosava, and 100 million euro in the second stage of development of the facility, MK Fintel Wind said in a statement.

MK Fintel Wind will install 20 wind turbines, with a combined capacity of 69 MW, under the first construction phase, while additional 19 units will be installed during the second development stage, the company’s CEO Tiziano Giovanetti, said during the official ceremony for the start of works.

Serbia has a total of 483 MW of wind power capacity under construction currently, but Kosava is the biggest project that enters into the building phase, Serbia’s energy minister Aleksandar Antic said.

MK Fintel Wind carries out the project with the financial support of Serbian lender AIK Banka, the company noted.

Last month, MK Fintel Wind said it aims to raise 60 million euro through an initial public offering (IPO) on the Belgrade Stock Exchange that will be invested in the construction of the 117 MW Kosava wind farm, located near Vrsac, in northern Serbia.

MK Fintel Wind, a 46/54 joint venture between MK Group and Fintel Energia Group, was set up in 2008 and already operates two wind farm in Serbia, with a combined installed capacity of 16.5 MW.

Source: seenews.com

ANNA BOULOS: Serbia Consumes Only 1/3 of Its Potentials

Photo: EP
Photo: EP

During the Energy and investments fair in Novi Sad the editorial office of ENERGETSKI PORTAL had a pleasure to attend the exposition of Ms Anna Boulos, the economic counsellor at the US Embassy in Belgrade, at the conference: “Energy Prospects and Challenges”. Her presentation was mostly devoted to fossil fuels, gas and the fact that Serbia depends on the import of gas from Russia, which makes Serbia energy uncertain according to her cognition. Serbia is, according to her words, in the lowest D category of energy independence. Due to this fact, we have asked Ms Boulos to tell us something more about renewable energy sources and how the United States see Serbia in this regard.

EP: Minister for Energy and mining, Mr Aleksandar Antić, has recently announced that the regulation which enables the use of energy from renewable sources was adopted. It is planned that the level of energy usage from renewable sources reaches 27% by 2020. How do you comment this announcement and the set deadlines?

Anna Boulos: As a part of the Energy Community, Serbia has committed itself to using 27% of final total energy consumption from renewable sources by 2020, and the current percentage is 22. For the last two years which I have spent in Belgrade, Serbia has not significantly increased the share of renewable energy in its energy system. However, I absolutely believe that this is realistic goal for Serbia, provided that the Government takes necessary steps in order to promote renewable energy. To begin with, Serbia has significant potentials for the use of renewable energy sources, but it uses only one-third of these resources. So, if the Government could support the investments in renewable energy, it would be very easy for Serbia to reach its goal by 2020, and not only to reach it but also to become a regional leader. Due to all this the Minister’s statement on adoption of regulation for renewable sources is very encouraging, since this regulation will allow Serbia to develop its potential for renewable energy. When the government adopts investment friendly and sustainable model of contract for the purchase of electricity for the power plants with the installed capacity of over 50 MW, the investors in the field of renewable energy will begin to develop bigger projects in Serbia.

Another reason, due to which I believe that the goal for 2020 is possible, is because unfortunately Serbia is energy inefficient. Although the increase in production of renewable energy is important and necessary for Serbia to achieve its goals by 2020, there is another way to achieve this goal and that is energy efficiency. Serbia consumes 2.7 times more energy per unit of energy consumption than the average country member of Organization for Economic Cooperation and Development (OECD). If Serbia would invest in energy efficiency measures such as modernization of local heating systems with the technology which is more energy efficient, of using more efficient materials and better insulation materials in buildings, than it could reduce its energy consumption and it would make a significant progress towards its goals by 2020.

EP: What is the ratio of the use of energy from renewable sources and non-renewable sources in the United States? Do you know whether there is any cooperation between the Ministry and the services in the USA and Serbia and is there exchange of experiences in the field of renewable energy sources?

Anna Boulos: In 2015, the renewable sources accounted for approximately 11 percent of total energy production in the USA, and nuclear power accounted for about 8 percent. Fossil fuels continue to represent a major part of our production and energy consumption, but when you have a look at new energy capacities in the USA, the renewable energy sources prevail.

Renewable energy takes up 68 percent of all newly installed capacities in the USA in 2015, and our CO2 emission have fallen to the lowest annual level since the mid-nineties. Our energy sector has gained an additional 8.5 GW of wind power plants and 7.3 GW of new solar power plants. The USA also records an increase in investments in renewable energy. Investments in clean energy reached $ 56 billion in 2015, thus I think we can say that investors in the USA realise that the clean renewable energy is the energy of the future.

Photo – illustration: Pixabay

Our Embassy has financed through USAID the exchange programmes for the Energy Agency of the Republic of Serbia. For example, in 2007 the US National Association of Regulatory Utility Commissioners (NARUC) has helped the Government of Serbia to establish the Energy Agency of the Republic of Serbia (AERS). Then, USAID helped AERS to establish a partnership with Pennsylvania’s Public Utility Commission in the USA. This partnership lasted till 2011 and it helped the strengthening of AERS’s capacities. In addition to exchange programmes, the USAID has been providing significant technical assistance to the Government of Serbia in the field of energy. It gave them guidelines for the increase of energy efficiency and the performance of local heating systems by switching to sustainable biomass, which reduces pollution and promotes sustainable forestry. USAID also connects two regional working groups – one for planning regional electricity transmission and the other for energy supply security – in order to develop good practices and strengthen the energy infrastructure, especially regarding the integration of renewable energy sources. EMS, EPS and AERS participate in these working groups.

EP: Do the Embassy and the USA funds support the legislation reform in the energy sector in Serbia, and in what way?

Anna Boulos: Yes, absolutely. Our Embassy has worked, again through USAID, with the Government on legislation of energy sector in Serbia. As I have already mentioned, USAID helped the Government to establish AERS. Also, our National Association of Regulatory Utility Commissioners (NARUC) supports AERS and other energy regulators in the region in identifying regulatory and legislative changes which are necessary for the liberalization of the electricity market, as it is required by the Treaty on establishing the Energy Community. Last year in January, USAID helped the Ministry of mining and energy in the analysis of model contract on the purchase of electricity from RES.

EP: Are there any plans for the investments from the USA in the renewable energy sources in Serbia, maybe in wind farms or solar power plants?

Anna Boulos: Definitely, yes. American company Continental Wind Partners (CWP) is ready to continue a project that will develop wind farm 158.4 MW as soon as the Government adopts the investment friendly and sustainable model of contract on the purchase of electrical energy from wind energy. CWP will invest over 40 million Euros and hire around 400 people for the construction of Wind Park.

CWP, together with River Power Solutions, is also interested in entering the public-private partnership with the city of Belgrade and also in other cities in Serbia, in order to produce heat by using the energy of river flow through the heat pump. CWP’s heat pump would take over the energy from the river flow – from only a few degrees of heat – and it would use it as sustainable alternative to the use of natural gas. It is a very interesting technology which works in a similar way as cooling where the cold air is used for the cooling of the objects. I think this is a brilliant way for Serbia to utilize its natural resources, and it is unbelievable that such technology exists! The technology that uses cold water from the river in order to heat your own homes! Taking into account the amount of potentials that Serbia has in the field of renewable energy and that unfortunately Serbia uses only third of its own potential, I would not be surprised if many international investors including American companies would start coming here as soon as the Government adopts legislative framework which supports the investments in the field of renewable energy sources.

Interview by: Vesna Vukajlović

This interview was first published in bulletin “Renewable Energy” on June 1st 2016.

NextEnergy Invests in ‘Subsidy-Free’ UK Solar Projects

Photo-illustration: Pixabay
Photo-illustration: Pixabay

In what could prove to be a major turning point for the UK’s embattled solar market, NextEnergy Solar Fund Ltd (NESF) has this week announced it has acquired a portfolio of projects it intends to develop “without subsidies”.

The company confirmed earlier this week that it has acquired a portfolio of three operating solar plants boasting nearly 15MW of capacity, a Community Interest Company project with 1.7MW of capacity, and four development projects totalling nearly 60MW. Financial details for the deals were not disclosed.

The three operating solar plants in Nottinghamshire and Wiltshire are accredited under the Renewables Obligation scheme, while the community project receives incentives through the feed-in tariff scheme.

However, in an encouraging sign for a UK solar market that has stalled in the wake of steep subsidy cuts, NextEnergy said the development projects were designed to be “remunerated without subsidies by selling the electricity generated into the market or via power purchase agreements with individual off-takers”.

The company said three of the four development projects have planning permission and grid connections approved, while the acquisition of the fourth is subject to it securing full planning permission.

“The seller of the projects will work with NESF to extend the relevant project rights to maximise the time frame during which NESF can commence construction of the plants,” the company said. “NESF will initiate construction of each individual asset only once the financial returns are sufficiently attractive.”

However, it added that it was confident a point would soon be reached when the projects become viable investments.

“The company’s investment advisor expects subsidy-free solar plants to become financially viable in the UK over the next 12- to 24-month period as investment values and operating costs continue to decline significantly,” it added in a statement. “NextEnergy Capital is at present working with suppliers to drive investment values and operating costs down to sustainable levels.”

The fund also announced this week that it is proposing a share issue to raise a further £100m in support of pending transaction activity.

The UK’s solar market has contracted sharply in the past year in the wake of the closure of the Renewables Obligation scheme, cuts to the feed-in tariff scheme, and the failure of the government to allow solar farms to bid for clean energy price support contracts.

However, industry insiders are growing increasingly optimistic that where projects can secure a power purchase agreement or a private wire connection that allows power to be used on site they could deliver subsidy-free solar.

In related news, UK-based green investment specialist Ingenious has unveiled ambitious plans to boost the development of the Australian solar sector through the formation of a new A$200m backed joint venture.

Ingenious announced yesterday that it has formed a joint venture with Australian solar developer Stellata Energy that will fund a pipeline of major solar farm projects, including a glagship 120MW development.

The companies said they were well placed to support the Australian government’s new goal of doubling the capacity of large scale renewables projects to 33,000GWh by 2020.

Australia-based Stellata has developed 600MW of ground and roof-mounted solar projects across Europe, while Ingenious has emerged as one of the leading renewables investors in the UK and Ireland, mobilising £500m of investment in recent years.

“As a West Australian company, we are very excited to be partnering with Ingenious in our quest to bring utility scale solar power to our state,” said Troy Santen, director at Stellata in a statement. “Our collaboration will drive forward the development of solar PV projects, as well as the creation of jobs in local communities.”

Sebastian Speight, managing director at Ingenious Infrastructure, said the venture would build on the companies’ successful track record of working together on previous projects. “Australia has huge potential to benefit from solar energy, due to its geographical positioning and high levels of irradiation, and we are confident that Stellata can fully capture the rewards this technology can offer,” he added.

In other industry news, the Global Solar Council announced today that Jodie Roussell has been appointed as the organisation’s new chief executive. She will take up the post from April 1st, having previously worked as head of public affairs for Trina Solar in Europe, Africa & Latin America.

Source: businessgreen.com

Google Adds Peer Pressure To Project Sunroof

Foto-ilustracija: Pixabay
Photo-illustration: Pixabay

New ideas struggle for acceptance. We are all fascinated by new technology but repelled by it at the same time. Peer pressure is a big factor in breaking down the barriers to new ideas. Early adopters lead the way, then the masses follow. Google is taking advantage of our human foibles by tweaking its program to show people which houses in their neighborhood have rooftop solar systems installed.

Electric car advocates know the process well. People who have never tried an electric car have a raft of questions. What if I run out of range? What if the battery fails? What if it catches on fire? What if I want to drive to the coast tomorrow? Fossil fuel companies play on those fears to cement their competitive position.

But once a neighbor parks an electric car in the driveway, the dynamic changes. “It happens at the street level, it happens within zip codes, it happens within states. It seems to be a common feature of human decision-making that crosses many boundaries,” says Kenneth Gillingham, a professor of economics at Yale University. It has nothing to do with age, education, income, or whether your parents voted for Ralph Nader. Suddenly, once one person has something, everyone wants it.

Google’s Project Sunroof now adds a red dot to every roof that has a solar system in the neighborhood. Voila! Just by doing that, having rooftop solar doesn’t seem to strange anymore. Project Sunroof is a free online tool that makes it easy for people to obtain and use rooftop solar panels. With 60 million homes in its data base, it shows people how much sun hits their roof and how much solar panels could save them every month.

Project Sunroof was started in 2015 by Carl Elkin, a Google engineer. “It highlights that, for many people, solar is often free. In many cases, including for my house, solar is better than free,” Elkin says. “People want to know: ‘What if there’s some hidden gotcha in the contract? Usually there isn’t. ‘Does this work for other people like me? Is solar really viable in my neighborhood?”

With Project Sunroof, “You can zoom around through your town and understand how common solar is in your neighborhood. And many people have found — Wow, there is a lot more solar in my neighborhood than I’d realized. We want people to realize solar is absolutely part of the fabric of American life,” Elkin says.

Being able to see solar panels on a roof creates a big increase in interest from neighbors, but not all rooftop solar systems are visible from the street. The new Project Sunroof feature “tells you that people nearby have installed solar panels even if you can’t see them from the road,” Gillingham says.

“It creates a social norm around solar panels,” he says. “When many people have solar panels around you, it’s a normal thing to do. You’re not going out on a limb by having a company come out and look at your rooftop.”

Elkins says, “We want people to realize solar is absolutely part of the fabric of American life. Out of these many houses, each saving money, comes one solution to the environmental problem. Out of many, one. That’s a very American idea.”

Source: cleantechnica.com

Wind, Solar, & Energy Efficiency Replacing Coal In The UK

Foto-ilustracija: Pixabay
Photo: Pixabay

Wind and solar energy, as well as energy efficiency measures, are serving to replace the overwhelming majority of power which in the UK had previously been supplied by coal power, according to a new analysis conducted by Greenpeace’s Energydesk.

The UK’s share of coal in its electricity mix has been plummeting over the last few years, ever since 2010, and has now reached historic lows. In fact, a report published last month shows that coal’s contribution to the UK’s overall electricity mix fell to 6%, thanks in part to a massive retirement of coal plants during 2016 — 30% of the UK’s coal fleet.Over the past 18 months, wind and solar have repeatedly chalked up milestones and records, outperforming coal again and again for the first time in the country’s history. In just the last year, UK solar generated more electricity than coal over the 6-month period of April to September, 2016, while the UK wind energy sector generated more electricity than coal for the whole of 2016.

According to Energydesk’s new analysis, coal’s absence has not been made up for by natural gas — the UK’s new primary source of electricity — but rather by renewable energy and energy efficiency measures, that have together accounted for nearly 85% of the power the UK no longer sources from coal generation. Natural gas has definitely increased its share, and may yet rise further over the coming years, but according to Greenpeace, it is now “actually producing significantly less power than it was at the beginning of the decade.”

Wind energy increased its generation from 10.2 terawatt-hours (TWh) in 2010 to 37.5 TWh in 2016 — mostly from onshore wind, though the ever-increasing offshore wind capacity will likely see this figure rise much further and faster due to the inherently larger nature of offshore wind power plants. Solar, meanwhile, went from generating statistically not much at all to generating more than 10 TWh in 2016.

Add to that the fact that energy efficiency measures helped decrease power demand by 7% between 2010 and 2016, and coal power is quite unnecessary now.

A separate report published this month by UK group Biofuelwatch showed that the UK generated 72% less electricity from coal in 2016 than it did in 2011. Further, UK electricity generation from wind and solar tripled over that period. Biofuelwatch conclude that.

Biofuelwatch concluded that coal burning in the UK has fallen by 64% since 2011 overall, and by 72% in the electricity sector. While burning biomass (mainly wood pellets) accounted for 21% of the reduction in coal, the electricity from wind and solar replaced 41% of the drop in coal electricity.

Source: cleantechnica.com

Carlsberg Brews Up Science-Based Zero Carbon Targets

Foto-ilustracija: Pixabay
Photo: Pixabay

Carlsberg has unveiled an ambitious new sustainability programme aimed at wiping out the carbon footprint of its breweries by 2030 and putting the company in line with a 1.5C climate scenario.

Launched today, the new plan is described as “a response to increasing consumer demand for sustainable products at a time of global challenges such as climate change, water scarcity and public health issues”.

The company revealed it has worked with the Carbon Trust consultancy to gain full approval for its emissions targets through the Science-Based Targets initiative, becoming one of the first global corporations – after Tesco last month – to set goals in line with a 1.5C global warming scenario.

Under the plan, Carlsberg Group is aiming to achieve zero carbon emissions at its breweries worldwide by 2030, with each being run on 100 per cent renewable electricity and using ‘low climate impact’ cooling from 2022 at the latest.

Moreover, it is also engaging with its supply chain to reduce its ‘beer-in-hand’ emissions – the full life cycle carbon footprint of its products – by 30 per cent by 2030 against a 2015 baseline.

On water, Carlsberg said it had worked with experts from WWF to identify those breweries situated in regions with a high-risk of water scarcity and would co-operate with local partners to improve water management.

The brewer has additionally set out to cut its water usage by 25 per cent by 2022 from a 2015 baseline, rising to a 50 per cent reduction by 2030.

Cees ‘t Hart, Carlsberg Group CEO, said he wanted to set industry standards on sustainability, as climate change and water scarcity challenges require collective action.

“I’m certain that in achieving our targets we’ll create efficiency improvements, risk reduction and a more resilient business that exists in harmony with local communities and the environment,” he added. “Our clear targets and ambitions reflect the mentality of our founders to always strive for perfection and contribute to society through science.”

Further bolstering its climate commitments, Carlsberg also announced plans to establish a community of young scientists led by its existing Carlsberg Research Laboratory to help improve the resilience of crops and “foster further scientific developments within CO2, water and sustainable brewing”.

Tom Delay, chief executive of the Carbon Trust, praised the Danish brewer’s new climate ambitions for going “above and beyond” the levels of carbon reduction needed to stay within a 2C scenario.

“Just getting better is no longer good enough,” said Delay. “Carlsberg has taken a genuine leadership position on some of the most critical environmental issues the world currently faces, by developing an ambitious long-term business strategy that focuses on delivering a sustainable future.”

Source: businessgreen.com

Tesla Now Powers this Island with Solar Energy

Foto-ilustracija: Pixabay
Photo-illustration: Pixabay

American automaker Tesla has recently built a solar energy project in Kauai in Hawaii, The Verge reported.

The Kauai project consists of a 52 megawatt-hour battery installation plus a 13 megawatt SolarCity solar farm, it said.

Tesla and the Kauai Island Utility Cooperative (KIUC), the power company that ordered the project, believe the project will reduce fossil fuel usage by 1.6 million gallons per year, the report said.

Islands like Kauai have traditionally generated electricity by shipping in many barrels of diesel fuel.

There’s no natural gas pipeline or rail line to haul in coal in Kauai and has many residences and businesses possessing installed solar power, so there is greatly reduced need to burn fossil during the day — but at night, the generators kick in, the report said.

Tesla wants to change all that, with a massive new solar farm and energy storage project on the island.

According to the report, like with the solar/battery microgrid installed on the island of Ta’u in American Samoa last year, the KIUC project uses Tesla’s Powerpack 2 battery system, built at Tesla’s Gigafactoryin Nevada.

KIUC didn’t purchase the solar panels and battery system from Tesla outright, instead, KIUC has contracted with Tesla to purchase electricity.

There’s a 20-year contract in place to buy the solar-generated power for 13.9 cents per kilowatt hour — in effect, Tesla is now in the power generation business.

It’s the first major solar-plus-storage project for Tesla since its $2.6 billion acquisition of SolarCity last year.

“Will work with energy providers around the world seeking to overcome barriers in the way of building a sustainable, renewable energy grid of their own,” the report said quoting Tesla as saying in a statement.

The report further quoting Tesla CEO Elon Musk said stationary storage is “something I think will probably be as big as the car business long term.”

“And will actually have a growth rate probably several times that of what the car business is per year. The growth in stationary storage is really under appreciated. That’s a super-exponential growth rate,” Musk said.

Source: zeebiz.com

Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis

Foto-ilustracija: Pixabay
Photo: Pixabay

More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector.

Slowing demand for oil and forecasts of rapid growth in renewables posed both a threat and and opportunity BP, Shell and Total among others cannot ignore, said research group Wood Mackenzie.

“The momentum behind these [renewable] technologies is unstoppable now,” said Valentina Kretzschmar, director of research.

“They [the oil companies] are recognising it is a megatrend; it’s not a fad, it’s not going away. There is definitely a risk to their core business.”

The commodities analysts found the major energy companies would need to spend more than $350bn (£275bn) on wind and solar power by 2035 to take a market share similar to the 12 per cent they have in oil and gas.

Wood Mackenzie admitted that such spending was high even for oil companies and therefore an “unlikely scenario”, but forecasted that renewables could still be more than a fifth of capital allocation beyond 2030.

Most of the oil and gas giants are slowly beginning to transform in the face of climate change policies and slowing demand.

Norway’s Statoil is to deploy the world’s first floating offshore windfarm later this year off Scotland to buoy its existing portfolio of offshore turbines. Shell spent several hours of its annual general meeting in May boasting of its commitment to tackling climate change and to renewable power projects, such as windfarms off the coast of the Netherlands.

Wood Mackenzie said most oil and gas companies realised renewables posed an existential risk to them and needed to hedge against the threat by diversifying.

“Capturing the growth opportunity in this growing market is a driver, but let’s not also forget there is investor pressure,” said Kretzschmar, citing the 62 per cent of shareholders who voted at Exxon’s AGM to force the company to be more transparent on climate change.

Like BP, Wood Mackenzie predicted demand for renewables would grow faster than oil in the next two decades: the analysts forecasted annual growth rates of six per cent for wind and 11 per cent for solar, compared with 0.5 per cent for oil demand.

Offshore windfarms are probably the most attractive individual technology because of the comparable in scale to drilling for oil and gas, Wood Mackenzie said. But “dramatic reductions” in costs for solar and wind meant that in some places both technologies were now subsidy-free, it added.

Kretzschmar said the European oil and gas companies had embraced renewables much more eagerly than US rivals such as Exxon and Chevron because the US firms had lower cost oil and gas production.

Statoil said it now employed about 100 people in its energy solutions division, which includes wind and carbon capture. The gas and renewable power division of France’s Total, which includes solar, biofuels and batteries as well as gas, employs 13,000 people and accounted for $4.7bn of capital expenditure in 2016.

Anglo Dutch firm Shell has said its new energies unit will spend $1bn a year on biofuels, hydrogen and renewables by 2020, up from the $200m it spent last year, mainly on R&D.

Wood Mackenzie said returns for renewables were about half those of oil and gas production, but the long-life of cashflow from assets such as windfarms could help firms support their dividends.

The analysts warned that companies that delayed diversification could risk finding themselves left behind – “at a structural disadvantage” – if wind and solar grow even more rapidly than expected.

Revenues from oil and gas are 33 times the level of renewables, but expected to narrow to 13 times by 2035.

Campaigners said Total was the only European oil and gas major taking renewables seriously.

“It has ambitious plans. For BP and Shell, renewables are nice for PR, but they are not doing anything significant on it. So the idea all the majors could be doing 20 per cent [of capital expenditure on renewables] is quite bold,” said Greg Mutitt of Oil Change International.

However, he said that even a fifth of investment was incompatible with the goals of the Paris climate deal. “Twenty per cent of Capex doesn’t even come close [for Paris]. You could put it the other way, that 80 per cent of Capex is still causing the problem.”

Source: businessgreen.com

Germany and California Bolster Climate Cooperation as US Backs Off G7 Statement

Photo-illustration: Pixabay
Photo: Pixabay

Germany and California have agreed to bolster their cooperation on tackling climate change, as international criticism continues to mount over the US government’s decision to pull out of the Paris Agreement.

Just days after agreeing a climate cooperation pact with China, California Governor Jerry Brown met with Germany’s environment minister Barbara Hendricks over the weekend in San Francisco.

In a further sign of defiance against President Trump’s decision to back away from global climate action, Brown and Hendricks issued a joint statement underscoring the importance of the two economic powerhouses working together with other global governments and regions to provide leadership on international climate action.

The statement emphasised that tackling climate change “is not only a necessity but also an opportunity for growth”.

In addition it publicly backed the work of the Under 2 Coalition of 175 global cities and regions, which is working to keep worldwide average temperature increases below 2C.

“China and Germany – two of the most powerful countries in the world – are working with California and with other states to deal with climate change,” said Governor Brown in the statement. “The current withdrawal from the Paris Accord by the Washington administration is being overcome and countermanded by people throughout the whole world.”

The move is part of a raft of efforts from regional and national governments – as well as businesses – to solidify international support for the Paris Agreement and decarbonising the global economy in the wake of President Trump’s decision on quit the pact.

“The United States’ withdrawal from the Paris Agreement underscores the significance of subnational actors in particular in our joint efforts to achieve the overall objective and goals,” Germany’s environment minister Hendricks added in the statement. “Together with California, Germany will provide strong leadership for the Under2 Coalition in the COP23 in Bonn this November.”

The bilateral agreement comes as the US administration refused to add its name alongside other countries to a G7 communique on climate change issued yesterday following a two-day meeting of environment ministers in Italy.

The summit was attended by US Environmental Protection Agency (EPA) chief Scott Pruitt, but he is said to have left the meeting early to return to the US.

The 15-page communique issued at the close of the summit includes a section on climate change, in which the environment ministers of Canada, France, Germany, Italy, Japan, the UK, and the EU Commission reaffirmed their “strong commitment to the swift and effective implementation of the Paris Agreement, which remains the global instrument for effectively and urgently tackling climate change and adapting to its efforts”.

However, having announced its intention to pull out of the Paris accord earlier this month, the US refused to join its fellow G7 members in backing sections of the communique covering climate change and Multilateral Development Banks.

In a footnote to the communique, the US government emphasises that it continues “to demonstrate through action, having reduced out CO2 footprint as demonstrated by achieving pre-1994 CO2 levels domestically”.

“The United States will continue to engage with key international partners in a manner that is consistent with our domestic priorities, preserving both a strong economy and a healthy environment,” the footnote states. “Accordingly, we the United States do not join those sections of the communiqué on climate and MDBs, reflecting our recent announcement to withdraw and immediately cease implementation of the Paris Agreement and associated financial commitments.”

Elsewhere, the US did endorse sections of the communique covering the UN Sustainable Development Goals and tackling marine litter, among other issues.

Source: businessgreen.com

Smart City: Mayor Sadiq Khan Promises Funding Boost for 100 Clean Tech Firms

Photo: Pixabay
Photo: Pixabay

Mayor Sadiq Khan yesterday unveiled a new fund promising to provide £1.6m of funding to 100 London-based clean tech firms, in support of his vision to make the capital the “world’s leading ‘smart city'”.

Speaking at the launch of London Tech Week, Khan called on the global tech industry to step up efforts to tackle environmental and social challenges, including air quality, climate change, housing, and the future of the transport sector.

“My ambition now is to harness the new technologies that are being pioneered right here to transform London into the world’s leading smart city,” he said. “The potential for cutting-edge technology to tackle a host of social, economic and environmental challenges is immeasurable. From air pollution and climate change to housing and transport, new technologies and data science will be at the heart of the long-term solutions to urban challenges.”

In support of the new ambition, the Mayor officially launched the Better Futures Clean Tech Incubator, which will aim to support 100 London-based small businesses in delivering “low-carbon and clean-tech products to tackle the causes and effects of climate change”. The Mayor’s Office said the funding would help kick start the development of a clean-tech cluster for London, developing a hub for low-carbon industries in the capital.

Khan said recruitment was also under way for the post of London’s first Chief Digital Officer, who would be tasked with supporting the roll out of a new generation of smart city technologies.

And he reiterated his commitment to ensuring that post-Brexit the UK retains its position as Europe’s leading city for foreign direct investment into the technology sector.

As such, the Mayor used the start of London Tech Week to open Plexal, a new innovation hub at Here East with capacity for supporting up to 800 technology start-ups and global corporations.

“Plexal will become a truly unique innovation destination not only for London but the rest of the World,” said Claire Cockerton CEO of Plexal. “The success of London’s technology sector has been built on a strong culture of collaboration and entrepreneurial spirit. At Plexal, our mission is to become the beating heart of inventive enterprise; connected, intelligent and dynamic – where people join forces, ideas spark and new business is born.”

Source: businessgreen.com

IRENA To Work With State Grid Of China To Accelerate Energy Transition

Photo: Pixabay
Photo: Pixabay

The International Renewable Energy Agency and the State Grid Corporation of China announced their intention last week to increase their cooperation with the intent to advance China’s energy transition.

The State Grid Corporation of China is the world’s largest utility, and China has already proven itself as the world leader in clean energy technology deployment, so it is no surprise that the International Renewable Energy Agency (IRENA) has partnered to enhance existing cooperation to further advance China’s energy transition under global and regional initiatives — including the Paris Climate Agreement and China’s own Belt and Road Initiative. More specifically, the framework of the agreement signed by the two entities provides for opportunities to collaborate on activities related to integrating higher shares of wind and solar capacity, better grid integration — a significant issue in China, which casts a pall over the massive capacity numbers they achieve each year — interconnection, and smart grids.

“As the world’s largest renewable energy market, China is at the forefront of renewable energy and it is State Grid that provides the electricity backbone for over 1 billion people,” explained IRENA Director-General Adnan Z. Amin. “Providing more electricity — and more renewable electricity — than any other utility in the world, State Grid’s extensive experience with grid infrastructure and integrating renewable energy into power systems will help improve understanding of how we can bring larger shares of renewable power online. We look forward to working together to accelerate the transition to a sustainable energy future both in China and around the world.”

“As the largest utility in the world, State Grid Corporation of China is dedicated to the interconnection of world power infrastructure to realize efficient, clean and sustainable development of global energy and contribute to the Belt and Road Initiative,” said State Grid Chairman Shu Yinbiao. “Based on the consensus of advancing the energy transition towards a low-carbon and green energy future, State Grid will implement extensive win-win cooperation with IRENA in terms of power grid technology, equipment and international standards.”

The framework also provides initiating technical in the context of IRENA’s Africa Clean Energy Corridor initiatives, and renewable energy capacity building activities throughout developing countries. Specifically, the Africa Clean Energy Corridor initiative “aims to transform the continent’s energy mix by promoting the development of clean, indigenous, cost-effective renewable power options.” Given the vital need for reliable electricity across Africa — and the lack of existing infrastructure, which means traditional fossil fuel-based energy generation technology is simply economically and logistically unviable — renewable energy stands as the number one means to solve energy poverty.

“Africa is endowed with abundant renewable and non-renewable energy resources,” said the authors of an IRENA report aimed at examining the electricity infrastructure of Eastern and Southern Africa. Two-thirds of these regions nevertheless still live without access to modern energy, “such as electricity and non-solid cooking fuels.”

Eliciting the support of more economically stable countries such as China to involve themselves in the development of developing countries will serve to enhance the speed at which these countries can acquire access to modern energy services, while also providing experience and economic benefits to those countries involving themselves.

Source: cleantechnica.com

General Mills Signs Wind Power Pact

Foto-ilustracija: Pixabay
Photo: Pixabay

Global food giant General Mills said last week it has signed a virtual 15-year power purchase agreement with Renewable Energy Systems (RES) for 100 megawatts (MW) of power from its Cactus Flats wind farm.

The project will produce renewable energy credits for General Mills that can be applied toward the company’s greenhouse gas emission reduction goals, Kallanish Energy learns.

“As we help mitigate the impacts of climate change, investing in wind energy is the right thing to do,” said John Church, executive vice president of Supply Chain at General Mills. “This investment is another step towards reducing our energy footprint and achieving sustainable emission levels — in line with scientific consensus — by 2050.”

General Mills’ investment will help fund the construction of the 150 MW Cactus Flats wind project being developed in Concho County, Texas, by RES.

“RES is proud to support General Mills in reducing its energy footprint and reaching its sustainability goals,” said Brian Evans, chief development officer, RES in the Americas.

Source: kallanishenergy.com

Red States Lead on Renewables

Photo-ilustration: Pixabay
Photo-illustration: Pixabay

A sweeping bipartisan bill to reform energy policies and encourage the growth of renewable energy was introduced by conservative lawmakers in the North Carolina legislature this week. The consensus bill, the result of months of negotiations, would grant utilities’ request to reform various renewable energy laws, but includes incentives for the solar industry, including solar rebates and third-party leasing.

The bill will go to a full vote in the House this week, where it could face blowback from climate change skeptics despite its significant Republican support. North Carolina isn’t the only red state pushing the envelope on renewable energy: as a new piece in the New York Times points out, “some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, and states carried by Donald J. Trump in the presidential election.”

The measure passed House Finance Tuesday, shortly before Gov. Roy Cooper issued a statement supporting it:

“This legislation will help North Carolina stay ahead with lower cost renewable energy that protects our environment and grows our economy. I urge the Legislature to pass it and I commend everyone who worked so hard to get this agreement,” Cooper wrote.

Over the last four years, North Carolina has become the nation’s second largest solar market, with California first.

As reported by WRAL:

“Among other things, the measure would lift the state’s ban on third-party leasing, allowing customers to rent the equipment for rooftop and community solar arrays, substantially reducing the upfront cost. It would also promote net metering, which gives the owner of a residential or commercial property with solar panels a bill credit for the retail cost of energy he or she puts back onto the grid, and it would include a solar rebate program for residential customers. And it would mandate a study on energy storage technology for intermittent sources like solar and wind.”

Source: ecowatch.com

Energia Opens Ireland’s Largest Ever Wind Farm in Donegal

Photo: Pixabay
Photo: Pixabay

Ireland’s largest ever windfarm officially has opened following a €145m investment by Energia at Meenadreen in south Donegal.

Ireland’s leading competitive energy provider Energia will use power from Meenadreen to supply green electricity to homes and SMEs all over Ireland. Energia is already well established as the most competitive dual fuel (electricity and gas) provider in Ireland’s home energy market. The company is now also one of the country’s leading providers of sustainable green energy and 25% of all wind generated electricity in Ireland is provided through Energia.

Energia has invested over €500m in wind farms since 2008. Its new Meenadreen windfarm is among the most technologically advanced generating facilities in the world with 38 turbines producing 95 Megawatts (MW) of electricity.

Each turbine stands 115 metres high with a rotor diameter of 90 metres generating power from strong wind pathways in the area. As Energia’s newest windfarm, Meenadreen alone can power up to 50,000 homes using wind energy which will reduce Ireland’s carbon dioxide emissions by up to 100,000 tonnes each year.

Energia has also successfully completed a pilot project for autonomous drone inspections through predetermined flight paths around the turbines. The new drone capability has the potential to automatically identify snags or defects and helps to enhance overall efficiency and safety on site.

The new windfarm was formally opened by Ian Thom, Group Chief Executive of Energia’s parent company Viridian Group and Peter Bailie, Managing Director of Energia Renewables, together with the Mayor of Donegal Town, Patricia Callaghan.

Energia Renewables is one of Ireland’s leading providers of sustainable green energy providing 25% of Ireland’s overall wind power to homes and businesses nationwide. Energia currently supplies its customers from over 1,000 MWs (1GW) of renewable energy capacity, with an additional €125m ongoing investment in wind farm developments where 4 further windfarms are currently being built by the company, bringing our total investment to €625m.

Over 250 children from local primary schools will tour the new facility marking Global Wind Day 2017. Energia also announced the funding of €95,000 for a third phase of its Meenadreen Community Fund, which has already invested €45,000 to date in projects of benefit to local communities throughout the surrounding region. The fund is independently administered by Community Foundation Ireland.

Ian Thom, Group Chief Executive of Viridian, said “Energia is one of Ireland’s leading energy investment partners underpinning national competitiveness and the long term sustainability and security of energy supply for the future. We’re helping to achieve Ireland’s renewable energy targets through our major renewable energy portfolio where we provide electricity from wind farms all over Ireland.

“We are proud to bring Ireland’s largest windfarm onto the national grid to power homes and businesses all over the island with naturally and sustainably produced electricity.”

Energia expressed its strong appreciation to the local community for their support and co-operation with the company as it set about developing the new windfarm.

Peter Baillie, Managing Director of Energia Renewables said, “This is an internationally prestigious development which is contributing to economic growth and the wellbeing of communities across the island of Ireland through the clean and efficient production of renewable energy. We look forward to our continuing partnership with our neighbouring communities through the Meenadreen Community Fund. We will also be a continuing contributor of local authority rates for the lifespan of the windfarm which will be a minimum of 25 years.”

The Meenadreen windfarm has 38 Nordex N90 2.5MW turbines. Taking just over 2 years to complete, its development by Energia Renewables was financed by loans from NordLB supported by Euler Hermes. Construction was carried out by Denis Moriarty “The Kerries” Limited and electrical works by Kirby Group limited. Engineering services were provided by Wind Prospect and Jennings O’Donovan, with legal support from Arthur Cox.

Source: yourrenewablenews.com

2 Million Electric Cars Now Trolling Pollution, IEA Reports

Photo: Pixabay
Photo-illustration: Pixabay

The number of electric cars in the world has increased 60% since this time a year ago, according to the International Energy Agency. That’s the good news. The not so good news is that electric cars still only account for 0.2% of all the cars in the world. The rest are conventional vehicles that flit along the highways and byways of the world, spewing who knows what out of their tail pipes.

Let’s get back to the good news. Sales of electric cars are accelerating and anyone who understands exponential growth can see that it won’t be long before the total number of electric cars in the world begins to shift from negligible to significant.

The latest IEA report says, “China was by far the largest electric car market, accounting for more than 40 percent of the electric cars sold in the world and more than double the amount sold in the United States. It is undeniable that the current electric car market uptake is largely influenced by the policy environment.”

The number of electric cars available to consumers is also experiencing dramatic growth. Automakers from Mercedes, to Volkswagen, to Hyundai are working furiously to bring more cars with plugs to market. Emissions regulations are spurring growth as well.

Just a few years ago, car companies thought they could meet tough new emissions rules in Europe with clean diesel technology. That idea exploded in the wake of the diesel emissions scandal that washed over Volkswagen in September of 2015.

Since then, prosecutors in Germany, France, and South Korea have begun investigating diesel cheating by other manufacturers, including Mercedes-Benz. It is now apparent that only adding electric motors will allow cars intended for sale in Europe to meet those emissions standards.

Tesla also deserves tremendous credit for making electric cars cool. It has at least 500,000 reservations worldwide for its Model 3 midsize sedan that goes into production in a few weeks. Countries like India are toying with laws prohibiting the sale of cars with internal combustion engines as early as 2030.

The electric car revolution is gathering speed. It’s time to get on board or get left behind.

Source: cleantechnica.com