Renewable energy news
I’m reminded of my school days when our German teacher on the last day of term used to read us tales of Baron Münchhausen, who on one occasion jumped on his horse and rode off madly in all directions. There is so much going on, fully covered at RenewEconomy, so it is difficult to select the most significant. I’ll try a couple of themes, and include some AFR coverage, which is trying to keep business informed.
The South Australian tender for 100MW grid-scale storage has received 90 expressions of interest from 10 countries, demonstrating an established global industry. Continue reading Climate clippings 203
When Elon Musk dramatically promised to build a grid-scale battery in South Australia, the media was enthralled. Share traders and a string of Australian fund managers smirked. They’d seen it all before, and were shorting him in the market.
In that very week he was in the market with plans to raise $US1.15 billion in equity and convertible notes. I understand also that Tesla has gone strangely quiet about SA since then. Continue reading Climate clippings 201
The Murdoch media continues to lay the blame on renewables, a notion specifically rejected by AEMO, leading to a Twitter battle between SA minister Tom Koutsantonis and The Australian’s Adelaide bureau chief, Michael Owen.
Continue reading Climate clippings 200
1. Jellyfish on the march
This impressive bloom of blue blubber jellyfish showed up a few weeks ago beached at Deception Bay, just north of Brisbane:
Continue reading Climate clippings 196
Craig Emerson says we can get the gas we need, but is it necessary?
Craig Emerson has an article in the AFR, also on his site, suggesting that politicians need to urgently turn their minds to gas supply in east Australia. Emerson had warned them back in 2014, but they took no notice, and AEMO assured everyone there was no problem.
Suddenly there is. The price of gas-fired electricity threatens manufacturing jobs, and gas is needed to replace coal-fired power. Continue reading Gas, pumped storage and energy futures
David Leitch’s article Battery storage: Bad advice about costs is fooling Australian governments reviews two American reports on grid-scale battery storage in the states of Texas and Massachusetts. He says the reports:
are detailed, professionally modelled and far more forward looking and sophisticated than anything so far produced by traditional Australian electricity consultants such as Jacobs, Frontier, IES, Ernst & Young or ACIL Allen.
Leitch, the principal of ITK says in their view:
Australia is being held back, in part, because consultants in Australia provide advice to federal and state governments based on expensive models that are basically out of date. The models don’t, and in fact can’t, take an integrated (whole of system) view.
Continue reading Grid-scale battery storage: can it happen in Australia?
Bloomberg is warning that the multi-trillion-dollar ‘big crash’ in oil investments could start as soon as 2023. However, the smart money is bound to move earlier. Here’s the progress of electric car sales:
Continue reading Climate clippings 188
In what is called ‘attribution science’ climate scientists are getting better at analysing how much climate change has influenced particular extreme weather events.
In short, it is no longer a question of weather there is an influence, rather how much.
It would be useful to know, for example, whether the kind of storm that hit South Australia is still a once in 50 years event. Continue reading Climate clippings 185
Half the price of coal!
In last week’s energy auction, Chile accepted a bid from Spanish developer Solarpack Corp. Tecnologica for 120 megawatts of solar at the stunning price of $29.10 per megawatt-hour (2.91 cents per kilowatt-hour or kwh). This beats the 2.99 cents/kwh bid Dubai received recently for 800 megawatts. For context, the average residential price for electricity in the United States is 12 cents per kilowatt-hour.
Continue reading Climate clippings 181
His boss, Pauline Hanson, thinks he has the “true facts”, and in denialists quarters he has gained a reputation for exposing corruption in the IPCC, the CSIRO and elsewhere. Continue reading Climate clippings 177
In Climate clippings 175, Item 4, I made reference to the Bloomberg New energy outlook, 2016 report which identifies eight “massive” shifts coming soon to power markets. In this post I’d like to take a closer look.
The summary sentence tells us that “coal and gas will begin their terminal decline in less than a decade”. Frequently the title of an article and the summary lead-in sentence are not written by the authors. In this case the “terminal decline” of coal and gas is more than a little misleading. Continue reading Bloomberg’s New energy outlook, 2016