The Bank of England Has a Coal Problem

The Bank of England Has a Coal Problem

But while the U.K. government has aligned national policy to phase out coal use, its very own central bank, which has been the world’s most vocal financial champion of limiting the risk from climate change, is conspicuously absent in that effort.

Is Australia about to get its first Chinese electric vehicle?

Is Australia about to get its first Chinese electric vehicle?

Well, the first ones are now on hand here in Australia – new vehicle importer EV Automotive, in collaboration with the Chinese EV manufacturing business DFSK, is formally announcing two Chinese built EVs for the Australian market at the National EV Expo and Experience Weekend in Sydney this October 26 and 27.

Ofgem tells National Grid to cut Hinkley funding by £80m

Ofgem tells National Grid to cut Hinkley funding by £80m

The regulator said it was planning to reduce by £80 million what the country’s grid operator is allowed to charge households to connect Hinkley Point C.

New York City trades gas plant for the world’s largest battery

New York City trades gas plant for the world’s largest battery

energy storage facility (pdf) to “provide peak capacity, energy, and ancillary services in New York City while enhancing grid reliability”.If the groups deploy all 2.5 GWh of energy storage, they will need demolish 16 existing gas peaker plants, only two of which – with a total peaking capacity of 316 MW – are currently running.

BiFab ramps up delivery of delayed steel structures for Moray Firth wind project

BiFab ramps up delivery of delayed steel structures for Moray Firth wind project

A source close to BiFab revealed last night that 18 pin piles had been take out to the Moray East Offshore Wind Farm from the firm’s Arnish yard on the Isle of Lewis, with another six coming from its Methil yard in Fife.

Most of world’s coal power stations must close by 2030 to meet Paris target

Most of world’s coal power stations must close by 2030 to meet Paris target

The research – led by a team from the Center for Global Sustainability based at the University of Maryland – found that to meet the Paris 2°C target, the global coal generation fleet would need to close when plants reach an operating age of 35 years, which contrasts to the Australian government assumption that all coal generators will last 50 years, if not more.

Grid Edge Trends From 2019 (So Far)

Grid Edge Trends From 2019 (So Far)

The FERC decision on price formation will set a precedent for how state energy regulation and subsidies impact pricing for ISO/RTO markets with a capacity market — and more broadly on the responsibility and price tag on resource adequacy procurement.

The fuel of the future

The fuel of the future

It yoked together greens, who thought wood was carbon-neutral; utilities, which saw co-firing as a cheap way of saving their coal plants; and governments, which saw wood as the only way to meet their renewable-energy targets.

What 2020 Democrats will do to hold fossil fuel companies accountable for climate change

What 2020 Democrats will do to hold fossil fuel companies accountable for climate change

Joe Biden: [I] will take action against fossil fuel companies and other polluters who put profit over people and knowingly harm our environment and poison our communities’ air, land, and water, or conceal information regarding potential environmental and health risks.

New York Approves 316MW Battery Plant for Peak Power, First of Kind in Region

New York Approves 316MW Battery Plant for Peak Power, First of Kind in Region

The Ravenswood project, if built, will be the largest battery plant in the state, providing emissions free power to the New York City region during the hours of greatest demand.

Beatrice Offshore Wind Farm shortlisted for three Scottish Green Energy Awards

Beatrice Offshore Wind Farm shortlisted for three Scottish Green Energy Awards

EDF Renewables chief executive, Matthieu Hue, said: “The shortlist for the Scottish Green Energy Awards clearly shows the talent that exists within Scotland’s renewables industry.A renewable energy project on the Isle of Canna, in the Inner Hebridies, has also nominated in the Best Community Project Award category.

Facebook and Google: Utilities Must Take Lead on Grid Decarbonization

Facebook and Google: Utilities Must Take Lead on Grid Decarbonization

Though Freed said that Facebook has “managed to figure out a system that works for us with every utility partner that we work with,” both companies have also had to do a lot of their own legwork to meet renewables targets.

India plans world's largest floating solar power plant at 1GW

India plans world's largest floating solar power plant at 1GW

The floating solar plant is planned for India’s largest reservoir on the Indira Sagar Dam in Madhya Pradesh, in central India, said the Times of India , quoting the state’s renewable energy minister.

The Path to 100% Renewable Power Is Looking More Achievable

The Path to 100% Renewable Power Is Looking More Achievable

Nonetheless, Becker expects Belgium can generate at least 75% of its electricity with renewables by 2050 by relying on solar, wind and a variety of other technologies, including so-called “combined cycle gas turbines” that use gas and steam for power.

Can Venture Capital Make America Do Tough Things Again?

Can Venture Capital Make America Do Tough Things Again?

Additional resources: Fortune: Why This Venture Capitalist Is Tackling 'Tough Tech' Listen to our previous Interchange episode on why cleantech VC is back Vox: This Climate Problem Is Bigger Than Cars and Much Harder to Solve Support for the Interchange podcast comes from Schneider Electric, the leader of the digital transformation in energy management and automation.

New North Sea industry event looks to 2035 and beyond

New North Sea industry event looks to 2035 and beyond

Commenting on the event, which will be held in Aberdeen on Thursday, October, 24 OGUK supply chain director Matt Abraham said: “The people joining our industry today are among the most important voices in shaping the industry of tomorrow.

Moray power network gets £5million boost

Moray power network gets £5million boost

“This £5 million investment across Moray will improve the service we provide to our customers, with automated equipment being installed to reduce disruption, ensuring local communities receive the electricity they need to power their lives.”.

Young Norwegian politicians get taste of Scottish energy transition

Young Norwegian politicians get taste of Scottish energy transition

A group of young Norwegian politicians and climate activists visited a Stonehaven wind project and met the country’s energy minister in a bid to understand the Scottish clean energy transition.

Solar to lower power bills 4.6% at Arkansas co-op

Solar to lower power bills 4.6% at Arkansas co-op

The Ouachita Electric Cooperative, having added enough solar capacity to reduce its peak load by 30%, plans to file a docket with the Arkansas Public Service Commission for a 4.6% rate reduction, pending a final vote by the cooperative’s board on Thursday.

SSE to showcase local Seagreen contracts as MHI Vestas snare turbine deal

SSE to showcase local Seagreen contracts as MHI Vestas snare turbine deal

John Hill, Seagreen project director at SSE Renewables, said: “Seagreen represents one of the most significant construction projects ever undertaken in Scotland and we want members of the Scottish supply chain to have the opportunity to work with us.

Australia Institute says nuclear power ‘uninsurable and uneconomic’ in Australia

Australia Institute says nuclear power ‘uninsurable and uneconomic’ in Australia

The Australia Institute was also pessimistic about the potential for Small Modular Reactors (SMR) to be used in a viable nuclear project, finding that they suffer from ‘diseconomies’ of scale, and are likely to remain more expensive than zero-emissions alternatives until at least beyond 2040.In its submission to the nuclear inquiry, the Australian Energy Market Operator said that it believed it would take at least 15 years to get a Small Modular Reactor up and running in Australia.

Nordex Group announces more than 400 turbine orders for Q3 2019

Nordex Group announces more than 400 turbine orders for Q3 2019

Wind turbine firm Nordex Group has announced hundreds of turbine orders across the UK and Europe during its third quarter 2019.Nordex Group said Europe accounted for 60% of orders from July to September, while the growing USA took 28% and Latin America at 12%.

We told you so: Massachusetts regulators question utility “surprise”

We told you so: Massachusetts regulators question utility “surprise”

When the SMART program started to firm its structure in the spring and summer of 2018, pv magazine USA suggested that when the program launched National Grid territory would, once again, fill up fast.

Australia’s dirty grid may kill its biggest customers, and the case for coal

Australia’s dirty grid may kill its biggest customers, and the case for coal

Those two things added up to a 15TWh change in the demand/supply balance in the NEM and in Victoria and it’s a situation that impacts Victorian electricity prices to this day.

Hawaii’s Green Energy Projects Search For Ways To Navigate Community Opposition

Hawaii’s Green Energy Projects Search For Ways To Navigate Community Opposition

As protesters in Kahuku square off against the developer of a planned wind farm in the North Shore community, the standoff raises broader questions about executing Hawaii’s plan to shift to renewable energy.

Fossil fuel divestment to 'benefit renewables'

Fossil fuel divestment to 'benefit renewables'

Renewable energy infrastructure is set to benefit from global institutional investors divesting from fossil fuels over the next decade, according to a new report by Octopus Renewables.A majority of respondents (69%) said they believed renewables can play a significant role in tackling climate change and demand for these assets is growing.

Solar-plus-storage projects spreading across the U.S.

Solar-plus-storage projects spreading across the U.S.

Berkshire Hathaway Inc. affiliate NV Energy Inc., for instance, in June announced plans to add 1,190 MW of solar capacity paired with 590 MW of battery storage in Nevada.

Mali gold mine set for 30 MW of solar and 13.5 MWh of storage

Mali gold mine set for 30 MW of solar and 13.5 MWh of storage

The solar-plus-storage facility is likely to reduce heavy fuel oil consumption by 13.1 million liters per year.At an estimated fuel cost of $450/ton, the solar-plus-storage asset could save around $5.8 million per year.

Victoria bill to lock in 50% renewable target passes through upper house

Victoria bill to lock in 50% renewable target passes through upper house

Friends of the Earth say the litmus test for the Andrews government will be whether it will set science-based targets that keep warming well below 1.5°C.“The increased renewable energy target shows the Andrews government has a plan to cut emissions in the electricity sector in a way that creates climate jobs,” said Act on Climate spokesperson Anna Langford.

Multi-million drone solution unveiled for offshore energy assets

Multi-million drone solution unveiled for offshore energy assets

A consortium of five UK universities has unveiled new robot technology designed for the inspection, repair and maintenance of offshore energy assets.The Orca Hub, a multi-million pound research collaboration that saw universities work with 35 industrial and innovation partners, aims to advance robotics and Artificial Intelligence (AI) technologies for use on North Sea renewable energy assets.