Energy News StoriesExcerpts of Key Energy News Stories in Major Media
Note: This comprehensive list of energy news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
Mexico wants to produce 43% of its electricity from renewables by 2024, in only 6 years. Toward that end, in December it opened the Villanueva solar farm in the desert, with 2.3 million solar panels, generating enough juice to power 1.3 million homes. It is the largest solar project in the Western hemisphere. That’s right. The largest solar installation in the New World is not in the United States. It is in Mexico. In the first quarter of 2018, India set a record with the addition of 4.6 gigawatts of solar! That’s the name plate capacity of four small nuclear reactors, added in just one quarter. By the end of January India had 20 gigawatts of installed solar power capacity. In contrast, France only has 8 gigawatts of installed solar capacity. Dubai will tender a bid before the end of this year for a 300 megawatt solar farm, as part of its plan to get 7% of its electricity from solar by 2020. Since Dubai is one of seven emirates making up the United Arab Emirates, a major oil exporter, this push for renewables may ... seem hard to explain. But look more closely. Dubai does not have its own hydrocarbons and is rather a service economy. So ... it is highly beneficial for Dubai to get its electricity from solar, the fuel of which is free down the line once installment costs are paid off. The UAE gets enormous amounts of sunshine and bids have been let there for as little as 2.5 cents a kilowatt hour, which is world-beating. Coal, one of the cheapest hydrocarbons, is typically 5 cents a kilowatt hour.
Note: Watch a promotional video for the massive Villanueva solar farm in Mexico.
More money was invested in solar power in 2017 than in coal, gas and nuclear power combined, according to a new report for the United Nations Environment Programme (UNEP). The report says that global investment in solar rose 18% to $160.8 billion, driven by the Chinese market, which was responsible for more than half of the world’s 98GW of new solar capacity. Solar power made up 57% of last year’s total for all renewables (excluding large hydro) of $279.8 billion, and it towered above new investment in coal and gas generation capacity, at an estimated $103 billion. Last year was the eighth in a row in which global investment in renewables, excluding large hydropower, exceeded $200 billion. The $2.7 trillion invested in clean energy from 2007 to 2017 have increased the proportion of electricity generated by wind, solar, biomass and waste-to-energy, geothermal, marine and small hydro globally to more than 12%, from 5.2% in 2007 ... and has avoided the emission of about 1.8 gigatonnes of CO2, about the same as is emitted by the entire US transportation system. UN Environment head Erik Solheim said that “the extraordinary surge in solar investment shows how the global energy map is changing and, more importantly, what the economic benefits are of such a shift. Investments in renewables bring more people into the economy, they deliver more jobs, better quality jobs and better paid jobs. Clean energy also means less pollution, which means healthier, happier development.”
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A research team at the University of Bristol has developed a way to use a type of nuclear waste to generate electricity in a nuclear-powered battery that is an actual diamond. Such a battery produces very low power, but has no moving parts, no emissions of any type including radiation, needs no maintenance, does not need to be recharged and will operate for thousands of years. The team grew a man-made diamond that, when placed in a radiation field, was able to generate a small electrical current. And the radioactive field can be produced by the diamond itself by making the diamond from radioactive carbon-14 extracted from nuclear waste. Even better, the amount of radioactivity in each diamond battery is a lot less than in a single banana. Diamonds are made from pure carbon subjected to high pressures, usually deep in the Earth’s crust. But we have been artificially making them for decades. The normal way to produce electricity is to use energy, like burning coal or capturing wind, to move a magnet through a coil of wire to generate a current. However, a diamond is able to produce a charge simply by being subjected to a radiation field. The cost to produce a diamond is a lot less than disposing of used nuclear fuel and nuclear waste. These radioactive diamond batteries would have a very specific purpose – low power and extremely long life. The ... battery would still be putting out 50% power after 5,730 years.
Lockheed Martin has reportedly been working on a revolutionary new type of reactor that can power anything from cities to aircraft carriers. The Maryland-based defense contractor recently received a patent for the compact fusion reactor (CFR) after filing plans for the device in 2014. According to reports, one generator would be as small as a shipping container but produce the energy to power 80,000 homes or one of the U.S. Navy’s Nimitz-class carriers. Lockheed’s advanced projects division, Skunk Works, has reportedly been working on the futuristic power source since 2014 and claimed at the time that a CFR could be ready for production by 2019. “I started looking at all the ideas that had been published. I basically took those ideas and melded them into something new by taking the problems in one and trying to replace them with the benefits of others,” Dr. Thomas McGuire of Skunk Works said during a 2014 interview. “The nice thing about a fusion reaction is that if somehow it would go out of control, it would just stop itself automatically,” William & Mary’s Saskia Mordijck told Phys.org in 2012. “If a fission reaction goes out of control, it can really go out of control. You can’t stop it and it actually might go into a nuclear meltdown.” Lockheed advertises its quest to develop fusion power on its website, calling the technology “a cleaner, safer source of energy” that could be used to power communities or even travel to Mars.
Note: A 2004 New York Times article stated that Lockheed Martin runs a "breathtakingly big part" of the US. This company's "Skunk Works" was kept very secret until 2014, when reporters were given a glossy brochure featuring a "10-point "Skunk Works 2015" agenda". For more along these lines, see concise summaries of deeply revealing energy invention news articles from reliable major media sources.
Wind power in the UK set a new record today by generating 14 gigawatts for the first time – nearly 37 per cent of the the country’s electricity. The National Grid control room confirmed that 13.9 gigawatts was the highest ever metered wind output. At 10am on Saturday Wind generated 13.9GW, or 36.9 per cent of the UK’s electricity, increasing to 14GW by 11am. The previous record was 13.6GW in January this year. By contrast gas generated only 8.5GW (23 per cent), nuclear 6.5GW (17.3 per cent), coal just 4.7GW (12.5 per cent) and both solar and biomass 1.5GW (4.1 per cent). Hydro came last with 0.3GW or 0.9 per cent. Wind farms produced a record 15 per cent of Britain’s electricity in 2017, up from 10 per cent in 2016. Dr Iain Staffell of Imperial College said: “The dramatic increase comes from both higher wind speeds and a jump in installed capacity. Several large offshore farms came online and onshore wind had a record year for deployment.”
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
According to a 2016 study, the top contributor of air pollution-related deaths in China is the burning of coal. To improve the country's air quality, the Chinese government vows to spend at least $360 billion on clean energy projects and create 13 million new renewable energy jobs by 2020. This year marks China's fourth anniversary since it started a "war on pollution," and there's reason to believe the country is making headway. Chinese cities have cut concentrations of fine particulates - often considered the deadliest type of pollution - by 32% on average since 2013. The city of Xingtai saw the largest pollution decline at 52.2%. China's latest energy megaproject - a giant floating solar farm on top of a former coal mine in Anhui - may get the country closer to that goal. The 166,000-panel array ... can generate 40 megawatts of power - enough to accommodate 15,000 homes. It's currently the world's largest floating solar project and will operate for up to 25 years. Local energy company Sungrow Power Supply developed the farm on a lake that was once the site of extensive coal mining. After an explosion caused the mine to collapse, a lake formed and flooded it. Building solar plants on top of lakes and reservoirs can protect agricultural land and wildlife on the ground. The water also cools the solar panels, helping them work more efficiently. Choosing to develop the Sungrow farm on an abandoned coal mine signals the slow decline of fossil fuels like coal in China and other countries around the world.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Declining coal use has pushed UK carbon emissions to levels last consistently seen in 1890, highlighting the country’s progress in cutting greenhouse gases faster than most other developed economies. Emissions fell by 2.6 per cent in 2017, driven by a nearly one-fifth reduction in the use of coal as the energy industry shifts towards cleaner sources of electricity generation, especially wind and solar power. The data marked the fifth successive year in which the amount of carbon dioxide pumped into UK skies has fallen, and emissions are now 38 per cent below the level of 1990. “With coal quickly disappearing in the UK and other fossil fuel use mostly flat, emissions have continued their steady decline,” said Zeke Hausfather, author of the report by Carbon Brief, a climate research and news organisation, which based its findings on the latest UK government data. Britain’s success in driving down emissions contrasts with Germany, where the country’s continued dependence on coal for about 40 per cent of electricity generation has dented Chancellor Angela Merkel’s green credentials and put the country’s climate targets at risk. More than two-thirds of today’s emissions still need to be eliminated if Britain is to meet its legally binding goal to reduce CO2 output by 80 per cent below 1990 levels by 2050.
Note: In 2017, for the first time since the 1800's, Britain went a day without burning coal to generate electricity. For more along these lines, see concise summaries of deeply revealing climate change news articles from reliable major media sources.
Electricity prices in [California] have begun turning negative on the main power exchange, the US Energy Information Administration (EIA) has revealed. Solar made up a record figure of nearly 40 per cent of the electricity sent to the grid in the California Independent System Operator’s (CAISO’s) territory for a few hours on 11 March, after utility-scale solar farms grew by almost 50 per cent in 2016, the EIA said. Solar capacity in the state has grown rapidly in the last few years. There was less than one gigawatt in 2007, but nearly 14GW by the end of last year. At this time of year, the large amounts of sunlight and the relatively low demand can produce too much electricity around the middle of the day. “Electricity demand in California tends to peak during the summer months,” the EIA said. “However, in late winter and early spring, demand is at its annual minimum, but solar output, while not at its highest, is increasing as the days grow longer and the sun gets higher in the sky. “Consequently, power prices ... were substantially lower in March compared with other times of the year or even March of last year. System average hourly prices were frequently at or below $0 per megawatthour. In contrast, average hourly prices in March 2013–15 during this time of day ranged from $14/MWh to $45/MWh.”
The biggest buyer of solar farms in America is a company you’ve probably never heard of. Meet Capital Dynamics, an asset manager that handles $15 billion. The firm’s been snapping up clean-power plants for years, but it wasn’t until this month - when the company agreed to spend almost $1 billion on a solar business - that it really landed on mainstream investors’ radar. Now the firm is being called the harbinger of things to come, heralding the next generation of solar and wind farm owners: funds backed by institutional investors like pensions. Its agreement this month to buy 8Point3 Energy Partners LP is among the biggest in a recent string of clean-energy deals done by infrastructure funds. They’re appeasing their investors, who are hungry for the dependable, long-term returns of renewable-energy. After clinching $3 billion of clean-power deals last year ... Capital Dynamics is positioned to buy even more. A key part of the firm’s strategy hinges on capital from its institutional investors. Such investors like that they can match their long-dated liabilities with the returns of solar and wind farms that can stretch over decades. Another edge that Capital Dynamics has over other asset managers: It has spent years building an in-house team with an expertise in solar and wind farm operations, one that leverages its relationships with tax-equity investors and banks.
Cities around the globe are going green. Over 100 cities from Addis Ababa to Auckland use more than 70 percent renewables in their energy mix, according to CDP research. The places where populations are at their most dense and pollution is at its highest are doing their bit to battle rising global temperatures by turning to hydro, geothermal, solar and wind to keep the lights on. Since the Paris Agreement to limit global warming to below 2 degrees, city leaders have improved their environmental reporting and set firm emissions reductions targets, CDP said. In the U.S. 58 cities and towns, including Atlanta and San Diego, have committed to move to 100 percent clean energy. Meanwhile Burlington, Vermont, claims to be the first city in the country to get its energy from entirely renewable sources. Only a handful of the more than 100 North American cities that reported their energy mix to CDP use at least 70 percent renewable energy, while a majority of Latin American cities that reported passed that threshold. “Many cities in the developing world have capitalized on their local natural resources. This pioneering activity has largely been driven by local economic needs and political will,” said Kyra Appleby, director of cities at CDP.
Note: An interactive map of the world's greenest cities is available at the link above. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
In 2012, the UK ranked 20th out of a list of 33 rich countries in terms of low-carbon electricity use. In 2017, it jumped to 7th. No other country has ever climbed up the rankings so quickly. How did the UK manage it? It imposed a carbon tax. The carbon tax, or the carbon floor price as policymakers refer to it, was introduced in 2013. It stands at Ł18 ($25) per ton of carbon dioxide emitted in producing electricity. As a member of the EU’s emissions trading scheme (for now), UK electricity providers also pay a market-based price for carbon credits, which is about Ł5 per ton of CO2. After the tax was introduced, it became much more expensive to burn coal, which produces about twice the emissions per unit of energy as natural gas. The carbon floor price only applies at the point of generation. That means, only UK producers are required to pay it. In normal conditions, this would mean that the interconnectors would have been able to include bids from cheaper dirty fossil fuel generation outside the UK. As it happens, however, France, Norway, and Belgium generate a very high proportion of electricity from low-carbon sources. Even the Netherlands, which only gets 15% of its electricity from renewable sources, can provide a lot of low-carbon electricity on windier days. With the carbon floor price probably set to increase after 2020, the clear direction the UK’s electricity market is headed is away from fossil fuels.
Ikea is calling for households to join its latest joint venture – a collective energy switch that promises an exclusive 100% renewable electricity tariff. The furniture retailer has joined forces with the “Big Clean Switch” campaign to use a collective switch to secure cheaper green power for the households that sign up. The two companies claim it will save a typical UK household Ł300 a year in lower gas and electricity bills. Big Clean Switch describes itself as a “profit with purpose” company that helps people move to renewable electricity providers. Its website only list tariffs where the supplier can guarantee that 100% of the electricity sold is matched from renewables such as sun, wind and water. Big Clean Switch will then negotiate the best deal it can with green suppliers, at which point customers can choose to sign up. The prices will be announced on 6 March. For every switch, Ikea will receive a commission payment. It remains to be seen whether this big switch will undercut the cheapest 100% green electricity suppliers already available. Anyone can switch to a green supplier via a comparison site. Tonik is one of the cheapest green suppliers at the moment. People’s Energy is another. Consumers have nothing to lose by registering with the Ikea initiative, but will have to decide when the prices are announced whether this is better than the deals on offer. In the past, some collective switches have been “best in market” offering big savings, but others have not.
Note: For more along these lines, see concise summaries of deeply revealing energy news articles from reliable major media sources.
President Donald Trump just dealt his biggest blow to the renewable energy industry yet. On Monday, Trump approved duties of as much as 30% on solar equipment made abroad, a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80% of its supply. The Solar Energy Industries Association has projected 23,000 job losses this year in a sector that employed 260,000. The tariffs are just the latest action Trump has taken that undermine the economics of renewable energy. The administration has already decided to pull the U.S. out of the international Paris climate agreement, rolled back Obama-era regulations on power plant-emissions and passed sweeping tax reforms that constrained financing for solar and wind. The import taxes, however, will prove to be the most targeted strike on the industry yet and may have larger consequences for the energy world. Trump approved four years of tariffs that start at 30% in the first year and gradually drop to 15%. The first 2.5 gigawatts of imported solar cells are exempt for each year, the president said in an emailed statement. China and neighbors including South Korea may opt to challenge the decision at the World Trade Organization - which has rebuffed prior U.S.-imposed tariffs that appeared before it. Lewis Leibowitz, a Washington-based trade lawyer, expects the matter will wind up with the WTO. The Solar Energy Industries Association warned the tariffs will delay or kill billions of dollars of solar investments.
Note: The solar power industry now employs more US workers than coal, oil and natural gas combined. Elites like the Rockefellers have stopped investing in fossil fuels, while utility executives have been waging a "determined campaign" to try to stop Americans from installing rooftop solar panels. For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.
Norway said that electric or hybrid cars represented half of new registrations in the country so far in 2017, as Norway continues its trend towards becoming one of the most ecologically progressive countries in the world. According to figures from the Road Traffic Information Council (OFV) ... sales of electric cars accounted for 17.6 per cent of new vehicle registrations in January and hybrid cars accounted for 33.8 per cent, for a combined 51.4 per cent. Norway already has the highest per capita number of all-electric cars in the world. The milestone is also particularly significant as a large proportion of Norway’s funds rely on the country’s petroleum industry. "This is a milestone on Norway's road to an electric car fleet," Climate and Environment minister Vidar Helgesen [said]. “The transport sector is the biggest challenge for climate policy in the decade ahead. We need to reduce (CO2) emissions by at least 40 per cent by 2030," he added. Last year, the government agreed on a proposal to ban the sale of new gasoline and diesel-powered car starting in 2025. It also aims to reduce carbon dioxide emissions of new cars to 85 grams per kilometre by 2020 - a goal it has almost achieved: : the figure stood at 88 grams in February compared to 133 grams when the decision was taken five years ago. In December, Norway registered its 100,000th electric car. Norway has also become the first country in the world to commit to zero deforestation.
More than half of the electricity generated in the UK in 2017 came from low-carbon sources for the first time ever. Renewables and nuclear provided more electricity than all fossil fuels combined, with wind generation alone supplying twice as much energy as coal, according to analysis by Carbon Brief, a website that tracks climate change and energy policy. Wind made a greater contribution to the country’s electricity needs than coal in every month apart from January. The share from low-carbon sources doubled between 2008 and 2017, Carbon Brief said. The UK has also added wind and solar power generation rapidly, as costs have fallen. Future development will increasingly be possible without the Government subsidies that have aided the industry’s development until now. The UK also passed a series of other milestones last year, including its first day without coal power since 1882, the most electricity produced from solar power at any one moment and the most wind power produced in a day. Wind saw the biggest increase of any energy source, with supply up 31 per cent for the whole of 2017 on 2016’s level. The electricity sector has been the primary focus of renewable power generation as that power can then be used to revolutionise the other sectors, for example through the electrification of transport. Britain’s power system is the fourth cleanest in Europe and the seventh cleanest in the world.
Germany has spent $200 billion over the past two decades to promote cleaner sources of electricity. That enormous investment is now having an unexpected impact - consumers are now actually paid to use power on occasion, as was the case over the weekend. Power prices plunged below zero for much of Sunday and the early hours of Christmas Day on ... a large European power trading exchange, the result of low demand, unseasonably warm weather and strong breezes that provided an abundance of wind power on the grid. Such “negative prices” are not the norm in Germany, but they are far from rare, thanks to the country’s effort to encourage investment in greener forms of power generation. Prices for electricity in Germany have dipped below zero ... more than 100 times this year alone. Several countries in Europe have experienced negative power prices, including Belgium, Britain, France, the Netherlands and Switzerland. But Germany’s forays into negative pricing are the most frequent. At times, Germany is able to export its surplus electricity to its neighbors, helping to balance the market. Still, its experiences of negative prices are often longer, and deeper, than they are in other countries. In one recent example, power prices spent 31 hours below zero during the last weekend of October. At one point, they dipped as low as minus €83, or minus $98, per megawatt-hour, a wholesale measure. Anyone who was able to hook up for a large blast of electricity at that time was paid €83 per unit for the trouble.
Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. The lower cost is a key factor driving the rapid rise in electric car sales now underway. At the moment the cost is partly because of government support, but electric cars are expected to become the cheapest option without subsidies in a few years. The researchers analysed the total cost of ownership of cars over four years, including the purchase price and depreciation, fuel, insurance, taxation and maintenance. Pure electric cars came out cheapest in all the markets they examined. Pure electric cars have much lower fuel costs – electricity is cheaper than petrol or diesel – and maintenance costs, as the engines are simpler. In the UK, the annual cost was about 10% lower than for petrol or diesel cars in 2015, the latest year analysed. Hybrid cars which cannot be plugged in and attract lower subsidies, were usually a little more expensive than petrol or diesel cars. Plug-in hybrids were found to be significantly more expensive. “We were surprised and encouraged because, as we scale up production, [pure] electric vehicles are going to be becoming cheaper and we expect battery costs are going to fall,” said James Tate, who conducted the research. At current rates, sales of electric cars could outstrip diesel cars as early as May 2019.
Note: China is the world’s biggest supporter of electric cars, and will require one out of every five cars sold there to run on alternative fuel by 2025.
ENRON: The Smartest Guys in the Room [is] the inside story of one of history’s greatest business scandals, in which top executives of America’s seventh largest company walked away with over one billion dollars while investors and employees lost everything. Based on the best-selling book ... this tale of greed, hubris and betrayal reveals the outrageous personal excesses of the Enron hierarchy and the moral vacuum that led CEO Ken Lay - along with other players including accounting firm Arthur Andersen, Chief Operating Officer Jeffrey Skilling and Chief Financial Officer Andy Fastow - to manipulate securities trading, bluff the balance sheets and deceive investors. By 2000, the company has grown into the largest natural gas merchant in North America, eventually branching out into trading other commodities. Jeff Skilling is named CEO, and the company stock skyrockets. Meanwhile, Skilling’s “black box” accounting results in declared earnings of 53 million dollars for a collapsing deal that doesn’t profit a cent. And Enron’s West Coast power desk has its most profitable month ever as California citizens become casualties of Enron’s scheme to artificially increase demand for electricity, resulting in rolling blackouts and two deaths. When Enron’s sleight of hand accounting and unethical trading eventually meet the realities of balance sheets that don’t balance and products that don’t exist, unwitting employees who have anchored their financial futures to the Enron ship watch in horror as water rushes in overhead.
Note: Watch this revealing documentary on this webpage. Enron was American's seventh-largest public company and controlled 25 percent of the nation's energy before it failed in 2002. Its stock plummeted from $90 a share to 9 cents a share in a matter of months after fraud was uncovered. For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
The conservative city of Georgetown, Texas, runs on renewable energy. After all, wind and solar power are more predictable and easier to budget than oil and gas. Clean power pushes may be associated with more left-leaning cities, but Republican mayor Dale Ross called the switch to renewables a no-brainer. In 2017, at least 15 weather events cost the government more than a billion dollars each. The most expensive events we have in the U.S. are floods. The money spent preparing for and preventing these events ... pays itself back double, triple, and even quadruple times over. But companies and private citizens often fail to prepare properly because the money spent on prevention is private, whereas costs after the fact are often allotted through government organizations. Many fail to connect the cost of switching to renewable energy with the eventual savings of avoiding natural disasters. On an even larger scale, the costs of switching to renewable energy are larger up front, though they save money in the future. For example, Denmark struggled to store its wind power in a way that allowed them to save it for times of high electricity demand. Then they encouraged residents to buy electric cars. Now these vehicles act like moving batteries, and people can sell the energy back to the grid when the cars are parked.
A Tesla Model S has been hacked in the Netherlands to allow the electric car to run off a second fuel supply - hydrogen cells. Gas supplier Hulthausen Group claims it has doubled the Tesla Model S's range from about 300 miles per charge to 620 miles. "Project Hesla", as it was dubbed by the company's founder, sourced a second-hand Model S and made the modifications without involvement from Tesla. The hack uses the car's electrical mainframe and adds a second layer of charging via hydrogen cells. But as tempting as increased range is, interested customers face heavy drawbacks. Refueling the hydrogen battery will become tricky as there are only seven public refuelling stations across the UK. The United States has 39 public stations across four states. Price will also be a deterrent. The Tesla Model S starts at Ł64,700 and can rise all the way to Ł122,200. The cost of installing the hydrogen power source is about Ł44,000. If owners really want to go far and fast in their cars, a Model S P100D could end up costing them about Ł170,000.
Note: For more along these lines, see concise summaries of deeply revealing energy innovation news articles from reliable major media sources.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.