Energy Update
By Babalwa Bungane
Despite the economic and supply chain impacts felt across the world in 2020 due to COVID-19, the global wind energy industry has continued to power ahead and reach new records.
Record low temperatures, including snow in Texas, have led Texas electric grid operator to ration electricity. Even before the winter event is done, misinformation is spreading that wind turbine blades froze, and hence, renewables are the leading cause for Texas blackouts.The fact is, due to cold weather, a lot of generators, including nuclear, coal, natural gas, and renewables, had a tough time operating.
The world’s largest experimental nuclear fusion reactor is in development in Provence, southern France. ITER (originally the International Thermonuclear Experimental Reactor) is an international nuclear fusion research and engineering megaproject funded and run by seven member entities: the European Union, China, India, Japan, Russia, South Korea, and the United States; Overall, 35 countries are participating in the project directly or indirectly.
Boston University prioritized impact over location in deciding to buy electricity from a South Dakota wind farm.
Boston University has started sourcing all of its electricity from a newly built wind farm in South Dakota, a move intended to maximize the university’s greenhouse gas reductions and hopefully provide a model for how other large institutions can also amplify their climate impact.
(Mon, 22 Feb 2021) This week's net withdrawals from underground natural gas storage facilities were the largest net withdrawals reported in two years, exceeding the five-year average net withdrawals for the week by 95 billion cubic feet (Bcf). Net natural gas withdrawals from storage facilities totaled 237 Bcf for the week ending February 12, 2021. This weekâs storage activity matched the 12th-highest value on record since 2010.
Iberdrola is planning what it says will be the first industrial scale floating offshore wind farm in Spain. The 300-MW project will cost more than €1 billion said the company. It will be located off the Spanish coast.
The renewable facility could become a driver of the country’s industrialization and job creation, said Iberdrola, estimating that it would provide more than 2800 jobs per year in research, design and engineering before the wind farm becomes operational in 2026.
by Jill Feblowitz
These days, companies and governments alike are making commitments to net zero emissions. While commitments are good, making progress requires investment. That means putting money on deploying existing technology in the near term, while continuing to fund innovation to deliver cost-effective approaches in the future. The current picture looks promising, but there is always a chance the momentum will lag.
An electric and gas utility in Pennsylvania and Maryland has signed a deal to bring renewable natural gas from a landfill into its distribution system.
UGI Utilities Inc.’s agreement with Archaea Energy is the company’s first RNG supply interconnect agreement. The utility will accept RNG from the Keystone Landfill located in Dunmore, PA.
This week, New York Governor Andrew M. Cuomo announced plans to help local governments and state agencies build 40 distributed solar systems that will bring renewable energy to surrounding communities.
A new study by independent researchers from Imperial College London has found that just 4.5 GW of new long duration pumped hydro storage, with 90 GWh of storage, could save up to £690 million per year in energy system costs by 2050, as the UK transitions to a net-zero carbon emission system.
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