Energy Update
Through the magic of YouTube TV, I was able to sit in on the oral arguments in the latest episode of Juliana v. United States. The lawsuit is being brought by 21 plaintiffs ranging in age from 10 to 21. It accuses the federal government of causing them harm by failing to protect them adequately from the effects of global warming.
There is no doubt in my mind that energy storage systems will be as ubiquitous as solar — in all market segments. Utility companies are installing these systems to balance their intermittent demand and generation of electricity.
SolarWorld Americas Inc., one of two U.S. solar manufacturers asking President Donald Trump for tariffs on imported panels, says the move could revive a struggling industry. It may also boost the company’s value ahead of a potential sale.
After targeting waste-to-energy in September for its first investment since its purchase by the Macquarie Group this year, the Green Investment Group (GIG) now is entering a partnership to develop, fund and own new waste-to-energy projects in the U.K. and Ireland.
The first new geothermal plant in a group of projects that will feed power to the Los Angeles basin now is online. Ormat Technologies this week said that it has placed the 24 MW Tungsten Mountain geothermal power plant into commercial operation.
The Atlantic Panamax market is set for a firm start of 2018, on sustained grains demand from China and expected high exports volumes from S America and the US. According to the IGC, 2018 will see global soybeans imports rise by 4% to 153 mil mt, led by the Chinese appetite which is expected to account for more than 60% of the total exports.
The Atlantic Supramax market is set for a strong first quarter of 2018, with a relatively late Chinese Lunar New Year holiday providing a some respite in January and early February for trade to resume after the holidays.
The European Investment Bank (EIB) recently put its stamp on a series of financing deals that will boost solar development in India and Peru, and support new solar technology advancements.
While training opportunities abound for installers, a series of workshops in three southern U.S. cities aims to bring architects and other design professionals up to speed on solar.
Missouri is the latest state where utility regulators are reevaluating outdated rules on customer-owned solar power and other distributed energy sources. The experience of two neighboring states shows there’s no guarantee the effort will result in policies that are more favorable for renewable power.
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