Energy Update
Electric car owners are earning as much as $1,530 a year just by parking their vehicle and feeding excess power back into the grid. Trials in Denmark carried out by Nissan Motor Co. and Italy’s biggest utility Enel SpA showed how batteries inside electric cars could help balance supply and demand at times and provide a new revenue stream for those who own the vehicles.
Elon Musk isn’t the only visionary betting that the world will soon be reliant on batteries. Bill Joy, the Silicon Valley guru and Sun Microsystems Inc. co-founder, also envisions such dependence. He just thinks alkaline is a smarter way to go than lithium-ion.
A combined solar and methane power plant in South Australia is set to begin operating within days. In what’s believed to be an Australian first, the plant will channel thermal energy from solar panels and methane gas from decomposed garbage through a shared turbine inter-connector.
It’s becoming more common to find solar panels on rooftops, but that’s just one of thousands of places where they are generating power. As costs drop and energy production rises, we expect to see many more places where solar technologies are put to work—providing unleashed, inexpensive electricity.
On August 21, a solar eclipse will obscure the sunlight needed to generate electricity at approximately 1,900 utility-scale solar PV power plants in the U.S. However, relatively little solar PV capacity lies in the path of totality—where the sun will be completely obscured by the moon—and the North American Electric Reliability Corporation (NERC) does not anticipate the eclipse will create reliability issues for the bulk power system.
The word ‘glut’ is one of the more overused words in news stories to describe the global oil markets, but in the case of light sweet crude the moniker is true—much to the chagrin of OPEC.
(Mon, 14 Aug 2017) South Carolina Electric & Gas Company, principal subsidiary of SCANA Corporation, and South Carolina Public Service Authority (Santee Cooper) announced on July 31 that they are halting construction of two new nuclear reactors at the V.C. Summer nuclear power plant.
Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that drilling operations have commenced on well 20/05b-13 on UK Seaward Licence P.2170, Blocks 20/5b & 21/1d (the P.2170 Licence) (the Exploration Well).
Engineer, entrepreneur, builder, leader: who are you picturing right now? Actually, these titles are held by several incredible collegiate women who have leadership roles on the Solar Decathlon 2017 teams.
Solar capacity has been growing at a jaw dropping pace in India. What is especially remarkable is the range of stakeholders that play a part in this story. The central government; national level policy makers; national and multilateral agencies; state level governments; central off-takers; state level Discoms; private developers taking equity risk; EPC folks; hardware suppliers; sources of debt finance; corporate customers; individual customers — the list is literally endless.
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Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.