SmartElectric
Active Member
Vogtle Nuclear Plant in Georgia Faces More Construction Delays
The Southern Co. project is the only one of its type in the U.S. and is likely to cost $2 billion more than expected.
www.wsj.com
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Prediction: Coal has fallen. Nuclear is next then Oil.
- Thread starter nwdiver
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- Energy Environment Policy
www.wsj.com
mblakele
FSD Beta (99)
The latest Energy Gang podcast tackles the problem of stranded coal assets:
www.greentechmedia.com
Coal Is Uncompetitive. Why Do We Burn So Much?
This week on The Energy Gang: why “self scheduling” and “securitization” are the hottest phrases in coal.
www.greentechmedia.com
America gets 20 percent of its electricity from coal. That’s a 50 percent drop since the peak in 2007. But if coal is becoming so economically uncompetitive, why does it still make up so much of our grid mix?
This week: Coal is no longer king. But it still has a lot of power across the land. How do we banish it for good?
Katherine and Stephen welcome Joe Daniel as a guest co-host this week. Joe is a senior energy analyst at the Union of Concerned Scientists.
Joe joins us to talk about the problem of coal plant “self-scheduling,” which locks in operation of dirty power plants even when the economics don’t make sense.
Because power plants are built with a 50 year expected life cycle. Generally after the huge investment the power companies keep the individual plants alive as long as they can.(Yes, I know that is changing .... or even has changed. But it is the main reason why)The latest Energy Gang podcast tackles the problem of stranded coal assets:
Coal Is Uncompetitive. Why Do We Burn So Much?
This week on The Energy Gang: why “self scheduling” and “securitization” are the hottest phrases in coal.
America gets 20 percent of its electricity from coal. That’s a 50 percent drop since the peak in 2007. But if coal is becoming so economically uncompetitive, why does it still make up so much of our grid mix?
Once renewable TCO is less than fossil fuel marginal cost - which has happened at many places - then it is just political stubbornness remaining, like in TX.
mspohr
Well-Known Member
Utilities get a guaranteed 10% ROI and can charge inflated price for electricity so they have an incentive to keep these plants running.
... unless there is competition or demand by rate payers. Of course, there are some monopolies like NV Energy that will do the right thing for its ratepayers.
mspohr
Well-Known Member
In this case, also for good PR. I am seeing year by year rate DECREASES vs increases for people elsewhere. EV rate is a nickle, so around a penny a mile!
NV Energy
NV Energy proudly serves Nevada with a service area covering over 44,000 square miles. We provide electricity to 2.4 million electric customers throughout Nevada as well as a state tourist population exceeding 40 million annually. Among the many communities we serve are Las Vegas, Reno-Sparks...
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The European Union is planning to slap an import levy on steel, cement and aluminum produced in countries with lower environmental standards, as it seeks to become a world leader on climate without harming domestic producers.
In a move no other country in the world has taken, the European Commission wants to introduce a system imposing a penalty for bringing into the bloc emissions embedded in goods, according to a person familiar with the proposals due to be unveiled next month. The levy will be based on carbon costs domestic producers already face, and will also affect fertilizers and electricity.
Bloomberg - Are you a robot?
If they want to procude with lower standard, makes sense to level the playing field with tariff. Raise their standard and we will talk. Money talks.
mspohr
Well-Known Member
U.S. joining such a system would be a great next step, but that seems a bit optimistic at the moment.
California utilities object to fossil fuel requirements in proposed 11.5 GW procurement package
The proposed procurement is intended to maintain grid reliability after the Diablo Canyon nuclear plant is retired by 2025.
No one wants to invest in stranded assets!
mspohr
Well-Known Member
Can Biden Break Big Banks’ Bond With Fossil Fuels?
The climate crisis will affect every aspect of our society—the financial sector very much included. We no longer live in the stable climate that our economy was built upon. In fact, economists and major investors warn that the climate crisis already poses a systemic risk to our financial system.
mspohr
Well-Known Member
El Futuro y el Petróleo Se Repelen/Oil and the Future Don’t Mix
It has been a very lousy spring for Big Oil, with a historic string of upsets/El que mal anda, mal acaba, dice el refrán, y estos días, los gigantes petroleros van de tropiezo en tropiezo.
www.sierraclub.org
Just days before, the International Energy Agency stated that new fossil fuel developments must completely stop this year in order to meet the goal of eliminating all greenhouse emissions by 2050. In its strongest warning yet, the agency indicated that the sale of fossil fuel vehicles must end by 2030 and urged to double the global yearly energy investments to $5 trillion. After this avalanche of bad fossil fuel news, during public hearings, Republican senators, hat in hand, implored the country´s megabanks to continue financing of this industry, to which the banks gave a resounding yes. Meanwhile, the International Monetary Fund issued a stern warning that the climate emergency could “absolutely” trigger a world financial crisis. Citing the catastrophic effects of weather disasters aggravated by global warming, the IMF researchers concluded that “the climate crisis is an existential crisis.”
mspohr
Well-Known Member
Climate activists take Norway to human rights court over Arctic oil plans
Activists allege decision to grant oil exploration licences violated right to healthy environment
www.theguardian.com
WPLG Local 10: FPL demolishes 500-foot-tall stack and chute at its last coal plant in Florida.
www.local10.com
FPL demolishes 500-foot-tall stack and chute at its last coal plant in Florida
Florida Power & Light demolished the 500-foot-tall stack and chute of its last coal plant in the state Wednesday as the company has ended its use of coal in Florida.
www.local10.com
mspohr
Well-Known Member
How the Southeast can achieve 100% clean energy
The Southern Alliance for Clean Energy identified two pathways that the Southeast's big utilities could follow to achieve 100% renewable generation against the backdrop of a possible federal mandate.
pv-magazine-usa.com
The study assumes that any federal Clean Energy Standard (CES) would require TVA to achieve 100% clean electricity by 2030 and the other utilities to follow suit by 2035. The report is also not a least-cost optimization and does not account for most transmission or distribution limitations.
The Hill: Graham, Whitehouse: Global transition to renewables would help national security | TheHill.
thehill.com
Says anything to stay on the news but at least this is pro renewable.
Graham, Whitehouse: Global transition to renewables would help national security
GOP Sen. Lindsey Graham (S.C.) and Democratic Sen. Sheldon Whitehouse (R.I.) argue in an op-ed published on Thursday that a global transition to renewable energy would be beneficial to the U.S.R…
thehill.com
Says anything to stay on the news but at least this is pro renewable.
Amazing! Grid battery being discharged at 500 MW! I guess the batteries topped up by 10:30 am.
California ISO - Supply, Today's Outlook
View real-time and historical data on generation resources, including renewables, currently on the system.
www.caiso.com
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