October 6 Green Energy News

Headline News:

• The parent company of two Vermont skiing destinations, Killington Resort and Pico Mountain, announced an investment of $5.7 million that will upgrade everything from snowmaking equipment to summer attractions like mountain biking trails, to renewable energy that will power the ski destinations. Nine solar installations are planned. [Rutland Herald]

Killington (Image courtesy of USSA)

• The Institute for Energy Economics and Financial Analysis has released a report documenting the gathering momentum of the disruption of the electricity markets by renewables. It describes impacts of renewable resources on electricity prices as a key driver of this change, and provides eleven case studies revealing the trend. [pv magazine International]
• The California ISO identified eight trends shaping the power sector. Those trends include energy efficiency, decline of gas-fired generation, growth of wind and solar, and decarbonization. The grid operator called for a reduction in fossil-fuel use and a focus on regulatory policy to use clean energy resources to base operations. [Utility dive]
• Wind turbines generated over twice as much power as Scotland needed on October 2. WWF Scotland analyzed wind power data and found that wind turbines in Scotland provided 86,467 MWh of electricity to the National Grid on that day. Scotland’s total electricity consumption, including homes, business and industry, for the day was 41,866 MWh. [The Scotsman]
• Calgary-based TransCanada, the company behind the Energy East oil pipeline plan, abruptly announced that they are shelving the multibillion-dollar project, citing regulatory hurdles. The 4,600-km pipeline, designed to ship 1.1 million barrels of oil daily, faced opposition from environmentalists and First Nations concerned about drinking water security. [VICE News]
• “Rick Perry’s new coal subsidy could wreck America’s power markets” • The US DOE has set a new record for gall in the old practice of taxing the common good for private interests. In a fairly stunning move, it would impose a new tax on electricity consumers to support coal. It could roil America’s power markets for years to come. [The Hill]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

October 6 Green Energy News posted first on Green Energy Times