Headline News:
- “Elon Musk Harpooned Baseload Power” • In its first four months of operations the “big battery,” the Hornsdale Power Reserve, frequency control ancillary services prices went down by 90% in South Australia. The 100-MW battery has received over 55% of the FCAS revenues. This cuts into opportunities for fossil fuels deeply. [CleanTechnica]
Hornsdale Power Reserve
- Pacificorp, a Berkshire Hathaway electric utility in six Western states, projects new resources of 2.7 GW of wind, 1.86 GW of solar, 1.877 MW of incremental energy efficiency, and 268 MW of demand response. Pacificorp also expects to repower 999 MW of wind. But it foresees no new fossil fuel resources in the decades to come. [pv magazine USA]
- Morocco is close to completing the largest concentrated solar power farm in the world. The site near the city of Ouarzazate aims to produce enough energy to power more than a million homes by the end of the year and reduce carbon emissions by an estimated 760,000 tons per year. The first phase was officially turned on in 2016. [CNN]
- Britain’s windfarms provided more electricity than its eight nuclear power stations in the first three months of 2018, marking the first time wind has overtaken nuclear across a quarter. During the first quarter, wind power produced 18.8% of electricity, second only to gas, said a report by researchers at Imperial College London. [The Guardian]
- “Renewables Investment Nudges Out Fossil Fuel And Nuclear” • In 2017 the clean energy industry reached a critical turning point. Growth and cost reductions have both far outperformed expectations based on policy frameworks alone. Improvements in cost, scale, and technology fundamentally have changed market dynamics. [Forbes]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
May 16 Green Energy News posted first on Green Energy Times
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