Trump orders Perry to take steps to curb coal plant shutdowns

June 4, 2018 by  
Filed under Eco, Green

Comments Off on Trump orders Perry to take steps to curb coal plant shutdowns

It seems President Donald Trump doesn’t want to let coal die. Bloomberg reported he ordered Secretary of Energy Rick Perry to take steps to stem closures of nuclear and coal power plants. An emailed statement from White House spokesperson Sarah Sanders read, “Impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our nation’s energy mix and impacting the resilience of our power grid .” Coal and nuclear plants are losing money as cheaper renewable energies and natural gas gain steam. Trump’s administration alleges that declines in nuclear and coal power jeopardize America’s security. According to the White House statement, the president told Perry “to prepare immediate steps to stop the loss of these resources and looks forward to his recommendations.” The Department of Energy’s strategy, as detailed in a memo Bloomberg obtained , could be to draw on power given by federal laws to create a “strategic electric generation reserve” and compel grid operators to purchase power from plants that are at risk. The National Security Council was to meet last week to talk over the idea. Related: Biggest grid operator in US attacks Perry’s proposal to prop up coal One purpose of this draft plan, Bloomberg reported, is to buy time for a two-year study probing vulnerabilities in the country’s energy delivery system. Administration officials have already used up a year of this time. Following an Energy Department grid reliability study, Perry suggested a rule that would have compensated nuclear and coal plants — and federal regulators killed the proposal. Major grid operator PJM Interconnection said in a statement its grid “is more reliable than ever” and “there is no such need for any such drastic action.” The company said it has analyzed planned deactivations of nuclear stations and found no immediate threat to reliability. PJM said, “Any federal intervention in the market to order customers to buy electricity from specific power plants would be damaging to the markets and therefore costly to consumers.” Electric Power Supply Association president John Shelk said, “National security is being invoked by people who once favored markets. Everybody loses in a fuels war.” Via Bloomberg Images via Depositphotos (1, 2)

See the rest here: 
Trump orders Perry to take steps to curb coal plant shutdowns

Major investors move against Shell and gas sector

May 23, 2018 by  
Filed under Business, Green

Comments Off on Major investors move against Shell and gas sector

Coalition managing $10.4tr in assets urge oil and gas groups to take responsibility for emissions as it diversifies from fossil fuels.

Read the rest here:
Major investors move against Shell and gas sector

Allianz is the latest insurer to bank on carbon neutrality

May 8, 2018 by  
Filed under Business, Green

Comments Off on Allianz is the latest insurer to bank on carbon neutrality

Changing regulations and cleaner technologies are leading the divestment from coal power plants and mines.

Here is the original:
Allianz is the latest insurer to bank on carbon neutrality

UK smashes days-old record, goes without coal for 76 hours

April 26, 2018 by  
Filed under Business, Eco, Green

Comments Off on UK smashes days-old record, goes without coal for 76 hours

Just over a week ago, the United Kingdom set a new record: almost 55 hours without using coal . It didn’t take them long to shatter that record. CleanTechnica reported the country just went 76 hours without the polluting fuel — “for the first time since the 1880s,” according to a National Grid Twitter account . For the first time since the 1880s the UK electricity network has clocked up over 72 hours without the need for coal generation. This new record comes days after the first ever 48 hour period of no coal on the network. — National Grid Media (@Grid_Media) April 24, 2018 The country started their coal-free streak on Saturday, April 21, and went into Tuesday, April 24, ultimately going for 76 hours and 10 minutes, according to the UK Coal Twitter account . This may not be the last record the United Kingdom sets this year; Energy and Climate Intelligence Unit analyst Jonathan Marshall told The Guardian , “Ever rising renewable capacity in the UK will see these records fall more and more frequently, clearly showing progress made over the past decade or two.” The final length of this record #coal free run was 76 Hours 10 minutes. Coal units are now back generating. pic.twitter.com/OauJREXzxN — UK Coal (@UK_Coal) April 24, 2018 Related: The UK just went for a record 55 hours without using coal What did the UK run on in the absence of coal? The Guardian put out a graphic showing the electricity mix from April 21 at 10 AM to April 24 at 10 AM; during that time 30.3 percent of power came from gas , 24.9 percent from wind , 23.3 percent from nuclear , 15.3 percent from biomass or other sources, and 6.2 percent from solar . Electrical engineer Andrew Crossland, who operates MyGridGB , cautioned against replacing coal with gas, telling The Guardian, “Shifting to gas is likely to make our electricity market more volatile as our energy price becomes increasingly locked to international gas markets. That will only hurt consumers.” More coal stations are shuttering — two plant owners in the country have said they’ll close this year, according to The Guardian. What will happen to those brownfield sites? The Energy and Climate Intelligence Unit explored that question in a recent blog post from Marshall, who said one old power station could be transformed into a cruise ship terminal, another into housing, and others as logistics centers. At the time of writing, the UK was on another streak and had already gone 39 continuous hours without coal — could another record be over the horizon? Via CleanTechnica and The Guardian Images via Depositphotos ( 1 , 2 )

The rest is here:
UK smashes days-old record, goes without coal for 76 hours

The UK just went for a record 55 hours without using coal

April 19, 2018 by  
Filed under Eco, Green

Comments Off on The UK just went for a record 55 hours without using coal

Coal fueled the world for more than 100 years, but now it’s being pushed out of the market. Recent evidence for that can be found in the United Kingdom , which just set a new record by going nearly 55 hours sans coal. The UKs energy sector went from 10:25 p.m. on Monday to 5:10 a.m. on Thursday without utilizing coal for power generation. Grid data put together by Bloomberg revealed the United Kingdom’s power plants didn’t use coal to help generate electricity for close to 55 hours — the longest stretch of time in recent history. The Independent said this is the first time the UK has been powered without coal for this length of time since the first public-use, coal-fired power plant in the world opened in 1882 in London. The UK set its previous record in October when the nation went without coal for 40 hours. Related: 104% of Portugal’s electricity consumption in March came from renewable energy Wind turbines helped provide energy for the UK during this time; solar panels also helped meet demand. On Tuesday, the country obtained more than 60 percent of electricity from low- or zero-carbon sources: 33.7 percent from wind, 20.1 percent from nuclear , five percent from biomass , 3.3 percent from solar and 0.9 percent from hydro . The numbers were similar on Wednesday. Bloomberg said Britain has installed more offshore wind turbines than any other country, and they described the UK as an early adopter of renewable energy. Traditional power plants in the country are closing permanently, and the UK government aims to turn off all coal power plants by 2025. The UK set a new record of 54 hours and 50mins without #coal fired generation in the UK electricity mix this week https://t.co/knjFLPms2p Expect more records to be broken this summer as coal continues its rapid decline https://t.co/pQdDnipSJ0 pic.twitter.com/hgTP4eEJF5 — Carbon Tracker (@CarbonBubble) April 19, 2018 According to a March 2018 article from Carbon Brief, “Coal now accounts for only 5.3 percent of total primary energy consumed in the UK, down from 22 percent in 1995.” The country’s total carbon dioxide emissions are “as low as emissions were back in 1890.” Via Bloomberg , The Independent and Carbon Brief Images via Depositphotos and Wikimedia Commons

More: 
The UK just went for a record 55 hours without using coal

In coal country, net zero energy nears cost parity

March 19, 2018 by  
Filed under Business, Green

Comments Off on In coal country, net zero energy nears cost parity

The results of a Siemens study are electrifying: Renewables can compete — and win — anywhere.

Read more:
In coal country, net zero energy nears cost parity

In coal country, net zero energy nears cost parity

March 19, 2018 by  
Filed under Business, Green

Comments Off on In coal country, net zero energy nears cost parity

The results of a Siemens study are electrifying: Renewables can compete — and win — anywhere.

Go here to read the rest:
In coal country, net zero energy nears cost parity

The great coal cleanup is everybody’s business (with opportunity for all)

February 23, 2018 by  
Filed under Business, Green

Comments Off on The great coal cleanup is everybody’s business (with opportunity for all)

Coal isn’t dying? That’s a “fool’s gold” illusion, and even coal miners say so.

Read the original:
The great coal cleanup is everybody’s business (with opportunity for all)

3 ways real estate developers can stay ahead of climate change

January 4, 2018 by  
Filed under Business, Green

Comments Off on 3 ways real estate developers can stay ahead of climate change

The global real estate industry stands to face the brunt of a changing climate, but there ways to stem the tide.

View post:
3 ways real estate developers can stay ahead of climate change

3 ways companies will push climate action in 2018

January 4, 2018 by  
Filed under Business, Green

Comments Off on 3 ways companies will push climate action in 2018

And the prime opportunity days to highlight your company’s leadership this year.

Read the original here:
3 ways companies will push climate action in 2018

Next Page »

Bad Behavior has blocked 924 access attempts in the last 7 days.