Friday, December 30, 2016

Oil giant shifts capital investments to wind

Spot price for solar panels at record low

Future of US Net metering

Fwd: US$40 million available for the first open-ocean, grid-connected U.S. wave energy test facility - Renewable Energy World


Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

---------- Forwarded message ----------
From: rebecca nichols <rvan@tnag.net>
Date: Fri, Dec 30, 2016 at 2:52 AM
Subject: US$40 million available for the first open-ocean, grid-connected U.S. wave energy test facility - Renewable Energy World
To: Monty ​ Bannerman​ <mbannerman@arcstarenergy.com>



US$40 million available for the first open-ocean, grid-connected U.S. wave energy test facility

WASHINGTON, D.C.
12/21/2016
PMEC Test Center
         

U.S. Sens. Ron Wyden, D-Ore., Jeff Merkley, D-Ore., Lisa Murkowski, R-Alaska, and Patty Murray, D-Wash., today announced funding will be awarded to build the United States' first open-ocean, power grid-connected wave energy test facility at a site off the Oregon coast, according to a U.S. Senate press release.

The U.S. Department of Energy will provide up to US$40 million to build the wave energy test site about six nautical miles off the coast of Newport, Ore. A partnership made up of Oregon State University, the University of Washington, the University of Alaska Fairbanks, and renewable energy innovators applied for the federal funding earlier this year. The senators, along with Sens. Dan Sullivan, R-Alaska and Maria Cantwell, D-Wash., urged the Energy Department to award the funding to the Newport site in an October letter.

"This is great news for OSU and its partners and will launch a new level of local job creation and clean energy innovation," Wyden said. "Oregon will use this opportunity to build on its solid position nationally and internationally as a leader in renewable wave energy."

"This is a huge success story for Oregon State University, and I thank the Department of Energy for helping us harness the enormous potential of wave energy off the Oregon coast," Merkley said. "This test facility will make Oregon the leader in bringing wave energy to the United States, which will create good-paying local jobs, and strengthen our coastal economies."

"Given the important role that current and wave energy innovation can play in Alaska's energy future, it is great news that a consortium of universities, including the University of Alaska Fairbanks, has been awarded with this opportunity to test and develop marine hydrokinetic devices," Murkowski said. "This should help advance renewable energy technologies that hold great promise for our coastal communities."

"This is an exciting step forward for the Pacific Northwest, which continues to be a leader in developing renewable energy sources," Murray said. "This investment has the potential to create jobs and move our country away from the devastating effects of fossil fuels, while also ensuring minimal impacts to the environment and existing uses."

The funding award will allow the universities to build infrastructure, such as open-water test berths and undersea cables, which private companies would then use to test their wave and tidal current energy innovations. Companies seeking to test their designs at the site will not have to undergo separate permitting and installation processes – lowering the cost and speeding up the process for developing new wave energy technologies, while bringing business and jobs to the area.

The Newport-based site will be the first open-water test facility for wave power connected directly to the power grid in the U.S.

The clean, renewable energy found in waves and tidal currents holds the potential to deliver up to one-third of our nation's electricity needs, according to the DOE.


Sent from my BlackBerry - the most secure mobile device

Fwd: Drax Jumps to 5-Month High After EU Approves Biomass Subsidy - Renewable Energy World

10 year Contract For Difference at $124MWh to pay for shutting down 7% of UK coal power and converting it to biomass.


Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

---------- Forwarded message ----------
From: rebecca nichols <rvan@tnag.net>
Date: Fri, Dec 30, 2016 at 2:54 AM
Subject: Drax Jumps to 5-Month High After EU Approves Biomass Subsidy - Renewable Energy World
To: Monty ​ Bannerman​ <mbannerman@arcstarenergy.com>




Drax Jumps to 5-Month High After EU Approves Biomass Subsidy

December 28, 2016
biomass
         

Shares in Drax Group Plc surged to the highest since July after the European Union approved a U.K. government subsidy to support the conversion of one of its coal-fired units to biomass.

The project's contribution to increasing the share of renewable energy produced in the U.K. outweighs any potential distortions of competition that could be triggered by government support, the EU regulator said in an e-mailed statement on Monday. The European Commission opened an investigation in January to check that the subsidy wouldn't distort competition.

Three units at Drax's power station remain coal-fired. The plant supplies 7 percent of the U.K.'s electricity, according to the company's website. The subsidy is a so-called contract for difference (CfD) where the government pays a premium on top of the market price to make up 100 pounds a megawatt-hour until 2027.

"We now look forward to fully converting the unit to run on sustainable biomass," Drax Chief Executive Officer Dorothy Thompson said in an e-mailed statement. "With the right conditions, we can do even more, converting further units at Drax to use sustainable biomass in place of coal."

Shares rose as much as 11 percent to 358.90 pence ($4.46), the highest level since July 22, before trading at 347.40 pence by 12:04 p.m. on Dec. 20 in London. Drax gained 42 percent this year, while the FTSE 100 Index of the U.K.'s biggest companies is up 12 percent in 2016.

"Achieving approval for the CfD was crucial for Drax's economics going forward," Jefferies Group LLC said in an e-mailed note.

Societe Generale SA upgraded Drax to a 'Buy' rating ahead of the announcement, saying approval would add around 100 million pounds a year to earnings.

Drax has said it would only be able to convert more of the station to biomass with the help of subsidies. Converting a fourth unit would have "limited upside potential" due to the uncertainty of the U.K.'s carbon tax after 2021, said Ashley Thomas, an analyst at Societe Generale in London.


Sent from my BlackBerry - the most secure mobile device

Thursday, December 29, 2016

What It Means If Trump Names China A Currency Manipulator

 This article explains why this "day 1 promise" by Trump is mainly an exercise in jaw-boning and divorced from reality. As this would apply to most of his policy announcements and his entire election campaign, these two descriptors are the only thing consistent about the man.

http://www.manufacturing.net/news/2016/12/what-it-means-if-trump-names-china-currency-manipulator?et_cid=5754709&et_rid=45614407&type=cta&et_cid=5754709&et_rid=45614407&linkid=http%3a%2f%2fwww.manufacturing.net%2fnews%2f2016%2f12%2fwhat-it-means-if-trump-names-china-currency-manipulator%3fet_cid%3d5754709%26et_rid%3d%%subscriberid%%%26type%3dcta

Friday, December 23, 2016

Ignoring Climate Change Just Got More Expensive

Ignoring Climate Change Just Got More Expensive http://bloom.bg/2imwzG5

Tuesday, December 13, 2016

Fwd: Breaking News: Trump pick for Secretary of Energy

Disturbing pattern continues. 


---------- Forwarded message ---------
From: CNN Breaking News <CNNBreakingNews@mail.cnn.com>
Date: Tue, Dec 13, 2016 at 10:11 AM
Subject: Breaking News
To: <no-reply@siteservices.cnn.com>


President-elect Donald Trump has selected former Texas Gov. Rick Perry to be his nominee for energy secretary, multiple transition sources told CNN Tuesday, which would make him head of an agency he once sought to eliminate.









----------------------------------------------
Get complete coverage of breaking news on CNN TV, CNN.com and CNN Mobile.
Watch CNN live or On Demand from your computer or mobile device using CNNgo.
----------------------------------------------








You have opted-in to receive this e-mail from CNN.com.


To unsubscribe from Breaking News e-mail alerts, go to: http://cnn.com/EMAIL/breakingnews/unsubscribe.html?l=domestic-adh-bn




One CNN Center Atlanta, GA 30303


(c) & (r) 2016 Cable News Network



Saturday, December 10, 2016

Cryogenic storage offers hope for renewable energy

I saw this on the BBC and thought you should see it:

Cryogenic storage offers hope for renewable energy - http://www.bbc.co.uk/news/science-environment-37902773

* Disclaimer *

The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.

Friday, December 9, 2016

Bloomberg: Trump Team Plans to Dismantle Obama’s Energy Legacy

Witch-hunts for climate-change believers and renewable supporters commence under Trump's fossil-fanatics.

 

 

From Bloomberg, Dec 8, 2016, 11:34:01 PM

Nov. 11 --Bloomberg's Eric Roston discusses Trump's mysterious approach to climate change and what we know about his policies so far.

Advisers to President-elect Donald Trump are developing plans to reshape Energy Department programs, help keep aging nuclear plants online and identify staff who played a role in promoting President Barack Obama's climate agenda.

To read the entire article, go to http://bloom.bg/2gHCC7B

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

Fwd: Global Wind Energy Insight: ‘We’re Moving On’ - Renewable Energy World





Global Wind Energy Insight: 'We're Moving On'

December 7, 2016
wind energy
         

Well, what was unthinkable just a short while ago is now the reality, and Donald Trump is President-elect of the United States, sending shockwaves across the U.S. and around the world. The press and social media are rife with speculation about which of the many and often conflicting positions he took during the campaign will become reality.

Much can be read (or not) into a recent (Nov. 22) New York Times interview where he struck a partly conciliatory tone, saying he wasn't going to prosecute Hillary Clinton for her emails; he wasn't going to start waterboarding people again; that he was 'keeping an open mind' about the Paris Agreement; and that he acknowledged 'some connectivity' between human activity and observed climate change.

I was en route to the UNFCCC's COP 22 in Marrakech when the news came through, and while there were lots of tears, rage, sadness and fear among the many U.S. delegates at the conference, and shock and disbelief among most international delegates, the general attitude was 'whatever the U.S. does, we're moving on'.

Perhaps the most sought-after and interesting response was from China. After having repeatedly warned candidate Trump that any move to pull out of Paris would have grave diplomatic consequences, the Chinese delegation in Marrakech rose to the occasion, and somewhat reluctantly, donned the crown of 'climate leader,' which the U.S. has held for the past several years. Indeed, it was the cooperation between China and the U.S. last year which set the tone that allowed for the diplomacy resulting in the Paris Agreement, and which saw it enter into force on Nov. 4 — record time for such an agreement.

The general attitude at COP 22 was 'whatever the U.S. does, we're moving on' — Click to Tweet

China's position was clear — they were moving ahead as planned. After explaining to the U.S. that rather than a 'Chinese hoax,' they observed that international climate diplomacy was set in motion under President Reagan (and Margaret Thatcher) in 1988 with the establishment of the IPCC and the early negotiations leading up to the conclusion of the UNFCCC in Rio, which was quickly ratified by the U.S. Senate under the leadership of President George H.W. Bush in 1992, just before he left office. The supreme irony, of course, is that the public face of U.S. climate policy has for the past decade or more been 'to get China on board.' Whether or not the U.S. had anything to do with it, it is clear that China is 'on board.'

China is the world's largest manufacturer of wind turbines, solar PV panels and solar hot water heaters, and is leading the world in total installations of all of these technologies. China seems to be the one country which took President Obama's 2009 exhortation to heart: "the country that leads in clean energy technology will lead the economy of the 21st century." Not only is there an overwhelming domestic imperative to wean the country off coal for human health and local environmental reasons, there is an economic imperative as well; the same imperative which is driving the clean energy industry globally. Perhaps Mr. Trump will come around to that point of view eventually. According to the U.S. Department of Labor, the fastest growing job in the U.S. is... (drum roll) ...wind turbine technician.

Also refusing to be cowed by the (threatened) U.S. move were the 48 states which are members of the Climate Vulnerable Forum, which pledged to go to 100 percent renewable energy by 2050; and indeed, virtually all countries pledged to move ahead with Paris, and there were no indications of anyone following the (apparent) U.S. lead — not even the Saudis.

So what does this all mean for renewable energy in general, and for wind power in particular? Well, like so much else about the incoming Trump Administration, we just don't know; and I don't believe they do, either. The next few months will be critical, as cabinet positions are mooted, and they are confirmed (or not) by Congress. Mr. Trump may have a more difficult time with his own party in Congress than he expects.

The landmark deal which was agreed 12 months ago for the extension and phase-out of the production tax credit (for wind) and the investment tax credit (for solar), was done on a bi-partisan basis, and we are heartened by Sen. Chuck Grassley's (R-Iowa) statement that Trump would undo the deal 'over my dead body.' Grassley's Iowa now gets 35 percent of its electricity from wind power. We have received information that the renewables industry is not on the target list, yet. However, the people that President Trump has put in charge of the transition in key areas, such as the Environmental Protection Agency, U.S. Department of Interior and U.S. Department of Energy, are troubling indeed, as are the noises his people are making about slashing NASA's climate research. We will have to wait, and watch, and fight when the time comes.

The other concern is Trump's anti-trade stance. The wind industry has developed a global supply chain, and while it is far from perfect, increasing trends towards free movement of goods and services has helped the industry grow, reduce costs and increase efficiencies. Any backsliding on that front would have potentially severe negative consequences for the industry.

In the meantime, the industry continues to power ahead. Up until recently the main storm clouds for the industry lurked around Europe's lagging commitment, and curtailment in China. A major new (orange) cloud has appeared on our horizon, but I'm confident that we'll weather that storm as well.


Sent from my BlackBerry - the most secure mobile device

Wednesday, December 7, 2016

Fwd: Politics P.M.: Trump said to pick Scott Pruitt to head EPA, an agency he is suing as Oklahoma attorney general

---------- Forwarded message ----------
From: "The Washington Post" <email@e.washingtonpost.com>
Date: Dec 7, 2016 5:03 PM
Subject: Politics P.M.: Trump said to pick Scott Pruitt to head EPA, an agency he is suing as Oklahoma attorney general
To: <mbannerman@arcstarenergy.com>
Cc:

Trump raises millions for transition while swiping at Boeing and joking about 'Apprentice'-style inaugural stunts; Trump picks Iowa Gov. Terry Branstad — a 'friend' of China's leader — as Beijing ambassador; Trump says stock ownership presents conflict of interest, but remains silent on his own business; The Daily 202: How Trump has zigged and zagged on the Muslim ban since proposing it one year ago today; Donald Trump is (finally) named Time's 'Person of the Year'; Holiday season is a tough time for low-wage federal contractors; Obama won lots of votes from racially prejudiced whites (and some of them supported Trump); In Louisiana Senate election, one final defeat awaits Democrats; Democrats' misleading claim that Concerned Veterans for America wants to 'privatize' VA; Trump formally introduces defense nominee James 'Mad Dog' Mattis; Obama defends his wartime strategy and laments Trump's likely change of course;
 
Politics P.M.
Politics happens fast. Catch up.
 
 
Trump said to pick Scott Pruitt to head EPA, an agency he is suing as Oklahoma attorney general
The nomination of Pruitt, confirmed by a transition official, signals Trump's intention to dismantle President Obama's chief climate change policy. Pruitt, who has written that the debate on climate change is "far from settled," is part of a coalition of state attorneys general suing the agency over the administration's Clean Power Plan. This is a […]
By Washington Post Staff  •  Post Politics  •  Read more »
Trump raises millions for transition while swiping at Boeing and joking about 'Apprentice'-style inaugural stunts
He appears cool to a suggestion that he kick off his inauguration with a Fifth Avenue parade, then board a helicopter atop Trump Tower and fly to Washington.
By Matea Gold  •  Post Politics  •  Read more »
 
Trump picks Iowa Gov. Terry Branstad — a 'friend' of China's leader — as Beijing ambassador
The move could help ease worries among China's leaders about dealings with the Trump White House.
By Philip Rucker and Simon Denyer  •  PowerPost  •  Read more »
 
Trump says stock ownership presents conflict of interest, but remains silent on his own business
In "Today" show interview, the president-elect said he sold his shares because he felt he was likely to win the presidential election and didn't want such conflicts.
By Rosalind S. Helderman and Jenna Johnson  •  Read more »
 
ADVERTISEMENT
 
The Daily 202: How Trump has zigged and zagged on the Muslim ban since proposing it one year ago today
A timeline with 14 variations of his position – and what it says about the president-elect's governing style
By James Hohmann  •  PowerPost  •  Read more »
 
Donald Trump is (finally) named Time's 'Person of the Year'
Trump has long been obsessed with being on the cover of magazines, and Time's "Person of the Year" became his holy grail.
By Jenna Johnson  •  Post Politics  •  Read more »
 
Holiday season is a tough time for low-wage federal contractors
President Obama has taken action to protect contract workers, but his efforts are under attack.
By Joe Davidson | Columnist  •  PowerPost  •  Read more »
 
Obama won lots of votes from racially prejudiced whites (and some of them supported Trump)
Let's help Joe Scarborough understand some data.
By Michael Tesler  •  Monkey Cage  •  Read more »
 
ADVERTISEMENT
 
In Louisiana Senate election, one final defeat awaits Democrats
The GOP's John N. Kennedy is favored to win against Foster Campbell in a runoff vote.
By Tyler Bridges  •  Read more »
 
Democrats' misleading claim that Concerned Veterans for America wants to 'privatize' VA
We dug into a popular Democratic talking point mischaracterizing a proposal to overhaul the Department of Veterans Affairs.
By Michelle Ye Hee Lee  •  Fact Checker  •  Read more »
 
Trump formally introduces defense nominee James 'Mad Dog' Mattis
Mattis needs a waiver from Congress to serve as secretary of defense.
By Abby Phillip  •  Post Politics  •  Read more »
 
Obama defends his wartime strategy and laments Trump's likely change of course
The president wants to help his successor avoid "ill-considered" decisions.
By Greg Jaffe and David Nakamura  •  Read more »
 
Recommended for you
 
Wonkbook
Your daily cheat sheet on economic and domestic policy from Wonkblog.
 
     
 
Share Politics P.M.:       Twitter      Facebook
Trouble reading? Click here to view in your browser.
You received this email because you are signed up for Politics. For additional free newsletters or to manage your newsletters, click here.
We respect your privacy. If you believe that this email has been sent to you in error or you no longer wish to receive email from The Washington Post, click here. Contact us for help.
©2016 The Washington Post, 1301 K St NW, Washington DC 20071