How solar power could become a victim of its own success

Solar plant in Bavaria, Germany

Solar is the world’s fastest growing source of new energy, outpacing growth in all other forms of renewable energy, according to research by the International Energy Agency (IEA) published in November. Renewables overall accounted for two thirds of new power added to the world’s grids in 2016, and solar even overtook coal in terms of net growth. This enormous boost has come about thanks in part to the plummeting costs of getting rigged up to wind and solar, as well as massive growth in China and India.

Good times, then, for the Earth’s long-term prospects of continuing to power itself, and taper the consumption of fossil fuels. At the end of April, 85 per cent of German electricity came from renewable sources, establishing a new national record for the country, with breezy, warm and sunny weather combining to create a renewable whammy of unseen proportions.

Last week, solar overtook biomass to become the third source of renewable energy in the US, and renewables in the country now provide 17 per cent of overall electricity, marking good progress, though there is still a way to go with solar only constituting one per cent. Read More

Hawaii just passed a law to make the state carbon neutral by 2045

In a little less than three decades, Hawaii plans to be carbon neutral–the most ambitious climate goal in the United States. Governor David Ige signed a bill today committing to make the state fully carbon neutral by 2045, along with a second bill that will use carbon offsets to help fund planting trees throughout Hawaii. A third bill requires new building projects to consider how high sea levels will rise in their engineering decisions.

The state is especially vulnerable to climate change–sea level rise, for example, threatens to cause $19 billion in economic losses–and that’s one of the reasons that the new laws had support. “We’re on the forefront of climate change impacts,” says Scott Glenn, who leads the state’s environmental quality office. “We experience it directly and we’re a small island. People feel the trade wind days becoming less. They notice the changes in rain. They feel it getting hotter. Because we are directly exposed to this, there’s no denying it.” The state’s political leaders, he says, are “unified in acknowledging that climate change is real and that we do need to do something about it.” Read More

Solar power plant deal signed

A massive solar power plant is to be built on a vacant runway at the airport.

Saturn Solar Bermuda 1, a part of Canadian-based Saturn Power, will develop the six-megawatt power plant on “the finger”, a runway and munitions pier when the airport was run by the US Navy as a Naval Air Station.

The generating plant will be the first large-scale renewable energy resource on the island.

Walter Roban, the Minister of Transport and Regulatory Affairs, said: “Out of nine candidates, six being Bermudian, Saturn Power came in as the lowest bidder at 10.3 cents per kilowatt hour.

(http://www.royalgazette.com/environment/article/20180605/solar-power-plant-deal-signed

Why Solar Power Needs to Get Better:

Elon Musk

9 Experts on the Improvements Solar Technology Needs Today - Interesting Engineering

Solar is just one of many sustainable energies that could lead the way to a green power revolution. Though solar power is becoming more and more viable every day, there are still issues to overcome before entire countries can depend on the sun as a source of energy.
If we're to finally phase out fossil fuels for good, solar power needs to get better. Here are just some of the issues that experts are trying to address in the fight to make the world a greener place.

1. Elon Musk: Solar Power Needs to be Integrated
Elon Musk's vision of a solar-powered future doesn't stop at solar panels on roofs - he wants entire integrated systems to dominate homes and businesses all over the world. He imagines a future where solar roofing tiles feed into power walls, which in turn power electric cars.
Speaking in 2016, Musk said, "The key is it needs to be beautiful, affordable and seamlessly integrated." His point is clear - if solar power is to become a dominant power source, there has to be integrated infrastructure both privately and publicly to support that generation of energy. Read More

Davos: The Need for Renewables in Our Shared Future

You might believe, as many people do, that the World Economic Forum in Davos is out of touch with everyday people. To me, the only thing worse than the global elite getting together to solve the world’s problems is the global elite getting together and not solving the world’s problems.

The theme this year was creating a shared future in a fractured world, which is exactly what our global leaders should be talking about. And this year the forum gathered together the most powerful aggregation of global corporate and government leaders in recent decades.

Climate change at the forefront

I participated in the forum and led a dialogue about the role of renewable energy in creating a shared future—a key theme at the forum, touted by many heads of state. In the opening plenary, Indian Prime Minister Narendra Modi named climate change the number one challenge to civilization as we know it, and shared his country’s ambitious goal of producing 175 gigawatts of renewable energy by 2022. French President Emmanuel Macron said he wants to “make France a model in the fight against climate change,” and will shut down all the country’s coal-fired power plants by 2021.

The missing voice

The numerous energy tracks at the forum were largely made up of policy makers, utilities, and technology providers. The discussion around renewable energy is often thought of as a three-legged stool: technology, finance, and policy. While those three things are indeed crucial to advancing renewable energy, there is also a critical fourth element that is much harder to shift—people. Unfortunately, like many large conferences, the voice of energy consumers was largely lacking at Davos.

I participated in the Accelerating Innovation for Sustainable Energy panel, which had a rich, dynamic dialogue around accelerating technological innovation. There was consensus around the important role that government can play in both financing technological innovation to start the research and development process, and also shepherding winning technologies all the way through commercialization. However, often where technology fails is not in the early R&D phase but in pre-commercialization—a phase when a technology often requires no changes to policy or finance, but just needs buyers to take a risk and use something they haven’t used before. It’s where human dynamics really come into play.
https://goo.gl/mLN8gR

Distributed Solar Is Less Expensive Than Delivered Coal Power

On March 22, 2017, Rocky Mountain Institute’s Shine Program released a request for proposals (RFP) for community-scale solar on behalf of a group of rural electric cooperatives in eastern and northern Colorado. The RFP was part of RMI’s ongoing work to develop the community-scale market nationwide.

Nearly 30 developers responded to the RFP, providing highly competitive bids. Prices for solar power purchase agreements were lower than the value of solar to the co-ops, and so solar is expected to result in economic savings for participating co-ops.

RFP results confirm that we have crossed a significant tipping point where distributed solar is not only a means to supply green energy and to promote regional economic development, but also an opportunity to decrease energy costs and to drive down bills for price-sensitive energy consumers. The Colorado RFP outcomes are informative to utilities nationwide, but particularly to co-ops and municipal utilities in Colorado and neighboring states that are contemplating solar development and are interested in joining a regional procurement opportunity. More

Saudi Aramco CEO Says Oil Supply Shortage Coming, Cites Steep Drop In Conventional Discoveries & Steep Drop In Investments

The CEO of Saudi Aramco, Amin Nasser, was recently quoted at a conference in Istanbul as saying that the world is likely heading towards an oil supply shortage before too long as a result of falling discoveries of new conventional oil reserves and steep drops in new investment.

This situation — peak oil for conventional oil fields, which was passed several years back, and the growing dependence on expensive “unconventional” options — is one that we’ve reported on numerous times now.

We’ve also reported on the way that the oil price crash of recent years has led directly to rapid increases in the debt levels at many top oil companies, and to a steep drop in new investments.

While taking an oil exec at their word when they’re discussing the oil market is probably ill-advised, in general, Nasser is more or less just stating the blunt reality of the situation here — as far as general trends go, oil is only going to get more expensive as time goes by, as cheap conventionals are rapidly being depleted.

“If we look at the long-term situation of oil supplies, for example, the picture is becoming increasingly worrying,” Nasser commented, as reported by Reuters. “Financial investors are shying away from making much needed large investments in oil exploration, long-term development and the related infrastructure. Investments in smaller increments such as shale oil will just not cut it.”

To put a figure to that, around $1 trillion in new investments have been “lost” since 2014 or so. This only compounds the situation as regards the increasing difficulty of finding new conventional oil reserves. The easiest to find and develop have been in production for a long time now — what remains are the less attractive options. More