Archive for the ‘renewable energy’ Category

The power outlook for California this summer is tough…or is it?

The California power supply may be stretched to its limits this summer.

It all started with the indefinite loss of the 2,250-MW San Onofre nuclear plant nearly 18 months ago. The plant went and remains offline because of premature wear on reactor steam tubes at both units. The loss of such a large asset to a state-wide or regional power system is the kind of worst-case scenario that grid operators plan for on a short-term basis.

On top of that, it’s barely snowed in the mountains whose spring runoff supplies much of the “fuel” for the state’s hydropower. In the 2013 summer assessment released Monday by the California independent system operator, Cal-ISO, the report said that “snowpack water content on May 2, was 17% of average statewide for that date, 16% for northern portions, 23% for central California and 9% for the southern region.” As a result of that, the ISO projection assumes a 1,022-MW “derating” on the hydro resources in the ISO system. And the report also noted that, not surprisingly, the drop could be bigger if the summer is hotter and dryer than normal.

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How Germany’s renewables have hit wholesale power prices

Renewable electricity generation, much of it heavily subsidized, has made significant inroads in certain places that are simultaneously experiencing record low wholesale power prices. Is there a connection between build-up and price?

The answer to that seems to depend on how large the build-up is, and on the fuel mix of the overall generating portfolio.

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An update from the ethanol/RINs battleground: hitting physical markets

A few updates from the intersection of RINs and ethanol. It’s starting to look like there have been physical market reactions to the rising price of RINs.

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Another voice calls for E85 as a solution to the RINs conundrum

The idea of using E85 as a way out of the blendwall/RINs issue in the US has another backer.

But it’s not a new backer. Well-known energy economist Phil Verleger several years ago first brought up the likelihood that the refining industry might need to promote the sale of E85 as a way around the Gordian knot of a 10% ethanol blendwall combined with a rising mandate for the use of renewable fuels plus a decline in gasoline demand in the US.

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Paul Ryan’s energy argument may have false premise

In the budget proposal he released this week, House Budget Committee Chairman Paul Ryan made a rather convincing case for why the federal government needs to stop funding renewable energy sources like wind and solar at the expense of fossil fuels, pointing to the Obama administration’s trend of bankrolling failed projects.

While you may have only heard about the fallout from Solyndra, the bankrupt solar startup that received a $535 million federal loan guarantee from the Department of Energy, Ryan, a Wisconsin Republican, highlighted two other “failed” solar projects the Obama administration continues to waste money on.

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EPA on renewable fuels fraud and what makes a commodity

When the Environmental Protection Agency set up renewable fuel mandates for US refiners, it didn’t intend for the underlying credits to become commodities.

That’s how Byron Bunker, director of EPA’s compliance division, put it to a room of biodiesel producers recently. He was explaining the agency’s attempt to reform the market for those credits after three cases of fraud roiled the biodiesel industry last year.

It sounded like a crazy statement at first. How could EPA not know that the credits — called Renewable Identification Numbers (RINs) — would be bought and sold for profit?

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Did the US already overtake Saudi Arabia for petroleum liquids king? Even more asterisks pop up

A recent declaration by a blogger that the US already has topped Saudi Arabia in total liquids output comes with even more asterisks than we wrote about last week. But it does add yet one more question about how to count barrels, which is probably going to be a major parlor game in coming years.

On a blog entitled Next Big Future, a blogger named Brian Wang looks at some data and reaches the conclusion that for at least now, the US already has become king of the production hill.

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ABB throws down a possible breakthrough in the 100-year “War of the Currents”

If everything equipment makers said about technological breakthroughs were true, we’d all be living with The Jetsons.

But every once in a while a pitch grabs an editor’s attention. ABB’s claim that it had solved a “100-year-old electrical riddle” is a good example.

The Swiss company says it has developed the “world’s first” circuit breaker for high-voltage direct current and that its hybrid HVDC breaker can interrupt power flows “equivalent to the output of a large power station within 5 milliseconds,” about 60 to 80 times far faster than the blink of an eye.

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The case for and against renewables, at the Platts Global Energy Forum

As the discussion/debate between thinker and author Robert Bryce and entrepreneur Jigar Shah at the Platts Global Energy Forum was drawing to a close, Shah spoke from the perspective of an entrepreneur who has devoted much of his career to renewable energy development. (Note: Mr. Shah commented on this blog entry below.)

After Bryce reviewed ways in which renewables are now distorting the generation of electricity by conventional means — such as Texas-based wind farms bidding negative prices into utilities, figuring they’ll get the money back on the federal wind production tax credit — Shah said that argument only underlined his point.

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The numbers on the LCFS, or why Thanksgiving and California’s fuel standard have something in common

We’ve found a way to link the California Low Carbon Fuel Standard to Thanksgiving.

Like so many hosts standing over a table full of food and wailing, “Will it be enough?,” the LCFS now is generating some quarterly numbers that spur the same question.

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