Monterey County California has given the go ahead to build a 1.2 Gigawatt battery facility that will act as a demand peaker, supplying power at peak times when a natural gas turbine would normally have been utilized. This facility is ten times bigger than the previous largest battery facility in the world – the Hornsdale…
Bloomberg NEF – Battery Power’s Latest Plunge in Costs Threatens Coal, Gas March 26, 2019 It’s happened, decades ahead of schedule. Lithium-ion batteries are at parity with baseload coal, gas and nuclear. Those new gigabattery factories are responsible. it’s amazing what giga scaling can do to costs. The latest cost plummet was 35 percent since…
Climate Change 2018 Review: Part 2 – The Good! by Bruce Melton Climate Change Now Initiative, 501c3 (Link to Article) So much happened in our climate change world in 2018 that we are printing this article in two parts: The Bad, and The Good. We started with the bad. If you missed Part 1, you…
The 45Q Carbon Sequestration Tax Credits: First Steps or Moral Hazard? Summary: The new enhancements to Obama’s 45Q carbon dioxide sequestration tax credits are widely seen as a boon to the oil industry. A deeper look reveals they could be the incentive that allows us to actually reverse warming, something that most people understand…
Batteries, Wind, Solar, The Paris Path Arrives – Excel Energy Across Central U.S. Xcel Energy, the dominant electricity and natural gas supplier in eight states from Wisconsin through the Dakotas to Texas, with $11 billion in 2017 revenues, and 3.3 million electric and 1.8 million gas customers, is proving that wind and solar energy…
Are We Really at Battery Parity Already? Let’s make an assumption. I do not believe it is valid based on the work of Mark Jacobson and team at Stanford and The Solutions Project, but for this discussion, let’s say it is. Climate reform culture says we can’t go beyond about 40 percent alternative energy penetration…
Yes, We Can Get 100 Percent of our Energy From Renewable Resources A comprehensive review of hundreds of studies on the feasibility of 100 percent alternative energy. In March 2017, Heard et al., published a study of 24 works on the feasibility of 100 percent renewable energy. Their findings were not favorable. But on April…
Are We Really On Track To Meet Paris Energy Generation Commitments Without Carbon Regulations? Paris commitments are generally about 80 percent emissions reductions by 2050 and net zero, or 100 percent emissions reductions by 2080. Because of the dramatic fall in costs of alternative energy construction, one could validly say that today we are…
Battery Storage Costs Plummet Lazard was founded in 1848 and is a financial advisory and asset management firm that caters primarily to institutional clients. They began preparing a global evaluation of the levelized cost of energy for new energy generation installations in 2009, and for energy storage in 2015. “Levelized costs of energy (LCOE)” are…
NOAA’s new sea level rise report in January 2017 is a dope slap that describes 17 inches of sea level rise in Florida by 2030. You can see the report here, or check out our review that summarizes the important parts here. The continuing publishing of sea level rise research on emissions reductions and resultant…
Climate catastrophism, or as it will be called soon, reality, is getting tougher to pin down with every new climate catastrophe. A real page turner on the subject is Lynas, Six Degrees: Our Future on a Hotter Planet. It’s from 2007 and hyperbolic for the day, but appearing less so as extremeness increases faster…
President Trump it seems, has given us permission to backslide with our thinking about climate change. Until we have rule or law that tells us we must do something about climate pollution, “those that would rather it not be real” have won. This allows the debate to rage encouraging doubt. The Clean Power Plan and…
We have entered the non-linearly increasing phase of climate change impacts. This is pretty much standard climate science that climate scientists said we would endure if we delayed action. Could they have imagined that we would delay for 20 years? What would they have said 20 years ago about what we should expect if the had…
Two degrees C was first suggested as an upper limit to where we should allow our climate to warm by Nordhaus (Yale) in the American Economic Review in 1977 with the justification that this amount of change would exceed the temperature envelope where our mature civilization has developed. Nordhaus cites Sellers 1974 and NCAR 1974…
The driver of our climate system has changed in the last two decades from one that is controlled by annual emissions, to one that is controlled by already emitted CO2. This means that previous strategies to control annual emissions are no longer meaningful and we must now turn our attention to the already emitted climate…
For 24 years we have been attempting to implement climate reform, but because strategies are complex, controversial and inequitable, we have nothing to show for this effort save a near-failing carbon credit program in the EU. By giving ourselves permission to seek zero warming, we go beyond the failed strategies of the past into a…
