Tag Archives: renewables

CPS Energy board approves plan to phase out coal by 2028

At-a-Glance

CPS Energy’s board of trustees voted 4-1 on January 23 to approve a new energy mix, which will see the municipally owned utility phase out its use of coal by 2028. For more, read CPS Energy board approves plan to phase out coal by 2028.

Key Takeaways

  • Under the approved plan, CPS Energy will shut down one of two remaining coal plants in 2028 and convert the second to a natural gas plant by 2027, which will run indefinitely.
  • The new mix aims to minimize CPS Energy’s reliance on the grid and to ensure it has plenty of dispatchable energy – meaning it can be turned on and off when needed.
  • Known as Portfolio #2, the plan will add roughly 4,928 megawatts of generation capacity to the utility’s portfolio over the next seven years, including 1,380 megawatts from combined cycle natural gas and about 800 from reciprocating internal combustion engines that run on natural gas or diesel.
  • Another 500 megawatts will come from wind, 1,180 from solar, and 1,060 from lithium battery storage.
  • CPS Energy officials emphasize that the utility will revisit the portfolio every two to three years, and Portfolio #2 offers enough flexibility that as cleaner technologies come online, they can be added to reduce CPS Energy’s reliance on natural gas.

Path to 100% Perspective

Utilities in the United States are seeing the value and beginning to invest in flexible gas solutions as part of their portfolios to integrate a growing share of renewables in the most efficient manner. CPS Energy’s plan, which includes fast starting gas power plants, will give the utility a solid and much cleaner portfolio that provides optimized and reliable electricity to its customers. Their plan also sets a precedent for how a Texas utility can accelerate the transition toward 100% renewable energy with hybrid solutions. Including flexible gas assets in the portfolio is now becoming the best and fastest way to integrate renewables and ensure security of supply, regardless of weather conditions.

Wartsila energy storage systems keep island grid secure

At-a-Glance

Wartsila will supply two 10 MW / 10 MWh energy storage systems consisting of its GridSolv Quantum integrated energy storage system and GEMS Digital Energy Platform software to Caribbean Utilities Company Ltd. (CUC) in the Cayman Islands. The project, which will be CUC’s first energy storage facility, will enable the utility to approximately double its renewable energy capacity on Grand Cayman, the largest of the three Cayman Islands. For more, read Wartsila energy storage systems keep island grid secure.

Key Takeaways

  • The new energy storage facilities will allow CUC to operate its generating assets, including a 5 MW solar farm, in a more efficient manner, reducing fuel costs to electricity consumers.
  • The energy storage systems will also facilitate up to a total of approximately 29 MW of distributed customer-sited renewable energy resources without causing instability to the grid.
  • The systems are expected to provide extensive power system optimization capabilities and the battery will have the ability to react much faster than the existing plant, reducing the risk of customer outages caused by a loss of generation.
  • The systems are expected to become operational in late 2023.
  • Wartsila is no stranger to optimizing island power grids as its GEMS software and GridSolv energy storage systems are being used to manage 4.5 MW of wind energy, 1 MW of solar and 2.5 MW of energy storage on the island of Graciosa in the Azores, and provide 25 MW of energy storage for Bahama Power and Light.

Path to 100% Perspective

Island grids face unique reliability and resiliency challenges before considering the intermittency caused by increased integration of renewables. Places like the Cayman Islands demonstrate how steps are being taken to not only work toward renewable energy goals to reduce carbon emissions, but also to optimize energy generation and improve grid reliability in the face of seasonal variability and extreme weather events

Booming Investment In Renewables Is Set To Continue In 2023 And Beyond

At-a-Glance

Climate tech has come to the fore like never before with its potential to be a safe haven investment in a macroeconomic environment of uncertainty. For more, read Booming Investment In Renewables Is Set To Continue In 2023 And Beyond.

Key Takeaways

  • Clean energy investment significantly accelerated and is expected to surpass $1.4 trillion in 2022, says the World Economic Forum. 
  • Three-quarters of overall growth in energy investment is attributable to clean energy, which has been growing at an average annual rate of 12% since 2020.
  • Governments across Europe are doing their part to assist in the energy transition in a meaningful way, with the EU accelerating the speed at which permits are given to renewable energy projects.
  • Germany approved plans for each state to allocate a minimum amount of land for onshore wind farms and EU energy ministers backed laws with targets to get 40% of energy from renewable sources by 2030.
  • Deloitte’s Renewable Energy Outlook for 2023 report forecasts that the Inflation Reduction Act’s (IRA) extension of tax credits for renewable energy projects will lead to up to 550 gigawatts of additional clean energy by the end of the 2020s.
  • Private investment in renewables in the U.S. reached a record high of $10 billion in 2022, investment levels that Deloitte forecasts are expected to continue into 2023 as investors are attracted by transparent and predictable returns on mature technologies that are backed by the IRA’s 10-year tax credits.

Path to 100% Perspective

Recent investments in clean energy make it abundantly clear that the renewable revolution is here. Increasing and being consistent in these investments is necessary to realize a 100% renewable energy future. As energy leaders take stock post-COVID and restructure their models, now is a key moment to set clear frameworks for achieving net zero. For most, it’s not about starting from scratch, but understanding where and how to invest to drive future resilience.

Generating Change: Wartsila’s Evolution

At-a-Glance

Finnish company Wartsila evolved from humble beginnings as a sawmill into a global marine and energy powerhouse that is today a model of customer value creation, decarbonization, and growth amid uncertainty. Driving that triumph over its 188-year history is a consistent spirit of innovation and flexibility. For more, read Generating Change: Wartsila’s Evolution.

Key Takeaways

  • Since 2010, Wartsila has been focusing on becoming a world leader in balancing and power optimization to help customers achieve decarbonization and transition toward a 100% renewable energy future.
  • In May 2020, Wartsila began work developing a combustion process in its engines to achieve 100% hydrogen fuel combustion. The company expects to launch a power plant design for hydrogen blends in 2022, followed by a concept for pure hydrogen in 2025.
  • In March 2022, Wartsila began operating two Wartsila 34SG engines, a combined output of 11.6 MW, that can run on 3% hydrogen and natural gas blend at Keppel Offshore Marine’s “Floating Living Lab” in Singapore.
  • In addition to hydrogen, other potential renewable fuels are being studied for future applications. In 2022, Wartsila released its Wartsila 32 Methanol engine to the market and it expects to have engine concepts ready for operating with pure ammonia fuel in 2023.

Path to 100% Perspective

Modern and flexible engine power plants are an ideal solution for balancing power, due to their flexibility in fuels and operation profiles. This is needed as batteries alone cannot fulfill the balancing need for fluctuating renewable power sources. Flexible capacity must be ready to start quickly at any time and capable of ramping up and down an unlimited number of times a day. Current Wartsila engine power plants can connect to the grid in 30 seconds and reach full load in just two minutes. In addition, current Wartsila gas engineer power plants can use up to 25 vol% hydrogen blends in natural gas and there is ongoing development for pure hydrogen and other P2X fuels, such as ammonia, methane, and methanol. As part of the strong green hydrogen boom, Wartsila is planning several hydrogen projects with partners and customers ranging from utilizing hydrogen blends in existing assets to a P2X2P plant in collaboration with partners.

#PathTalks: Chile moving towards a future of 100% renewable energy

Chile has one of the most ambitious decarbonization plans in the world, targeting carbon neutral electricity in 2050. This South American country is already at a 70% renewable energy share with some of the world’s best wind and solar resources available. It is possible to retire coal in Chile before 2030 and to reach a 100% carbon neutral power system before 2050.

#PathTalks host Fernanda Castro speaks with Wärtsilä Chile General Manager, Alejandro McDonough about the updated study “Towards a Future of 100% Renewable Energies” and what it could mean in accelerating the energy transition in Chile.

The study indicates that although competitive renewable energy and battery storage are available, the missing piece of the puzzle is long-term energy storage, which has the role of ensuring proper system function and reliability even during longer usual weather patterns such as drought, extreme heat or cold waves, cloud cover and rain, low wind periods as well as low solar seasons such as winter.

This video is in Spanish, but includes English subtitles.

Wärtsilä Report Urges 100% Renewables Sooner, Uruguay Proves It Can Happen Now

At-a-Glance:

With the COP26 conference happening in Glasgow, many climate and environmental  groups are urging nations to accelerate the transition to renewable energy. A new report from Wärtsilä entitled Front Loading New Zero argues that nations can adopt 100% renewable systems faster than currently planned. To learn more, read “Wärtsilä Report Urges 100% Renewables Sooner, Uruguay Proves It Can Happen Now.”

Key Takeaways:

  • The new report says significant cost reductions can be achieved by front loading the deployment of renewables — mostly wind and solar — and by utilizing the technologies needed to balance their inherent intermittency with energy storage and thermal generating stations.
  • Wärtsilä CEO Håkan Agnevall explains, “As we approach COP26, our Front-Loading Net Zero report should act as a wake-up call for leaders, as this is our last and best chance to get countries on pathways to carbon neutrality.
  • Sushil Purohit, president of Wärtsilä Energy adds, “There is no single solution that fits all markets, and this report highlights the different paths and technologies that can be utilized. The ultimate aim, however, is common to all and that is to decarbonize energy production and take the fullest advantage of our natural energy sources.”
  • In 2007, Uruguay had to rely on electricity imported from neighbors like Brazil and Argentina.
    • Within 10 years, it had 4,000 MW of installed capacity.
    • Today, 98% of the electricity for its 3.4 million inhabitants comes from renewables, including hydro.

Path to 100% Perspective:

The price of electricity does not need to increase when power systems move to net zero. Utilities are shifting from a costly operational expenditure (opex) model, where capital is continually drawn into fuelling and maintaining legacy inflexible coal, oil, and gas plants – to a new model where up-front capital expenditure (capex) is invested in predictable, low maintenance, renewable energy technology. Flexibility creates the conditions where renewable energy is the most profitable way to power our grids: ensuring back-up power is available when there’s insufficient wind or solar – and earning rewards from capacity mechanisms. Investing in renewable baseload is now viewed as buying ‘unlimited’ power up-front, as opposed to betting against fluctuating oil prices and narrowing environmental regulation.

 

Photo by Ernesto Velázquez on Unsplash

US reducing power sector CO2 emissions while growing economy: study

At-a-Glance:

The US power industry has been making steady progress reducing greenhouse gas emissions, with power sector carbon dioxide emissions decreasing about 10% between 2019 and 2020 because of a mixture of pandemic impacts, energy efficiency and fuel switching away from coal, a July 20 report said. This year’s report, which has been prepared since 1997, highlighted several “dramatic shifts,” as the share of power produced by non-hydro renewables increased 20% from 2019 levels and the share from coal-fired generation decreased by roughly 17%, the statement said. To learn more, read “US reducing power sector CO2 emissions while growing economy: study.”

Key Takeaways:

  • An S&P Global Platts analysis earlier this year showed the US now has at least 20 states, plus the District of Columbia, with aggressive plans in the works for 100% renewable power, carbon-free power or net-zero emissions, roughly double the number from a year ago, while 12 states have not initiated any clean energy plans.
  • The 100 largest power producers in the US own nearly 3,500 power plants and account for more than 80% of the sector’s power generation and reported air emissions, according to the benchmarking report, which relies on data from state agencies, along with the US Environmental Protection Agency and US Energy Information Administration.
  • The top five producers of zero-carbon power in 2019 were Exelon, NextEra Energy, Duke Energy, Tennessee Valley Authority and Entergy.
  • The top five generators with the lowest CO2 emissions rates in 2019 were Exelon, Public Service Enterprise Group, NextEra Energy, Entergy, and Dominion Energy, according to the report.
  • Facilities in Texas produced 483 million MWh compared with just 42 million MWh in Wyoming, but only about 19% of the power produced in Texas comes from coal, compared with 83.9% in Wyoming, he added.

Path to 100% Perspective: 

State, provincial, municipal and in some cases national governments are declaring mandatory targets for 100% clean power. These regulatory targets are often considered renewable mandates as it is commonly understood that wind, solar, hydro and other renewable energy sources are needed to replace fossil-fuel power plants in a zero-carbon emissions future. According to the UCLA Luskin Center For Innovation November 2019 report of the Progress Toward 100% Clean Energy in Cities and States Across the U.S., a growing number of investor owned utilities are making 100% commitments, whether the states they supply energy to mandate the requirement or not. This private-public commitment to decarbonization is continuing to build momentum toward a renewable energy future. 

How Wind and Solar Power Got the Best of the Pandemic AND Wind, Solar Power Made Strong Gains in 2020, IEA Says

At-a-Glance:

Global recessions, wars, and pandemics have a way of driving down energy demand. Last year, the International Energy Agency (IEA) said the collapse in global primary energy demand brought on by COVID-19 was the biggest drop since the end of World War II, itself the biggest drop since the influenza pandemic after World War I. IEA also reported that renewable power capacity grew at its fastest pace this century in 2020, raising its growth forecast for wind and solar power for this year and next.According to the Paris-based energy watchdog, renewables were the only energy source for which demand increased last year. The addition to the world’s renewable electricity capacity last year was 45% more than in the prior year and the biggest jump since 1999, as wind and solar farms sprang up across the world’s major economies. To learn more, read “How Wind and Solar Power Got the Best of the Pandemic AND Wind, Solar Power Made Strong Gains in 2020, IEA Says.” Reading these articles may require a subscription from the news outlets.

Key Takeaways:

  • Renewable energy installations not only increased during the pandemic, they exceeded even the most bullish of expectations, with wind installations increasing 90% and solar increasing 23%.
  • IEA estimates that in 2022, renewables will account for 90% of new power capacity expansion globally.
  • ​​“Wind and solar power are giving us more reasons to be optimistic about our climate goals as they break record after record,” said IEA Executive Director Fatih Birol, adding that greater use of lower-carbon electricity was needed for the world to achieve its carbon-reduction goals.
  • The European Union plans to spend $1 trillion to reach its goal of net carbon neutrality by 2050.

Path to 100% Perspective:

U.S. renewable energy adoption continues to rise, in 2019, renewable energy sources accounted for 17.5% of total utility-scale electricity generation, with renewable energy generation reaching 720 TWh. More than 70% of energy stimulus funding is currently allocated to legacy fossil fuels, compared to less than 30% to clean energy. However, reallocating $72 billion in energy stimulus funding could achieve:

  • 107 GW of new renewable energy capacity
  • 6.5 % rise in share of renewable electricity generation (from 17.5% to 24% renewable electricity).
  • 544,000 new jobs in renewable energy, 175% more jobs than if the same stimulus was used to revive the legacy energy sector.

The Climate Transition: How an Oil Company Becomes a Renewables Company

At-a-Glance:

In late April, a raft of oil majors released their first quarter results with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the same time, some of the majors increased their energy transition commitments. Spanish firm Repsol SA devoted 40% of its capital expenditure to low-carbon projects, and France’s Total SE stated plans to increase its renewable energy capacity five-fold over the next four years. To learn more, read “The Climate Transition: How an Oil Company Becomes a Renewables Company.”  Reading this article may require a subscription from the news outlet.

Key Takeaways:

  • Norway’s state-owned oil producer, Equinor ASA posted more than $2.6 billion of earnings in the first quarter of 2021, 49% of which was from renewable energy.
  • Last quarter, Equinor earned more from renewables than it did from oil and gas exploration and production.
  • Equinor is farming down to two European oil majors: BP Plc is buying into the U.S. projects, and Italy’s Eni SpA is buying into the U.K. projects – they are paying Equinor for the privilege of taking on the early stages of developing offshore wind.
  • One reason Equinor could be an early developer of U.S. offshore wind is that it has decades of experience developing and operating offshore oil and gas assets.
  • Equinor is two-thirds owned by the Kingdom of Norway, with Norway’s Government Pension Fund Global owning another 3.59% of the company via Folketrygdfondet, which expects its portfolio companies to integrate climate change considerations into policies and strategy.

Path to 100% Perspective:

Bloomberg New Energy Finance has found that more than two-thirds of Earth’s population already lives in countries where solar or wind — or both — are the least-expensive sources of new electricity generation. As wind and solar power become increasingly cost-competitive, investments in traditional, inflexible base load plants such as large coal, nuclear, and gas combined-cycle plants are declining. This signals an end to the era of large, centralized power plants that run on fossil fuels. Global financial trends reflect this dramatic shift, with renewable generation attracting more investment dollars than fossil-powered generation year after year. Worldwide investment in renewables has exceeded $230 billion for nine years in a row.

Wartsila case study: DC-coupled energy storage systems ideal for real-time trading

At-a-Glance:

With more opportunities to sell energy into new energy markets, energy developers are thinking creatively about wasted energy and harnessing greater efficiency. There are two important evolutions in energy storage technology that solar power producers are opting for when purchasing new systems: solar projects are leveraging the efficiencies of DC-coupled design in energy systems just at the emergence of market bidding as a new industry standard. As more developers pair solar systems with energy storage, the convergence of these two trends serve as an anchor design for utility-scale solar and storage projects going forward to ensure these systems are as optimized and impactful as possible. To learn more, read “Wärtsilä case study: DC-coupled energy storage systems ideal for real-time trading.”

Key Takeaways:

  • Wärtsilä recently announced a solar PV and storage project that incorporates both DC-coupled design and market bidding and illustrates the most efficient designs and revenue-generating systems out there.
  • The Wärtsilä system, a 40-MW/80-MWh energy storage system, located in Mitchell County, Georgia, will enable a subsidiary of RWE Renewables (Hickory Park Solar) to sell nearly 200 MW of generation from the solar PV panels to Georgia Power Company.
  • The RWE project is Wärtsilä’s first DC-coupled system and the largest application of the GridSolv Quantum solution which is a fully integrated modular energy storage system that is highly optimized for DC-coupled systems.
  • The RWE project is also the first application of Wärtsilä’s new cloud-based IntelliBidder software. IntelliBidder leverages machine learning and optimization algorithms based on automated and forecasted data and real-time trading for elevated value-based asset management and portfolio optimization.

Path to 100% Perspective:

This is one of the very few projects globally on this scale using DC-coupling. Delivery of this innovative equipment is scheduled for September 2021 and the plant is expected to commence commercial operations in November. The global technology company previously delivered energy storage solutions to RWE Renewables in Texas and Arizona.

Tucson Electric turns on its biggest renewable-energy plants to date

At-a-Glance:

The electricity powering most of Tucson, including the University of Arizona, got a little cleaner the week of May 3, as Tucson Electric Power Company (TEP) switched on its biggest solar and wind power plants to date. To learn more, read “Tucson Electric turns on its biggest renewable-energy plants to date.” Reading this article may require a subscription from the news outlet.

Key Takeaways:

  • The 1,130 acre project, built and owned by NextEra Energy, includes 30MW of linked battery storage to bank solar power for use when the sun goes down.
    • The Wilmot Energy Center is expected to generate enough energy to power the equivalent of 26,000 typical TEP homes.
  • TEP’s biggest renewable energy resource, the 250MW Oso Grande Wind Project in New Mexico, went online a couple of weeks later. Consisting of 62 wind turbines on 24,000 acres, Oso Grande is expected to generate enough energy each year to serve about 90,000 homes.
  • With Wilmot and Oso Grande online, TEP will have 628MW of large, community-scale wind and solar resources – with the 99MW Borderlands Wind Project, being built 100 miles south of Gallup, New Mexico, coming online by the end of 2021.
  • The new solar and wind farms will help TEP toward its goal of generating 70% of its power from renewables and cutting its carbon emissions by 80% by 2035.
  • TEP has dedicated a portion of its output to provide the UA campus with “100% clean energy” under a 20-year, green energy agreement announced in 2019.

Path to 100% Perspective:

Electric utilities such as TEP are embracing their role in reducing climate emissions by shifting to renewable energy sources, like solar and wind. As a growing number of cities, states, and nations set goals for increasing amounts of renewable energy, economics is helping bring those plans to fruition. Over the past 20 years, the cost per kilowatt of wind power plants has decreased by 40%, while the cost of solar generation has dropped by 90%. The cost-competitiveness of renewables is making it possible to accelerate decarbonization of power systems such as TEP.

Toyota Motor North America: Committed to hydrogen fuel cell electric technology

At-a-Glance:

In light of mounting global environmental issues, Toyota Motor North America is continuing to take measures to achieve net zero carbon emissions and make a positive environmental impact. The Mirai, a signature innovation for the company, is just one development at the heart of such commitment, with Toyota openly expressing its passion and commitment for hydrogen. To learn more, read “Toyota Motor North America: Committed to hydrogen fuel cell electric technology.” Reading this article may require a subscription from the news outlet.

Key Takeaways:

  • Toyota is committed to hydrogen fuel cell-electric technology because it is a clean, versatile, and scalable electrification platform that can meet a broad range of customers’ mobility needs with zero emissions.
  • Since 2015, over 6,600 Mirai have been sold or leased in California making it the most popular fuel cell vehicle on the road today.
  • A new, second-generation fuel cell system along with the additional hydrogen capacity gives the second generation Mirai a range of over 400 miles – as much, or more, range than a traditional gas-powered car.

Path to 100% Perspective:

Hydrogen has a high potential of becoming the fuel of the future, helping societies move towards decarbonization. So far, the market for hydrogen engines has been limited, but the need for them is beginning to emerge as the use of fossil fuels is gradually reduced and finally banned. Because hydrogen was not used as a power generation fuel in the past, the technologies to combust and use it in different applications need to be developed. Wärtsilä is testing concepts for both blending hydrogen into natural gas as well as pure hydrogen operation. The R&D process will continue, testing the fuel first on a small scale to define optimal dimensions and parameters for hydrogen engines.

Photo by Christina Telep on Unsplash

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