NewEnergyNews: QUICK NEWS, May 20: INSURANCE COMPANIES PREPARE FOR CLIMATE CHANGE; UK’S GREEN BANK BRINGS THE BIG BUCKS; UTILITY GOES FOR BETTER SUN, WIND FORECASTS

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT THURSDAY, December 1:

  • TTTA Thursday-First Daughter Ivanka May Fight For Climate
  • TTTA Thursday-Low Profile High Power Ocean Wind Energy
  • TTTA Thursday-A Visionary Solar Power Plant
  • TTTA Thursday-EVs Have A Growth Path
  • THE DAY BEFORE

  • ORIGINAL REPORTING: How The Clean Power Plan Drove The Utility Power Mix Transition
  • ORIGINAL REPORTING: How Utilities Are Answering The Distributed Energy Resources Challenge
  • ORIGINAL REPORTING: Looking At New Rates To Unlock The Utility Of The Future
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Power Potential Of Personal Wind
  • QUICK NEWS, November 29: Climate Change Forces Hard Choices In Alaska; New Energy To Utilities-“Can’t-Beat-Us-So-Join-Us”; Fact-Checking Trump Hot Air On Wind
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Getting More New Energy On The Grid
  • QUICK NEWS, November 28, 2016: Pope Talks Climate Change At Trump; Solar Comes To The Mall; The Big Possibilities Of Backyard Wind
  • AND THE DAY BEFORE THAT

  • Weekend Video: Why President Trump Can’t Stop New Energy
  • Weekend Video: 7 Things Climate Change Will Mean
  • Weekend Video: Wireless EV Charging Stations
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-A Picture Of Climate Change
  • FRIDAY WORLD HEADLINE-Japan’s Toyota Targets Longer Range EV
  • FRIDAY WORLD HEADLINE-Spain’s Bay of Biscay Wave Harvest
  • FRIDAY WORLD HEADLINE-Morocco’s Green Revolution
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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • FRIDAY WORLD, December 2:

  • Aussie Farmers Worrying About Climate Change
  • The Climate Change Solution At Hand, Part 1
  • The Climate Change Solution At Hand, Part 2
  • New Energy And Historic Buildings In Europe

    Monday, May 20, 2013

    QUICK NEWS, May 20: INSURANCE COMPANIES PREPARE FOR CLIMATE CHANGE; UK’S GREEN BANK BRINGS THE BIG BUCKS; UTILITY GOES FOR BETTER SUN, WIND FORECASTS

    INSURANCE COMPANIES PREPARE FOR CLIMATE CHANGE For Insurers, No Doubts on Climate Change

    Eduardo Porter, May 14 2013 (NY Times)

    “…[N]atural catastrophes across the United States pounded insurers last year, generating$35 billion in privately insured property losses, $11 billion more than the average over the last decade…And the industry expects the situation will get worse…Most insurers, including the reinsurance companies that bear much of the ultimate risk in the industry, have little time for the arguments heard in some right-wing circles that climate change isn’t happening…[and accept that it is caused by humans. But]…the focus of insurers’ advocacy efforts is zoning rules and disaster mitigation [instead of prevention].

    …[The concentration of heat-trapping carbon dioxide in the atmosphere [recently] reached 400 parts per million…The milestone puts the earth nearer a point of no return, many scientists think, when vast, disruptive climate change is baked into our future…[So] why hasn’t corporate America done more to sway its allies in the Republican Party to try to avert a disaster that would clearly be devastating to its own interests?”

    “…[The insurance industry may want to avoid] controversies over energy policy. But perhaps its executives simply don’t feel so vulnerable. Like farmers, who are largely protected from the ravages of climate change by government-financed crop insurance, insurers also have less to fear than it might at first appear…The federal government covers flood insurance, among the riskiest kind in this time of crazy weather. And insurers can raise premiums or even drop coverage to adjust to higher risks. Indeed, despite Sandy and drought, property and casualty insurance in the United States was more profitable in 2012 than in 2011, according to the Property Casualty Insurers Association of America.

    “But the industry…[is evolving. Insurance companies] dropped their support for [the Heartland Institute, and Heartland VP Eli Lehrer, who led an insurance-financed project, left to help]…start the R Street Institute, a standard conservative organization…[that] believes in climate change and supports a carbon tax…[I]t is financed largely with insurance industry money…[Some Republicans in the House and Senate] would be open to legislation to help avert climate change…[and Exelon is sympathetic, probably] because a carbon tax would give an edge to gas over its dirtier rival, coal…[but] with the exception of 2004 and 2005, when a string of hurricanes from Ivan to Katrina caused damage worth more than $200 billion…they haven’t yet experienced hefty, sustained losses attributable to climate change…[T]he best hope for those concerned about climate change…[is] that global warming isn’t just devastating for society, but also bad for business.”

    UK’S GREEN BANK BRINGS THE BIG BUCKS UK Green Investment Bank mobilises £2.3bn investment in UK’s low-carbon infrastructure

    09 May 2013 (Green Investment Bank)

    “The UK Green Investment Bank plc (GIB)…investment impact of its first five months of operation (up to 31st March 2013)…[1] Committed funds to 11 transactions with a total value of £2.3 billion…[2] Directly committed £635 million, resulting in a funding ratio that sees £1 from GIB mobilising almost £3 of private sector money…[3] Supported transactions in all of its priority sectors: offshore wind, energy efficiency and waste; and…[4] Completed all transactions on fully commercial terms in line with co-investors.

    “…[P]rovisional results indicate that, once operational, these investments will, on an annualised basis…[1] Save over 2.5 million tonnes of greenhouse gas emissions; the equivalent today of taking around 1 million cars off UK roads; and…[2] Generate around 10TWh of renewable electricity; the equivalent today of the annual domestic electricity consumption of around 2.3m UK homes.”

    “Projects that have been backed include…[1] A new clean energy centre at Addenbrookes Hospital, Cambridge to help the NHS Trust reduce their emissions and save money…[2] An equity stake in an offshore wind farm; and…[3] A local authority managed recycling centre in Wakefield, West Yorkshire to reduce waste sent to landfill and capture energy from waste.

    “GIB has also made progress in building an enduring institution…[1, The] Bank will move into a new permanent home [in Edinburgh] in August…[2] A team of 74 people has been recruited and…[it] rise to 100 by the end of this calendar year…[3] A strong transaction pipeline is in place…[and, 4] An investment alliance with Abu Dhabi backed clean energy firm, Masdar has been signed to bring in additional funding…over the next seven years…”

    UTILITY GOES FOR BETTER SUN, WIND FORECASTS Xcel Energy and NCAR power up renewable energy forecasts

    2013 May 8 (Xcel Energy)

    “Xcel Energy…expanded [its] agreement with the National Center for Atmospheric Research for sophisticated renewable energy forecasting…[A]n existing relationship… has saved Xcel Energy’s 3.4 million electricity customers in eight states millions of dollars [including more than $6 million in 2010]…

    “In the next two years, NCAR scientists and engineers will develop custom forecasting systems to enable Xcel Energy control centers in Minneapolis, Denver, Golden, Colo., and Amarillo, Tex., to anticipate sudden changes in wind, shut down turbines ahead of potentially damaging icing events and even predict the amount of energy generated by private solar panels [and it will eventually publish the results]…”

    “The new project represents the latest venture by NCAR into renewable energy, which includes a three-year, nationwide project to create 36-hour forecasts of incoming energy from the sun for solar energy power plants…The systems will help Xcel Energy provide reliable power…and reduce costs while…[using more] wind and solar…in its territories served by Public Service Co. of Colorado, Northern States Power Co.-Minnesota, NSP-Wisconsin and Southwestern Public Service Co…

    “…The specialized system relies on a suite of tools, including highly detailed observations of atmospheric conditions, an ensemble of powerful computer models, and artificial intelligence techniques to issue high-resolution forecasts for wind farm sites…[They] will provide ‘probabilistic forecasts,’ estimating the chances that a particular weather event will occur. This means that utility managers will be able to make decisions based on whether there is an 80 percent chance of certain weather events at a wind farm the next day or a 20 percent chance…Ultimately, Xcel Energy will control the systems…”

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