NewEnergyNews: QUICK NEWS, December 4: Al Gore On The Speed And Reach Of The New Energy Revolution; Google Hits 100% New Energy For 2017; The Newest Energy Storage Numbers

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    Monday, December 04, 2017

    QUICK NEWS, December 4: Al Gore On The Speed And Reach Of The New Energy Revolution; Google Hits 100% New Energy For 2017; The Newest Energy Storage Numbers

    Al Gore On The Speed And Reach Of The New Energy Revolution Why Al Gore isn't giving up the climate change fight; ‘We’re in the early stages of a global sustainability revolution that has the magnitude of the Industrial Revolution but the speed of the Digital Revolution.’

    Alesandra Portenza, December 1, 2017 (The Verge)

    “…[Al Gore says] no matter what kind of discouraging signals the current administration sends,] there are signs of hope…[New Energy costs have fallen to] a few cents per kilowatt-hour…and 37 coal mines are closing in India this year…[The New Energy transition] could move faster with good policy, [he says,] but the cost reduction curves for renewable energy and energy storage and efficiency improvements and electric vehicles are now revolutionizing business and every human endeavor. We’re in the early stages of a global sustainability revolution…[Things tend to take longer] than you think they will, but then they happen much faster than you thought they could…[and we are at the inflection point] where changes are beginning to happen faster…The momentum is increasing daily…” click here for more

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    Google Hits 100% New Energy For 2017 Google is officially 100% sun and wind powered – 3.0 gigawatts worth

    John Fitzgerald Weaver, November 30, 2017

    “Google is officially off-setting 100% of its energy usage with either wind or solar power…Google’s energy infrastructure investments have totaled over $3.5 billion globally, with about two-thirds being in the US…[Recently completed deals for 535 MW of new wind power] brings Google over 3 GW worldwide…cementing Google as the largest corporate purchaser of renewables on the planet…Citing a cost decrease of 60%-80% in wind and solar as the driving factor, Google has been investing heavily in renewables [since 2010, and, as] of November of 2016, they’d participated in 20 renewable energy projects…Google is the world’s largest corporate buyer of renewable energy…This is nearly twice as much as the next largest purchaser of renewables, Amazon, at about 1.5GW…Interestingly, just yesterday it was reported that Google shut down the lead source portion of Project Sunroof. It was suggested that Google’s logic for cancelling the program – even with an overflow of companies around the country asking for access for the leads – was that they thought selling leads for solar power was not their main skill set…The company now redirects Project Sunroof users to solar companies in Google’s main search directory…” click here for more

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    The Newest Energy Storage Numbers Lazard’s latest annual Levelized Cost of Storage Analysis (LCOS 3.0), conducted with support from Enovation Partners, shows declining cost trends among commercially deployed technologies such as lithium-ion, but with wide variations depending on the type of application and battery technology.

    November 2, 2017 (Lazard)

    “Among commercially deployed technologies, lithium-ion continues to provide the most economical solution across use cases analyzed in [Lazard’s just-released Levelized Cost of Storage, 3.0], although competing flow battery technologies claim to offer lower costs for certain applications…[U]nder some scenarios, certain applications of energy storage technologies are attractive; these uses relate primarily to strengthening the power grid and accessing cost savings and other sources of value for commercial and industrial energy users through reducing utility bills and/or participating in demand response programs…Industry participants expect costs to decrease significantly over the next five years, driven by scale and related cost savings, improved standardization and technological improvements, supported in turn by increased demand as a result of regulatory/pricing innovation, increased renewables penetration and the needs of an aging and changing power grid in the context of a modern society…[L]ithium-ion capital costs are expected to decline as much as 36% over the next five years…” click here for more

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