NewEnergyNews: QUICK NEWS, January 22: Lloyd’s Of London Declares Coal A Bad Bet; Solar’s Peak Demand Power Knocks Out Old Energy; U.S. Wind Energy Push Praised By Global Wind Leader

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While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The Economic Impacts Of New England’s Carbon Trading Market
  • QUICK NEWS, April 23: “Letter From A Teenage Girl Who Has Had Enough”; The Many Values Of Ocean Wind; Solar For All
  • THE DAY BEFORE

  • Weekend Video: Earth Day 2018
  • Weekend Video: A Daily Show Take On Earth Day
  • Weekend Video: First U.S. Ocean Wind
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Human Population And Global Weirding
  • FRIDAY WORLD HEADLINE-Global Wind Still Focused On Big Markets
  • FRIDAY WORLD HEADLINE-New Energy-Powered High Seas Shipping From Japan
  • FRIDAY WORLD HEADLINE-World’s Biggest Wave Energy For Bali
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, April 19:

  • TTTA Thursday-Study Shows A Carbon Tax Can Work
  • TTTA Thursday-Wind Power Was 6.3% Of U.S. Power In 2017
  • TTTA Thursday-Global Solar Boom To Get Bigger In 2018
  • TTTA Thursday-U.S. Cities Are Getting More Efficient
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: Utility Pilot Projects Could Soothe Contentious Regulatory Proceedings
  • ORIGINAL REPORTING: Utility Success With Corporate Renewables Moves On Existing Load
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    Founding Editor Herman K. Trabish

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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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  • TODAY AT NewEnergyNews, April 24:

  • TODAY’S STUDY: The Value Of Offshore Wind
  • QUICK NEWS, April 24: Another ‘This Is It’ Moment For Climate Change; Here’s Why Wind Is A Winner; Solar For The Heartlands

    Monday, January 22, 2018

    QUICK NEWS, January 22: Lloyd’s Of London Declares Coal A Bad Bet; Solar’s Peak Demand Power Knocks Out Old Energy; U.S. Wind Energy Push Praised By Global Wind Leader

    Lloyd’s Of London Declares Coal A Bad Bet Lloyd's of London to divest from coal over climate change; Firm follows other big UK and European insurers by excluding coal companies from 1 April

    Julia Kollewe, January 21, 2018 (UK Guardian)

    “Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies…Lloyd’s will start to exclude coal from its investment strategy from 1 April. The definition of what is a coal company and the criteria for divestment will be set over the coming months…The firm has long been vocal about the need to battle climate change, with insurance one of the worst affected industries by hurricanes, wildfires and flooding in recent years…The insurance market decided last month to implement a coal exclusion policy as part of a responsible investment strategy for the central mutual fund that sits behind every insurance policy written by the Lloyd’s market…Lloyd’s has been slower to take action than others. Other big UK and European insurance companies, including Aviva, Allianz, Axa, Legal & General, SCOR, Swiss Re and Zurich, have been shifting away from coal and other fossil fuels due to concerns about climate risks. About £15bn has been divested by insurers in the past two years… click here for more

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    Solar’s Peak Demand Power Knocks Out Old Energy Fossil Fuels Face a $1.4 Billion Solar Problem in Texas

    Chris Martin, January 17, 2018 (Bloomberg News)

    “A boom in solar power is threatening to wipe out $1.4 billion a year of summertime revenue for fossil-fuel generators in Texas…Almost 15 gigawatts of solar power may crop up in the Lone Star state in the coming years, and every gigawatt stands to shave about $2.76 a megawatt-hour from wholesale electricity prices there when demand peaks in the summer…This could end up dealing a major blow to fossil fuel-burning generators that rely on those peak prices to weather the lulls in demand through the rest of the year…The Texas market is ‘especially vulnerable’ to the impact of solar penetration because…[it offers very high prices for generation during a handful of high-priced peak demand hours each year that] align with solar production…The looming threat to natural gas- and coal-fired plants in Texas mirrors the shifts that renewable energy has brought on in other markets…” click here for more

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    U.S. Wind Energy Push Praised By Global Wind Leader U.S. Working Hard to Boost Wind Energy, Adviser Says in Denmark

    Peter Levring, January 16, 2018 (Bloomberg News)

    “…[The president’s] administration is working ‘quite aggressively’ to increase the use of renewable energy in the U.S. as part of the president’s plans to boost American energy independence, a senior adviser [visiting Denmark to study wind power] said…Denmark is home to the world’s biggest turbine maker, Vestas Wind Systems A/S, and Orsted A/S, the world’s biggest operator of offshore wind parks. The Nordic country set a record last year by obtaining 43.4 percent of its electricity from wind. Its government now wants renewables to cover 50 percent of the country’s total energy consumption by 2030 and to abandon fossil fuels completely by 2050…[The presidential adviser said the] administration was expanding the amount of federal funds available for offshore wind investments and that its choice of energy sources would be dictated by market considerations alone [despite the president’s promise] to bail out U.S. coal producers…[Current U.S. off-shore wind capacity] totals about 30 megawatts. Denmark’s totals 1.3 gigawatts…” click here for more

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