THE DAILY ROUNDUP – Monday

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Hi! Here is your daily dose of useful articles related to renewable energy and technology. Stay safe!


How Crashing Oil Production Could Damage Fuel Cell Stocks

Here’s a total understatement: The U.S. oil industry has been impacted by the coronavirus pandemic. “Impacted”? More like, “destroyed.” More than 95% of Americans are under stay-at-home or similar orders, and are neither driving nor flying. U.S. benchmark WTI crude prices fell to negative $37.63 on Monday, and the average U.S. price for a gallon…


MNRE asks Haryana to honour renewable energy contracts

BENGALURU: The Ministry of New and Renewable Energy has urged Haryana to honour signed renewable energy contracts and provide them the connectivity they need to start transmitting power. In recent months, Haryana has been reluctant to give connectivity to 1000 MW of ‘open access’ solar projects whose construction it had earlier…

Continuously from last two years renewable energy developers are being asked to invest and develop solar projects in Haryana, and then their investments and projects are imposed with newer conditions and are cancelled, making huge loss to them.

MNRE

U.S.: Kentucky Finalizes Creation of Blockchain Working Group

In the latest regulatory push for distributed ledger technology (DLT), Kentucky’s governor, Andy Beshear, has signed a legislative bill to create a blockchain working group in the state. Per sources close to the matter, Beshear approved the bill on April 24, 2020. Notably, the bill was introduced in the Senate in January this year and was…

The working group shall evaluate the feasibility and efficacy of using blockchain technology to enhance the security of and increase protection for the state’s critical infrastructure, including but not limited to the electric utility grid, natural gas pipelines, drinking water supply and delivery, wastewater, telecommunications, and emergency services.


Sustainability front of mind

Located 1.5km from the heart of Fremantle, East Village at Knutsford is set to become the port city’s most sustainable new development. The 1.5-hectare site will ultimately be home to 36 architecturally designed town homes and two apartment projects, with the hope of setting a new benchmark for developments in Western Australia…

As a result, homes at East Village are expected to use around 80 per cent less grid power than a standard town home – and any top-up power required will be sourced from a clean energy retailer, meaning town homes at East Village will be powered with 100 per cent renewable energy.

DevelopmentWA Chief Executive Frank Marra

Making clean energy a key part of the global economic recovery

The International Energy Agency and the Government of Denmark today hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the importance of making clean energy a central part of the global economic recovery from the Covid-19 crisis…

Putting clean energy at the heart of stimulus plans is an excellent strategy for revitalising economies while building a more secure and sustainable energy future.

Dr Fatih Birol, IEA Executive Director

As coronavirus shocks the energy sector and economy, is now the time for a new energy order?

The COVID-19 pandemic has affected every industry in one way or another. For oil and gas, prices have plummeted with the potential to cause disruptions well beyond the energy sector. Though this is the worst possible way to begin a decade, the coronavirus pandemic and the collapse of oil prices also offer an opportunity to consider unorthodox…

Energy is a critical enabler of prosperity and economic growth, and the stability of global energy markets is essential to sustain and nurture modern industry and society.


Google’s green software and New York’s innovation drive: The sustainability success stories of the week

Despite the economic shockwaves being felt globally as a result of the coronavirus pandemic, projects and initiatives which empower businesses to play their part in achieving a sustainable future, today, are continuing to launch and scale-up. This week also marked the 50th anniversary of the first-ever Earth Day and edie ran a special news round-up…


How long do electric car batteries last?

Electric car batteries have come a long way over the last number of years. The length of time a battery lasts is commonly referred to as its ‘range’. The range of electric cars varies by make and model, so it’s important to check the vehicles specifications. AutoTrader say that motorists “can generally expect to travel between 150 and 250 miles in a…


Japan public financier to stop approving loans for coal projects

A top Japanese public financier of foreign development projects has said it will stop accepting loan applications for coal power plants, as global pressure ramps up on the world’s third largest economy to do more to fight climate change. The Japan Bank for International Cooperation (JBIC) has been called names like “coal peddler” and “coal store”…

We take appropriate measures after carefully assessing the suitability of each project, taking into account the policies of the Japanese government and the energy policy of the partner country.

JBIC spokesman

Lithium-Ion Energy Storage Cost vs. Pumped Hydro Or Flow Battery Cost Are Dependent On Time

You may have heard the claim that lithium-ion storage will only last 4 hours. It is often cited as support for other energy storage solutions. However, as an engineer, I take any sort of technological matter of fact statement like this with a grain of salt. Will this saying always hold true? Shouldn’t innovation eventually extend this duration…


What Happens When The Sun Goes Down? Morocco Has A USD 780 Mn Solar Project That Answers

North African countries seem to always impress when it comes to renewable energy projects and investments. Egypt has one of the world’s largest renewable energy projects – USD 2 Bn solar park – and building solar plants in 7 African countries with an arsenal of USD 12 Mn. While Tunisia follows, it’s now Morocco putting itself on the world map…


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