- Southern California Edison retired its San Onofre nuclear reactors and will retire natural gas units with environmentally troublesome cooling systems, so it invited proposals for power storage and new gas-fired power plants. Storage won in a surprising number of cases. Demand response proposals also did well. [New York Times]
- The Australian Climate Change Authority has recommended that the government change the deadline for the large-scale Renewable Energy Target from 2020 to 2023, rather than risk jeopardising investment by reducing the target itself. This contrasts with the Warburton review of the RET, which called for cutting target. [The Conversation AU]
- Solar and wind power projects are much less financially risky than other power projects, since cost overruns tend to be way lower, especially when compared to nuclear or hydropower plants, which have rather insane cost overruns. Aside from these, there are many economic reasons to favor power from the sun or wind. [CleanTechnica]
- The US Department of Commerce announced its final findings in the 3-year long trade war between the US and China. Additional tariffs will be imposed on modules from China and Taiwan. Although this is good news for SolarWorld and other American solar PV manufacturers, some in the US solar industry are not celebrating. [AltEnergy Stocks]
- Atlantis Resources Limited’s Canadian subsidiary has been awarded a Developmental Feed-in Tariff for up to 4.5 megawatts of tidal generation to be deployed at the FundyOceanResearchCenter for Energy in Nova Scotia, Canada. The award of $530 per MWh provides support for up to three turbines at the facility. [Your Renewable News]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.