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Governors' Wind Energy Coalition

June 15, 2021

Top Story

Electric grid operator asks Texans to stop blasting AC as unplanned outages and heat collide

By Eric Levenson, CNN  •    •  Posted 2021-06-15 13:59:23

The Electric Reliability Council of Texas (ERCOT), the organization that operates much of the Lone Star State’s electric grid, issued a warning Monday about its grid and asked residents to conserve as much energy as possible until Friday. The strain on the grid stems from record-high demand for electricity amid increasing summer heat and a higher than usual number of forced outages at power plants, the organization said. [ read more … ]

Wind Energy

Wind Giant to Send Divers to Fix Power Cables Under the Sea

By Will Mathis, Bloomberg  •    •  Posted 2021-06-15 13:59:59

The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem. Denmark’s Orsted A/S is working on a plan to send divers to the sea floor to place a cover over damaged cables that connect from its offshore wind turbines, potentially saving it from repairs that could cost as much as 3 billionDanish kroner ($489 million). [ read more … ]

Solar Energy

Not all sunshine and rainbows fo solar

BY MATTHEW CHOI AND KELSEY TAMBORRINO, Politico  •    •  Posted 2021-06-15 13:59:41

 The U.S. solar market installed more than 5 gigawatts of solar capacity in the first quarter of this year, representing a 46 percent jump over the first quarter of 2020 and the largest Q1 on record, according to a quarterly report this morning from the Solar Energy Industries Association. With those additions, the U.S. solar market has now surpassed 100 GW of installed capacity, doubling the size of the industry over the last 3.5 years, and SEIA expects another 160 GW of capacity will be installed between this year and 2026. [ read more … ]

Markets

Get Ready for a Flood of Sugar as Brazilians Buy Electric Cars

By Fabiana Batista , Leonardo Lara , and Isis Almeida, Bloomberg  •    •  Posted 2021-06-15 14:00:18

“It is clear that an adaption of the new technologies will pose a significant threat to the Brazilian sugar milling sector,” said Jensen, who has had a three-decade career in agribusiness. “Players in this industry should start to take it into consideration when making investments decision gradually from now on.” Demand for ethanol, which in some years account for more than 50% of all the sugar cane crushed in Brazil, could start declining in 2025 and fall about 40% through 2035, according to the study’s worse scenario. From 2035 to 2040 a further 20% would be lost, leaving demand at merely 40% of current levels. [ read more … ]

What Oil Companies Can Do to Cut the Demand for Oil

By Akshat Rathi, Bloomberg  •    •  Posted 2021-06-15 14:00:36

Increasing pressure on major oil companies has forced many to make promises to reduce the extraction of their main fossil fuel. They also warn that the result may not be a reduction in global emissions. “Imagine Shell decided to stop selling petrol and diesel today. This would certainly cut Shell’s carbon emissions,” Chief Executive Officer Ben van Beurden wrote on LinkedIn last week. “But it would not help the world one bit. Demand for fuel would not change. People will fill up their cars and delivery trucks at other service stations.” [ read more … ]

Biggest Foreign Buyers of U.S. Fuel About to Step on the Pedal

By Lucia Kassai and Jeffrey Bair, Bloomberg  •    •  Posted 2021-06-15 14:00:51

Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in economies that buy more U.S. gasoline and diesel than any other foreign nation. Even with both countries still struggling with high Covid-19 infection rates, government leaders are taking steps to reopen and that is driving more economic activity. Road use in Brazil has been climbing with restaurants and gyms in the country’s most populous state allowed to operate during extended hours from July 1. In Mexico, students in the capital returning to in-personclasses this month and soccer stadiums and movie theaters are open at half capacity. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.