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☆ Idealab founder Bill Gross started selling solar energy kits in 1973 at 15 years old. Now he's leading solar tech company Heliogen
▼ + stars: | 2022-11-28 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

Idealab and Heliogen Founder Bill Gross speaks onstage during Vox Media's 2022 Code Conference on September 08, 2022 in Beverly Hills, California. "Because I was reading Popular Science magazine, I saw people used to take out little ads in the back," Gross told CNBC. One limiting factor for solar energy is its intermittency, which means it only delivers power when the sun is shining. But we're delivering the energy continuously because the energy is coming out of the rock bed," Gross told CNBC. The price of fossil fuels after Russia invaded Ukraine is a game changer," Gross told CNBC.

☆ The energy transition will fail unless industry fixes wind power issues, Siemens Energy CEO says
▼ + stars: | 2022-11-17 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

Paul Ellis | AFP | Getty ImagesThe CEO of Siemens Energy on Wednesday argued that the energy transition would fail unless his industry addressed a number of issues currently facing the wind power sector. On Wednesday, Siemens Energy said its "overall performance" had been "held back by the negative development at Siemens Gamesa Renewable Energy, " a wind turbine manufacturer in which it has a majority stake. In a statement, Siemens Energy said its adjusted earnings before interest, taxes, and amortization — and special items — had fallen to 379 million euros (around $393.8 million) compared to 661 million euros for the 2021 fiscal year. Siemens Energy posted a net loss of 647 million euros against a 560 million euro loss in the previous year but also reported a record order backlog of 97.4 billion euros. "And to be crystal clear, [the] energy transition without wind energy does not work."

☆ Britain's electric grid transformation was sparked by political cooperation
▼ + stars: | 2022-11-15 | by ( James O'Malley | ) www.businessinsider.com time to read: +7 min

Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. That didn't happen by accident: They are the result of a profound transformation of Britain's national grid. "The revenues you got as a wind generator were still tied to the market price, which is set by gas," Lord said. "The risk does not go away," Rahmat Poudineh, the director of research at the Oxford Institute for Energy Studies' electricity program, said. "Cornerstone of decarbonization"In any case, Britain's national grid today is in a much greener position than it once was, and the scale of the transformation is striking.

☆ Wind turbine maker Siemens Gamesa misses full-year target
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +1 min

MADRID, Nov 10 (Reuters) - Wind turbine maker Siemens Gamesa (SGREN.MC) said on Thursday it missed its full-year target as it saw a top line decline in the fourth quarter, which it said was mostly driven by supply chain disruptions on wind turbine manufacturing and delays in project execution. It also posted a net loss of 940 million euros ($943.48 million), citing higher-than-expected direct material cost inflation and component failures. Pandemic-related supply chain disruptions, sky-rocketing metals prices exacerbated by the war in Ukraine and cut-throat competition within the sector have made manufacturing wind turbine components a tough business in recent years, despite strong demand from governments banking on wind energy to wean themselves off fossil fuels. Siemens Gamesa said it reported net profit during the July-September period was 286 million euros, compared to a loss of 258 million euros during the same period last year. On Tuesday, main shareholder Siemens Energy (ENR1n.DE) formally launched a tender offer for the third of the shares it does not own in Siemens Gamesa.

☆ Biden says coal plants will be replaced by cheaper solar and wind power. Joe Manchin says he owes coal workers 'an immediate and public apology.'
▼ + stars: | 2022-11-07 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

The US will be replacing coal plants across the country, President Biden said last Friday. "No one is building new coal plants because they can't rely on it," he said. Nearly one-third of the country's coal plants have been shut down since 2008. While President Biden is unlikely to use his authority to directly shut down US coal plants, legislation like the IRA undoubtedly lays the groundwork for a shift away from the industry moving forward. Even before oil and gas prices surged earlier this year, solar and wind energy was already cheaper to produce.

☆ Cuba is in the middle of an escalating tug-of-war between Russia, U.S.
▼ + stars: | 2022-10-27 | by ( Associated Press | ) www.nbcnews.com time to read: +8 min

It also once again thrust the Caribbean island into the middle of an escalating tug-of-war between its seaside neighbor, the United States, and ally, Russia. The sales also potentially alleviated the weight of international sanctions on Russia for its invasion of Ukraine. Until the fall of the Soviet Union in 1991, the Soviets sold Cuba oil well below market price. A double hit to its power gridPreexisting economic turmoil and blackouts came to a head this fall when Cuba’s power grid took a double hit. Increased sales to China, India and even Cuba have helped Russia ease the economic brunt of sanctions.

☆ The US is home to only 7 offshore wind turbines. But one startup is betting on autonomous underwater vehicles to map the seafloor up to 10 times as fast as current methods.
▼ + stars: | 2022-10-24 | by ( Lily Katzman | ) www.businessinsider.com time to read: +7 min

Bedrock's seafloor-mapping technologies have the potential to spur offshore wind developments. In spring 2021, the Biden administration set a lofty goal of producing 30 gigawatts of offshore wind energy by 2030. Baldwin said Ørsted had a dedicated team of more than 100 people to interpret marine data for the company's offshore wind developments. Bedrock's goal is to make the seafloor process up to 10 times as fast as current methods, DiMare told Emerging Tech Brew. "I'm hoping that we get that seafloor map so that we can make wise decisions about where to put our resilience infrastructure, our wind farms," she said.

☆ U.S. to hold offshore wind power rights sale off California coast in December
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +2 min

Oct 18 (Reuters) - President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters. Previous federal offshore wind lease sales have all been for leases in the Atlantic Ocean. By 2035, Interior aims to have 15 gigawatts of floating offshore wind capacity. The goal is aligned with the administration's other target for permitting 30 gigawatts of offshore wind by 2030. She said the department is "moving forward at the pace and scale required to help achieve the President's goals to make offshore wind energy, including floating offshore wind energy, a reality for the United States."

☆ Mercedes CEO says Europe’s gas crisis will accelerate its shift to renewables
▼ + stars: | 2022-10-17 | by ( Michelle Toh | ) edition.cnn.com time to read: +5 min

Hong Kong CNN Business —Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its CEO. The German government had already set in motion a crisis management plan that could see rationing gas to businesses if that happened. The group has also signed on to use a wind energy facility in the Baltic Sea that will “add another 25%” of capacity, said Källenius. “We’re going to diversify, we’re going to make ourselves more resilient, and of course we’re going to go carbon-free,” he added. The company unveiled the electric vehicle Sunday at the Paris Motor Show, as part of efforts to further diversify its lineup.

☆ UK blackouts: Facing risk of power cuts this winter Britain is drilling for more oil
▼ + stars: | 2022-10-07 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Launched Friday, the licensing round won’t lead to new UK production for several years. It said it would take steps to mitigate the risk, including bringing old coal-fired power stations back online if necessary. Climate concernsThe latest licensing round won’t improve the immediate supply picture and could face a legal challenge from environmental activists. Greenpeace said that new oil and gas licenses were “potentially unlawful” and that it would be looking for ways to act. The plan, which allows drilling for oil and gas, will also ramp up nuclear power and wind energy.

☆ Vestas launches 'world's tallest onshore tower for wind turbines'
▼ + stars: | 2022-09-29 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. In a statement, the Aarhus-headquartered company described it as "currently the world's tallest onshore tower for wind turbines." The growing size of wind turbines has led to concerns about whether port infrastructure, highways and the ships used to install turbines at sea can cope. The last few years have seen a number of major offshore wind energy projects take shape.

☆ Germany and Denmark plan to invest $9 billion in an island of wind parks to replace Russian gas
▼ + stars: | 2022-08-30 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Germany and Denmark have struck a deal to boost offshore wind power capacity in the Baltic Sea. The wind parks are expected to generate three gigawatts — enough for up to 4.5 million households. The deal also includes a 292-mile subsea cable that links Bornholm's wind parks to the German grid in a bid to reduce the region's reliance on Russian gas and oil. The infrastructure to connect the wind parks will cost $3 billion, while $6 billion would be needed to bolster the wind parks, Bloomberg reported, citing the Danish government. China holds the largest share in the world's offshore wind market, having raised its offshore wind capacity to 27.7 gigawatts in 2021, per the GWEC.

Spanish firm Genaq extracts water through the air with atmospheric generators. Since 2008, the company has been investing in researching, development, and industrialization of atmospheric water generators produced in Lucena. "In the air we breathe there is a certain degree of humidity which is actually water. From there, teams can dispense the water they just produced on-site for all sorts of situations — from emergencies and dwindling water supplies to a total water shortage. "In many cases, the water we're producing is no longer an extra or alternative water supply; it's the main source of water," says Inmaculada Armenteros.

☆ Industria eoliană ar putea crea 3,3 milioane de locuri de muncă în 5 ani
▼ + stars: | 2021-05-01 | by ( ) ziuadeazi.md time to read: +2 min

Statele puternic dezvoltate promovează o politică consecventă privind reducerea poluanților. Astfel, dezvoltarea industriei eoliene ar putea crea 3,3 milioane de locuri de muncă în următorii cinci ani, potrivit unei analize realizate de Global Wind Energy Council (GWEC). Estimarea include locuri de muncă directe în parcurile eolienele onshore (pe uscat) şi offshore (în largul coastelor maritime), precum şi locuri de muncă pe întregul lanţ valoric al sectorului. Locurile de muncă vor cuprinde domenii precum instalarea, producţia, planificarea şi dezvoltarea proiectelor, operarea şi întreținerea şi dezafectarea. Aceasta ar asigura concretizarea unei prognoze a industriei de a instala o capacitate onshore şi offshore suplimentară de 470 gigawatti, între 2021 şi 2025, potrivit GWEC.

Persons: Biden Organizations: Global Wind Energy Council, Uniunea Europeană Locations: Bruxelles, SUA, investiţii

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