Australia, the Land Down Under, is a very interesting and exciting place for renewable energy. The high levels of irradiance it receives makes it a great place for solar power to flourish. Australia has also seen its fair share of natural disasters caused at least in part by a warming planet. A transition to clean energy can help fight against climate change and it makes sense financially. As Australia continues on its journey to a clean energy economy, the rest of the world can observe what works and what causes challenges.
Image: Weather Service International
This picture shows the temperature (in Fahrenheit) departure from normal during this recent cold snap.
Late Sunday night, extraordinarily cold temperatures made their way into Texas. As the temperature dropped, the people of Texas switched on the heat, with much of it being electric, in an effort to stay warm. Unfortunately, people weren't the only ones to feel the cold grip of mother nature. Extremely low temperatures, ice, and snow caused power plants to go offline. As the demand for power rapidly shot up, supply drastically fell.
The Drax Power Station near Selby, North Yorkshire, is the single largest CO2 emitter in the U.K. Its owner plans to replace the coal-fired units with gas power and a 200 MW battery.
Image: qimono, pixabay
The U.S. appears all set for a record year for solar.
What do all of these corporations have in common? A commitment to renewable energy! As the transition to renewable energy pushes along, some corporations are leading the way.
Murray Energy, the largest privately held coal company in the United States recently filed for Chapter 11 bankruptcy. This continues to be a trend for coal companies over the last couple of years. As renewables like solar and wind become more cost effective, they are beginning to move coal fired power plants out of the picture. Unfortunately, the effects of this bankruptcy will harm only the most vulnerable. It will lead to workers and coal miners getting the short end of the stick, and top executives at Murray Energy getting off scot-free. “It (Murray Energy) will seek to be relieved of its obligations to retirees, their dependents and widows. We have seen this sad act too many times before.” (Source)
What Is Peak Demand?
Peak Demand is when electrical power demand is the highest. A likely time for Peak Demand to come is during a heatwave, when households and businesses across the nation turn on their air conditioning to stay cool. When peak demand occurs, utilities fire up peaker plants, which are able to meet the increased demand for electricity.