March 4 NEC Energy News
¶ “TotalEnergies Inaugurates 640-MW Offshore Wind Farm In Taiwan” • TotalEnergies and its partners have put the 640-MW Yunlin offshore wind farm in Taiwan into commission. The wind farm consists of 80 wind turbines, each with a 8-MW capacity. It will produce 2.4 TWh of renewable electricity per year, powering over 600,000 households. [reNews]
¶ “Peter Dutton’s Nuclear Plan Could Blow Out Household Electricity Bills By Up To $600 A Year By 2030” • A report has torpedoed Peter Dutton’s claim that the Coalition’s nuclear plan for Australia would be 44% cheaper than Labor renewables plan, finding instead that it would inflate average consumer electricity bills by up to 41% by 2030. [RenewEconomy]
¶ “China’s New Renewables Account For 86% Of New Power In 2024” • China’s newly installed renewable energy capacity was 86% of its total additions in 2024, the government said. The total installed capacity of renewable energy made up a record high of 56% of all of China’s capacity. Renewables installed so far reached a total of 1,889 GW. [Asian Business Review]
¶ “Sawfish Inspire Drive To Preserve Marine Life” • An aquarium announced it is expanding its work to protect the world’s marine life by entering into a partnership with a wildlife biobank. The Deep, in Hull, said the collaboration with Nature’s SAFE would help to preserve more marine and freshwater species such as the green sawfish. [BBC]
¶ “Northwest Europe Power Prices Plunge Below Zero On Strong Solar Output” • The strongest solar generation in Germany since September sent the power prices in Germany, Belgium, and the Netherlands to below zero for the early Monday afternoon, in yet another spate of negative prices that undermine investment in renewable energy capacity. [OilPrice.com]
¶ “The US Enters Its ‘Drill, Baby, Drill’ Era. Here’s What A Top Energy Leader Has To Say” • Some industry observers speculate that energy prices and other market forces may deter energy companies from increasing drilling, noting that the US has been the world’s top crude oil and liquefied natural gas producer for several years now. [The World Economic Forum]
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