October 5 NEC Energy News

¶ Reposted from the NEC site: “Why Should We Pay Extra For Nuclear Power?” • As the governor of Virginia wants to switch support from renewables to nuclear power, it might be a good idea to revisit reports from last June. NextEra Energy, the biggest US investor in nuclear energy, made it clear that its cost analysis shows reasons to switch from nuclear to renewables. [CleanTechnica]

NextEra’s projected LCOE ratings (NextEra image)

¶ “‘Unproven’ Small Nuclear Reactors Would Raise Australia’s Energy Costs And Delay Renewable Uptake” • The small nuclear reactors being advocated by the Coalition would raise electricity prices, slow the uptake of renewables and introduce new risks from nuclear waste, according to a report from the Australian Conservation Foundation. [The Guardian]

¶ “Nuclear Power Won’t Help Climate Urgency, Says Renewables Chief” • Francesco La Camera, the head of the International Renewable Energy Agency, said the world needs to accelerate a shift away from fossil fuels but building new nuclear capacity was not the right way to do it. He said new nuclear power plants will take too long to build. [Nikkei Asia]

¶ “RWE pledges €15 Billion German Green Drive” • RWE has pledged to accelerate its efforts to phase out coal power generation, boosting its investment in renewables to replace the fossil fuel. RWE said it is ready to end lignite-based electricity generation in 2030 and confirmed that it will “invest massively” in renewable energy. [reNews]

Wind turbines (RWE image)

¶ “The Green Hydrogen Pipeline And Shipping Question” • To transition to a green hydrogen future, we need access to cheap renewable energy, clean water, and economical electrolyzers. These parts of the puzzle seem to be falling into place. Rethink Energy is tackling the question of how to transport this hydrogen and what it will cost. [CleanTechnica]

¶ “World’s Largest Storage-as-Transmission Project Announced by Fluence and TransnetBW” • Fluence Energy GmbH and TransnetBW GmbH, the transmission system operator in the German state of Baden-Württemberg, announced they would deploy the world’s largest battery-based energy storage-as-transmission project. [GlobeNewswire]

¶ “NY Governor Hochul: Electrovaya To Establish Lithium-Ion Battery Gigafactory In Chautauqua County” • Governor Kathy Hochul announced Electrovaya, Inc, a producer of lithium-ion batteries for transportation and utility storage, has selected the Town of Ellicott in Chautauqua County, New York, as the site for its first US plant. [CleanTechnica]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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