Headline News:
- “Ørsted Faces $25 Million Weekly Hit From US Stop Order” • Ørsted has warned it faces up to $25 million in additional weekly costs after the US government ordered construction to stop on the 704-MW Revolution Wind project off Rhode Island. Ørsted said the order has introduced “significant uncertainty” around the project. [reNews]
Nacelle construction (Ørsted image)
- “California Refineries Close As Gasoline Demand Slips Into Permanent Decline” • Gasoline consumption in California has been declining for nearly a decade. That reshapes the economics of refining. The closures we are seeing are less about regulators pushing firms out and more about the market pulling the floor out from under them. [CleanTechnica]
- “Australia’s Growing Need For Large-Scale Batteries” • In Australia, renewable energy is surging, but curtailment wastes clean power. Large-scale batteries can store surplus solar and wind, reduce waste, stabilise the grid, cut emissions, and secure a reliable energy future. As they do these things, the batteries also reduce any need for curtailment. [Energy Matters]
- “Australia’s Rooftop Solar And Battery Installations Are Surging Despite Broader Lag In Renewables” • Australia is on track to overshoot its 2030 rooftop solar targets, with enthusiasm for panels and batteries offsetting drops in large projects and broader renewable investment. About 27 GW of rooftop solar had been installed as of end-June. [Energy Connects]
- “Elon Musk Claps Back At DOE Over Claims That Renewable Energy Is ‘Worthless’: ‘Um, Hello?” • Tesla CEO Elon Musk took the US DOE to task recently, after the latter’s easily debunked post about clean energy, Fortune reported. Musk had been a supporter of Donald Trump, but that ended, possibly due to lack of support for Musk’s work. [Yahoo News]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
* This article was originally published here
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