Buffett has a big appetite for solar, new French President for carbon tax, wind and solar

Worker on a solar dish

 

“If someone walks in with a solar project tomorrow and it takes a billion dollars or three billion dollars, we’re ready to do it” – In the United States, a $1-3B solar project will be 1-3GW of solar power. I’ve seen no projects announced greater than 1GW. More likely, a project of this size will be within a Buffett owned electrical district – Nevada, northwest USA, or able to get its electricity to Nevada. If Buffett is ready to buy, then the world is ready to buy.

Macron says 1. double France’s wind and solar capacity by 2022, 2. ban all shale gas exploration, 3. no new hydrocarbon exploration permits, 4. reduce nuclear power’s share of the French energy mix from 75% today to 50%, 5. pledges to “integrate the ecological cost” into the price of carbon in France by increasing the carbon tax to €100 per tonne of CO2 in 2030. Politics in France will be tilted this direction for a while.

Trump firing pollution scientists, hiring industry people – Trump’s EPA says industry people, those being regulated, ought be dictating the rules since they have to follow them. That’s like letting a six year old decide bedtime and dinner.

Ivanka Trump to review climate change as US mulls Paris pullout – per ‘an official’ – Ivanka Trump will hold a separate meeting Tuesday with Environmental Protection Agency Administrator Scott Pruitt – What a joke. The USA is turning into banana republic.

500MW of behind the meter energy storage for California – California already has a storage mandate of 1.325GW for the utilities to install and manage, now they have a mandate for another 500MW. Now we’ll see the residential and commercial market start to pop a little more.

China installs 7.21GW in Q12017 – 4.8GW was utility-scale, the rest was distributed. Key thing I noticed from the report – curtailment & abandonment figures for Ningxia and Gansu dropped by 10% and 19% respectively, the regions of Qinghai, Shaanxi, and Inner Mongolia all saw their curtailment issues increase by 9%, 11%, and 8% respectively, while Xinjiang’s curtailment figure is still astronomically high, at 39% – That’s a lot of energy not being used right now. Energy storage and transmission lines will gain economically from this.

 

Source/More: Electrek

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