GREEN NEW DEAL = BLIZZARD OF LIES

[Jay McKinsey + 1,490]

2 hours ago, Ecocharger said:

A new problem, upsetting.

https://www.abc.net.au/news/2021-12-16/tesla-fatal-crash-in-paris/100704400

"Paris taxi company G7 suspended the use of the 37 Model 3 cars in its fleet after the accident on Saturday evening, which involved one of its drivers."

You are already out of date as usual. Please try and keep up. Tesla has given all the black box evidence to the police and the driver is being investigated for manslaughter.

Last year the NHTSA opened a formal review into over 200 complaints about sudden acceleration of Tesla cars, but the regulator later said it found no defects in Tesla's systems, saying the accidents were caused by "pedal misapplication".https://www.abc.net.au/news/2021-12-16/tesla-fatal-crash-in-paris/100704400

Edited December 17, 2021 by Jay McKinsey

[Ecocharger + 1,474]

13 hours ago, Jay McKinsey said:

You are already out of date as usual. Please try and keep up. Tesla has given all the black box evidence to the police and the driver is being investigated for manslaughter.

Last year the NHTSA opened a formal review into over 200 complaints about sudden acceleration of Tesla cars, but the regulator later said it found no defects in Tesla's systems, saying the accidents were caused by "pedal misapplication".https://www.abc.net.au/news/2021-12-16/tesla-fatal-crash-in-paris/100704400

Perhaps this is just another manifestation of consumer dissatisfaction over the Tesla product? This court case, should it go into court, should prove interesting.

Edited December 17, 2021 by Ecocharger

[Ecocharger + 1,474]

Coal is going to be ramped up this coming year. Coal is hot.

https://oilprice.com/Energy/Coal/IEA-Coal-Set-For-Record-Highs-In-2022-Despite-Net-Zero-Pledges.html

"IEA: The economic rebound from the pandemic is taking coal power generation to a new record high this year

According to the agency, the 2020 collapse in coal demand turned out to be smaller than anticipated

Based on current trends, global coal demand is set to rise to 8025 Mt in 2022, the highest level ever seen"

"According to the agency, the 2020 collapse in coal demand turned out to be smaller than anticipated, as China’s recovery began sooner than expected and turned out to be stronger than initially forecast. Based on current trends, global coal demand is set to rise to 8025 Mt in 2022, the highest level ever seen, and to remain there through 2024, the IEA estimates.

This year’s global recovery dashed any hopes that coal-fired power generation may have peaked, the IEA said, expecting global coal power generation to rise by 9 percent this year to 10350 terawatt-hours (TWh)—a new all-time high.

Over the next two years, global coal demand could even see new record highs as emerging markets led by China and India will lead consumption growth which is set to outpace declines in developed economies, according to the IEA.

Global coal consumption is not on the Net Zero trajectory and is unlikely to be before 2024, the agency said.

“Although global investment in renewable energy will be strong in the medium and long term, coal supplies are expected to expand until 2024,” the IEA said in its report.

“Coal is the single largest source of global carbon emissions, and this year’s historically high level of coal power generation is a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero,” said IEA Executive Director Fatih Birol.

According to Keisuke Sadamori, Director of Energy Markets and Security at the IEA, “The pledges to reach net zero emissions made by many countries, including China and India, should have very strong implications for coal – but these are not yet visible in our near-term forecast, reflecting the major gap between ambitions and action.”"

Edited December 17, 2021 by Ecocharger

[Ecocharger + 1,474]

Oil looks to have a very healthy future.

https://oilprice.com/Energy/Oil-Prices/Goldman-Sees-Oil-At-100-By-2023.html

"Goldman: Crude oil could hit $100 in 2023 as demand growth outpaces supply growth

GS: the recent drop in oil prices—fuelled by fears about the latest coronavirus variant—was an overreaction"

"According to Goldman's analysts, the recent drop in oil prices—fuelled by fears about the latest coronavirus variant—was an overreaction. Courvalin noted it was equal to the demand loss of 5 million bpd over the next three months.

Meanwhile, demand for everything oil-related, from fuels to plastics, is on a strong rebound, Courvalin also noted. Consumption is likely to break records in 2022 and 2023 as government spending on economic recovery and the energy transition continues to support demand.

Goldman has become the second bank this month to maintain its bullish stance on oil despite the recent dip. Earlier, JP Morgan brushed off Omicron fears saying 2022 will see the end of the pandemic and forecasting oil prices could hit $125 per barrel next year and $150 per barrel in 2023.

The investment bank cited OPEC's limited spare capacity that would, in turn, limit its ability to react to stronger demand by boosting production and "a more vibrant economic cycle."

"Although we see clear potential for a more vibrant economic cycle, the environment is also fraught with cross-currents. We are confident the economic expansion will continue through 2022, but its strength will likely be determined by the monetary response to inflation, the relative success of Chinese policymakers in rebalancing their economy, and the pace of the transition from a pandemic to an endemic disease," JO Morgan's analysts noted."

Edited December 17, 2021 by Ecocharger

[Ecocharger + 1,474]

Did someone say "nuclear"? The "n" word is now a problem word for Europe, and will ramp up European reliance on coal and natural gas.

https://oilprice.com/Latest-Energy-News/World-News/France-Closes-Two-Nuclear-Plants-After-Finding-Cracks-In-The-Infrastructure.html

"France's Nuclear Safety Authority (ASN) was informed about cracks detected close to the welds on the reactor's pipes.

EDF temporarily closed Civaux to "replace the affected parts on the two Civaux reactors, the work being governed by a technical instruction prepared in cooperation with the ASN, which leads to extend the shutdown of the two reactors," it said. 

EDF has also chosen to close two reactors at another nuclear plant at Chooz in the northeastern Ardennes department for inspections. Both power plants use the same reactor technology.

The temporarily closing of Civaux's reactors and Chooz's reactors will reduce one terawatt-hour of output and couldn't come at the worst time as cooler weather sent French power contracts to a record high earlier this week.

A power reduction could suggest strain on the power grid amid cooler weather and higher power prices."

Edited December 17, 2021 by Ecocharger

[Eyes Wide Open + 3,555]

1 hour ago, Ecocharger said:

Did someone say "nuclear"? The "n" word is now a problem word for Europe, and will ramp up European reliance on coal and natural gas.

https://oilprice.com/Latest-Energy-News/World-News/France-Closes-Two-Nuclear-Plants-After-Finding-Cracks-In-The-Infrastructure.html

"France's Nuclear Safety Authority (ASN) was informed about cracks detected close to the welds on the reactor's pipes.

EDF temporarily closed Civaux to "replace the affected parts on the two Civaux reactors, the work being governed by a technical instruction prepared in cooperation with the ASN, which leads to extend the shutdown of the two reactors," it said. 

EDF has also chosen to close two reactors at another nuclear plant at Chooz in the northeastern Ardennes department for inspections. Both power plants use the same reactor technology.

The temporarily closing of Civaux's reactors and Chooz's reactors will reduce one terawatt-hour of output and couldn't come at the worst time as cooler weather sent French power contracts to a record high earlier this week.

A power reduction could suggest strain on the power grid amid cooler weather and higher power prices."

U.S. Lagging Far Behind Europe On Renewables, New Report Shows

The United States has fumbled an opportunity to transition to more sustainable electricity generation by replacing coal fired generation with gas, while Europe is leading the charge away from coal towards green energy, a new report has found.

 

The United States has fumbled an opportunity .

 

Some opportunity...pass does come to mind.

https://www.forbes.com/sites/davidrvetter/2020/03/09/us-lagging-far-behind-europe-on-renewables-new-report-shows/?sh=3b0bf2bf33f4

[Jay McKinsey + 1,490]

4 hours ago, Ecocharger said:

Perhaps this is just another manifestation of consumer dissatisfaction over the Tesla product? This court case, should it go into court, should prove interesting.

You mean short sellers.

Reuters says Tesla told the French government earlier this week that there was “no indication” on their end that a technical fault was responsible. The French transportation minister, Jean-Baptiste Djebbari, echoed that statement in a radio interview on Tuesday, saying there was no evidence of a Tesla issue. 

https://www.popsci.com/technology/fatal-tesla-crash-paris/

[ronwagn + 6,290]

5 hours ago, Ecocharger said:

Perhaps this is just another manifestation of consumer dissatisfaction over the Tesla product? This court case, should it go into court, should prove interesting.

Pedals are often very close together in small cars. If one has a wide foot, and or is wearing work boots or heavy shoes, it can be a problem. It would be advisable to only wear light shoes that have "feel" to them. 

[Eyes Wide Open + 3,555]

10 minutes ago, ronwagn said:

Pedals are often very close together in small cars. If one has a wide foot, and or is wearing work boots or heavy shoes, it can be a problem. It would be advisable to only wear light shoes that have "feel" to them. 

Do you think Chinese people have big feet??? go figure.

Tesla Takes Customers to Court to Silence Its Critics in China

 

The carmaker is resorting to lawsuits to contain months of bad press.

https://www.bloomberg.com/news/articles/2021-12-15/chinese-customers-in-court-over-tesla-legal-strategy-to-silence-critics

Edited December 17, 2021 by Eyes Wide Open

[ronwagn + 6,290]

5 hours ago, Ecocharger said:

Did someone say "nuclear"? The "n" word is now a problem word for Europe, and will ramp up European reliance on coal and natural gas.

https://oilprice.com/Latest-Energy-News/World-News/France-Closes-Two-Nuclear-Plants-After-Finding-Cracks-In-The-Infrastructure.html

"France's Nuclear Safety Authority (ASN) was informed about cracks detected close to the welds on the reactor's pipes.

EDF temporarily closed Civaux to "replace the affected parts on the two Civaux reactors, the work being governed by a technical instruction prepared in cooperation with the ASN, which leads to extend the shutdown of the two reactors," it said. 

EDF has also chosen to close two reactors at another nuclear plant at Chooz in the northeastern Ardennes department for inspections. Both power plants use the same reactor technology.

The temporarily closing of Civaux's reactors and Chooz's reactors will reduce one terawatt-hour of output and couldn't come at the worst time as cooler weather sent French power contracts to a record high earlier this week.

A power reduction could suggest strain on the power grid amid cooler weather and higher power prices."

So far, it looks like wind and solar might beat nuclear for low cost. There are a lot of unknowns regarding new designs, smaller modular reactors, more credible safety, handling of radioactive waste etc. 

I am formerly and opponent of nuclear but am open to all technologies depending on the latest available provable technology that is cost effective and safe. Energy is a must for Western nations to compete with China, Russia, and anyone else, while building  stronger economies. IMHO we need an " all of the above" approach to energy needs. 

[ronwagn + 6,290]

10 minutes ago, Eyes Wide Open said:

Do you think Chinese people have big feet??? go figure.

Tesla Takes Customers to Court to Silence Its Critics in China

 

The carmaker is resorting to lawsuits to contain months of bad press.

https://www.bloomberg.com/news/articles/2021-12-15/chinese-customers-in-court-over-tesla-legal-strategy-to-silence-critics

I have a great nephew who is a sophomore in High School. He is a giant that wears size 15 boots. Fortunately he drives an old pickup truck. His Mom has a Beetle though. 

[notsonice + 1,255]

ex coal power plant site being replaced with Wind manufacturing ...subsea cable plant

Brayton Pt. manufacturing facility part of wind farm procurement

Salem’s waterfront will also become staging area for offshore wind

 BRUCE MOHL Dec 17, 2021

 

MASSACHUSETTS’ THIRD and largest offshore wind procurement brought with it some significant and unexpected onshore benefits, including a subsea transmission cable manufacturing facility at beleaguered Brayton Point in Somerset and a new staging facility in Salem.

Two projects totaling 1,600 megawatts were selected on Friday to move forward to the contract stage — a 1,200 megawatt wind farm proposed by Avangrid Renewables and a 400 megawatt wind farm proposed by Mayflower Wind. The same two companies won the state’s first and second procurements, and now are each taking pieces of the third.

Terms of the deals and the cost of the power were not announced and will emerge once final contracts are negotiated and approved in the spring. But the onshore benefits, some of which had been teased during the evaluation process, were fully revealed — and the big one, the manufacturing facility at Brayton Point — was disclosed for the first time.

An Italian company called Prysmian Group plans to build a state-of-the-art manufacturing facility for subsea transmission cables at Brayton Point, employing about 200 people. Once completed, it will be the first piece of the US offshore wind supply chain to be located in Massachusetts.

 

The deal was put together by a team under Bill White, president and CEO of Avangrid Renewables Offshore, the company building Vineyard Wind and the firm selected on Friday to build a 1,200 megwatt wind farm called Commonwealth Wind off the coast of Massachusetts.

 

White said Avangrid is using one of Prysmian’s European plants as the cable supplier on Vineyard Wind and enticed the company to open a facility in Massachusetts by promising to use it as the supplier for both Commonwealth Wind and another Avangrid project off of Connecticut called Park City Wind.

“That gives them the certainty they need and they can see the pipeline ahead,” White said, referring to a host of offshore wind farms in development up and down the East Coast.

Throughout the bid review process, Avangrid teased many of the onshore benefits its project would provide, but never mentioned the Prysmian factory. White, however, confirmed the project was an integral part of the bid and indicated it was probably the reason his company landed the lion’s share of the contracts.  “Winning 1,200 megawatts triggers the commitments,” he said.

White said Avangrid is also investing millions of dollars in training for Massachusetts residents to qualify for the jobs coming with the onshore development. Mayflower Wind also promised millions of dollars for onshore development.

Friday’s announcement is huge news in the tiny town of Somerset. Brayton Point is a huge swath of land on the Somerset waterfront that has become a battleground between the town and the redeveloper of the property, which was once home to New England’s largest coal-fired power plant.

Judging from a rendering of the Prysmian plant provided by Avangrid, the facility will take up much of the area that the redeveloper of Brayton Point is currently leasing to a controversial scrap metal recycling operation.

Commercial Development Inc., the redeveloper of Brayton Point, had hoped to repurpose the property for the offshore wind industry originally, but when the Trump administration put the industry on hold for years the company leased a portion of the property to a scrap metal business. The dust and the truck traffic associated with the scrap metal business angered neighbors of Brayton Point, who mobilized against it. The two sides have been battling in court over the scrap metal operation and the fallout from that fight has polarized the community.

Kathy Souza, one of the leaders of the neighborhood group, ended up running for and winning a seat on Somerset’s Select Board. In a telephone interview on Friday, she said the manufacturing facility, if it gets built, would mean the town would finally get what it was promised when the redevelopment process began. She said she couldn’t be happier.

 

“We’re all for manufacturing,” she said. “We’ll welcome it with open arms. We hope they’ll be great neighbors. It looks to me like the manufacturing jobs we have all been waiting for all along.”

Officials at Commercial Development declined comment.

Brayton Point is also getting a lift from Mayflower Wind, which intends to bring the power generated by its new 400-megawatt wind farm ashore at Brayton Point, where it will feed into the regional electric grid using much the same connection that the coal-fired power plant used when it was operating. Mayflower intends to build a converter station at Brayton Point to convert the power coming from the wind farm for use on the power grid.

The converter station and the transmission cable manufacturing facility are likely to provide property tax revenues in Somerset that went missing when the town’s coal-fired power plant shut down.

Mayflower Wind said its proposal is accompanied by an economic development package that includes commitments to spend more than $42 million promoting onshore development.

Salem will also see its waterfront change as the Commonwealth Wind project moves forward. Avangrid said it plans to use a 42-acre section of the Salem waterfront, which was formerly previously home to a coal-fired power plant, as a staging area for Commonwealth Wind. Avangrid had teased the Salem project as a possibility during the bidding process, but now it is moving closer to reality.

Salem Mayor Kim Driscoll issued a statement saying she was thrilled. “This site has provided the electricity that powered our community and our Commonwealth for decades.,” she said. “Today, with this announcement, that legacy will continue with a new focus on a clean energy future, based on renewable power and with a commitment to real action to mitigate climate change.”

The two projects announced on Friday and the onshore economic development accompanying them comes at a time when leaders of the Massachusetts House are preparing legislation to support offshore wind and capture more onshore economic development. House officials say a requirement that each successive offshore wind project must come in at a lower price than the preceding one has to be scrapped if onshore development is going to take off. The procurements announced on Friday, which must come in below the price cap, suggest that may not be necessary.

In a statement released by the governor’s office, officials involved in the debate on Beacon Hill all highlighted the onshore development accompanying this procurement.

“In structuring the Commonwealth’s third offshore wind procurement, the Baker-Polito Administration focused on delivering enhanced economic benefits for Massachusetts residents, affordable pricing for ratepayers, and the development of a diverse, equitable, and inclusive workforce, and the projects selected through this competitive process deliver on those critical priorities,” said Energy and Environmental Affairs Secretary Kathleen Theoharides.

Meet the Author

 

Bruce Mohl

Editor, CommonWealth

 

Bio » Latest Stories »

“This round sees a wise balance struck between economic development, on the one hand, and protection against excessively high monthly electric bills for families, on the other,” said Sen. Michael Barrett of Lexington. “Going forward, this can serve as a model for us. So today’s announcement is important in its own right and important as a valuable precedent.”

 

House Speaker Ron Mariano indicated more work needs to be done. “Today’s announcement moves Massachusetts one step closer to achieving the ambitious offshore wind energy goals that the Legislature is continuously advancing,” Mariano said. “We look forward to continuing our progress in making Massachusetts a national leader in clean energy.”

[Jay McKinsey + 1,490]

3 hours ago, Eyes Wide Open said:

Do you think Chinese people have big feet??? go figure.

Tesla Takes Customers to Court to Silence Its Critics in China

 

The carmaker is resorting to lawsuits to contain months of bad press.

https://www.bloomberg.com/news/articles/2021-12-15/chinese-customers-in-court-over-tesla-legal-strategy-to-silence-critics

Tesla has been exonerated by the Chinese gov't and their court system but these losers have kept up their claims so they are getting sued. But of course that is above your comprehension level. I'm still waiting to hear more about Volkswagen taking over the Tesla Berlin factory that you say has already happened.

[Eyes Wide Open + 3,555]

25 minutes ago, Jay McKinsey said:

Tesla has been exonerated by the Chinese gov't and their court system but these losers have kept up their claims so they are getting sued. But of course that is above your comprehension level. I'm still waiting to hear more about Volkswagen taking over the Tesla Berlin factory that you say has already happened.

The CCP has a court system?

Now on to Germany....As previously...the spin is developing...rumor has it.

Tesla has withdrawn an application for over $1 billion in subsidies for battery production at Gigafactory Berlin.

CEO Elon Musk appears to imply that Tesla withdrew because they don’t want government subsidies, but there are other theories.

After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project would also include a large battery cell factory.

It would likely become Tesla’s first in-house volume production of battery cells.

However, there are other theories as to why Tesla withdrew its application.

https://electrek.co/2021/11/26/tesla-withdraws-application-1b-subsidies-german-factory-musk-implies-dont-want-it/

[Jay McKinsey + 1,490]

11 minutes ago, Eyes Wide Open said:

The CCP has a court system?

Now on to Germany....As previously...the spin is developing...rumor has it.

Tesla has withdrawn an application for over $1 billion in subsidies for battery production at Gigafactory Berlin.

CEO Elon Musk appears to imply that Tesla withdrew because they don’t want government subsidies, but there are other theories.

After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project would also include a large battery cell factory.

It would likely become Tesla’s first in-house volume production of battery cells.

However, there are other theories as to why Tesla withdrew its application.

https://electrek.co/2021/11/26/tesla-withdraws-application-1b-subsidies-german-factory-musk-implies-dont-want-it/

Yes dopey, that is old news and it isn't rumor, they have begun production in California of the 4680 battery which makes them no longer eligible for the subsidy. It isn't rocket science and has nothing to do with your claim about VW taking over the Berlin factory. Tesla doesn't need the billion dollar subsidy.

Please tell us more about VW taking over the Tesla Berlin factory?

[Ecocharger + 1,474]

6 hours ago, Jay McKinsey said:

You mean short sellers.

Reuters says Tesla told the French government earlier this week that there was “no indication” on their end that a technical fault was responsible. The French transportation minister, Jean-Baptiste Djebbari, echoed that statement in a radio interview on Tuesday, saying there was no evidence of a Tesla issue. 

https://www.popsci.com/technology/fatal-tesla-crash-paris/

Bad headlines anyway, when a taxi company mothballs their Teslas out of fear for technical problems. Technical problems could conceivably include design issues, for example, if the structure ended up putting the accelerator and brake pedals in the same area. If that is what happened it could be a design problem.

Edited December 18, 2021 by Ecocharger

[Ecocharger + 1,474]

5 hours ago, Eyes Wide Open said:

Do you think Chinese people have big feet??? go figure.

Tesla Takes Customers to Court to Silence Its Critics in China

 

The carmaker is resorting to lawsuits to contain months of bad press.

https://www.bloomberg.com/news/articles/2021-12-15/chinese-customers-in-court-over-tesla-legal-strategy-to-silence-critics

Now why would Tesla take people to court for pointing out helpful changes or constructive criticism? Helpful suggestions for improvement should be encouraged.

[Ecocharger + 1,474]

3 hours ago, notsonice said:

ex coal power plant site being replaced with Wind manufacturing ...subsea cable plant

Brayton Pt. manufacturing facility part of wind farm procurement

Salem’s waterfront will also become staging area for offshore wind

 BRUCE MOHL Dec 17, 2021

 

MASSACHUSETTS’ THIRD and largest offshore wind procurement brought with it some significant and unexpected onshore benefits, including a subsea transmission cable manufacturing facility at beleaguered Brayton Point in Somerset and a new staging facility in Salem.

Two projects totaling 1,600 megawatts were selected on Friday to move forward to the contract stage — a 1,200 megawatt wind farm proposed by Avangrid Renewables and a 400 megawatt wind farm proposed by Mayflower Wind. The same two companies won the state’s first and second procurements, and now are each taking pieces of the third.

Terms of the deals and the cost of the power were not announced and will emerge once final contracts are negotiated and approved in the spring. But the onshore benefits, some of which had been teased during the evaluation process, were fully revealed — and the big one, the manufacturing facility at Brayton Point — was disclosed for the first time.

An Italian company called Prysmian Group plans to build a state-of-the-art manufacturing facility for subsea transmission cables at Brayton Point, employing about 200 people. Once completed, it will be the first piece of the US offshore wind supply chain to be located in Massachusetts.

 

The deal was put together by a team under Bill White, president and CEO of Avangrid Renewables Offshore, the company building Vineyard Wind and the firm selected on Friday to build a 1,200 megwatt wind farm called Commonwealth Wind off the coast of Massachusetts.

 

White said Avangrid is using one of Prysmian’s European plants as the cable supplier on Vineyard Wind and enticed the company to open a facility in Massachusetts by promising to use it as the supplier for both Commonwealth Wind and another Avangrid project off of Connecticut called Park City Wind.

“That gives them the certainty they need and they can see the pipeline ahead,” White said, referring to a host of offshore wind farms in development up and down the East Coast.

Throughout the bid review process, Avangrid teased many of the onshore benefits its project would provide, but never mentioned the Prysmian factory. White, however, confirmed the project was an integral part of the bid and indicated it was probably the reason his company landed the lion’s share of the contracts.  “Winning 1,200 megawatts triggers the commitments,” he said.

White said Avangrid is also investing millions of dollars in training for Massachusetts residents to qualify for the jobs coming with the onshore development. Mayflower Wind also promised millions of dollars for onshore development.

Friday’s announcement is huge news in the tiny town of Somerset. Brayton Point is a huge swath of land on the Somerset waterfront that has become a battleground between the town and the redeveloper of the property, which was once home to New England’s largest coal-fired power plant.

Judging from a rendering of the Prysmian plant provided by Avangrid, the facility will take up much of the area that the redeveloper of Brayton Point is currently leasing to a controversial scrap metal recycling operation.

Commercial Development Inc., the redeveloper of Brayton Point, had hoped to repurpose the property for the offshore wind industry originally, but when the Trump administration put the industry on hold for years the company leased a portion of the property to a scrap metal business. The dust and the truck traffic associated with the scrap metal business angered neighbors of Brayton Point, who mobilized against it. The two sides have been battling in court over the scrap metal operation and the fallout from that fight has polarized the community.

Kathy Souza, one of the leaders of the neighborhood group, ended up running for and winning a seat on Somerset’s Select Board. In a telephone interview on Friday, she said the manufacturing facility, if it gets built, would mean the town would finally get what it was promised when the redevelopment process began. She said she couldn’t be happier.

 

“We’re all for manufacturing,” she said. “We’ll welcome it with open arms. We hope they’ll be great neighbors. It looks to me like the manufacturing jobs we have all been waiting for all along.”

Officials at Commercial Development declined comment.

Brayton Point is also getting a lift from Mayflower Wind, which intends to bring the power generated by its new 400-megawatt wind farm ashore at Brayton Point, where it will feed into the regional electric grid using much the same connection that the coal-fired power plant used when it was operating. Mayflower intends to build a converter station at Brayton Point to convert the power coming from the wind farm for use on the power grid.

The converter station and the transmission cable manufacturing facility are likely to provide property tax revenues in Somerset that went missing when the town’s coal-fired power plant shut down.

Mayflower Wind said its proposal is accompanied by an economic development package that includes commitments to spend more than $42 million promoting onshore development.

Salem will also see its waterfront change as the Commonwealth Wind project moves forward. Avangrid said it plans to use a 42-acre section of the Salem waterfront, which was formerly previously home to a coal-fired power plant, as a staging area for Commonwealth Wind. Avangrid had teased the Salem project as a possibility during the bidding process, but now it is moving closer to reality.

Salem Mayor Kim Driscoll issued a statement saying she was thrilled. “This site has provided the electricity that powered our community and our Commonwealth for decades.,” she said. “Today, with this announcement, that legacy will continue with a new focus on a clean energy future, based on renewable power and with a commitment to real action to mitigate climate change.”

The two projects announced on Friday and the onshore economic development accompanying them comes at a time when leaders of the Massachusetts House are preparing legislation to support offshore wind and capture more onshore economic development. House officials say a requirement that each successive offshore wind project must come in at a lower price than the preceding one has to be scrapped if onshore development is going to take off. The procurements announced on Friday, which must come in below the price cap, suggest that may not be necessary.

In a statement released by the governor’s office, officials involved in the debate on Beacon Hill all highlighted the onshore development accompanying this procurement.

“In structuring the Commonwealth’s third offshore wind procurement, the Baker-Polito Administration focused on delivering enhanced economic benefits for Massachusetts residents, affordable pricing for ratepayers, and the development of a diverse, equitable, and inclusive workforce, and the projects selected through this competitive process deliver on those critical priorities,” said Energy and Environmental Affairs Secretary Kathleen Theoharides.

Meet the Author

 

Bruce Mohl

Editor, CommonWealth

 

Bio » Latest Stories »

“This round sees a wise balance struck between economic development, on the one hand, and protection against excessively high monthly electric bills for families, on the other,” said Sen. Michael Barrett of Lexington. “Going forward, this can serve as a model for us. So today’s announcement is important in its own right and important as a valuable precedent.”

 

House Speaker Ron Mariano indicated more work needs to be done. “Today’s announcement moves Massachusetts one step closer to achieving the ambitious offshore wind energy goals that the Legislature is continuously advancing,” Mariano said. “We look forward to continuing our progress in making Massachusetts a national leader in clean energy.”

In other words, the taxpayer is funding this money-losing development. So what is new? 

[Ecocharger + 1,474]

Another analysis shows a very healthy long term future for oil.

https://oilprice.com/Latest-Energy-News/World-News/Lukoil-Heres-How-Oil-Could-Hit-380-Per-Barrel-In-2050.html

"Even in the least climate-aggressive scenario, Evolution, oil prices will exceed $100 in 2050, at $128 per barrel, according to Lukoil’s projections. In the Equilibrium scenario, the price of oil in 2050 is expected at nearly $200—at $197 per barrel, with inflation accounting for most of the higher price.

Underinvestment can lead to a steady shortage of supply in the market and an increase in price volatility, Lukoil said.

“It is obvious that the forecasts made at the beginning of the pandemic emphasizing that the world had already passed the peak of oil consumption in 2019, proved to be wrong. On the contrary, we risk to face a global energy shortage due to years of underinvestment in the industry because of price shocks and ambition to stop using fossil fuels as soon as possible,” Lukoil’s president and CEO Vagit Alekperov said in the introduction to the report.

Alekperov is the latest oil industry executive warning of increased volatility and higher oil prices due to insufficient investment in new supply to offset declining output from maturing oilfields. "

Edited December 18, 2021 by Ecocharger

[Jay McKinsey + 1,490]

29 minutes ago, Ecocharger said:

Bad headlines anyway, when a taxi company mothballs their Teslas out of fear for technical problems. Technical problems could conceivably include design issues, for example, if the structure ended up putting the accelerator and brake pedals in the same area. If that is what happened it could be a design problem.

Every car has the accelerator and brake pedals in the same area. Apparently you never noticed.

[notsonice + 1,255]

1 hour ago, Ecocharger said:

In other words, the taxpayer is funding this money-losing development. So what is new? 

nothing in the article about taxpayer funding, however it did mention .....An Italian company called Prysmian Group plans to build a state-of-the-art manufacturing facility for subsea transmission cables at Brayton Point, employing about 200 people. Once completed, it will be the first piece of the US offshore wind supply chain to be located in Massachusetts.....Must suck for you to think coal power is cost competitive with wind or solar these days.

[notsonice + 1,255]

1 hour ago, Ecocharger said:

Bad headlines anyway, when a taxi company mothballs their Teslas out of fear for technical problems. Technical problems could conceivably include design issues, for example, if the structure ended up putting the accelerator and brake pedals in the same area. If that is what happened it could be a design problem.

bad headlines for slow people who do not know how to drive

[turbguy + 1,544]

17 hours ago, Eyes Wide Open said:

Do you think Chinese people have big feet??? go figure.

Loose/shifting floor mat, anyone??

[Ecocharger + 1,474]

Coal demand is solid and will increase by a whopping 9% this coming year, in spite of all the empty rhetoric of CO2 panic. Perhaps the Green Dreamers can try to explain exactly why CO2 is supposed to be a problem for humanity, rather than a necessity for continued human existence on this planet.

https://oilprice.com/Energy/Coal/Coal-Use-Is-Reaching-Record-Levels-In-India-And-China.html

"After falling over the past two calendar years amid a global push towards renewables and the volatility of the pandemic, global power generation from coal is expected to jump by nine percent in 2021 to a new peak of 10,350 terawatt-hours.

The rebound is being driven by this year’s rapid economic recovery in developed G20 nations, which has pushed up electricity demand much faster than low-carbon supplies can keep up with.

Steep hikes in natural gas prices have also increased demand for coal power by making it more cost-competitive.  

Overall coal demand worldwide, including uses beyond power generation such as cement and steel production, is also forecast to grow by six percent in 2021.

That increase will not take it above the record levels it reached in 2013 and 2014, but weather patterns and economic growth could boost coal demand to new peaks as soon as 2022 and remain at that level for the following two years."

Edited December 18, 2021 by Ecocharger

[Ecocharger + 1,474]

2 hours ago, turbguy said:

Loose/shifting floor mat, anyone??

Locating the accelerator and the brake in the same location would be asking for trouble.