Power Surge 1.10

Power Surge 1.10

Volume 1, Issue 10
April 4, 2016 – April 10, 2016
Jason Mulderrig | Anushka Dasgupta


Energy Storage:
Solar and Wind Energy May Be Nice, But How Can We Store It?                                                                         http://www.npr.org/sections/alltechconsidered/2016/04/05/470810118/solar-and-wind-energy-may-be-nice-but-how-can-we-store-it
April 5, 2016 | Jeff Brady                                                                                                                                         Listen to this selection from NPR’s Morning Edition for an overview of three unconventional energy storage companies: SolarReserve, LightSail Energy, and Ice Energy. These companies were founded on the idea that while batteries, which employ chemical energy, are effective, they are too expensive and limited in scope to fill in all the gaps between renewable energy supply and demand. They offer alternative methods of storing up energy generated on-site. SolarReserve’s Nevada plant, for example, use concentrated solar technology to generate thermal energy which can be stored by heating molten salt. Ice Energy’s idea of shifting supply by freezing and melting ice left me a bit skeptical, but it could be useful as homeowners transition to using renewably generated power. I definitely recommend reading about LightSail’s fledgling concept of storing energy by compressing air! -AD


Oil and Gas:
Good News and Bad About America’s Leaking Methane                  http://www.forbes.com/sites/jeffmcmahon/2016/04/03/theres-good-news-and-bad-news-about-americas-leaking-methane/2/#1a324f8050c9
April 3, 2016 | Jeff McMahon                                                                                                                                                                Adam Brandt, a Stanford researcher that studies methane emissions in America, just released a new study that gave both praise and concern to those concerned about such emissions. Brandt’s study came as an encouragement because his study found that about 20% of the methane leaks in the American gas infrastructure accounts for 90% of the infrastructure’s methane emissions. So, if these 20% leaks could be plugged, then most of the methane emissions from the American gas infrastructure could be eliminated. However, due to the great complexity of the gas infrastructure and how little information about such infrastructure is released to the public from each individual well, the emissions reports in Brandt’s reports are undoubtedly an underestimate. Even though Brandt’s study confirmed that we can reduce most of the methane emissions from American gas infrastructure from plugging a relatively small number of wells, the study still asserts that the emissions problem is undoubtedly larger than current measurements indicate. -JPM


Power Distribution/The Grid:
Five Years After Fukushima, Japan Launches Massive Electric Sector Deregulation        http://www.forbes.com/sites/ucenergy/2016/04/04/after-five-years-fukushima-sparks-opportunity-as-one-of-the-largest-deregulations-begins/#384a9b54ecf4
April 4, 2016 | Koichiro Ito                                                                                                                                                                  This month, Japan is set to deregulate both its generation and retail electricity sectors. This deregulation has the strong potential to modernize Japan’s energy sector, lower electricity prices for consumers, and boost the recent sag in Japan’s economy. This deregulation was partially brought about by the tsunami disaster in March 2011. Before the tsunami, Japan’s government was unwilling to deregulate the electricity sectors due to political influence from various Japanese power companies. But, after the tsunami, consumers and government officials have grown frustrated. Electricity prices have risen due to reliance on fossil fuel imports in order to produce electricity lost from the the closure of essentially the entire entire nuclear power plant fleet in Japan post Fukushima. But with deregulation, competition is set to increase, electricity prices will drop, and technological improvements to the Japanese grid will surely be encouraged. -JPM

Government Reveals Details About Energy Grid Hacks    http://money.cnn.com/2016/04/05/technology/energy-grid-hacks/
April 5, 2016 | Jose Pagliery                                                                                                                                                                 This month, Japan is set to deregulate both its generation and retail electricity sectors. This deregulation has the strong potential to modernize Japan’s energy sector, lower electricity prices for consumers, and boost the recent sag in Japan’s economy. This deregulation was partially brought about by the tsunami disaster in March 2011. Before the tsunami, Japan’s government was unwilling to deregulate the electricity sectors due to political influence from various Japanese power companies. But, after the tsunami, consumers and government officials have grown frustrated. Electricity prices have risen due to reliance on fossil fuel imports in order to produce electricity lost from the the closure of essentially the entire entire nuclear power plant fleet in Japan post Fukushima. But with deregulation, competition is set to increase, electricity prices will drop, and technological improvements to the Japanese grid will surely be encouraged. -JPM

Power Surge 1.9

Power Surge 1.9

Volume 1, Issue 9
March 28, 2016 – April 3, 2016
Jason Mulderrig | Anushka Dasgupta


Energy Storage:
The Tesla Model 3 May Depend on This Battery Breakthrough                                                                               https://www.technologyreview.com/s/601178/the-tesla-model-3-may-depend-on-this-battery-breakthrough/
April 1, 2016 | Mike Orcutt                                                                                                                                          On Thursday night, Elon Musk held a glitzy launch event for Tesla’s most ambitious project yet, the Model 3. Although the car maintains much of the luxury feel and high mileage of the earlier Model S, Musk emphasized that this will be a mainstream electric vehicle. The sedan’s base price is set at $35,000, half that of the Model S. Where did Tesla cut costs? Experts speculate that the car’s battery may have a high silicon content in addition to the graphite normally found in a lithium-ion battery anode. Adding silicon technically increases battery capacity, but commercial versions have so far failed. If Tesla has found a way to viably incorporate silicon into its batteries, other car companies could soon follow. Some 200,000 cars have already been reserved for purchase, although some are skeptical that Tesla will be able to keep up with demand. -AD


Oil and Gas:
Saudis Moving to Reduce Dependence on Oil Money                    http://www.nytimes.com/2016/04/02/world/middleeast/saudi-aramco-mohammed-bin-salman-public-fund.html?ref=energy-environment&_r=0
April 1, 2016 | Ben Hubbard and Stanley Reed                                                                                                         Prince Mohammad bin Salman, the Saudi prince responsible for the economic policy of Saudi Arabia, announced a comprehensive plan to restructure the Saudi economy in order to reduce the kingdom’s dependence on oil. The plan consists of first selling about 5% of the state oil company – Saudi Aramco – publicly. Then, the Saudi government will divert most of Saudi Aramco’s wealth into a government fund called the Public Investment Fund. The fund currently has about $5 billion. But after the economic restructuring is complete, the fund is estimated to be at least $2 trillion. The economic restructuring is intended to stop the bleeding of $10 to $15 billion per month due to the current depression of the global oil market and to salvage jobs for the large under-25 Saudi population. -JPM

The Disruption in Oil Markets is Just Beginning                   http://www.forbes.com/sites/ucenergy/2016/03/30/the-disruption-in-oil-markets-is-just-beginning/?ss=energy#7a6b07196678
March 30, 2016 | Sam Ori                                                                                                                                           The author of this Forbes article makes a radical claim: the recent disruptions in the oil market are not peculiar anomalies, but rather just the beginning of a permanent restructuring of the oil market. The support behind the thesis is twofold. First, electric vehicle (EV) sales grew globally by 60% in 2015 compared to 2014, which includes a quadrupling of EV sales in China in that period of time. The author claim that future falling battery prices, increased funding for EV development, and high fuel taxes will push EVs to the forefront. I personally am skeptical about the emphasis given to EVs here, especially considering the very small portion of the global sales they occupy currently. The second (more convincing) supporting topic to the thesis is the steady increase of resource recovery factors of today’s US shale industry. With this increase not poised to stop in the foreseeable future, the shale industry is set to usurp the oil sands and deepwater projects as the backbone of production of the global industry. Will the big oil companies be ready? -JPM


Energy Policy:
Your State Could Lose Big Bucks by Stalling on Clean Energy                  http://www.wired.com/2016/03/state-lose-big-bucks-stalling-clean-energy/
March 28, 2016 | Nick Stockton                                                                                                       We’re currently waiting on the Supreme Court decision on whether states will be compelled to follow the Clean Power Plan –  a set of rules which aim to cut carbon pollution from power plants. Read this opinion piece to learn about how one state’s policies could influence those of its neighbors. States could follow rate-based or mass-based systems for taxing carbon production; the second has a more direct impact on consumer prices. Were a state such as Nevada to adopt a rate-based system, it could sell cheap excess energy to California for a profit. On the other hand, Nevada would have competition from states with high renewable energy production. Finally, if the Clean Power Plan goes into action, policymakers will have to move fast to find and remedy loopholes in the plan before utilities do. The author argues that in the end, money talks. -AD


Coal:
Technology to Make Clean Energy From Coal is Stumbling in Practice         http://www.nytimes.com/2016/03/30/business/energy-environment/technology-to-make-clean-energy-from-coal-is-stumbling-in-practice.html?ref=energy-environment 
March 29, 2016 | Ian Austen                                                                                                                        In the middle of Saskatchewan near the North Dakota border lies a unique electricity generation station. The Boundary Dam Power Station, owned by the company SaskPower, became the world’s first full scale carbon capture and storage coal power plant when it went online in September 2014. The plant uses a CCS process owned by Shell. The process uses machinery to remove most of the soot and ash from the plant’s exhaust. The exhaust would then become decarbonized by passing through a proprietary chemical using amines. The carbon would quickly become separated from the chemical, compressed, and either pipelined elsewhere or buried underground. However, issues with the CCS technology arose from the start, which has hampered the intended amount of carbon to sequester. These issues were secretly kept under wraps until confidential documents were released in a Canadian election season this past November. -JPM