Articles in Category: Green

India has brought the world’s largest solar power plant online.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

At the end of November, the world’s biggest solar power plant was completed in the southern part of India and its already generating power.

Spread over 2,500 acres in the Tamil Nadu province, the new solar plant replaces the Topaz Solar Farm in Riverside County, Calif., as the largest solar power farm in one location in the world. The Indian solar farm can generate 648 megawatts of green electricity, while Topaz generates 550 mw. India aims to power about 60 million homes by using solar energy by 2022. The Tamil Nadu plant, built by Adani Power, can light up about 150,000 homes. India aims to produce 40% of its electricity from renewables by 2022. Read more

Should we live like wookiees?

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

Well, maybe not EXACTLY like Han Solo’s best pal, Chewbacca, but live in tall, wooden structures?

Wookiee Cultural Center

A wookiee cultural center nestled deep in the trees of Kashyyk. Why don’t we get Pete Nelson to design treehouses for all of us? Painting by the incomparable Ralph McQuarrie. Source: Lucasfilm.

Wookiee civilization, as depicted in the “Star Wars” films, is an advanced, highly sophisticated one. The ape-like humanoids have all of the intelligence of the human characters in the movies, save the ability to vocalize and speak in a language that isn’t moans and growls. Read more

About 44% of all solar power that’s installed on residential rooftops, known as distributed solar capacity, is owned by private businesses, such as SolarCity, according to new government data.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

Distributed solar capacity in the U.S., which includes all solar power capacity other than utility-scale installations 1 megawatts or larger, increased to 12.3 gigawatts as of September, according to new figures from the Energy Information Administration. In comparison, a cumulative 11.6 gw had been installed in the U.S. by the end of 2015.

Renewables_Chart_December-2016_FNL

According to the report, third-party owners own 44% of distributed solar capacity in the U.S. residential sector, compared with 11% in the commercial and industrial sectors. The residential sector accounts for 56% of distributed solar capacity but 84% of third-party-owned solar capacity. Nearly half of U.S. solar capacity is privately owned. However, panels owned by individual homeowners and businesses are expected to eclipse TPO as the largest owner-category in the next five years.

Like the Cleveland Browns losing, the sun rising or winter bringing cold weather and shorter days, the Renewables MMI didn’t move this month and held flat at 52 as it has for four straight months. That follows four years of relative flatness, too.

We’ve previously written about the relationship between manufacturers of crystalline silicon photovoltaic panels and incentives for solar expansion and this report highlights the cozy relationship between production and ownership. If, however, individuals, can really eclipse corporate owners like SolarCity in the next few years, it could be a watershed moment for solar power in the U.S. as lower costs are expected to finally make owning cheaper and better than leasing.

Two-Month Trial: Metal Buying Outlook

Could an ownership society push more adoption of solar? It’s hard to tell, but anything that increases demand, as falling prices generally do, would be welcome at this point.

For full access to this MetalMiner membership content:
Log In |

The Obama administration slammed the brakes on the Dakota Access pipeline on Sunday, refusing to issue a required easement from the Army Corps of Engineers while saying it will conduct a more stringent environmental review to consider alternate routes and consult further with the Standing Rock Sioux tribe, which has bitterly opposed the project.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

However, the 1,172-mile pipeline may not be dead in its current form. Nearly all of the pipeline has been completed except a few miles that are planned to flow underneath the Missouri River and the manmade Lake Oahe in North Dakota. The Army has said they will ask Energy Transfer Partners, the developer of the pipeline, to consider alternative routes and said that would be best accomplished through an environmental impact statement with full public input and analysis.

The Army Corps had actually approved the easement back in June but stepped in again after a federal judge dismissed a lawsuit by the Standing Rock Sioux whose reservation is near Lake Oahe. President-elect Donald Trump came out in support of completing the pipeline as planned last week and his administration could, potentially, undo these recent actions by the Obama administration.

China, the world’s biggest clean-energy investor, lowered its solar and wind power targets for 2020, a reflection of how record installations of panels and turbines have simply overwhelmed the ability of the nation’s existing electrical grid to absorb the new electricity.

Renewables_Chart_November-2016_FNL

This is more bad news for the burgeoning renewable energy infrastructure market and it’s not like the metals that go into panels (steel, silicon and copper wire) were setting the world on fire before this news. Our Renewables MMI has been flat as a board, stuck at 52, for the last three months and only held at one point higher for the previous two months. Along with Rare Earths, Renewables have been habitually flat for much of the year.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

The problem, for China, is two-fold. It must upgrade its grid to accept available solar and wind power directly into local grids and also set up energy storage that can save generated power when for when the sun doesn’t shine or the wind doesn’t blow.

China is now aiming for 110 gigawatts of solar power by 2020, a 27% reduction from an earlier target, according to a webcast posted on the website of the National Energy Administration that cited the agency’s chief engineer, Han Shui. The nation reduced its goal for wind power by 16% to 210 gw.

While China has poured billions of dollars into clean energy in recent years, the ability to deliver the newly-generated electricity from where it’s produced to where it’s needed has lagged, a common problem with wind and solar. The mismatch has left solar and wind capacity sitting idle in some parts of the country, hurting companies such as China Longyuan Power Group Corp. and China Datang Corp. Renewable Power Co.

For full access to this MetalMiner membership content:
Log In |

The development of natural gas and hydrogren technologies is a focus of research at Voestalpine AG‘s new DRI hot-briquetted iron ore facility near Corpus Christi, Texas.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

“We are hoping to run blast furnaces with hydrogen instead of coal and coke,” said Dr. Wolfgang Eder, Voestalpine’s chairman and CEO. “Development of such technology will take a 20-30-year time frame, but I am convinced we’ll hit that target.”

yoders_voestalpine3_550_110116

This blurry “art shot” of Voestalpine’s 450-foot HBI production facility signifies that this will be a “think piece” about research, smog and environmental sustainability. Or Jeff took this from the bus. Jeff seriously took this from the bus. Source: Jeff Yoders

Natural Gas and Natural Hydrogen

This isn’t the first time we’ve heard about the potential of converting natural gas (the fuel material for Voestalpine’s iron ore reduction tower) to hydrogen to decarbonize dirty production processes. Voestalpine’s head and environmental heart certainly seem like they’re in the right place, but what might be advantageous, for the U.S. and South Texas, is the jobs that that research will bring. Read more

China would probably argue that it gets bad press when it comes to environmental issues.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

Not surprisingly. China is said to be the world’s largest emitter of greenhouse gases, having overtaken the U.S. in 2007, and was responsible for 27% of global emissions in 2014. It’s right that it gets a lot of attention.

Largely due to the consumption of about half the world’s coal, China is the world’s largest source of carbon emissions, and the air quality of many of its major cities fails miserably to meet international health standards. Life expectancy north of the Huai River is said by the Council on Foreign Relations (CFR) to be 5.5 years lower than in the south due to air pollution, while water and soil pollution are equally severe.

China Cracks Down

Yet for all that, or maybe because of it, China is taking considerable strides to address its problems. A recent article in the South China Morning Post reports on the tough stance environmental protection bodies in China are taking with large industrial groups. Read more

It may be strong political lobbying or maybe a perception that the industry is crucial for economic development, but the aerospace and shipping industries have certainly avoided the worst of environmental regulation over the last decade or so.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

The energy and heavy industry sectors have borne the brunt of what some would call over-regulation. But that’s all about to change. 191 Countries gathered in Montréal last week to adopt a global market-based system to tackle the rise of carbon emissions from international air travel an article in the Telegraph explains.

Offset Market

Under the new deal, airlines will be expected to offset their emissions growth after 2020 by buying “offset credits” in line with their carbon footprint, the terms of the agreement layout. The carbon costs are expected to incentivize the industry to develop lower carbon fuels and more efficient technologies, according to the newspaper. Read more

Our Renewables MMI was flat this month. While solar and wind still remain hot investment markets, the political discussion going on right now about the next four years greatly overestimates their abilities to provide jobs or a one-for-one replacement of the production of natural gas.

Renewables_Chart_October-2016_FNL

The metals that go into wind turbines, solar panels and other green energy producing instruments are not seeing the fruits of increased adoption. Part of that is still the individual metals markets. Steel, for instance, saw a small increase this month, but it wasn’t enough to make up for losses by silicon and the other metals in the Renewables MMI. Check our our Raw Steels MMI for more on that.

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

Democratic nominee Hillary Clinton even walked back her support of solar as a jobs program.

When asked by an audience member, “What steps will your energy policy take to meet our energy needs while at the same time remaining environmentally friendly and minimizing job loss for fossil power plant workers?” Clinton said that the U.S. is, for the first time energy independent and also “we are, however, producing a lot of natural gas, which serves as a bridge to more renewable fuels. And that’s an important transition,” she said.

This is much closer to an “all of the above approach” than what Clinton said last month, implying that production of solar panels could replace coal and oil and gas jobs.

“We’ve got to remain energy independent,” she continued. “We have enough worries over there without worrying about that,” Clinton said.

Bridges to Clean Energy

Natural gas as a bridge to future renewable sources for electrical power generation has long been touted by shale drilling tycoons such as T. Boone Pickens as a cleaner burning alternative to coal and an excellent backup source of power until wind and solar are able to provide stored energy when the sun doesn’t shine or the wind doesn’t blow.

On his website, Pickens says, “Natural gas is not a permanent solution to ending our addiction to imported oil. It is a bridge fuel to slash our oil dependence while buying us time to develop new technologies that will ultimately replace fossil transportation fuels.”

The new generation of gas-fired “flex” power plants, many of which have recently been built in California, are designed to ramp up and down quickly to accommodate shifting supply from wind and solar. Facilities like these bolster the idea that the notion of a “bridge” is misguided and that gas can act as a destination fuel as a backup for solar and wind for generations. But, that wouldn’t get us to cleaner energy, either.

Two-Month Trial: Metal Buying Outlook

The push-pull between renewables and back-up sources will continue to play out over at least the next five years. It’s a debate that only storage technologies can decide for good.

For full access to this MetalMiner membership content:
Log In |

At the presidential debate Monday night, Democratic Presidential Nominee Hillary Clinton, when asked how she would create jobs by moderator Lester Holt, said, “Here’s what we can do. We can deploy a half a billion more solar panels. We can have enough clean energy to power every home. We can build a new modern electric grid. That’s a lot of jobs; that’s a lot of new economic activity.”

MetalMiner Price Benchmarking: Current and Historical Prices for the Metals You Buy

It has often been said that the truth is the first casualty in the world of politics and the democratic party’s long-term commitment to battling the very real scourge of climate change is more dogma than policy these days wherein its adherents are committed to stopping what President Obama called “the rise of the oceans,” no matter what the cost and no matter how effective the tools it currently has really are — in this specific case, solar silicon photovoltaic panels. That’s just how so many business ventures lose sight of the bottom line and fail.

Solar Ahead of Wind?

It was actually rare to hear Clinton specify solar as a technology to “create jobs” as the usual dogma is to tout “wind and solar” with little specifics about how either of these generation technologies — which don’t require raw materials to be dug out of the ground as with the fossil fuels that currently provide most of the country’s electricity. That would mean a lot of former miners and drillers either selling or installing the estimable sum of half a billion solar panels and, once that install base is set, where do those “new jobs” go from there?

gtm_research-SolarGrowth_092816_550

The growth in solar, in the last two decades, has been heavily dependent on the solar investment tax credit. Source: GTM Research.

If Clinton is really talking about jobs in production of crystalline silicon photovoltaic panels, she may be surprised to learn that the production end of solar has been a mature industry for decades now. There’s already a booming industry with plenty of skilled workers producing panels quickly and efficiently.

Booming Solar Production

According to GTM Research, nearly 209,000 Americans already work in solar today — more than double the number in 2010 — at more than 8,000 companies in every U.S. state. By 2020, that number is expected to double to more than 420,000 workers, but that’s a total of 211,000 jobs by the end of a potential first Clinton administration. That’s not that much job growth, all things considered. Modern factories are already able to churn out large volumes of panels quickly and efficiently. Read more