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Topic: Wind

[Episode #90] – How Will Decarbonized Power Markets Work?

This one is for the grid geeks! With the Green New Deal now a hot topic in the US Congress, while wholesale power markets still struggle to figure out how to accommodate new kinds of resources even as coal plants and nuclear plants continue to retire, the question of how wholesale power markets should work, and how they should value new kinds of assets and services, is becoming increasingly urgent. What would a power market look like if it consisted mainly (or totally) of wind and solar, with their zero-marginal-cost power? And if we continue to use out-of-market payments to keep clean but uneconomic nuclear plants operating, what will be the effect on power markets? Will power markets ultimately crash under the weight of accumulated patches and workarounds, or can their design be adapted to new social priorities—like combating climate change—and new kinds of resources, like large-scale storage systems? Can we replace the market construct of locational marginal pricing with something more suited to the new reality of grid power? What kind of policies can keep us on track to support transition and facilitate the evolution of the fuel and technology mix toward a high renewables future? Will FERC Order 841 succeed in opening the doors to storage on the grid? Are real-time prices the future of rate design? And as we move toward a deeply decarbonized grid, what are the implications for our economic system?

In this episode, we delve into all those questions and more with an expert who has worked on power markets for over 30 years.

Geek rating: 9

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[Episode #86] – Is Transition Worth It?

Are investments in energy transition, especially for public dollars in the form of incentives or subsidies, worth it? Do investments in energy efficiency truly pay off, or does efficiency just make energy cheaper because we’re using less of it, encouraging customers to use more of it—a phenomenon known as the rebound effect, the backfire hypothesis, and the Jevons Paradox? Is public support for rooftop solar systems worth it, once we add up all its costs and benefits, or would it be better to support utility-scale solar projects, or something else entirely, like efficiency? Do wind and solar farms, and electric vehicles, always deliver climate benefits, or does it depend on the power mix of the grid to which they’ll be connected? And even if we determine answers to these questions, for how long are those answers valid?

These are all difficult questions, but our guest in this episode has investigated all of them, and she shares her insights at length in this wonky but accessible discussion. If you worry that the rebound effect might mean efficiency isn’t worth it, you definitely need to listen to this one.

Geek rating: 8

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[Episode #84] – Designing Climate Solutions

If you wanted to design a set of policies that would reduce greenhouse gas emissions worldwide, right now, where would you start? How would you figure out which sectors of the economy to target in order to have the maximum impact? Which policies would you choose? How would you go about designing them?

And which sectors of the economy would you target in order to reduce emissions the most? Transportation, maybe? Improving the efficiency of our buildings? Would you believe those two sectors rank at the very bottom of the list?

In this episode, we interview one of the authors of a new book by Energy Innovation titled Designing Climate Solutions, which is like a how-to manual for climate policy, identifying the major sectors of the economy that we should target to eliminate as much greenhouse gas as quickly as possible, and the specific policies that can achieve those reductions. We guarantee you will find some surprises in this one!

Geek rating: 5

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[Episode #83] – Revisiting Germany’s Energiewende

Germany gets a lot of criticism for its Energiewende (energy transition). For not phasing out coal quickly enough. For paying “too much” for solar early in the worldwide solar boom they helped create. Why are they phasing out nuclear at a time when the rest of the world is trying to maintain their existing nuclear capacity because it’s carbon-free? For having the highest electricity prices in Europe. Surely these are all signs that its energy transition has been a failure, right?

To the contrary: Germany’s energy transition is proceeding along on plan and on schedule; they plan to phase out their coal entirely in just four years; and they plan to run their entire grid on renewables. Germans’ energy bills are about on par with those of Americans, and the transition enjoys widespread popular support. Our guest in this episode directs a think tank in Berlin that aims to make the Energiewende a success, and explains why the critics are wrong.

Geek rating: 2

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[Episode #79] – Community Choice Aggregations (CCAs)

What are community choice aggregations, or CCAs, and why are they suddenly playing such a huge role in wholesale power markets? Since the first one launched in California in 2010, it was followed by Sonoma Clean Power in 2014, Lancaster Choice Energy in 2015, and both CleanPowerSF and Peninsula Clean Energy in San Mateo County in 2016. And now, in 2018, CCAs have taken a major share of power procurement in California, which is growing rapidly: There are now 16 CCAs across 18 counties in California, which currently provide about 12% of the state’s electricity, and by the middle of next year, they are expected to serve 40% of utility customers in California. They’re also spreading beyond California, to five other states, with another eight expected to launch in 2018 alone.

And while that’s great for local control of power procurement, it’s also causing concern: As customers have defected from investor owned utilities to CCAs in California, utility investment in large wind and solar plants in the states has crashed. And the state regulator is now worrying about whether future power procurement will be adequate, and whether CCAs will have sufficient oversight. But there is more to the story, and our guest in this episode is well equipped to address the many questions swirling around the role of CCAs in power markets, having been one of the people responsible for launching them!

Geek rating: 9

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[Episode #78] – 3-Year Anniversary on the Jonathan Koomey Omnibus

Veteran energy researcher Jonathan Koomey rejoins us for another anniversary show! In this episode we talk about California’s new plan to obtain 100% carbon-free power; the potential for “peak gas” as utility-scale solar-plus-storage and wind plants beat gas on price in the US; the outlook for nuclear power in the West; how to know when the numbers you’re seeing aren’t right, and how to understand data; and the degree to which energy transition can help us stay below 2 degrees C of warming. We also discuss some of the confusing issues with energy data and how that influences our forecasts for primary energy consumption, and we’ll talk about the future need for climate modeling. It’s a wide-ranging, fast-paced romp through all sorts of geeky energy topics that definitely deserves its Geek Rating!

Geek rating: 10

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[Episode #76] – Carbon Clampdown

The European Emissions Trading System (EU-ETS) has famously been dysfunctional for most of the past decade, unable to support a carbon price that would be an effective tool for energy transition. But that’s about to change: the EU is embarking on a plan to fix its carbon trading market. But will this be enough? According to calculations by our guest in this episode, there is reason to hope that the emissions trading surplus will be removed by 2023 and carbon prices will rise back to a meaningful level, but that may still not be high enough to meet the goals of the Paris climate agreement. So what can be done about it? Will the prospect of Brexit ruin the EU-ETS market? Can carbon prices rise high enough to sustain carbon capture and sequestration technologies? Will we even need carbon prices in the future, given the falling costs of wind and solar? Are asset managers finally getting smart about understanding the risk of stranded fossil fuel assets in their portfolios? And are risk assessors finally beginning to grapple with climate risk?

Mark Lewis, now Head of Research and Managing Director at Carbon Tracker, returns in this episode to dig into details of European carbon market reform and explain what it all means…as well as outlining a fresh way of looking at services delivered by different energy sources, and the implications of this perspective for the oil sector in particular.

Geek rating: 8

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[Episode #59] – Lifecycle Assessment

When we need to compare the environmental consequences of energy technologies — between an internal combustion vehicle or an EV, or between a compact natural gas generator and a big wind farm — what’s the best way to understand the full picture? Should we just look at pollutant emissions? Or should we take a broad view, and consider the total lifecycle, including mining, manufacturing, transport and waste? The latter is what lifecycle assessment (LCA) is all about, and although it can be used to compare very complex sets of things in a helpful way, it can also be abused to suit an agenda.

To really be sure we’re comparing apples with apples, we need to understand the right ways and the wrong ways to do LCA. And then we need to think carefully about the implications of our research, and how to communicate them to a lay audience in such a way that they can inform policy without being misunderstood or misrepresented. It’s a tricky art, but our guest in this episode is an LCA veteran from NREL who can show us the way.

Geek rating: 6

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[Episode #57] – Climate Science Part 7 – Carbon Budget

In this seventh episode of our mini-series on climate change, we explore what carbon budgets really mean, and what they indicate about the pathways that might allow us to keep global warming below two degrees C.

Amid all the unavoidable uncertainty in modeling warming and the effects of our actions, what do we really know about how much warming we might see in the future? If it turned out that our carbon budget is larger than we used to think it was, would that change our policy direction? And which policy paths should we advocate?

Our guest in this episode, Dr. Glen Peters, is a veteran researcher on climate change whose current research focuses on the causes of recent changes in carbon dioxide emission trends at the global and country level, and how these changes link to future emission pathways consistent with global climate objectives. And after listening to this nearly two-hour conversation, as well as our previous six episodes on climate science, you will have a much better idea of how much warming we may yet expect!

Geek rating: 8

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[Episode #47] – Transition in Europe

Europe has been the global leader in energy transition for decades, offering to the rest of the world many useful examples of both policies that work and those that don’t. As a result, European countries now have some of the world’s most energy efficient economies, and the largest shares of renewable energy. But getting there wasn’t easy, and still isn’t. From the very first efforts to develop policies that would support energy transition decades ago, right up to the present, there have been incumbents in the energy industry establishment who fought transition every step of the way, both overtly and through subversion. To help us understand this long and complex history, our guest in this episode is Claude Turmes, a Member of the Greens for Luxembourg in the European Parliament who has had a front-row seat in Europe’s energy transition policy formulation for over 15 years, and the author of a new book about it titled Energy Transformation: An Opportunity for Europe.

Geek rating: 2

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