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Group signals new era for wind energy as urgency builds towards COP26 in Glasgow

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Image credit: Robert Couse-Baker, CC BY 2.0 license).

Countries around the world need to urgently scale up deployment of wind power in order to address the climate emergency, insists the Global Wind Coalition for COP26, which officially launches today (15 June) on Global Wind Day.

The world is in a ‘make or break’ decade for climate action, and it is against this backdrop that the wind sector is intensifying its call for urgent climate action leading up to COP26 in November. “Holding the most decarbonisation potential of any renewable energy source, wind power is an indispensable part of the solution to climate change while generating significant socioeconomic benefits,” says an announcement from the group.

“But the world is not installing wind power at the pace needed to achieve net zero,” it goes on to say, “and much more needs to be done to unleash its potential.” According to recently released roadmap reports on reaching Net Zero by the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA), the world needs to be installing wind power at around 3-4 times the level of 2020, which saw a record 93 GW installed.

The wind industry’s new campaign for COP26 asks governments, companies, and people across the world one critical question: Wind. Are You In?

“We need to move from talking to action, and work together to massively scale up wind power around the world if we want to get to net zero by 2050. We need to be installing wind energy three to four times the current pace, which means we need governments to urgently raise their ambition, simplify red tape, invest in grid and revamp energy markets,” said Ben Backwell, CEO at GWEC.

“The wind industry has the technology, and there is huge appetite from investors and companies to switch to clean energy, but we need governments to stop holding us back and be all in for wind”, he added.

Wind power, both onshore and offshore, has expanded significantly in the last decades and is now a cost-competitive, clean energy powerhouse poised to be at the centre of the race to net zero carbon emissions by 2050. There is now nearly 750 GW of global installed wind capacity, which helps the world already avoid 1.1 billion tonnes of carbon emissions – equivalent to the annual carbon emissions of South America.

The record-breaking deployment of global wind energy has been driven by a virtuous cycle of innovation, cost reduction, and increased scale. The result of this immense growth is that wind energy is now a mainstream energy source and has proven to be reliable and affordable while being a sustainable engine for economic growth.

“Investing in wind power is a win-win for countries to create new local jobs and investment today to power a green recovery, while building more resilient infrastructure and economies for tomorrow. Governments are missing their golden opportunity to achieve their parallel goals of climate action and boosting economies after the COVID-19 crisis if they don’t take urgent action to drive wind power growth. We need them to get serious about wind”, commented Rebecca Williams, Director of COP26 at GWEC.

“All eyes are going to be on Glasgow this November as world leaders gather for COP26, and governments need to use this critical moment to put the world on the right track to achieve net zero. We don’t have time left to go on ‘business-as-usual’ – the climate emergency is already here. Luckily, we already have the solution that can significantly reduce the world’s carbon emissions, but we need governments to join us now or risk getting left behind”, she added.

The Global Wind Energy Coalition for COP26 is an initiative led by the Global Wind Energy Council (GWEC), and is a multi-stakeholder group of leading wind power companies and associations from across the globe committed to ramping up wind power capacity to limit the dangerous impacts of climate change. Members include: Aker Offshore WInd, Akselos, BayWa r.e., DNV, EDP Renewables, Equinor, GE Renewable Energy, Glennmont Partners from Nuveen, Green Investment Group, Mainstream Renewable Power, Orsted, Principle Power, RES, RWE, Siemens Gamesa, SSE Renewables, Vestas, ABEEolica, American Clean Power, Chinese Renewable Energy Industry Association, Chinese Wind Energy Association, RenewableUK, South African Wind Energy Association, and WindEurope.

For more information on the global wind industry’s COP26 campaign, visit the campaign website here.

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Source: https://envirotecmagazine.com/2021/06/15/group-signals-new-era-for-wind-energy-as-urgency-builds-towards-cop26-in-glasgow/

Cleantech

Tesla Will Hold AI Day 2021 On August 19

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Zach is tryin’ to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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Source: https://cleantechnica.com/2021/07/29/tesla-will-hold-ai-day-2021-on-august-19/

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Cleantech

Tesla Will Hold AI Day 2021 On August 19

Published

on

Zach is tryin’ to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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Source: https://cleantechnica.com/2021/07/29/tesla-will-hold-ai-day-2021-on-august-19/

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Cleantech

Want A Tesla Megapack? Get In Line And Wait Your Turn.

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In our article about what to expect during this week’s Tesla earnings call, one of the topics we thought would come up was energy storage — Powerwalls and Megapacks — and it did. Elon Musk has said he thinks profits from the energy storage business will one day equal or exceed those from manufacturing cars and trucks.

My colleague Martin Vinkhuysen has already written about Musk’s projection that Tesla will soon be selling 1 million Powerwall residential storage batteries a year. But what slipped by during the conference call was Musk’s statement that the Megapack grid-scale battery storage system is sold out through the end of next year.

“We have a significant unmet demand in stationary storage. Megapack is basically sold out through the end of next year, I believe,” Elon Musk said in response to a question from New Street Research analyst Pierre Ferragu. That’s right. If you are a utility company or a renewable energy company that wants to add a Tesla Powerpack or two (or a hundred), get in line.

“As all transitions to sustainable energy production, solar and wind are intermittent and by their nature really need battery packs in order to provide a steady flow of electricity. And when you look at all the utilities in the world, this is a vast amount of batteries that are needed. That’s why in the long term, we really think sort of combined Tesla and suppliers need to produce at least 1,000 gigawatt-hours a year, and maybe 2,000 gigawatt-hours a year,” Musk said on Monday.

2,000 MWh? Holy anodes, Batman. Musk told those on the earnings call that Tesla expects to see a significant increase in battery cells from its existing suppliers and has contracts with them to nearly double their cell supply in 2022. It is thinking of overshooting cell supply estimates for vehicles and routing excess batteries to Megapack and Powerwall production.

Are the latest 4680 battery cells destined for energy storage purposes, asked Pierre Feragu? Is Tesla planning to share its 4680 technology with its suppliers, so they can manufacture those cells? Musk did not specifically answer that question, so draw your own conclusions.

A few weeks before the earnings call, Tesla updated the order page for the Megapack with new details and prices. It now shows the Megapack has a starting price of about $1.2 million per unit, depending on which state or US territory the installation will take place in. Potential Tesla customers can order up to 1,000 Megapacks, which would cost around $850 million. That works out to $278 per kWh installed. Related story from last October: “Tesla Megapack, Powerpack, & Powerwall Battery Storage Prices Per KWh — Exclusive.

Is Musk’s prediction that energy storage could become a major source of income for Tesla correct? It certainly seems that way, particularly if it can obtain the battery cells it needs to meet the demand. Having enough orders to keep its energy storage division busy for the next 18 months certainly seems to be a hopeful sign and one that many analysts and Tesla watchers overlook.

Tesla’s Solar Roof may or may not ever take off, but its energy storage business is certainly in high gear. As more utility companies see their competitors adding grid-scale battery storage and reaping the rewards, business is only going to get better.

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Source: https://cleantechnica.com/2021/07/28/want-a-tesla-megapack-get-in-line-and-wait-your-turn/

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Cleantech

Want A Tesla Megapack? Get In Line And Wait Your Turn.

Published

on

In our article about what to expect during this week’s Tesla earnings call, one of the topics we thought would come up was energy storage — Powerwalls and Megapacks — and it did. Elon Musk has said he thinks profits from the energy storage business will one day equal or exceed those from manufacturing cars and trucks.

My colleague Martin Vinkhuysen has already written about Musk’s projection that Tesla will soon be selling 1 million Powerwall residential storage batteries a year. But what slipped by during the conference call was Musk’s statement that the Megapack grid-scale battery storage system is sold out through the end of next year.

“We have a significant unmet demand in stationary storage. Megapack is basically sold out through the end of next year, I believe,” Elon Musk said in response to a question from New Street Research analyst Pierre Ferragu. That’s right. If you are a utility company or a renewable energy company that wants to add a Tesla Powerpack or two (or a hundred), get in line.

“As all transitions to sustainable energy production, solar and wind are intermittent and by their nature really need battery packs in order to provide a steady flow of electricity. And when you look at all the utilities in the world, this is a vast amount of batteries that are needed. That’s why in the long term, we really think sort of combined Tesla and suppliers need to produce at least 1,000 gigawatt-hours a year, and maybe 2,000 gigawatt-hours a year,” Musk said on Monday.

2,000 MWh? Holy anodes, Batman. Musk told those on the earnings call that Tesla expects to see a significant increase in battery cells from its existing suppliers and has contracts with them to nearly double their cell supply in 2022. It is thinking of overshooting cell supply estimates for vehicles and routing excess batteries to Megapack and Powerwall production.

Are the latest 4680 battery cells destined for energy storage purposes, asked Pierre Feragu? Is Tesla planning to share its 4680 technology with its suppliers, so they can manufacture those cells? Musk did not specifically answer that question, so draw your own conclusions.

A few weeks before the earnings call, Tesla updated the order page for the Megapack with new details and prices. It now shows the Megapack has a starting price of about $1.2 million per unit, depending on which state or US territory the installation will take place in. Potential Tesla customers can order up to 1,000 Megapacks, which would cost around $850 million. That works out to $278 per kWh installed. Related story from last October: “Tesla Megapack, Powerpack, & Powerwall Battery Storage Prices Per KWh — Exclusive.

Is Musk’s prediction that energy storage could become a major source of income for Tesla correct? It certainly seems that way, particularly if it can obtain the battery cells it needs to meet the demand. Having enough orders to keep its energy storage division busy for the next 18 months certainly seems to be a hopeful sign and one that many analysts and Tesla watchers overlook.

Tesla’s Solar Roof may or may not ever take off, but its energy storage business is certainly in high gear. As more utility companies see their competitors adding grid-scale battery storage and reaping the rewards, business is only going to get better.

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.


 



 


Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://cleantechnica.com/2021/07/28/want-a-tesla-megapack-get-in-line-and-wait-your-turn/

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