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Renewable Energy, Alternative energy, New energy, Solar, Geothermal, Wind
mullokintyre
post Posted: Jun 8 2018, 02:41 PM
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In Reply To: nipper's post @ Jun 8 2018, 09:33 AM

Ya an even bigger cynic than me!
Mick hypocrite.gif



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nipper
post Posted: Jun 8 2018, 09:33 AM
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In Reply To: mullokintyre's post @ Jun 8 2018, 08:06 AM

QUOTE
Hopefully, it will mean cheaper PVC's here in Oz
- so, we can look forward to 'dumping'? That's the usual course of action.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: early birds  mullokintyre  
 
mullokintyre
post Posted: Jun 8 2018, 08:06 AM
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The Motley fool has another take on the subject of Chinese cutting the legs out of the Solar Industry.

Full article


QUOTE
The solar industry has had an impressive run over the past year on strong demand for solar panels around the world. No country has been more aggressive in growing solar installations than China. Out of 99 gigawatts (GW) of solar projects built in 2017, 53 GW were built in China.

That bullish streak came to an end on Monday when China took steps to slow its solar industry. Feed-in tariffs that provide set prices for electric power sent to the grid will be cut, and distributed generation (DG) projects will be capped until further notice. Early estimates are that solar installations will fall to around 35 GW in 2018, with a lot of that already installed. The impact of the policy changes will be widespread, and no company will be spared.
How China is undercutting its own solar industry
China's solar cuts were widespread and will affect most of the downstream industry. China's National Development and Reform Commission said there would be no more planned ground-mounted solar projects in 2018 and subsidies for future ground-mounted projects would be forbidden.

The feed-in tariff for solar projects was also reduced by 0.05 yuan per kilowatt-hour, a cut of 6.7% to 9% depending on the region, which will reduce the payback of solar project development. Those changes are effective June 1, 2018, so there was no notice of the cut.

Distributed solar farms were also capped at 10 GW for 2018, a level that may have already been exceeded.

Add it up and China's solar installations are going to plunge in the second half of 2018. Analysts from Roth Capital are guessing that 35 GW of installations will be built in 2018, which seems about right given the cuts. But we know demand is going to fall given China's reduced quotas and solar subsidies.

The impact on the global solar market
Solar panels are priced almost entirely based on supply and demand, and for the past year, demand has been high. According the GTM Research, solar panel prices were $0.38 per watt in the first quarter of 2017 but jumped to $0.48 per watt in the fourth quarter of 2017. Developers in the U.S. and China were rushing to complete projects before tariffs hit the U.S. and feed-in tariffs were changed in China, so they were willing to pay up for solar panels.

Beginning this summer, we'll likely see the supply-demand trend reverse. Demand is going to fall and prices could go with it. Roth Capital estimates the solar market will be oversupplied by 34 GW of panels.

The impact will have ripple effects across the industry. Major manufacturers like Canadian Solar (NASDAQ:CSIQ), JinkoSolar (NYSE:JKS), Hanwha Q Cells (NASDAQ:HQCL), and JA Solar (NASDAQ:JASO) will see margins squeezed as volume and sales prices fall. They were all enjoying higher margins and strong demand in early 2018, so the could reverse to net losses later this year.

Solar is thrown for another loop
Solar stocks seem to get dealt a wild card like this every once in a while, but the surprise is that it's coming from China. As the largest source of demand in the world, China was the one country manufacturers could count on to fuel growing solar demand. That may not be the case now, and investors should expect economics 101 to drive solar panel prices -- and therefore manufacturer margins -- lower in the second half of the year. And no manufacturer will be spared from the pricing pressure.


Hopefully, it will mean cheaper PVC's here in Oz.

Mick



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mullokintyre
post Posted: Jun 8 2018, 07:55 AM
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Stocks of JinkoSolar, JA Solar, Daqo, ReneSola Plunge on New Regulations by China
Following the Solar Management Plan by Beijing, Roth Capital downgraded China's solar companies, sending their stocks plummeting Monday.
QUOTE
Anna Vodopyanova Jun 04, 2018 1:51 PM PT
Stocks of JinkoSolar, JA Solar, Daqo, ReneSola Plunge on New Regulations by China
Solar power companies JinkoSolar Holding Co. Ltd. (NYSE: JKS), JA Solar Holdings Co. Ltd. (Nasdaq: JASO), Daqo New Energy Corp. (NYSE: DQ), and ReneSola Inc. (NYSE: SOL) saw their stocks slide Monday after Chinese regulators unexpectedly suspended construction of new solar panel farms and cut subsidies to the industry.

In response to the Solar Management Plan that Beijing released on Friday, Roth Capital analyst Philip Shen downgraded JinkoSolar, JA Solar, and ReneSola to "sell" and Daqo to "neutral."

Shen said the consequences of the plan will result in a "massive" net oversupply of cell capacity and its impact will last through 2019. Shen cut the price target of JinkoSolar to $12 per share from $19, JA Solar's to $5.80 per share from $6.70, and Daqo's to $48 per share from $75, according TheStreet.com.

As a result, JinkoSolar lost more than 9 percent on Monday, closing at $13.77 per share; JA Solar fell 4 cents to $7.12 per ADS; Daqo tanked nearly 21 percent at $41.80 per ADS; and ReneSola dropped 8 percent to $2.33 per share.

China's state planner said on Friday that the country does not have current plans to build solar power stations this year. In 2018, China will give 10 gigawatts solar capacity allowance to distributed solar power projects, the National Development and Reform Commission said in a statement.

Beijing will also further cut clean energy cashback subsidies on new solar energy suppliers by 0.05 yuan ($0.0078) to 0.32 yuan per kilowatt hour (kWh) from May 31.

In a joint notice, China's National Development and Reform Commission, Ministry of Finance, and National Energy Administration said that "the pace of technological progress and cost reduction have accelerated significantly" and the new measures were aimed "to promote the healthy and sustainable development of the photovoltaic industry, improve the quality of development, and accelerate the subsidy retreat."


Capital Watch

So, the CPA says we are going solar, and we will provide incentives to make many solar panels and tariff subsidies to users to encourage installation.
Then when the said T,D and H's have set up the solar panel factories, the incentives are trashed.
Subsidised electricity even in China can get a Tad expensive.
A cynic might suggest that this was the Chinese plan all along.
Get the suckers to build factories in China, decimate the rest of the world, then make the value of them fall.
In the end China owns the factories and the technology.


Mick



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blacksheep
post Posted: May 24 2018, 10:34 PM
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In Reply To: blacksheep's post @ May 24 2018, 07:08 PM

The 3 RD MI (Mission Innovation) MINISTERIAL 2018 meeting is currently being held in Sweden on Clean Energy - Australia is a member. http://mission-innovation.net/participatin...ries/Australia/

The following is a report on developments in each member country.
http://mission-innovation.net/wp-content/u...k-DPS-web-1.pdf

Minister Frydenberg Mission Innovation Minister's Meeting Message - https://www.youtube.com/watch?v=hxcA_42Orjc...eature=youtu.be

Meeting is probably just another gobfest, but there' could be some info that might be useful

twitter feed - https://twitter.com/hashtag/missioninnovati...lt&src=hash



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: May 24 2018, 07:08 PM
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Interesting assessment from IEA - International Energy Agency - of a full range of energy technologies and sectors that are critical in a global clean-energy transition. It includes the most up-to-date information for where technologies are today and where they need to be according to the IEA’s Sustainable Development Scenario, a pathway to reach the Paris Agreement well below 2°C climate goal, deliver universal energy access and significantly lower air pollution.

QUOTE
Are clean energy technologies on track with a well below 2°C scenario?
Some technologies have made tremendous progress in 2017 – particularly solar PV, LEDs and EVs – but most are not on track. Energy efficiency improvements have slowed and progress on key technologies like carbon capture and storage remains stalled.

Click on a sector or technology for a detailed assessment of recent trends and progress. http://www.iea.org/tcep/


QUOTE
The International Energy Agency’s new and most comprehensive analysis of the clean-energy transition finds that only 4 out of 38 energy technologies and sectors were on track to meet long-term climate, energy access and air pollution goals in 2017.

The findings are part of the IEA’s latest Tracking Clean Energy Progress (TCEP), a newly updated website released today that assesses the latest progress made by key energy technologies, and how quickly each technology is moving towards the goals of the IEA’s Sustainable Development Scenario (SDS).

Some technologies made tremendous progress in 2017, with solar PV seeing record deployment, LEDs quickly becoming the dominant source of lighting in the residential sector, and electric vehicle sales jumping by 54%. But IEA analysis finds that most technologies are not on track to meet long-term sustainability goals. Energy efficiency improvements, for example, have slowed and progress on key technologies like carbon capture and storage remains stalled. This contributed to an increase in global energy-related CO2 emissions of 1.4% last year.

TCEP provides a comprehensive, rigorous and up-to-date analysis of the status of the clean-energy transition across a full range of technologies and sectors, their recent progress, deployment rates, investment levels, and innovation needs. It is the result of a bottom-up approach backed by the IEA’s unique understanding of markets, modeling and energy statistics across all fuels and technologies, and its extensive global technology network, totaling 6,000 researchers across nearly 40 technology collaboration programmes.

The analysis includes a series of high-level indicators that provide an overall assessment of clean energy trends and highlight the most important actions needed for the complex energy sector transformation.

For the first time, the analysis also highlights more than 100 key innovation gaps that need to be addressed to speed up the development and deployment of these clean energy technologies. It provides an extensive analysis of public and private clean energy research and development investment. It found that total public spending on low-carbon energy technology innovation rose 13% in 2017, to more than USD 20 billion.

“There is a critical need for more vigorous action by governments, industry, and other stakeholders to drive advances in energy technologies that reduce greenhouse gas emissions,” said Dr Fatih Birol, the IEA’s Executive Director. “The world doesn’t have an energy problem but an emissions problem, and this is where we should focus our efforts.”

A total of 11 of 38 technologies surveyed by the IEA were significantly not on track. In particular, unabated coal electricity generation (meaning generation without Carbon Capture, Utilisation and Storage, or CCUS), which is responsible for 72% of power sector emissions, rebounded in 2017 after falling over the last three years.

Meanwhile, two technologies, onshore wind and energy storage, were downgraded this year, as their progress slowed. This brought the number of technologies “in need of improvement” to a total of 23.

This year, the TCEP tracks progress against the Sustainable Development Scenario, introduced in the World Energy Outlook 2017, which depicts a rapid but achievable transformation of the energy sector. It outlines a path to limiting the rise of average global temperatures to “well below 2°C,” as specified in the Paris Agreement, as well as increasing energy access around the world and reducing air pollution.

In this scenario, meeting long-term sustainability goals requires an ambitious combination of more energy efficient buildings, industry and transport, and more renewables and flexibility in power.

The findings this year are compiled in an updated website, which provides easy navigation across technologies and sectors, and draws links across the IEA’s resources. The report will be updated throughout the year as new data becomes available, and will be complemented by cutting-edge analysis and commentary on notable developments on the global clean energy transition.

The findings for each technology and sector will be updated on a continuous basis with the latest information and findings from the IEA. Find out more at www.iea.org/tcep/.




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


nipper
post Posted: Dec 8 2017, 09:01 AM
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In Reply To: triage's post @ Dec 8 2017, 06:29 AM

Factoid of the day ... GE was included in the initial Dow Jones index compilation, in late 18th Century, and has been there ever since. (due mainly to ability to innovate)



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
triage
post Posted: Dec 8 2017, 06:29 AM
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The winds of change ...

GE, once the biggest company in the world and the only company that has been in the Dow Index since its inception 121 years ago, appears to be on a slide.

It has just announced that it is cutting 12,000 jobs from from its power unit, that's an 18% reduction, as renewables move into the market for its gas turbines.

https://www.bloomberg.com/news/articles/201...amps-power-unit

Yesterday I happened to read about how, at the beginning of the 20th century, the US adopted an "Open Door" policy with regard to China where it would not look to take possession of any Chinese territory but instead would require open access for its companies and missionaries. The comment was made that one of the companies pushing for this was Standard Oil, but not for it to see petroleum products for at the time its major product line was kerosene for lighting. At that time, petrol was a by-product of kerosene production and it took fairly agressive tactics for petrol to find a use in transportation. Of course Standard Oil went on to spawn ExxonMobil and Chevron Oil and made the Rockefeller family the richest family in the world. It looks like GE needs to reinvent itself or it will be consigned to the pages of history.



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"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog

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nipper
post Posted: Nov 7 2017, 05:04 AM
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High electricity prices speed renewable push: Enzen
QUOTE
The chief executive of global energy strategic advisory company Enzen Group says high energy prices in Australia mean that companies are looking to adopt new technologies in renewable energy faster than other countries, which will in turn hasten the transformation of electricity grids.

Kutty Prabakaran, who heads the privately-owned company which generates $200 million-plus in revenues annually from operations in 10 countries, said there was no single solution that would result in power costs falling in Australia. But the complexities of the energy grids as renewable energy components were stitched into them in a large country with a relatively sparse population meant there were vast opportunities to be a role model for a transition to new energy technology.

"There has been a lot of influx of renewables into the grid," he said in Adelaide on Monday. "We are a knowledge factory".

Enzen on Monday officially opened its Australian headquarters in Adelaide and said there were a diverse range of solutions being sought by energy companies and their customers..
http://www.afr.com/business/energy/electri...20171106-gzftwi



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Nov 6 2017, 11:30 AM
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Forget gas exports to save the east coast: WA can be Australia’s solar battery
Gareth Costa
Monday, 6 November 2017 11:05AM

QUOTE
If WA is to play a part in the “nation building” energy debate, and $5 billion is up for grabs, then instead of diverting exportable gas to the east coast, the Federal Government should consider using this State’s renewable-energy potential.

Natural gas is a valuable international commodity — just ask east coast energy users.

So why waste it domestically when this sun-baked country has the longitudinal spread to export two to three hours of cheap solar energy across the Nullarbor at peak times.

In the name of “objective” nation-building, Premier Mark McGowan should request that Federal Energy Minister Josh Frydenberg assess the viability of making WA a gigantic solar battery for the east coast.


QUOTE
But are the politicians willing too?
- probably not

read more - https://thewest.com.au/business/renewable-e...y-ng-b88644542z



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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