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COMMUNITY CHOICE AGGREGATION AND CALIFORNIA’S CLEAN ENERGY FUTURE
N/A | June 12, 2018
The Viessmann Group is one of the leading international manufacturers of heating, cooling and climate control technology
Article | February 11, 2020
A cogeneration, or Combined Heat and Power (CHP), plant uses a heat engine or power station to produce electric and thermal energy simultaneously from a single fuel source. A primary benefit of using a cogeneration system is that it can capture thermal energy for heating that is otherwise wasted in a conventional power plant. Utility companies today face the challenge of transitioning to the utilization of renewable energy for both electricity production and district heating systems.
Both renewable power projects and conventional energy operations have felt the constriction of global supply chains, which are currently being limited in a global effort to fight and contain the spread of the virus. Many manufacturers of wind turbines and their critical components are based in Asia, such as Goldwind in China, as well as producers of photovoltaic panels and batteries (particularly lithium). Market reticence about bringing in products from affected areas has seen significant constriction in the importation of these materials and parts - the price of batteries has dropped by 60%, owing to the industry’s concentration in Asia.
Covid-19. It’s everywhere, and it’s probably the reason that your food cupboards are unusually more stocked than usual, or the fact that you’re likely reading this blog from the confines of your own home, as opposed to at your office or during your daily commute. But, despite the impact to business, economies, daily life and public health, there’s one bittersweet development which we can all take away from the outbreak – and that’s the considerable reduction of global CO2 emissions, and a resurgence of hope that it is fully possible for us to slow the onset of climate change and preserve our planet for future generations.
In the longer term it is obvious that having significant manufacturing capacity in coastal US states makes more sense than making components elsewhere and sending them on long sea journeys to their installation site. However, in the short term the sector will require a great deal of imported machinery and skills. International free trade has been instrumental in creating a positive marketplace for offshore wind, by driving down costs and accelerating growth. Unfortunately, this has had contrary effects on local prosperity, where areas do not receive the benefits of investment. Public and political support for offshore wind developments can therefore be undermined.
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