Wind and solar power do not pose a significant threat to the reliability of the US power grid, US Department of Energy staff members said in a draft report, contradicting statements by US Secretary of Energy Rick Perry.
“The power system is more reliable today due to better planning, market discipline, and better operating rules and standards,” said this month’s draft of the study obtained by reporters.
The findings — which are still under review by the department’s leadership — contrast with Perry’s arguments that “baseload” sources, such as coal and nuclear power that provide constant power, are jeopardized by incentives for renewable energy enacted by the administration of former US president Barack Obama, making the grid unreliable.
“I’ve asked the staff of the Department of Energy to undertake a critical review of regulatory burdens placed by the previous administration on baseload generators,” Perry said last month. “Over the last several years, grid experts have expressed concern about the erosion of critical baseload resources.”
Two people familiar with the report, who asked not to be identified discussing internal deliberations, confirmed the early conclusions, although said they are subject to change.
It is customary for administration officials to put their own stamp on reports prepared by career staff at federal agencies.
“Those statements as written are not in the current draft,” US Department of Energy spokeswoman Shaylyn Hynes said.
She would not say they are incorrect, just the draft is “constantly evolving.”
The report, which is overdue, could be released as soon as this week.
RELIABLE SUPPLIES
In April, Perry launched the grid study with an eye to examining whether policies that favor wind and solar energy are accelerating the retirement of coal and nuclear plants critical to ensuring reliable power supplies.
With US President Donald Trump pledging to reverse regulations that have harmed coal, the study was viewed by critics as a way the administration would justify curtailing the surging expansion of wind and solar power, and provide help to coal plants.
However, the draft report concluded that “grid operators are using technologies, standards and practices to assure that they can continue operating the grid reliably.”
“Costly environmental regulations and subsidized renewable generation have exacerbated baseload power plant retirements,” it said. “However, those factors played minor roles compared to the long-standing drop in electricity demand relative to previous expectation and years of low electric prices driven by high natural gas availability.”
A separate, six-page draft outline prepared in May by department staff and also obtained by reporters said that the aging coal and nuclear fleet is under stress from competitive electricity markets, weak demand and rising maintenance costs.
The career officials at the department found that energy efficiency, battery storage and demand response were helping the reliability of the grid, changing it from the way it had operated in the past, but not endangering the provision of electricity, the May draft showed.
Aging coal and nuclear plants have higher maintenance costs and are getting lower payments because of expiring contracts, making them less profitable, the May document said.
FALLING PROFITABILITY
The profitability of coal plants built in the 1970s and 1980s declined after electricity markets were opened to competition, it said.
Backers of the renewable industry said they were heartened that Perry tapped Alison Silverstein, a Texas consultant and former Federal Energy Regulatory Commission staffer who has championed energy efficiency, to play a key role in writing the study.
Tom Pyle, who led Trump’s transition team at the department, was quick to tamp down expectations for the study, which has been watched closely by power producers and utilities.
“I think there has been way too much buildup,” he said in a telephone interview. “The study has been built up the point no matter what it says it is likely to disappoint everybody.”
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”