Cameron

Top stories

1) UK politics: What does the election result mean for climate and energy.

Lots on this – as you’d expect. We’ve got our own roundup here of what a conservative majority government is likely to do (though details still emerging).

Elsewhere, Nick Butler in the FT highlights the key challenges facing the new government which – he argues – will have far more influence than any manifesto pledge. They include further delays to UK nuclear deployment, falls in North Sea oil production and debate over commitments to cut carbon. He predicts energy will become one of the most divisive debates over the next five years.

Right on cue The Telegraph’s Andrew Critchlow says the Conservative victory is cause to celebrate and will finally allow a reform of the Department for Energy and Climate change (DECC) and the construction of new conventional and nuclear power plants – whilst abandoning renewables.

All of which leads to discussion over who’ll get the top jobs – seen here in Business Green. It looks like Amber Rudd, who wants a tough deal in Paris, and Matt Hancock, who accepted funding from the GWPF, are the frontrunners.

Business Green also looks at the key ‘green results’ from election night (think Ed Davey) and, along the above lines, asks if the Tories will offer “climate competence or chaos” concluding on the hope that the PM is a closet greenie really. And finally campaigners tell The Independent the new government isn’t very good news for their campaigns.

2) China energy: Coal mines shut sees Apple China go green as oil imports rise

State news agencies in China reported on Friday on plans to shut 1,254 coal mines in a move aimed at scaling “back China’s coal industry to curb its blind expansion and encourage use of renewable energy”.

The move comes as western firms try to get on board with the new policy environment including Apple who are embracing responsibly managed Chinese forests and solar at its manufacturing facilities.

That said, China’s not off the fossil fuel wagon, in fact it just became the world’s largest oil importer - meaning when you want to predict the oil price you need to look to Beijing, not DC.

3) Nuclear: US nuclear plant explosion, other plants near completion

The Guardian reports that a transformer failed at the Indian Point nuclear power plant in suburban New York, causing a fire that forced an automatic shutdown of a reactor. The fire was quickly extinguished and the reactor was deemed safe and stable, said a spokesman for owner Entergy Corp.

The accident comes as a long-delayed new nuclear plant in Tennessee nears completion according to AP and Japan’s energy ministry has concluded that new nuclear power is the cheapest energy source the country could develop – beating large-scale solar which, itself, is cheaper in some circumstances than gas.

4) Clean tech: Low cost battery could transform Africa – but UK grid can’t take solar

The Guardian reports that Tesla’s new lower-cost battery could transform energy in Africa where grids are not yet developed.

Ars Technica have a longread on Tesla Energy, exploring the potential for their batteries to change traditional grids to make micro-grids and smart-grids possible.

However over in the UK the Guardian warns that the highly developed grid is actually a limitation on the deployment of distributed solar power. This dichotomy is not unique to Africa and the UK.

Deutsche Bank have said Tesla Energy – though not making profit yet –  is likely to be more significant than investors currently perceive, Computer World reports, while a Forbes contributor argues the case for investing in the firm.

In other news

SunEdison has expanded its global renewables portfolio by over 750MW.

Renewable energy could meet more than 60% of China’s primary energy demand and 85% of its electricity consumption by 2050, a new study finds.

US urges Greece to reject Russian energy project, NYT reports, while Gazprom signs second export deal with China - Interfax writes

Coal could be the comeback kid in US environment fight?

Foss Maritime fights to host Shell’s drilling rigs in Seattle, writes the Seattle Times