California utility to pay $55 million for massive wildfires April 11, 2022 Pacific Gas & Electric, the nation’s largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years of…
Surging electric bills threaten Calif. climate goals
Surging electric bills threaten Calif. climate goals 04/05/2022 Millions of Californians pay among the highest prices in the nation for electricity, a potential threat to the state’s plans to electrify cars and homes as it battles climate change. Surging electricity prices of the three biggest utilities in the Golden State…
UN report on climate crisis confirms the world already has solutions – but politics are getting in the way
UN report on climate crisis confirms the world already has solutions – but politics are getting in the way April 4, 2022 The world is careening toward levels of global warming that will have irreversible impacts, a new landmark report says, but we already have the solutions — the only…
Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases
Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases Energize Weekly, April 6, 2022 Environmental groups are taking aim at the power-hungry Bitcoin cryptocurrency seeking to get it to change the way it operates and thereby cut its greenhouse gas emissions. The “Change the Code, Not the…
California issued wildfire safety certifications to utilities despite ‘serious deficiencies’: audit
California issued wildfire safety certifications to utilities despite ‘serious deficiencies’: audit March 28, 2022 California’s Office of Energy Infrastructure Safety awarded the state’s utilities wildfire-related safety certifications for 2020 despite “serious deficiencies” in their fire mitigation plans, according to a report from the state’s auditor. Read more
Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures
Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures March 22, 2022 Power plant owners started the process of potentially retiring 3,228 MW of coal-fired generation in the PJM Interconnection’s footprint this month, according to the grid operator’s generator deactivation list. Another 1,024…
The SEC wants companies to disclose how climate change is affecting them
The SEC wants companies to disclose how climate change is affecting them March 21, 2022 Every year, public companies in the U.S. are required to provide investors and regulators with detailed data about their financial performance and the risks they face. Soon, they may also have to disclose information about…
Supply chain problems and rising prices are pinching the U.S. solar industry
Supply chain problems and rising prices are pinching the U.S. solar industry Energize Weekly, March 23, 2022 Facing supply chain problems and rising prices, the U.S. solar industry delayed about a third of its utility-scale capacity in the fourth quarter of 2021, and installations are projected to be down in…
Kauai Quit Using Oil To Produce Most Of Its Electricity Years Ago. That’s Paying Off Now
Kauai Quit Using Oil To Produce Most Of Its Electricity Years Ago. That’s Paying Off Now March 15, 2022 In 2008, Kauai’s electric utility set an aggressive goal to power half the island with renewable energy. The plan was so ambitious that no one knew exactly how it could be…
SEC plans to force public companies to disclose greenhouse gas emissions
SEC plans to force public companies to disclose greenhouse gas emissions March 15, 2022 The Securities and Exchange Commission plans to require all publicly traded companies to disclose their greenhouse gas emissions and the climate risks their businesses face, part of the Biden administration’s broader push to force the private…
Pacific Power seeking 12.2% rate increase in 2023
Pacific Power seeking 12.2% rate increase in 2023 Mar 3, 2022 PacifiCorp wants to raise electricity rates for Oregon customers by more than 12% in 2023 because of higher power costs, general inflationary pressure as well as increasing costs for wildfire planning and mitigation, according to proposals filed Tuesday with…
PSEG sells off fossil fuel plants in New York, Connecticut
PSEG sells off fossil fuel plants in New York, Connecticut February 25, 2022 Public Service Enterprise Group (PSEG) sold off its fossil generating assets in New York and Connecticut to ArcLight Capital Partners through its ArcLight Energy Partners Fund VII. Read more
What the Russia crisis means for U.S. electricity mix
What the Russia crisis means for U.S. electricity mix 03/01/2022 Gasoline prices have spiked in the aftermath of Russia’s invasion of Ukraine, but the effects of the conflict are also spilling into the U.S. electricity sector, with implications for greenhouse gas emissions and energy policy. Although the crisis isn’t expected…
Pueblo County drops support for nuclear power after facing backlash from residents
Pueblo County drops support for nuclear power after facing backlash from residents February 22, 2022 Pueblo County officials say they are pulling back their support for replacing the state’s largest coal-fired power plant with a nuclear reactor following a public outcry from residents. The decision is a quiet reversal by…
Cyber insurance premiums soar for energy companies
Cyber insurance premiums soar for energy companies Feb. 18, 2022 Cyber insurance rates are rising because of geopolitics, ransomware, a growing threat to operational technology, and continued fallout from last year’s Colonial Pipeline attack, say experts. Read more
Former Ohio regulator linked to $4M payoff directed agency to limit response to FirstEnergy corruption
Former Ohio regulator linked to $4M payoff directed agency to limit response to FirstEnergy corruption February 15, 2022 Newly produced documents show that Sam Randazzo, former chair of the Public Utilities Commission of Ohio, came up with the idea to let FirstEnergy show it didn’t use ratepayer money for House Bill…
Peco parent Exelon completes spinoff of its power generation business
Peco parent Exelon completes spinoff of its power generation business Feb 2, 2022 Exelon Corp. on Wednesday completed its separation into two companies: a new generation and marketing business that owns the nation’s largest fleet of nuclear power plants, and a Chicago-based utility giant whose operations include Peco, Atlantic City…
After a record-breaking 2021, Global EV sales are set for another surge in 2022
After a record-breaking 2021, global EV sales are set for another surge in 2022 Energize Weekly, February 9, 2022 After a record-breaking 2021, global electric passenger vehicle (EV) sales are poised to surge again in 2022, reaching 10.5 million, a nearly 60 percent annual increase, according to new analyses of…
Oft-Delayed Vogtle Expansion on Track for 2022 Start
Oft-Delayed Vogtle Expansion on Track for 2022 Start January 27, 2022 The two-unit expansion at the Plant Vogtle nuclear power facility in Georgia remains a work in progress, a project that still holds the promise of emissions-free electricity even as construction delays and cost overruns continue to spark debate about its future.…
Cleantech investments soar to a record $755 billion in 2021, BNEF says
Cleantech investments soar to a record $755 billion in 2021, BNEF says Energize Weekly, February 2, 2022 A record $755 billion was invested in energy-transition technologies in 2021 – a 27 percent increase over 2020, according to energy consultant BloombergNEF (BNEF). In addition, climate-tech companies raised $165 billion in equity…
Emergence of the New Payments Paradigm – The Case for Utility CX Transformation
Emergence of the New Payments Paradigm – The Case for Utility CX Transformation By Paridhi Gupta, Marketing, Smart Energy Water Utilities across the geographies have started their journey to improved customer self-service capabilities. Now millions of people enjoy the digital convenience of managing their utility account, tracking usage, paying bills,…
Tri-State reaches agreement with more than two dozen parties on resource plan
Tri-State reaches agreement with more than two dozen parties on resource plan January 20, 2022 Tri-State Generation and Transmission Association, a wholesale power provider serving rural utilities in Colorado and three other states, has reached a settlement with several parties on a plan aimed at cutting costs for ratepayers and…
Energy and Commerce Committee leaders seek information from TVA on business practices
Energy and Commerce Committee leaders seek information from TVA on business practices January 17, 2022 Members of the House Energy and Commerce Committee are seeking information from Tennessee Valley Authority (TVA) on its lack of deployment of renewable energy and other business practices. Specifically, the lawmakers are concerned that TVA…
Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses
Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses January 7, 2022 More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims and approximately…
Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service
Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service January 7, 2022 Today Evergy submitted a detailed rate review to the Missouri Public Service Commission (MPSC). The requested rate adjustment reflects investments to improve reliability, enhance customer service and enable the company’s transition to cleaner energy…
A look ahead at advanced nuclear in 2022
A look ahead at advanced nuclear in 2022 Jan 1, 2022 On June 2, TerraPower announced that it would build a demonstration nuclear reactor, known as Natrium, at a retiring Wyoming coal plant. The Bill Gates-fronted nuclear developer had joined forces with utility Rocky Mountain Power, after receiving an $80 million Department…
ERCOT says generation, transmission ready for winter following on-site inspections
ERCOT says generation, transmission ready for winter following on-site inspections 30 Dec 2021 Generation and transmission facilities in the Electric Reliability Council of Texas market are ready for winter, ERCOT said Dec. 30 after inspecting more than 300 generation units and 22 transmission facilities representing 85% of the megawatt hours…
Exelon separation moves forward, with New York Public Service Commission approval
Exelon separation moves forward, with New York Public Service Commission approval December 20, 2021 Exelon Corp. announces that the New York State Public Service Commission has approved a unanimous settlement agreement that allows Exelon to move forward with its plan to separate into two companies in the first quarter of 2022. Read…
Cincinnati, Columbus settle civil claims related to FirstEnergy bailout
Cincinnati, Columbus settle civil claims related to FirstEnergy bailout December 14, 2021 The cities of Cincinnati and Columbus have dismissed their state court claims against FirstEnergy and Energy Harbor for the companies’ actions relating to House Bill 6, the nuclear and coal bailout law at the heart of a $60…
Utility biz Delta-Montrose Electric Association loses billing capability and two decades of records after cyber attack
Utility biz Delta-Montrose Electric Association loses billing capability and two decades of records after cyber attack 3 Dec 2021 A US utility company based in Colorado was hit by a ransomware attack in November that wiped out two decades’ worth of records and knocked out billing systems that won’t be…
California Community Choice Financing Authority issues first municipal clean energy bonds
California Community Choice Financing Authority issues first municipal clean energy bonds DECEMBER 6, 2021 California’s first municipal non-recourse Clean Energy Project Revenue Bonds issued today are valued at over $2 billion for thirty-year terms. The two separate bond issuances support the purchase of clean electricity to serve over 2.5 million…
The First U.S. Offshore Wind Farm Could Be a Lifeline for Struggling New England Cities
The First U.S. Offshore Wind Farm Could Be a Lifeline for Struggling New England Cities NOVEMBER 29, 2021 As many of New England’s industrial cities fell into decline in recent decades, the wealthier residents of Martha’s Vineyard, a regional center of affluence and privilege, have gotten richer, building and rebuilding…
U.S. grid ready for winter, NERC says, New England and California may face fuel pinch
U.S. grid ready for winter, NERC says, New England and California may face fuel pinch Energize Weekly, December 1, 2021 Winter electricity-generating resources across the North American grid are forecast to be adequate, although weather and fuel access issues may create challenges for New England, California and parts of Canada.…
PJM members flag power price formation, transmission planning concerns to board
PJM members flag power price formation, transmission planning concerns to board 22 Nov 2021 PJM Interconnection’s management board recently met with representatives of each of the five power industry sectors who raised concerns regarding energy market rule changes increasing power prices, resource adequacy, transmission regulation, and other issues. Read more
EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025
EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025 Energize Weekly, November 24, 2021 A booming global electric vehicle (EV) market is forecast to post more than 7 million in sales of battery-electric and hybrid plug-in cars in 2021, double…
Energy companies push for proposed merger in New Mexico
Energy companies push for proposed merger in New Mexico NOVEMBER 13, 2021 New Mexico’s largest electric provider and global energy giant Iberdrola say they’re committed to customer protections as they push for regulatory approval for a multibillion-dollar merger. Read More
Infrastructure bill offers a $30 billion down payment on upgrading the nation’s grid
Infrastructure bill offers a $30 billion down payment on upgrading the nation’s grid Energize Weekly, November 17, 2021 The federal infrastructure bill signed by President Joe Biden this week, includes a nearly $30 billion down payment in grants and loan authorities to upgrade the nation’s aging and challenged electric grid.…
Virginia GOP targets clean energy law, but options for rollback are limited
Virginia GOP targets clean energy law, but options for rollback are limited November 9, 2021 Newly emboldened Virginia Republicans are vowing to roll back the state’s landmark clean energy reforms enacted by Democrats over the last two years. Read more
Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age
Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age Nov. 1, 2021 Federal regulators have embarked on a new era of relicensing that could eventually enable Washington’s Columbia Generating Station and many other…
Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions
Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions Energize Weekly, November 3, 2021 Clean tech investment, from both the public and private sectors, has been growing rapidly in 2021, but it still may not be fast enough to alter global emissions…
Southern California Edison to add 535MW of battery energy storage
Southern California Edison to add 535MW of battery energy storage October 25, 2021 Southern California Edison (SCE) will add 535 megawatts of battery energy storage at three of its substations to increase grid reliability for next summer. Read more
Congress eyes $235B in clean energy subsidies. Here they are
Congress eyes $235B in clean energy subsidies. Here they are 10/26/2021 Congress has a long-standing aversion to climate policy. Cap and trade saw a spectacular death in 2010. A plan to pay utilities for selling more clean electricity was axed this month. And proposals to tax carbon dioxide emissions never…
Two Norway wind farms lose license in landmark ruling over indigenous rights
Two Norway wind farms lose license in landmark ruling over indigenous rights October 11, 2021 Norway’s supreme court stripped two wind farms of their operating licenses on Monday in a case that could boost the legal rights of the country’s indigenous Sami people. Read more
CMP, public power backers locked in war to weaken each other’s 2022 referendum bids
CMP, public power backers locked in war to weaken each other’s 2022 referendum bids October 11, 2021 Supporters and opponents of establishing a consumer-owned utility in Maine both made changes to their ballot initiatives in the past week in attempts to render the other ineffective ahead of a possible referendum fight…
Duke Energy complaints rise ahead of company’s decision to extend disconnection ban
Duke Energy complaints rise ahead of company’s decision to extend disconnection ban September 30, 2021 Duke Energy announced Thursday the company will continue to avoid shutting off electricity for the most at-risk families through March of 2022. The announcement came just a day before Duke Energy’s limited disconnection ban was set…
PPL Corporation receives FERC approval to acquire The Narragansett Electric Company
PPL Corporation receives FERC approval to acquire The Narragansett Electric Company September 23, 2021 PPL Corporation (NYSE: PPL) today received unanimous approval from the Federal Energy Regulatory Commission to acquire The Narragansett Electric Company from National Grid USA. Read more
Utilities face greatest threat as climate risks intensify
Utilities face greatest threat as climate risks intensify 20 Sep, 2021 Climate change is pushing power, gas and water companies to the frontlines of an intensifying battle against natural disasters that is set to increasingly hit the profits of businesses around the world. Utilities face the highest combined physical risk…
Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge
Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge Sep 14, 2021 Xcel Energy ignored numerous weather warnings when buying natural gas and failed to switch to cheaper fuel oil during the historic deep freeze in mid-February, leaving the utility helpless as spot prices spiked…
Westinghouse to pay over $20 million for failed Summer project
Westinghouse to pay over $20 million for failed Summer project Sep 2, 2021 Westinghouse Electric Company has entered into a cooperation agreement with the Department of Justice in connection with its role in the failed effort to build two AP1000 reactors at the Summer nuclear plant in Jenkinsville, S.C. Read…
Connexus electricity co-op wants a new power deal with Great River Energy
Connexus electricity co-op wants a new power deal with Great River Energy AUGUST 30, 2021 Connexus Energy, the largest owner of Great River Energy, wants to exit the big electricity generating co-op as a member, saying its longtime arrangement has become too costly and inflexible. Read more
