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…
Entergy’s post-Ida restoration efforts prove success of resiliency investments
Entergy’s post-Ida restoration efforts prove success of resiliency investments October 14, 2021 Massive restoration efforts by Entergy Corp. continue as the New Orleans-headquartered power company repairs, rebuilds and strengthens its electric system in hard-hit coastal communities devastated by Hurricane Ida, a situation that could have been even worse were it…
Climate-driven weather disasters threaten global energy infrastructure, IEA says
Climate-driven weather disasters threaten global energy infrastructure, IEA says Energize Weekly, October 20, 2021 Energy and infrastructure systems built over the last century are becoming more vulnerable to the ravages of climate change-driven extreme weather events, according to a series of reports. “Extreme weather events over the past year have…
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…
World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says
World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says Energize Weekly, October 13, 2021 Global energy consumption is forecast to increase 50 percent over the next 30 years if no policies or new technologies are introduced to curb demand, according to the U.S.…
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…
Solar trade woes cast a pall over Biden’s climate goals
Solar trade woes cast a pall over Biden’s climate goals 09/28/2021 President Joe Biden’s climate goals are conflicting with his aim to bolster American manufacturing of solar panels — an industry the U.S. largely lost to China when he was vice president and one that can’t be rebuilt quickly. Read…
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…
Illinois Legislature saves at-risk nuclear plants with clean energy bill
Illinois Legislature saves at-risk nuclear plants with clean energy bill September 13, 2021 The Illinois Legislature has approved legislation providing nearly $700 million in subsidies over five years to save unprofitable nuclear plants, acting in the final hour to stop at least one from shutting down. Read more
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…
Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says
Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says Energize Weekly, September 15, 2021 The U.S. could get 40 percent of its electricity from solar installations by 2035 and 45 percent by 2050 – through $225 to $560 billion in the power grid…
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…
Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025
Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025 Energize Weekly, September 8, 2021 Global electric vehicle sales have rebounded from the pandemic with a forecast of reaching 16 percent of all passenger car purchases by 2025, but the pace remains far short…
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
Hurricane Ida damage to Louisiana’s power grid expected to take weeks to repair
Hurricane Ida damage to Louisiana’s power grid expected to take weeks to repair August 30, 2021 Rescuers set out in hundreds of boats and helicopters to reach people trapped by floodwaters Monday, and utility repair crews rushed in, after a furious Hurricane Ida swamped the Louisiana coast and ravaged the…
As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses
As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses AUGUST 17, 2021 State regulators will consider signing off Tuesday on a plan marking a significant shift in how cost overruns are handled for Georgia Power’s Plant Vogtle expansion, which is already billions of dollars over budget and years…
PJM puts transmission upgrades for onshore renewables and offshore wind at up to $3.2 billion
PJM puts transmission upgrades for onshore renewables and offshore wind at up to $3.2 billion Energize Weekly, August 18, 2021 The PJM Interconnection – the nation’s largest grid operator – estimates that it will take between $2.2 billion and $3.2 billion in new transmission investments by 2035 to accommodate the…
PG&E power line suspected in Dixie fire was set to be buried underground in safety move
PG&E power line suspected in Dixie fire was set to be buried underground in safety move AUG. 10, 2021 After Pacific Gas & Electric equipment sparked a massive fire that burned much of Paradise, Calif., and killed 86 people in 2018, the utility vowed a safety campaign aimed at preventing similar…
New Mexico customers sound alarm over major utility merger
New Mexico customers sound alarm over major utility merger Aug 10, 2021 New Mexico customers are sounding the alarm over a proposed multibillion-dollar merger of the state’s largest electric utility provider with a U.S. subsidiary of Spanish energy giant Iberdrola, citing a sordid track record of reliability and customer service.…
Global clean energy technology investment reached a record $500 billion in 2020
Global clean energy technology investment reached a record $500 billion in 2020 Energize Weekly, August 11, 2021 Global investment in clean energy technologies reached a record $501.3 billion in 2020, with renewable energy generation accounting for 60 percent of the total, according to a BloombergNEF analysis. The 2020 figure represents…
As Maui approaches 100% renewables, NREL models grid options
As Maui approaches 100% renewables, NREL models grid options AUGUST 2, 2021 Maui’s electric power grid is expected to operate with 100% solar and wind on an instantaneous basis as early as 2024, and NREL is helping the island plan to reliably supply electricity. Read more
Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission
Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission Aug. 3, 2021 A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a 67-32 consensus to advance the legislation. The vote to advance the bill included the support of 17 Republicans. Read…
FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme
FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme Jul 22, 2021 Facing a federal charge for honest services wire fraud in a corruption case related to the billion-dollar nuclear plant bailout in Ohio, FirstEnergy Corp. has agreed to abide by the terms of a three-year deferred prosecution settlement to get…
Global coal-fired generation rebounds in 2021 with continued expansion in some countries
Global coal-fired generation rebounds in 2021 with continued expansion in some countries Energize Weekly, July 28, 2021 Global coal-fired electricity generation is making a rebound in 2021 as billions of dollars in government support continue to flow to the sector and new coal-fired plants are being built or planned around…
Barrasso says new legislation sets stage for new Wyoming Natrium nuclear reactor
Barrasso says new legislation sets stage for new Wyoming Natrium nuclear reactor July 19, 2021 Wyoming’s U.S. Sen. John Barrasso on Friday helped introduce the “American Nuclear Infrastructure Act,” legislation which he says would set the stage “to deploy advanced nuclear technologies like the Natrium reactor coming to Wyoming.” Read…
Duke Energy, hedge fund continue battle
Duke Energy, hedge fund continue battle July 19, 2021 Duke Energy and a hedge fund continued a public battle Monday about the financial performance of the utility, including the operations of Duke Energy Florida. The West Palm Beach-based Elliott Investment Management L.P. sent an 11-page letter to the Duke Board…
PG&E wants to propose an 18% rate hike during a heat wave. Here’s why
PG&E wants to propose an 18% rate hike during a heat wave. Here’s why Jul 9, 2021 PG&E is asking the state to raise rates by 18%. The utility presented a proposal to the California Public Utilities Commission saying the money is needed for critical investments- specifically, on work to…
Clean electricity standard carries $1.8T upside – study
Clean electricity standard carries $1.8T upside – study July 12, 2021 A national clean electricity standard would save thousands of lives and yield other health and climate benefits that would outweigh the policy’s costs, according to a first-of-its-kind study. Read more
Western drought hurts hydropower production, California among the hardest hit states
Western drought hurts hydropower production, California among the hardest hit states Energize Weekly, July 14, 2021 The drought conditions smothering the West are crippling hydropower production with hydro-generation’s share of energy production forecast to be 6.5 percent this year – the lowest it has been since 2015, according to the…
NJ Board of Public Utilities awards 2,658 MW of offshore wind
NJ Board of Public Utilities awards 2,658 MW of offshore wind July 02, 2021 The New Jersey Board of Public Utilities (NJBPU) awarded 2,658 megawatts (MW) of offshore wind capacity this week, bringing the state closer to Gov. Phil Murphy’s goal of 7,500 MW of offshore wind by 2035. Read…
Watchdog subpoenas FirstEnergy info on payment to regulator
Watchdog subpoenas FirstEnergy info on payment to regulator July 2, 2021 Ohio’s consumer utility watchdog is demanding that FirstEnergy Corp. share more information about $4.3 million that was paid to an attorney to end his consulting contract shortly before he became the state’s top utility regulator. Read more
More than half the U.S. faces electricity supply problems in the face of a long, hot summer
More than half the U.S. faces electricity supply problems in the face of a long, hot summer Energize Weekly, July 7, 2021 More than half the U.S. – primarily in the West, Texas, Midwest and to a lesser extent, New England – is at risk of energy emergencies this summer,…
NJ set to award second massive offshore wind project
NJ set to award second massive offshore wind project JUNE 29, 2021 In a decision that could make New Jersey a leader in wind power, the state is poised to award a deal for the second-largest procurement of new offshore turbine projects yet to be developed anywhere in the U.S.…
Texas power grid overcomes problems to meet record June demand
Texas power grid overcomes problems to meet record June demand June 25, 2021 Peak electricity demand in Texas broke June’s record on Thursday and was expected to do so again on Friday, the power grid operator said, but there was no repeat of last week’s problems when a significant amount…
Hawai’i Microgrid Tariff Framework Could Become Model for Other States
Hawai’i Microgrid Tariff Framework Could Become Model for Other States June 28, 2021 Last month Hawai’i become only the second state with a formal microgrid services tariff, and its framework could become a model for other states, according to Microgrid Knowledge, a national publication. Read more
Utility regulators consider FPL request for biggest rate increase in state history
Utility regulators consider FPL request for biggest rate increase in state history JUN. 21, 2021 The Florida Public Service Commission on Monday convened the first of several public hearings regarding a $2 billion rate increase request by Florida Power & Light, the state’s largest utility company. Read more
CPUC issues proposal establishing independent safety monitor over PG&E
CPUC issues proposal establishing independent safety monitor over PG&E 15 JUNE 2021 As part of the continuing efforts to hold Pacific Gas and Electric Co. accountable for its safety performance, the California Public Utilities Commission has issued a scope of work for an independent safety monitor. Read more
Bill Gates and Warren Buffett are building a $1 billion next-generation nuclear reactor in Wyoming
Bill Gates and Warren Buffett are building a $1 billion next-generation nuclear reactor in Wyoming Jun 3, 2021 The billionaire friends Bill Gates and Warren Buffett are set to build a $1 billion next-generation nuclear reactor in Wyoming, Gov. Mark Gordon said on Wednesday. Read more
Texas Legislature close to approving billions to pay for winter storm financial fallout
Texas Legislature close to approving billions to pay for winter storm financial fallout MAY 25, 2021 Several billions of dollars in state-approved financing will be necessary to stabilize the state’s distressed energy market after the winter storm. Texas approves more in finance bailouts for its utilities than any other state.…
Duke Energy commits to helping struggling Floridians save money, avoid disconnections
Duke Energy commits to helping struggling Floridians save money, avoid disconnections May 11, 2021 Duke Energy announced a series of steps it is taking to ensure customers who are behind on their utility bills don’t have their power cut off at a dangerous time. Read more
Pandemic leads to solar industry job losses, as installations set a record
Pandemic leads to solar industry job losses, as installations set a record Energize Weekly, May 12, 2021 Solar industry employment dropped 6.7 percent last year to 231,474, despite a record-setting year for installations, according to the 2020 National Solar Jobs Census. The cross trends are explained by increases in labor productivity…
CenterPoint to sell Arkansas, Oklahoma gas utilities for $2.15 bln
CenterPoint to sell Arkansas, Oklahoma gas utilities for $2.15 bln April 29, 2021 U.S. electricity provider CenterPoint Energy Inc (CNP.N) said on Thursday it has agreed to sell its natural gas utility businesses in Arkansas and Oklahoma to privately-held Summit Utilities for $2.15 billion in cash. Read more
Texas Storm Cost NextEra $180 Million in Uncollected Revenue
Texas Storm Cost NextEra $180 Million in Uncollected Revenue Josh Saul and Mark Chediak; Fri, April 23, 2021 NextEra Energy Inc., the world’s biggest investor-owned generator of wind and solar power, said it wasn’t able to collect $180 million in revenue following the Texas energy crisis that left the state’s…
Global energy demand is forecast to rebound in 2021, IEA says
Global energy demand is forecast to rebound in 2021, IEA says Energize Weekly, April 28, 2021 Global energy production and demand is set to rebound from their pandemic doldrums in 2021with energy consumption up 4.6 percent, according to the International Energy Agency (IEA). The agency said in its annual Global…
Maine Lawmakers Unveil Effort To Purchase CMP, Versant To Create Consumer-Owned Utility
Maine Lawmakers Unveil Effort To Purchase CMP, Versant To Create Consumer-Owned Utility Maine Public | By Mal Leary Published April 19, 2021 A group of Maine lawmakers has unveiled an effort to buy Maine’s two largest utilities and operate them as a consumer-owned corporation. At a news conference outside the State House…
Texas’ new set of electricity regulators begins to take shape in wake of deep freeze, power outages
By Robert T. Garrett, Apr 12, 2021 A new set of Texas electricity regulators began to take shape Monday, as Gov. Greg Abbott nominated a finance expert to be the next chairman of the Public Utility Commission while his earlier choice of a PUC member moved toward Senate confirmation. Read more
U.S. cities and towns made deals for a record 3.7 gigawatts of renewables in 2020
Energize Weekly, April 7, 2021 Cities and towns across the U.S. installed or purchased a record 3.7 gigawatts of renewable energy capacity in 2020, a 23 percent increase over 2019, according to the clean energy consultant, RMI. The RMI analysis was based on data from the Local Government Renewables Action…
U.S. set a record for solar installations in 2020, a record poised to fall in 2021
Energize Weekly, March 24, 2021 Solar installations in the U.S., even in the face of the pandemic economy, set a record in 2020 with 19.2 gigawatts (GW) of capacity – a 43 percent increase over 2019, according to an industry market report. “The year 2020 was a record-setting year for…
