Energize Weekly, July 11, 2018 The U.S. nuclear industry faces a bleak future with existing plants uncompetitive in wholesale electricity markets and no technological relief likely for another 50 years, according to analysis by university researchers. “For entirely predictable and resolvable reasons, the United States appears set to virtually lose…
Energize Weekly, June 27, 2018 Quarter-over-quarter the U.S. energy storage market dropped 30 percent to 43.6 megawatts (MW) in the first quarter of 2018 and was down 39 percent compared the same quarter in 2017, according to an industry market report. This was in part due to a large number…
Energize Weekly, June 27, 2018 The pace for global investment in renewable energy will continue to grow—totaling an estimated $8.4 trillion in the next three decades—so that by 2050, half of all electricity generation will come from renewables, according to Bloomberg New Energy Finance (BNEF). BNEF’s New Energy Outlook projects…
Energize Weekly, June 20, 2018 The solar industry posted a 13 percent year-over-year increase in the first quarter of 2018 as 2.5 gigawatts (GW) were installed, according to the U.S. Solar Market Insight report. Installations for the year, however, are projected to be flat compared to 2017 with a total…
Energize Weekly, June 20, 2018 A Canadian real estate investment company is teaming up with a Texas solar developer for $100 million in solar projects in Austin and San Antonio. Toronto-based Fengate Real Asset Investments will provide the financing for projects developed by PowerFin Partners, which has offices in Austin…
Energize Weekly, June 13, 2018 NV Energy announced a $2 billion plan to add more than 1 gigawatt of utility-scale solar and battery storage projects, but said the investment depends upon whether Nevada voters support an “energy choice” ballot measure in the fall. On June 1, NV Energy, a subsidiary…
Energize Weekly, June 13, 2018 Xcel Energy, Colorado’s largest electricity provider, submitted a plan to state regulators June 6 seeking to invest $2.5 billion in wind, solar and energy storage projects while closing two coal-fired power plants. The proposed Colorado Energy Plan (CEP) would add 1,100 megawatts (MW) of wind…
Energize Weekly, June 6, 2018 High levels of wind and solar on regional power grids can decrease electric wholesale prices by $5 to $16 a megawatt-hour (MWh), according to a study by the Lawrence Berkeley National Laboratory. “Increasing penetrations of variable renewable energy (VRE) can affect wholesale electricity price patterns and…
Energize Weekly, June 6, 2018 The power sector’s consumption of fossil fuels dropped in 2017 to levels not seen since 1994, as a result of closing aging coal plants and adding more efficient natural gas turbines, according to the federal Energy Information Administration (EIA). For the last four years, fossil…
Energize Weekly, May 30, 2018 Coal-fired generation is being supplanted, for the most part, by cheaper natural gas turbines with $112 billion in new gas-fired power plants proposed or under construction, but those plants could face the same market fate as coal, according to an analysis by the Rocky Mountain…
Energize Weekly, May 23, 2018 An Xcel Energy proposal to close two Colorado coal-fired power plants as part of a plan to move to 55 percent renewable power by 2026 has drawn wide support, but how the closure is to be paid for has become a bone of contention. The…
Energize Weekly, May 16, 2018 Renewable energy employment around the world grew by 5.3 percent in 2017 to 10.3 million direct and indirect jobs, according to the International Renewable Energy Agency (IRENA). The strongest growth was in the solar photovoltaic (PV) and bioenergy sectors. There was a slight drop in…
Energize Weekly, May 16, 2018 Almost 32 gigawatts (GW) of new electric-generating capacity is set to come online in 2018—the most in a decade, according to the federal Energy Information Administration (EIA). Natural gas-fired generation will account for two-thirds of the new capacity, a sharp difference from 2017 when renewable…
Energize Weekly, May 16, 2018 Nuclear power plants under pressure from market forces are facing closures, but states with high concentrations of nuclear power are stepping in to bolster these generators, and there may be additional policy initiatives that can be taken, according to new studies. “Nuclear power is responsible…
Energize Weekly, May 9, 2018 Annual global wind power capacity additions are projected to average more than 65 gigawatts (GW) between 2018 and 2027, according to renewable energy consultant MAKE. That is equal to a 4 percent compounded growth rate, Aarhus, Denmark-based MAKE said in its first quarter market report.…
Energize Weekly, May 9, 2018 Solar acquisitions and asset-financing deals worth more than $8 billion have already been made in 2018, according to the kWh Analytics Spring DealFlow report. The solar services and risk management consultant logged 36 projects since the start of 2018, including 17 asset transactions and 19…
Energize Weekly, May 9, 2018 PJM Interconnection, the operator of the grid and wholesale electric market covering portions of the mid-Atlantic and Midwest regions, said that the proposed closing of three nuclear power plants in its system will not threaten grid stability. FirstEnergy said it will close two financially struggling…
Energize Weekly, May 2, 2018 Corporate renewable energy purchases reached 2.78 gigawatts (GW) in 2017, on 28 deals, second only to 2015’s 3.2 GW, according to Rocky Mountain Institute’s Business Renewables Center. The market continues to look strong with 19 deals for 1.96 GW already signed in 2018, according to…
Energize Weekly, May 2, 2018 A string of announced closings for nuclear and coal-fired power plants is part of a trend that is offering a big market for natural gas, according to an analysis by energy consultant BTU Analytics. In March, FirstEnergy announced that it would close three nuclear power…
Energize Weekly, May 2, 2018 A little more than half of the coal-fired power plants operated by public power utilities and generation and transmission cooperatives are economically competitive, though several are at risk, according to Moody’s Investor Service analysis. “Coal-fired generation in the U.S. remains under pressure due to coal’s…
Energize Weekly, April 25, 2018 The U.S. Department of Energy (DOE) announced a new $105.5 million round of funding for solar energy research, development and grid integration projects on April 17. DOE will fund about 70 projects to advance both solar photovoltaic (PV) and concentrating solar thermal power (CSP) technologies…
Energize Weekly, April 25, 2018 The wind industry is having a big impact on red heartland states and rural economies, according to data from the annual report from the industry trade group, the American Wind Energy Association (AWEA). A total of 7,017 megawatts (MW) of new wind capacity was added…
Energize Weekly, April 18, 2018 The installation of solar photovoltaic (PV) arrays is growing in cities across the country—especially in sunny ones, according a survey by the non-profit Colorado Environmental Policy Center. “As of the end of 2017, 20 cities—representing just 0.1 percent of U.S. land area—accounted for over 4…
Energize Weekly, April 18, 2018 Wind farms across the country are getting a makeover as rising costs, declining production and the spur of tax credits is leading to the repowering of projects built as far back as the 1990s, according to federal data and market studies. A study by the…
Energize Weekly, April 11, 2018 In the early hours of March 31, the Southwest Power Pool (SPP) set a new wind penetration record with 62 percent of the load being served by wind generation. Wind turbines accounted for 14.5 gigawatts (GW) of the 23.2 GW load for the regional transmission…
Energize Weekly, April 11, 2018 Coal and natural gas are being hard pressed to compete as the comparative cost of wind, solar and battery storage continue to fall and in concert, can meet the power grid’s key needs, according to a Bloomberg New Energy Finance (BNEF) study. “Fossil fuel power…
Energize Weekly, April 4, 2018 The solar industry lost jobs in 2017—seeing a 3.8 percent decline equal to 9,800 positions—for the first time since employment statistics were tracked in 2010 by the non-profit The Solar Foundation, the group said in its annual Solar Jobs Census. The foundation saw a host…
Energize Weekly, March 28, 2018 More than 80 foreign solar cell and module manufactures and American companies using imported solar products are seeking exclusions from the Trump administration solar import tariff, according to filings with the Office of the U.S. Trade Representative. The arguments made by the applicants, based on…
Energize Weekly, March 28, 2018 Natural gas-fired electric generation fell a record 7.7 percent in 2017 compared with the previous year, and coal-fired electricity was down 2.5 percent, marking the first time in a decade both electricity sources declined—at the same time renewable electricity hit a record, according to the…
Energize Weekly, March 28, 2018 As wind and solar generation grow, so too have questions about their impact on the reliability and resiliency of the grid. However, a study of markets around world with high levels of renewables has identified keys to keep the systems up and running. The question…
Energize Weekly, March 21, 2018 The Trump administration tariffs on solar cells and modules will cut installations by 13 percent between 2018 and 2022 compared to previous projections, according to GTM Research. A total of 10.6 gigawatts of photovoltaic (PV) capacity was installed in 2017. Installations in 2018 are expected…
Energize Weekly, March 21, 2018 The Colorado Public Utilities Commission (PUC) voted on March 14 to give Xcel Energy the go-ahead to develop a plan to close two coal-fired power plants and replace them with renewable or low-cost alternatives. Xcel calls its proposal the Clean Energy Plan (CEP). It would…
Energize Weekly, March 14, 2018 The prospects for the U.S. battery storage market, both short and long term, appear strong with capacity doubling in 2018 and reaching as high as 50,000 megawatts (MW), according to new analyses. In 2018, 1,000 megawatt-hours (MWh) of storage is set to be deployed, nearly…
Energize Weekly, March 7, 2018 Renewable generation has overtaken coal-fired plants in the European Union, providing 30 percent of its electricity, but the growth of renewables has been uneven in the 28-nation bloc with coal hanging on in Eastern Europe. Since 2000, renewable generation has more than doubled and the…
Energize Weekly, March 3, 2018 Wind and solar generation could meet up to 80 percent of U.S. electricity demand—but going beyond that toward all-renewable electricity could require trillions of dollars of investment in transmission, generation and storage, according to a new study. Researchers from the Carnegie Institution for Science, the…
Energize Weekly, February 28, 2018 Florida Power & Light Company (FPL) said it is adding “cutting-edge” storage technology to a utility-scale solar facility that will boost output by half-a-million kilowatt-hours a year. FPL, the nation’s third-largest electric utility with five million customers, said that the integration of the DC-coupled battery…
Energize Weekly, February 28, 2018 Anticipating Trump administration tariffs on solar panels, a surge of Chinese imports hit the U.S. in the fourth quarter of 2017, according to Bloomberg New Energy Finance (BNEF). Chinese imports for the quarter were 11 times higher than for the first nine months of the…
Energize Weekly, February 21, 2018 The Trump administration tariffs on imported solar cells and modules are drawing fire from around the world. In the latest challenge, three Canadian companies—Ontario-based Silfab Solar Inc., Heliene Inc. and Canadian Solar Solutions Inc., along with U.S.-based distributor Canadian Solar (USA) Inc.—filed a complaint with…
Energize Weekly, February 21, 2018 The restructuring of the U.S. electricity generation portfolio continued in 2017 with renewable sources coming close to nuclear, while reductions in natural gas and coal made the total kilowatt-hours consumed by Americans cleaner, according to Bloomberg New Energy Finance. Renewable generation was up 14 percent…
Energize Weekly, February 14, 2018 Renewable energy generation doubled in the U.S. between 2006 and 2016, reaching 18 percent of the country’s generating capacity. As strong as those numbers are, global renewable energy growth has been even greater. The National Renewable Energy Laboratory’s (NREL) recently released 2018 Renewable Energy Data…
Energize Weekly, February 14, 2018 The prospects for coal-fired and nuclear electricity generation got off to a shaky start in 2018 with a projected record number of coal unit closures and three nuclear power plants set for shutdown. The Trump administration has been trying to find ways to bolster the…
Energize Weekly, February 7, 2018 The U.S. wind industry installed 7,017 megawatts (MW) of new generating capacity in 2017, $11 million in new investment, according to the American Wind Energy Association (AWEA) fourth quarter market report. Helping to spur project development were agreements to buy power by a growing list…
Energize Weekly, February 7, 2018 The majority of people living within five miles of a windfarm view the projects positively, although attitudes are more polarized among residents within a half-mile of the turbines, according to a survey by the Lawrence Berkeley National Laboratory. The survey of 1,700 people found that…
Energize Weekly, January 31, 2018 The tariff placed on imported solar cells by the Trump administration last week is roiling markets and is projected to slow growth, but not blunt the development of the solar industry. On Jan. 22, President Donald Trump approved a four-year tariff, starting at 30 percent…
Energize Weekly, January 24, 2018 Renewable energy projects are becoming cost-competitive with fossil fuel generation around the world, according to the International Renewable Energy Agency (IRENA). “Bioenergy-for-power, hydropower, geothermal and onshore wind projects commissioned in 2017 largely fell within the range of generation costs for fossil-based electricity . . .…
Energize Weekly, January 10, 2018 Xcel Energy received an “unprecedented” response to a call for new generation projects for its Colorado subsidiary with more than 430 proposals, according to a report filed by the utility with the Colorado Public Utilities Commission. “For comparison, the Company received 55 bids in the…
Energize Weekly, January 3, 2018 Utility-scale renewable energy generation surpassed nuclear generation for the first time in three decades in March and April of 2017, according to the federal Energy Information Administration (EIA). While the phenomenon appears to be temporary, in 2017, it is marked by a series of trends…
Energize Weekly, January 3, 2018 The utility industry faced a tumultuous 2017 with big policy initiatives from Washington and strong underlying trends continuing to challenge the sector. Many of the year’s big stories came from the Trump administration, but markets and corporate decisions also played a big role in defining…
Processing…please wait
By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information
By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.