Drought spurred by climate change cut 2024 U.S. hydropower to its lowest level in 18 years

Drought spurred by climate change cut 2024 U.S. hydropower to its lowest level in 18 years

Drought spurred by climate change cut 2024 U.S. hydropower to its lowest level in 18 years Energize Weekly, November 13, 2024 U.S. hydropower plants – beleaguered by drought and above average temperatures – are projected to produce 13 percent less electricity in 2024 than the 10-year average, according to the…

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Clean tech investments overtake oil and gas financing in 2023 and are set to triple by 2035

Clean tech investments overtake oil and gas financing in 2023 and are set to triple by 2035

Clean tech investments overtake oil and gas financing in 2023 and are set to triple by 2035 Energize Weekly, November 6, 2024 Investments in low-carbon technologies are accelerating – accounting for more than 50 percent of all energy financing in 2023 for the first time – and are set to…

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Tri-State won $2.5 billion to close coal plants, get new renewable energy for rural customers

Tri-State won $2.5 billion to close coal plants, get new renewable energy for rural customers Oct 29, 2024 Tri-State Generation has won praise from environmental groups for an aggressive plan to build clean, renewable energy, and Friday the co-op won the financing to do it: $2.5 billion in federal loans…

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World entering the “age of electricity” as demand outpaces all other forms of energy

World entering the “age of electricity” as demand outpaces all other forms of energy

World entering the “age of electricity” as demand outpaces all other forms of energy Energize Weekly, October 23, 2024 The world is set to enter the “age of electricity” as demand has grown more quickly than any other energy source and is set to accelerate even more, according to the…

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DOE’s No 2: Congress needs to move on permitting reform

DOE’s No 2: Congress needs to move on permitting reform 10/15/2024 Biden administration officials often tout their historic clean energy investments and how they’re creating real, long-lasting momentum in the fight against climate change. But one of those officials, Deputy Energy Secretary David Turk, also has a warning about that…

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New York awards $24M for 26 clean energy innovation projects

New York awards $24M for 26 clean energy innovation projects October 07, 2024 The New York State Energy and Research Development Authority (NYSERDA) awarded $24 million for 26 innovation projects in multiple clean energy sectors on Oct. 3. The projects were selected through NYSERDA’s Innovation program, which is dedicated to…

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Minnesota Power Announces Two Large Solar Projects Totaling Over 200 MW in Northern Minnesota

Minnesota Power Announces Two Large Solar Projects Totaling Over 200 MW in Northern Minnesota 24th September 2024 Minnesota Power, a division of ALLETE Inc. has announced plans to build two major solar projects in northern Minnesota, advancing its commitment to a cleaner energy future while prioritizing regional renewable energy investments.…

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Governor Gianforte Celebrates Nearly $1 Billion Energy Investment in Montana

Governor Gianforte Celebrates Nearly $1 Billion Energy Investment in Montana September 20 2024 Governor Greg Gianforte yesterday cut the ribbon on NextEra Energy Resources’ Clearwater Wind Energy Center in Miles City and celebrated the company’s nearly $1 billion investment in Montana. “We’re ramping up energy production in Montana with our…

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Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check

Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check September 17, 2024 Ottawa is negotiating a $500-million bailout for Nova Scotia’s privately owned electric utility, saying the money will be used to prevent a big spike in electricity rates. Federal Natural Resources Minister Jonathan…

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Renewables, cleantech sector will grow regardless of who wins the U.S. presidential election

Renewables, cleantech sector will grow regardless of who wins the U.S. presidential election

Renewables, cleantech sector will grow regardless of who wins the U.S. presidential election Energize Weekly, September 18, 2024 The results of the U.S. presidential election – even if there is a victory by Donald Trump – will likely not derail growth in the renewable energy and cleantech sectors, according to…

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Appalachian Power to get $5 million for Claytor hydroelectric upgrades

Appalachian Power to get $5 million for Claytor hydroelectric upgrades September 9, 2024 Appalachian Power will receive $5 million in federal funding to upgrade its Claytor hydroelectric plant on the New River in Pulaski County. Virginia’s second-largest electric utility will use the money to help pay for replacing original equipment…

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Promoters of clean-energy data centers in Virginia coal country unfazed by doubters

Promoters of clean-energy data centers in Virginia coal country unfazed by doubters September 10, 2024 Will Payne and Will Clear are all too aware of the skeptics. But those doubters only fuel the duo’s vision for Southwest Virginia. The former Virginia state energy office bureaucrats turned private-sector consultants have an…

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Global clean tech and power market M&A led in 2024 by electricity generation deals

Global clean tech and power market M&A led in 2024 by electricity generation deals

Global clean tech and power market M&A led in 2024 by electricity generation deals Energize Weekly, September 11, 2024 Global clean technology and power market mergers and acquisitions have totaled $105 billion with 234 deals so far this year, slightly ahead of the 2023 pace, according to Enverus Research Intelligence.…

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Residential solar prices drop as size of installations grow and more batteries are added

Residential solar prices drop as size of installations grow and more batteries are added

Residential solar prices drop as size of installations grow and more batteries are added Energize Weekly, September 4, 2024 The size of residential solar systems has been rising as solar module efficiency increases and solar panel costs decline, according to the Lawrence Berkeley National Laboratory’s annual Tracking the Sun report.…

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ERCOT successfully navigates heat wave, new peak demand record

ERCOT successfully navigates heat wave, new peak demand record Aug 26, 2024 Despite record temperatures last week and a new peak demand record, the Electric Reliability Council of Texas said it was able to maintain service without conservation requests, which it required last summer. Large additions of renewables and battery…

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Renewable energy projects are facing increased delays, cancellations, and big losses

Renewable energy projects are facing increased delays, cancellations, and big losses

Renewable energy projects are facing increased delays, cancellations, and big losses Energize Weekly, August 21, 2024 Wind and solar projects across the U.S. are facing increased local and state opposition, leading to delays, cancellations, and millions of dollars in lost investments, according to university and national laboratory analyses. A Lawrence…

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U.S. electricity demand to rise spurred by the growth of data centers and electric vehicles

U.S. electricity demand to rise spurred by the growth of data centers and electric vehicles

U.S. electricity demand to rise spurred by the growth of data centers and electric vehicles Energize Weekly, July 31, 2024 After remaining relatively flat for the last 20 years, U.S. electricity demand is projected to grow 13 percent by 2030, boosted by demands from data centers, electric vehicles (EVs) and…

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Manchin, Barrasso announce permitting reform deal, breaking lengthy impasse

Manchin, Barrasso announce permitting reform deal, breaking lengthy impasse 07/22/24 Sens. Joe Manchin (I-W.Va.) and John Barrasso (R-Wyo.) have reached an agreement on a bill to speed up the nation’s energy and infrastructure projects after about two years of trying to reach a deal. The bill takes on a suite…

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Arizona voters will vote on going green fast or keeping fossil-fuel choices in the mix

Arizona voters will vote on going green fast or keeping fossil-fuel choices in the mix July 8, 2024 Three seats on the Arizona Corporation Commission are up for grabs in the coming primary and general elections, and the results of these votes will help set the state’s water and power…

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FBI warns of increased cyber threats to expanding US renewable energy sector

FBI warns of increased cyber threats to expanding US renewable energy sector JULY 02, 2024 The Federal Bureau of Investigation (FBI) published Monday a Private Industry Notification (PIN) emphasizing how malicious cyber actors may seek to disrupt power-generating operations, steal intellectual property, or ransom information critical for normal functionality to…

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Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023

Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023

Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023 Energize Weekly, July 3, 2024 Even in the face of extreme weather events and higher rates of forced outages at generating facilities, the U.S.-Canadian electric grid remained “reliable and secure” in 2023, according to the…

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N.C.’s ratepayer advocate: Duke Energy ‘failed’ to consider incentives that would cut costs & enable more clean energy

N.C.’s ratepayer advocate: Duke Energy ‘failed’ to consider incentives that would cut costs & enable more clean energy June 25, 2024 Duke Energy’s plan to zero out its carbon pollution all but ignores a federal loan program that could save ratepayers hundreds of millions of dollars and enable more clean…

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Record temperatures will increase electricity demand, but not natural gas or coal prices

Record temperatures will increase electricity demand, but not natural gas or coal prices

Record temperatures will increase electricity demand, but not natural gas or coal prices Energize Weekly, June 26, 2024 Record temperatures are set to increase electricity demand this summer, but analyses find that a combination of ample gas storage and more renewable generation will help prevent a spike in natural gas…

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Ontario’s new energy minister says natural gas plants must stay ‘to help fuel our economy’

Ontario’s new energy minister says natural gas plants must stay ‘to help fuel our economy’ June 13, 2024 Ontario’s new energy minister says the fast-growing province can’t afford an “ideological” push to wean its electricity system off fossil fuels even as concerns about climate change mount. “I cannot underscore this…

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Clean energy mandate for Vt. utilities becomes law after Democrats override veto

Clean energy mandate for Vt. utilities becomes law after Democrats override veto June 17, 2024 The biggest energy policy to come out of Montpelier this year is hitting home in concrete ways for two Vermont mothers who showed up to the Statehouse on Monday. The legislation requires all Vermont utilities…

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Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says

Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says

Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says Energize Weekly, June 19, 2024 The scale and speed of the energy transition risks project delays and setbacks leading to cost overruns of 15 percent to 20 percent, equal to $150 billion a…

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AI is poised to drive a doubling in data center electricity demand by 2030, studies say

AI is poised to drive a doubling in data center electricity demand by 2030, studies say

AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to…

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California ISO Greenlights Transmission Plan for Offshore Wind Integration

California ISO Greenlights Transmission Plan for Offshore Wind Integration May 24, 2024 The California Independent System Operator (CAISO) has approved the 2023-2024 Transmission Plan that identifies and plans for key upgrades to California’s transmission system to deliver power from offshore wind turbines to the state’s homes and businesses. CAISO unveiled…

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FERC adopts sweeping transmission planning regulations with the aim of speeding projects

FERC adopts sweeping transmission planning regulations with the aim of speeding projects

FERC adopts sweeping transmission planning regulations with the aim of speeding projects Energize Weekly, May 22, 2024 The Federal Energy Regulatory Commission (FERC) adopted a sweeping new regulation, on May 13, aimed at spurring the planning and construction of new transmission lines to meet the growing needs of the nation’s…

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Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum

Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum May 14, 2024 President Joe Biden slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment on Tuesday, taking potshots at Donald Trump along the way as he embraced a strategy that’s increasing…

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AI could drive a natural gas boom as power companies face surging electricity demand

AI could drive a natural gas boom as power companies face surging electricity demand MAY 5 2024 Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle to meet alone. After a…

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New cybersecurity center to protect grids integrated with renewables, microgrids

New cybersecurity center to protect grids integrated with renewables, microgrids 23-Apr-2024 Bringing renewable energy to the power grid raises all kinds of “internet-of-things” issues, said Iowa State University’s Manimaran Govindarasu. That’s because “everything is connected,” said the Anson Marston Distinguished Professor in Engineering. Solar inverters are connected to the internet.…

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Bureau of Land Management finalizes rules for renewable energy projects on public lands

Bureau of Land Management finalizes rules for renewable energy projects on public lands April 15, 2024 The U.S. Bureau of Land Management (BLM) recently published its final rules regarding leasing and rental rates for renewable energy projects on public lands. The new rules will reduce rents and fees for renewable…

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