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…
Misinformation is derailing renewable energy projects across the United States MAR, 28 2022 On a winter night in early 2016, Jeremy Kitson gathered in his buddy’s large shed with some neighbors to plan their fight against a proposed wind farm in rural Van Wert County, Ohio. The project would be…
Xcel wants to close power plant near Pueblo barely a decade after going into operation Mar 27, 2022 The Colorado Public Utilities Commission tabled a request by Xcel Energy to once again shorten the operating life of the Comanche power station’s Unit 3 near Pueblo, the last of three generating…
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…
Biden warns the private sector that Russia is exploring options for cyberattacks March 21, 2022 President Biden warned on Monday that Russia is exploring the possibility of waging potential cyberattacks against the United States in retaliation for economic penalties imposed on Moscow for the invasion of Ukraine. Read more
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…
Judge wants more research on plan to shut down J.H. Campbell Power Plant Mar 11, 2022 A Michigan judge is recommending Consumers Energy and the Michigan Public Service Commission do more research before signing off on the utility company’s plan to completely shut down the J.H. Campbell Power Plant in…
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…
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…
Russian invasion of Ukraine and West’s economic sanctions roil global energy markets Energize Weekly, March 9, 2022 The Russian invasion of Ukraine and the broad sanctions by western nations in its wake are roiling energy markets from Europe to Asia and may lead to structural changes in regional and global…
Rocky Mountain states to team up on hydrogen tech proposal February 24, 2022 Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Thursday. Colorado,…
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…
‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Rush February 22, 2022 When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated…
New clean generation technology is needed for the West to achieve 100 percent clean electricity Energize Weekly, February 16, 2022 The West could run on 90 percent clean electricity by 2040 with existing renewable generation and storage, but to get to 100 percent, new, clean generation filling the same baseload…
Texas’ grid held up this time with enough extra capacity to power 3 million homes February 6th 2022 As this latest arctic blast hit the state, the power for most of Texas stayed on as the grid stayed steady. “The power grid continues to perform well at peak demand during…
Texas grid operator warns electricity demand could near records during cold snap 01/30/22 A cold weather front next week could trigger near record-setting levels of electric demand in Texas, which last winter saw days-long power outages impacting millions in the state, according to the state’s grid operator. Read more
PJM seeks reserve market rehearing from FERC, proposes capacity auction schedule 24 Jan 2022 PJM Interconnection has asked the Federal Energy Regulatory Commission for a rehearing in its reserve market proceeding because a recent FERC order departs, without adequate explanation, from prior findings that resource procurement costs to alleviate power…
A rise in U.S. renewable generation to reduce fossil-fuel electricity in coming years Energize Weekly, January 26, 2022 Generation from renewable energy sources, primarily wind and solar, will reduce fossil-fuel generation over the next two years in the U.S., even as the country’s energy-related carbon dioxide emissions are set to…
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…
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…
Western and Midwestern grids may face supply shortfalls as early as this summer, NERC says Energize Weekly, January 12, 2022 The Midwest and Western grids could face shortfalls in electricity supply and generating capacity as early as this summer as baseload plants retire and weather-related disruptions become more common, according…
Renewable and coal-fired power generation surge in 2021 led by India and China Energize Weekly, December 22, 2021 The global profile for electricity generation in 2021 is a tale of surging old and new power as both renewable energy and coal-fired generation are set to reach record highs, according to…
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…
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…
New York State OKs transmission projects to bring clean energy to New York City Energize Weekly, December 8, 2021 Setting the stage for its biggest transmission initiative in 50 years, New York State has struck agreements for two high-tension lines to bring more than 2 gigawatts of wind, solar and…
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.…
Northeast grid rules could make or break clean energy 11/22/2021 New England’s grid operator is considering an overhaul of regional power market rules that could determine whether Northeast states meet their clean energy goals, creating uncertainty in a region pivotal for reaching President Biden’s push for 100 percent clean electricity.…
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…
‘We could handle it right now’ — AEP chief says U.S. power grid can sustain influx of EVs NOV 12 2021 The U.S. power grid will be able to handle the influx of electric vehicles in the coming years, American Electric Power CEO Nick Akins told CNBC on Friday. Read more
A New Generation of Nuclear Reactors Could Hold the Key to a Green Future NOVEMBER 16, 2021 On a conference-room whiteboard in the heart of Silicon Valley, Jacob DeWitte sketches his startup’s first product. In red marker, it looks like a beer can in a Koozie, stuck with a crazy…
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.…
New NARUC-DOE reports highlight economic implications of energy transition, means to negate fossil fuel retirement effects November 01, 2021 Two reports issued by the National Association of Regulatory Utility Commissioners (NARUC) Center for Partnerships & Innovation (CPI) and the U.S. Department of Energy (DOE) Carbon Capture, Utilization and Storage Partnership…
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.…
State, federal actions show growing push for a nuclear role in reaching net zero emissions Sept. 28, 2021 Nuclear power advocates are increasingly emphasizing the value of existing but financially struggling U.S. nuclear plants in curbing carbon emissions and addressing climate change. Read more
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
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 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…
Los Angeles City Council approves transition to clean, carbon-free energy by 2035 September 3rd, 2021 In a unanimous vote, the Los Angeles City Council yesterday (September 1) approved a motion introduced by Councilmembers Paul Krekorian and Mitch O’Farrelll requiring that 100 percent of the city’s electricity come from clean, zero carbon energy by 2035. Read…
Clean power capacity surges in second quarter marked by a record rise in energy storage Energize Weekly, September 1, 2021 A record-breaking 5,620 megawatts (MW) of clean power capacity was installed in the second quarter of 2021 with battery storage becoming a bigger portion of the mix, according to an…
PSEG Agrees to Sell PSEG Fossil Generating Portfolio to ArcLight Capital Aug 12, 2021 Public Service Enterprise Group (PSEG) has entered into an agreement to sell its 6,750-megawatt fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC…
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.…
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…
Incentives, reliability concerns spur adoption of home solar+storage, but not economics Energize Weekly, August 4, 2021 The twinning of residential solar arrays and batteries, which rose from near zero in 2016 to about 550 megawatts (MW) of combined storage by 2020, is being driven by government and utility incentives and…
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…
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 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…
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 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 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…
IOUs cut carbon emissions in 2020, though the footprint remains big for some Energize Weekly, June 30, 2021 Coal-fired generation and carbon emissions are down among the largest investor-owned utilities, but even with sharp drops in emissions, the carbon footprint for some companies remains large, according to survey data from…
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