Developers set to add 44 gigawatts of new generation to the U.S. grid, EIA says Energize Weekly, August 17, 2022 Fifteen gigawatts (GW) of new utility-scale electric generating capacity were added to U.S. grid in the first half of 2022, with another 29 GW projected to come online by year’s…
Climate bill cuts carbon emissions and inflation while boosting economy, studies say Energize Weekly, August 10, 2022 The climate, healthcare and budget bill passed by the U.S. Senate Aug. 7 will help curb both greenhouse gas emissions and inflation while providing a modest boost to the economy, according to three…
3 issues to watch as heat strains the grid 08/01/2022 From the Pacific Northwest to coastal New England, millions of Americans have endured sweltering temperatures in recent weeks, driving record energy consumption and offering a snapshot of emerging risks facing the nation’s power system. While grid operators say the electricity…
US power system, PJM reliability storm clouds loom amid transition: exec 01 Aug 2022 PJM Interconnection could be heading for power system reliability issues as coal-fired power generation continues to retire, little to no new natural gas-fired power plants are likely to be built, and most incremental capacity comes from…
North American power grid faced extreme weather and cyberattack risks in 2021 Energize Weekly, July 27, 2022 The North American electric grid faced unprecedented challenges from severe weather, cyberattacks and problems with natural gas supplies in 2021, but with except one exception – in Texas – utilities and grid operators…
Experts Concerned Texas Power Plants Will Start to Die Amid Heat Wave JUL 17, 2022 The power grid in Texas is not doing okay. Crypto mining rigs shut down earlier this week to prevent blackouts and price hikes, and now, experts are worried the state’s power plants won’t be able…
Q2 oil and gas mergers and acquisitions hit by volatile equity and commodity markets Energize Weekly, July 20, 2022 Oil and gas sector mergers and acquisitions (M&A) buffeted by market volatility slipped in the second quarter of 2022 to $12 billion – an 18 percent decline from the first quarter…
U.S. Supreme Court ruling won’t change coal’s downward trend in the power sector Energize Weekly, July 13, 2022 The U.S. Supreme Court’s ruling limiting federal regulation of power plant greenhouse gas emissions will not do much to reverse the decline of coal-fired generation or greenhouse gas emissions, according to two…
Fossil-fuel electric generation challenged in Texas heat wave, raising reliability questions Energize Weekly, July 6, 2022 An early season heat wave in May tested the Texas grid, raising questions about the relation of baseload, fossil-fuel generation to wind and solar, according to analysis by the Institute for Energy Economics and…
Wisconsin coal plants to keep running amid reliability, supply chain concerns Jun 24, 2022 Three of Wisconsin’s largest coal-fired power plants will continue operating for at least another two years. Alliant Energy and the WEC Energy Group each announced plans Thursday to delay previously announced retirements of the Columbia Energy…
Oil and gas production rising in the Permian Basin in the face of mounting costs Energize Weekly, June 29, 2022 Oil and gas production in Texas and New Mexico – the most productive U.S. fields – increased in the second quarter of 2022, even as operators face rising costs and…
Ameren aims to charge customers for closure of Rush Island coal plant June 21, 2022 The costs to close the region’s second-largest power plant, after decades of Clean Air Act violations, are rising. Electric utility Ameren has proposed the construction of $244 million in electric lines and other upgrades before…
New York grid operator sees generating margins shrinking, increased reliability risks Energize Weekly, June 22, 2022 The buffer of extra generating capacity – the reserve or reliability margin – is shrinking in New York State as fossil-fuel plants retire faster than renewable sources are being added, according to an assessment…
Georgia Power retiring some coal units this year but backing off on battery storage Jun 13, 2022 Georgia Power would retire two coal-burning units and two gas-fired turbines at two power plants by the beginning of August under an agreement filed with the state Public Service Commission (PSC) Monday. But…
U.S. LNG exports soar as Europe scrambles to fill gap left by Russian cutback Energize Weekly, June 15, 2022 Exports of U.S. liquified natural gas (LNG) to Europe soared in the first four months of 2022 and are poised to grow even more as the European Union (EU) scrambles to…
Natural Gas Price Forecast – New Highs Ahead June 6, 2022 Natural gas prices have moved back towards yearly highs as the bullish trend remains strong. The solid demand for energy in the U.S. and worldwide continues to push energy prices higher, so traders may soon push natural gas prices…
Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis 07 June 2022 Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement…
Here’s what has to happen before CPS Energy can shut down its last coal plant June 6, 2022 In recent months, and with San Antonio facing stricter air quality regulations, calls to diversify CPS Energy’s generation portfolio and speed up the closure of the J.K. Spruce coal-burning power plant have…
Duke Energy Wants to Quit Coal Early, But Regulators Say No May 26, 2022 Duke Energy Corp. planned to close its last six coal power plants in the Carolinas by 2030 to accelerate the company’s carbon-cutting goals. South Carolina regulators said no—ordering the US utility to keep the plants open…
NYSEG and RG&E Announce “Reliable Energy New York” Plans May 26, 2022 Today, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), subsidiaries of AVANGRID, Inc. (NYSE: AGR), announced the companies have filed proposed changes to delivery rates with the New York State Public Service Commission…
G7 decide to “predominantly” decarbonise grid by 2035, but drop 2030 coal exit date 29 May 2022 The environment, climate and energy ministers of the Group of Seven western industrialised states (G7) have agreed to largely decarbonise their electricity sectors within 13 years. Following their meeting in Berlin, the ministers…
Gas generation down across US West this spring as renewable capacity grows 23 May 2022 Recent growth in renewable generating capacity across the Western US is putting downward pressure on gas-fired power burns this spring in a trend that’s only likely to accelerate in the years ahead. Read more
West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire Energize Weekly, May 25, 2022 The West and Midwest U.S. risk severe electricity shortfalls this summer due to high temperatures, drought, severe storms and wildfire – all driven by a changing climate, according to the North…
Nuclear plant owner Talen Energy Supply files for bankruptcy May 11, 2022 Talen Energy Supply, the owner of the Susquehanna nuclear power plant in Salem Twp., has filed for Chapter 11 bankruptcy. The Woodlands, Texas-based company, a unit of Talen Energy Corp. which runs 18 power generation facilities, filed for…
High pump prices the result of a suite of market issues and not simply price gouging, study says Energize Weekly, May 18, 2002 Oil companies have been in the crosshairs of lawmakers for either price gouging or not producing enough oil as gasoline pump prices have soared, but a new…
California Power Officials Warn of Power Shortfalls This Summer Amid Increasing Strain from Climate Change May 6, 2022 California power regulators are warning of power shortages and possible blackouts this summer as the state’s electrical grid faces increasing strain from drought and extreme heat. “We know reliability is going to…
BPUB customers to see higher bills as program ends May 8, 2022 After getting the go-ahead from the Brownsville City Commission on May 3, the Brownsville Public Utility Board announced on May 4 that it will be updating its electric, water and wastewater rates. Read more
Power demand to grow in Tennessee Valley as economy electrifies, TVA CEO says April 28, 2022 Tennessee will soon become the No. 1 state for electric vehicle production as part of a power shift that could nearly double electricity demand in the Tennessee Valley over the next three decades, the…
Renewable generation making major inroads on the grid in Texas and California Energize Weekly, May 4, 2022 The steady increase in renewable energy generation – primarily wind and solar – is beginning to show signs of dramatically impacting electric grids around the country as it claims a larger and larger…
Pennsylvania to join Regional Greenhouse Gas Initiative Apr 22, 2022 After more than 2 years in legal and legislative battles, Pennsylvania is poised to become the twelfth state to join the carbon-cutting effort known as the Regional Greenhouse Gas Initiative. A Commonwealth Court failed to block the state’s publishing of…
Consumers Energy settles with stakeholders over Clean Energy Plan, pledges coal elimination by 2025 April 22, 2022 After agreeing to a settlement with key stakeholders, Consumers Energy announced this week that, as part of its Clean Energy Plan, it will cease using coal as a fuel source for electric generation…
PG&E makes property tax and franchise fee payments to cities and counties 21 APRIL 2022 Pacific Gas and Electric Co. reported this week on the property tax payments it is making to cities and counties this month. The company, which serves more than 16 million Californians, is paying property taxes…
Higher prices and oil market uncertainty spur record activity in the Permian Basin Energize Weekly, April 20, 2022 In a response to high oil prices, rising demand and supply concerns in international oil markets, monthly drilling permits for new wells in the Permian Basin hit a record in March, according…
Compute North breaks ground on 300MW data center in Granbury, Texas April 12, 2022 Compute North is building a 300MW data center at a gas-fired power plant in Texas. The blockchain & HPC data center firm has announced that construction is underway to build a 300MW data center next to…
Cybersecuring the Pipeline April 12, 2022 On May 7, 2021, Colonial Pipeline, which operates the largest fuel pipeline system in the United States, disclosed that it had suffered a cyberattack. Its business systems had been infected with ransomware, malicious software that locks systems until a ransom is paid, usually in…
Covid-19 boost in green spending still not enough, IEA says 04/12/2022 The world’s wealthiest countries are rapidly boosting spending on clean energy, but lower-income nations are struggling to do the same, with higher food and fuel prices bearing down on their already limited finances. The widening gap could challenge the…
Public Service Commission approves natural gas-fired power plant near Wausau that was opposed by consumer and environmental groups March 31, 2022 The Public Service Commission on Thursday approved a controversial $171 million gas power plant near Wausau from Milwaukee and Green Bay utilities. The new facility, proposed by We Energies…
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 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…
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…
Natural gas power plant project for eastern Va. is scrapped Mar 21, 2022 A natural gas power plant project in eastern Virginia has been scrapped, a month after plans for a pipeline running through five counties to fuel it were put on hold following a regulatory ruling, and amid opposition…
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…
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…
U.S. natural gas production and LNG exports projected to rise as foreign markets grow Energize Weekly, March 16, 2022 Natural gas production in the U.S. is poised to increase through 2050, spurred by exports – with a likely rise in shipments to Europe in the wake of the Russian invasion…
End of an Era: State’s Oldest Coal Power Plant Shifts Gears March 5, 2022 On Thursday, Feb. 22, 2022, when the clock struck 9:41 p.m., it marked “the end of an era” for Heskett Station, as workers there described it. It was the last time North Dakota’s oldest coal-fired power plant…
NorthWestern Energy commits to net zero carbon emissions by 2050 March 07, 2022 NorthWestern Energy last week became the latest energy company to announce a net zero carbon emissions goal, pledging to neutral out its emissions production by 2050, though cautioning it would need policy and regulatory support to achieve…
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…
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 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…
Global methane emissions seriously under reported, IEA analysis finds Energize Weekly, March 2, 2022 Global energy sector methane emissions are an estimated 70 percent higher than the figures reported by countries to the United Nations, according to the International Energy Agency (IEA). Nations report emissions to the United Nations Framework…
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