Energize Weekly, October 14, 2020 Corporate solar generating capacity continued its rapid growth in 2019 with nearly 1.2 gigawatts (GW) of new capacity – a 10 percent year-on-year increase, according to a survey by the Solar Energy Industries Association (SEIA). There is now a total of 8.3 GW of corporate solar capacity at 38,000 sites…
Energize Weekly, October 7, 2020 After trying to cut spending and debt, shale drillers are seeing a wave of red ink and increasing liability in 2020 as a result of the novel coronavirus pandemic and the weak oil and gas prices it has spawned, according to two financial analyses. In 2019, 39 oil-focused exploration and…
Energize Weekly, September 30, 2020 A growing number of investor-owned utilities (IOUs) have pledged to sharply reduce their carbon emissions or even cut them to zero, but two studies have found a gap between the pledges and those utilities’ performance. Forty-three of the country’s 55 IOUs have emission-reduction targets, and 22 have net-zero or carbon-free…
Energize Weekly, September 23, 2020 One casualty of the novel coronavirus pandemic – which will not recover – is the global oil market, according to analyses by oil major BP and consultant DNV GL. BP in its 2020 Energy Outlook projects that the market hit its peak in 2019 and “does not fully recover” from…
Energize Weekly, September 16, 2020 In a pair of September rulings, the Federal Energy Regulatory Commission (FERC) has undercut the development of clean energy projects, according to environmentalists and a dissenting commissioner. A Sept. 1, FERC decision limited the flexibility of small, renewable energy projects to get certification that assures their electricity will be bought…
Energize Weekly, September 9, 2020 Joe Biden becoming president of the U.S. could be a boost for clean energy and perhaps somewhat ironically, for oil and gas – at least in the short run. That was the conclusion of energy industry consultants Wood Mackenzie and Rystad Energy in separate analyses. While Wood Mackenzie looked at…
Energize Weekly, September 2, 2020 More than nine gigawatts (GW) of wind generating capacity – a $13 billion investment – was installed in the U.S. in 2019 as wind power output rose to 7 percent of the nation’s total electricity supply, according to a market report by the Lawrence Berkeley National Laboratory. Renewable energy investment…
Energize Weekly, August 26, 2020 The Trump administration, in the last three weeks, has announced $865 million in loans and grants to upgrade rural infrastructure – electric grids, water systems and broadband internet. The two largest programs are for water and wastewater systems – $462 million – and rural electrification – $371 million. The largest…
Energize Weekly, August 19, 2020 Projections for U.S. energy production in 2020 – from oil to natural gas to coal – continued to fall as the novel coronavirus pandemic and global recession depress economies. The U.S. Energy Information Administration (EIA) has lowered its estimate for domestic crude oil production by another 370,000 barrels a day…
Energize Weekly, August 12, 2020 Many countries have announced ambitious climate goals to bring their economies to net-zero carbon emissions by 2050, but the technologies needed to cut emissions in areas like shipping and steelmaking don’t exist and may take decades to bring to market, according to the International Energy Agency (IEA). The IEA report…
Energize Weekly, August 5, 2020 The economic pressure on coal-fired power plants in the U.S. continues to grow with virtually the entire fleet out of the money compared to wind and solar generation by 2025, according to an analysis by Energy Innovation, a clean energy think tank. The study, done in conjunction with Vibrant Clean…
Energize Weekly, July 29, 2020 New York State announced two big clean energy initiatives in July – the largest in the nation solicitation for 4 gigawatts (GW) of renewable generation and a plan to build 110,000 electric vehicle (EV) charging stations. The New York Public Service Commission approved a plan on July 16 to allow…
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