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Texas Renewable Energy Co-op gets wholesale bids at less than 3 cents a kilowatt-hour

Energize Weekly, May 8, 2019 The Texas Renewable Energy Co-op (TREC) has received wholesale electricity bids for less than 3 cents a kilowatt-hour on 12-year contracts for its public non-profit participants, such as municipal and state agencies. The bidding process was managed by the Texas Energy Aggregation (TEA), which was created in 2002 to improve…

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Montana legislative effort to prop up the coal-fired Colstrip power plant stalls

Energize Weekly, May 8, 2019 Last-minute efforts to bail out the Colstrip coal-fired power plant and keep it running stalled in the Montana legislature as the session ended April 26. The Colstrip bill was defeated in the Montana House of Representatives April 16 on a 60-to-37 vote. The Republican sponsors then tried to find a…

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MidAmerican Energy sets one-day record for wind energy, covers all of retail demand

Energize Weekly, May 8, 2019 MidAmerican Energy hit a one-day record for wind generation in April, producing enough electricity to serve 100 percent of its retail customers’ needs with renewable energy. The Des Moines-based utility—which serves 783,000 electric customers in Iowa, South Dakota and Illinois—generated 11,500 megawatt-hours (MWh) on April 10, 8.5 percent better than…

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Massachusetts approves first offshore wind project south of Martha’s Vineyard

Energize Weekly, May 1, 2019 Massachusetts’s first offshore in project, two 400-megawatt (MW) installations in an area south of Martha’s Vineyard, has been given a green light by state regulators. The project by Vineyard Wind, which will sell its electricity to four distribution utilities, was approved by the Massachusetts Department of Public Utilities (DPU). The…

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Coal plant closure moving west into areas with strong renewable energy resources, says BTU Analytics

Energize Weekly, May 1, 2019 The battle over coal-fired power plants and renewable energy is moving west, according to analyses by BTU Analytics, a Lakewood, Colo.-based energy consultant. About 81 gigawatts of coal-fired capacity has been closed at 696 units at 360 plants since 2008. In the early years, most of the closures were in…

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Small, net-meter wind turbine capacity growth led by a tripling in the Northeast

Energize Weekly, May 1, 2019 Small wind turbines—at homes, farms and businesses—have increasingly been plugging into the grid and getting paid for the electricity they put on the wires—with the fastest growth in the Northeast. Net metering, which enables homeowners and commercial customers to be credited for electricity they put on the gird, has been…

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U.S. ethanol exports set a record with Brazil and Canada as the two biggest markets

Energize Weekly, May 1, 2019 U.S. fuel ethanol exports rose 23 percent year-on-year to 112,000 barrels a day in 2018—an all-time record, according to the federal Energy Information Administration (EIA). At the same time, U.S. fuel ethanol imports were down 30 percent to less than 4,000 barrels a day in 2018, leaving the U.S. a…

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Western states move on clean energy and carbon emissions reductions

Energize Weekly, May 1, 2019 A push for clean electricity is sweeping western states with a burst of activity last week as Washington and Nevada adopted new standards and Colorado moved closer to approving a 100 percent net-zero-carbon target for 2050. California last September set a net-zero-carbon target by 2045. In March, New Mexico Gov.…

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U.S. wind installations up in 4Q of 2018 with total capacity for the year at 96,488 MW

Energize Weekly, April 24, 2019 A total of 5,944 megawatts (MW) of wind turbines were installed in the U.S. in the fourth quarter of 2018, the third highest quarter on record, bringing total installed capacity for the year to 96,488 MW, according to the American Wind Energy Association (AWEA). A big driver was corporate and…

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2019 summer retail gasoline prices slated to be lower than last summer’s, EIA says

Energize Weekly, April 24, 2019 The average summer retail price for regular-grade gasoline in the U.S. will be about 3 percent lower in 2019 than in 2018 at $2.76 a gallon, according to the federal Energy Information Administration (EIA) Summer Fuels Outlook. The cost of gasoline is primarily driven by the cost of crude oil…

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Vermont’s Green Mountain Power sets a goal of 100 percent renewable energy by 2030

Energize Weekly, April 24, 2019 Vermont’s largest utility, Green Mountain Power, has set a goal of reaching 100 percent carbon-free generation by 2025 and 100 percent renewable energy by 2030. Green Mountain, which serves 264,000 customers or about 40 percent of the state, is already 90 percent carbon-free, getting the bulk of its electricity from…

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U.S. hit a record for energy consumption in 2018 led by increases in oil and natural gas

Energize Weekly, April 24, 2019 The United States hit a record high 101.3 quadrillion British thermal units (Btu) for primary energy consumption in 2018—surpassing by three-tenths of a percent the previous high in 2007, according to the federal Energy Information Administration (EIA). Energy consumption was up 4 percent from 2017. It was the largest annual…

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