Energize Weekly, July 31, 2019 After more than two years of sometimes acrimonious negotiations, fights before a state utilities commission and lawsuits, the Tri-State Generation and Transmission Association has agreed to terms allowing one of its rural Colorado cooperatives to leave next year. Four days after filing the agreement with Colorado Public Utilities Commission (CPUC),…
Energize Weekly, July 10, 2019 Tri-State Generation and Transmission Association is going ahead with its deliberations on moving from state to federal regulatory oversight even as one of its rural Colorado electric cooperatives has gone to court to block the action. Tri-State’s decision to seek regulation by the Federal Energy Regulatory Commission (FERC) has also…
Energize Weekly, May 29, 2019 After a three-year slide, global energy investment stabilized in 2018 at just more than $1.8 trillion dollars—as spending on oil, natural gas and coal increased, the International Energy Agency (IEA) said. Investments in renewable generation and energy efficiency, however, stalled in 2018, according to the IEA’s World Energy Investment 2019…
Energize Weekly, April 24, 2019 Among the economic threats posed by climate change are risks to municipal bonds, commercial real estate investments and the utility sector, according to an analysis by BlackRock and the Rhodium Group. “Our work with Rhodium Group shows a rising share of U.S. metropolitan statistical areas (MSAs) will likely be hit by climate…
Energize Weekly, April 3, 2019 Nearly three-quarters of the nation’s coal-fired electric generation could be matched or undercut on cost by local wind and solar installations, according to analysis by Energy Innovation and Vibrant Clean Energy. The report projects that the portion of the coal-fired fleet economically challenged by renewable generation will grow from 211…
Energize Weekly, March 20, 2019 Faced with a growing number of coal plant closures, some states are looking at the use of securitized bonds to soften the financial impact. New Mexico and Colorado already have legislation to create such bonds. “Securitized bonds are a way to avoid a rate shock and benefit from lower rates…
Energize Weekly, September 12, 2018 Utility and power sector deals globally hit a record $180 billion in the first half of 2018, spurred by industry consolidation and renewable energy investments, according to a report by Ernst & Young (EY). The accounting and consulting firm’s second quarter “Power Transactions and Trends” report shows record investment even…
Energize Weekly, August 8, 2018 Community banks and regional financial institutions are becoming a bigger force in the financing of residential and small commercial solar installations, according to a study by the National Renewable Energy Laboratory (NREL). These community banks and credit unions represent a new source of capital for small-scale photovoltaic (PV) projects, and…
Energize Weekly, July 25, 2018 Blockchain—the decentralized digital ledger most often linked to cryptocurrencies—could have a major impact in managing rooftop solar, electric vehicle charging and energy trading, according to an analysis by the Energy Futures Initiative (EFI). The EFI study estimates there has already been $100 million to $300 million invested in more than…
Energize Weekly, July 25, 2018 Global energy investment dropped 2 percent in 2017 to $1.8 trillion in 2017—a sign it is “failing to keep up with energy security and sustainability goals,” according to the International Energy Agency (IEA). It was the third consecutive year of declines in global investment with the power sector accounting for…
Energize Weekly, July 11, 2018 Swiss Re, the world’s largest reinsurer, said that it will no longer provide services to companies with a more than 30 percent exposure to thermal coal. The thermal coal policy applies to existing and new thermal coal mines and power plants, and will be implemented across all lines of business,…
Energize Weekly, June 27, 2018 Moody’s Investors Service has downgraded the U.S. regulated utility sector to negative from stable due to lower cash flows and the highest debt leverage since 2008 as a result of changes to the federal tax laws. While steps are being taken by some regulators and companies to deal with the…