By - Jim Vess

Global energy investment plunges, another victim of the coronavirus pandemic, IEA says

Energize Weekly, June 3, 2020 Energy investment across the world has suffered an unparalleled 20 percent decline, equal to $400 billion, in 2020, as a result of the novel coronavirus pandemic, according to the International Energy Agency (IEA). The IEA had projected an increase of 2 percent in global energy investment for the year, which would have been the biggest

By - Jim Vess

Tri-State and United Power fighting in court and before state and federal regulators

Energize Weekly, May 13, 2020 A new front was opened last week in the battle between Tri-State Generation and Transmission Association and some of its electric cooperatives, as United Power, its largest member, filed a complaint in a Colorado district court charging subterfuge and breach of contract. Meanwhile on May 18, hearings will open at the Colorado Public Utilities Commission

By - Jim Vess

Xcel Energy proposes TOU rates for all Colorado residential customers

Energize Weekly, March 4, 2020 Time-of-use electricity rates are increasingly being seen as a valuable tool in reducing peak demand and managing renewable energy generation – but concerns are being voiced over their impact on low-income and elderly customers. Xcel Energy is seeking to shift all of its 1.2 million Colorado residential customers to summer time-of-use rates and the move

By - Jim Vess

New York State pension plan looks at divesting from coal mining companies in its portfolio

Energize Weekly, February 5, 2020 The New York State Common Retirement Fund – the third largest public pension plan in the country – said it may divest from any of the 27 thermal coal companies in its portfolio which it deems are not taking steps to “transition to a sustainable business model.” “Investors who fail to face the risks and

By - Jim Vess

Westar drawing takeover interest from Ameren, Berkshire Hathaway

Energize Weekly, April 13, 2016 A diverse range of investors have expressed interest in acquiring Kansas utility Westar Energy, including rival utility Ameren Corp., a Canadian investor consortium, and the Warren Buffet-led conglomerate Berkshire Hathaway, among others. Westar is considering a sale amidst a flurry of merger and acquisition activity in the U.S. power sector this year.  To offset lackluster

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