Nuclear plant owner Talen Energy Supply files for bankruptcy

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…

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California Power Officials Warn of Power Shortfalls This Summer Amid Increasing Strain from Climate Change

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…

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We Energies seeks rate plan to fund clean energy investments, grid hardening

We Energies seeks rate plan to fund clean energy investments, grid hardening May 02, 2022 We Energies proposed a new rate plan to the Public Service Commission of Wisconsin (PSCW) last week, potentially raising customers’ rates for electricity, natural gas and steam next year to pay for a large-scale clean…

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PG&E makes property tax and franchise fee payments to cities and counties

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…

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U.S. Is Set to Launch a $6 Billion Effort to Save Nuclear Plants

U.S. Is Set to Launch a $6 Billion Effort to Save Nuclear Plants Apr 18, 2022 The Energy Department is expected to provide details as soon as Monday on a $6 billion program aimed at keeping uneconomical nuclear plants in service, providing a lifeline to an industry that’s seen a…

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California utility to pay $55 million for massive wildfires

California utility to pay $55 million for massive wildfires April 11, 2022 Pacific Gas & Electric, the nation’s largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years of…

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Surging electric bills threaten Calif. climate goals

Surging electric bills threaten Calif. climate goals 04/05/2022 Millions of Californians pay among the highest prices in the nation for electricity, a potential threat to the state’s plans to electrify cars and homes as it battles climate change. Surging electricity prices of the three biggest utilities in the Golden State…

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UN report on climate crisis confirms the world already has solutions – but politics are getting in the way

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…

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Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases

Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases

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…

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California issued wildfire safety certifications to utilities despite ‘serious deficiencies’: audit

California issued wildfire safety certifications to utilities despite ‘serious deficiencies’: audit March 28, 2022 California’s Office of Energy Infrastructure Safety awarded the state’s utilities wildfire-related safety certifications for 2020 despite “serious deficiencies” in their fire mitigation plans, according to a report from the state’s auditor. Read more

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Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures

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…

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The SEC wants companies to disclose how climate change is affecting them

The SEC wants companies to disclose how climate change is affecting them March 21, 2022 Every year, public companies in the U.S. are required to provide investors and regulators with detailed data about their financial performance and the risks they face. Soon, they may also have to disclose information about…

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Supply chain problems and rising prices are pinching the U.S. solar industry

Supply chain problems and rising prices are pinching the U.S. solar industry

Supply chain problems and rising prices are pinching the U.S. solar industry Energize Weekly, March 23, 2022 Facing supply chain problems and rising prices, the U.S. solar industry delayed about a third of its utility-scale capacity in the fourth quarter of 2021, and installations are projected to be down in…

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Kauai Quit Using Oil To Produce Most Of Its Electricity Years Ago. That’s Paying Off Now

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…

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What the Russia crisis means for U.S. electricity mix

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…

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Cyber insurance premiums soar for energy companies

Cyber insurance premiums soar for energy companies Feb. 18, 2022 Cyber insurance rates are rising because of geopolitics, ransomware, a growing threat to operational technology, and continued fallout from last year’s Colonial Pipeline attack, say experts. Read more

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Former Ohio regulator linked to $4M payoff directed agency to limit response to FirstEnergy corruption

Former Ohio regulator linked to $4M payoff directed agency to limit response to FirstEnergy corruption February 15, 2022 Newly produced documents show that Sam Randazzo, former chair of the Public Utilities Commission of Ohio, came up with the idea to let FirstEnergy show it didn’t use ratepayer money for House Bill…

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Peco parent Exelon completes spinoff of its power generation business

Peco parent Exelon completes spinoff of its power generation business Feb 2, 2022 Exelon Corp. on Wednesday completed its separation into two companies: a new generation and marketing business that owns the nation’s largest fleet of nuclear power plants, and a Chicago-based utility giant whose operations include Peco, Atlantic City…

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After a record-breaking 2021, Global EV sales are set for another surge in 2022

After a record-breaking 2021, Global EV sales are set for another surge in 2022

After a record-breaking 2021, global EV sales are set for another surge in 2022 Energize Weekly, February 9, 2022 After a record-breaking 2021, global electric passenger vehicle (EV) sales are poised to surge again in 2022, reaching 10.5 million, a nearly 60 percent annual increase, according to new analyses of…

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Cleantech investments soar to a record $755 billion in 2021, BNEF says

Cleantech investments soar to a record $755 billion in 2021, BNEF says

Cleantech investments soar to a record $755 billion in 2021, BNEF says Energize Weekly, February 2, 2022 A record $755 billion was invested in energy-transition technologies in 2021 – a 27 percent increase over 2020, according to energy consultant BloombergNEF (BNEF). In addition, climate-tech companies raised $165 billion in equity…

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Energy and Commerce Committee leaders seek information from TVA on business practices

Energy and Commerce Committee leaders seek information from TVA on business practices January 17, 2022 Members of the House Energy and Commerce Committee are seeking information from Tennessee Valley Authority (TVA) on its lack of deployment of renewable energy and other business practices. Specifically, the lawmakers are concerned that TVA…

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Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses

Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses January 7, 2022 More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims and approximately…

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Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service

Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service January 7, 2022 Today Evergy submitted a detailed rate review to the Missouri Public Service Commission (MPSC). The requested rate adjustment reflects investments to improve reliability, enhance customer service and enable the company’s transition to cleaner energy…

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ERCOT says generation, transmission ready for winter following on-site inspections

ERCOT says generation, transmission ready for winter following on-site inspections 30 Dec 2021 Generation and transmission facilities in the Electric Reliability Council of Texas market are ready for winter, ERCOT said Dec. 30 after inspecting more than 300 generation units and 22 transmission facilities representing 85% of the megawatt hours…

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Exelon separation moves forward, with New York Public Service Commission approval

Exelon separation moves forward, with New York Public Service Commission approval December 20, 2021 Exelon Corp. announces that the New York State Public Service Commission has approved a unanimous settlement agreement that allows Exelon to move forward with its plan to separate into two companies in the first quarter of 2022. Read…

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Cincinnati, Columbus settle civil claims related to FirstEnergy bailout

Cincinnati, Columbus settle civil claims related to FirstEnergy bailout December 14, 2021 The cities of Cincinnati and Columbus have dismissed their state court claims against FirstEnergy and Energy Harbor for the companies’ actions relating to House Bill 6, the nuclear and coal bailout law at the heart of a $60…

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California Community Choice Financing Authority issues first municipal clean energy bonds

California Community Choice Financing Authority issues first municipal clean energy bonds DECEMBER 6, 2021 California’s first municipal non-recourse Clean Energy Project Revenue Bonds issued today are valued at over $2 billion for thirty-year terms. The two separate bond issuances support the purchase of clean electricity to serve over 2.5 million…

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U.S. grid ready for winter, NERC says, New England and California may face fuel pinch

U.S. grid ready for winter, NERC says, New England and California may face fuel pinch

U.S. grid ready for winter, NERC says, New England and California may face fuel pinch Energize Weekly, December 1, 2021 Winter electricity-generating resources across the North American grid are forecast to be adequate, although weather and fuel access issues may create challenges for New England, California and parts of Canada.…

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PJM members flag power price formation, transmission planning concerns to board

PJM members flag power price formation, transmission planning concerns to board 22 Nov 2021 PJM Interconnection’s management board recently met with representatives of each of the five power industry sectors who raised concerns regarding energy market rule changes increasing power prices, resource adequacy, transmission regulation, and other issues. Read more

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EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025

EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025

EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025 Energize Weekly, November 24, 2021 A booming global electric vehicle (EV) market is forecast to post more than 7 million in sales of battery-electric and hybrid plug-in cars in 2021, double…

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Infrastructure bill offers a $30 billion down payment on upgrading the nation’s grid

Infrastructure bill offers a $30 billion down payment on upgrading the nation’s grid

Infrastructure bill offers a $30 billion down payment on upgrading the nation’s grid Energize Weekly, November 17, 2021 The federal infrastructure bill signed by President Joe Biden this week, includes a nearly $30 billion down payment in grants and loan authorities to upgrade the nation’s aging and challenged electric grid.…

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Virginia GOP targets clean energy law, but options for rollback are limited

Virginia GOP targets clean energy law, but options for rollback are limited November 9, 2021 Newly emboldened Virginia Republicans are vowing to roll back the state’s landmark clean energy reforms enacted by Democrats over the last two years. Read more

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Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age

Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age Nov. 1, 2021 Federal regulators have embarked on a new era of relicensing that could eventually enable Washington’s Columbia Generating Station and many other…

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Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions

Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions

Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions Energize Weekly, November 3, 2021 Clean tech investment, from both the public and private sectors, has been growing rapidly in 2021, but it still may not be fast enough to alter global emissions…

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Congress eyes $235B in clean energy subsidies. Here they are

Congress eyes $235B in clean energy subsidies. Here they are 10/26/2021 Congress has a long-standing aversion to climate policy. Cap and trade saw a spectacular death in 2010. A plan to pay utilities for selling more clean electricity was axed this month. And proposals to tax carbon dioxide emissions never…

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Two Norway wind farms lose license in landmark ruling over indigenous rights

Two Norway wind farms lose license in landmark ruling over indigenous rights October 11, 2021 Norway’s supreme court stripped two wind farms of their operating licenses on Monday in a case that could boost the legal rights of the country’s indigenous Sami people. Read more

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CMP, public power backers locked in war to weaken each other’s 2022 referendum bids

CMP, public power backers locked in war to weaken each other’s 2022 referendum bids October 11, 2021 Supporters and opponents of establishing a consumer-owned utility in Maine both made changes to their ballot initiatives in the past week in attempts to render the other ineffective ahead of a possible referendum fight…

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Duke Energy complaints rise ahead of company’s decision to extend disconnection ban

Duke Energy complaints rise ahead of company’s decision to extend disconnection ban September 30, 2021 Duke Energy announced Thursday the company will continue to avoid shutting off electricity for the most at-risk families through March of 2022.  The announcement came just a day before Duke Energy’s limited disconnection ban was set…

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PPL Corporation receives FERC approval to acquire The Narragansett Electric Company

PPL Corporation receives FERC approval to acquire The Narragansett Electric Company September 23, 2021 PPL Corporation (NYSE: PPL) today received unanimous approval from the Federal Energy Regulatory Commission to acquire The Narragansett Electric Company from National Grid USA. Read more

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Utilities face greatest threat as climate risks intensify

Utilities face greatest threat as climate risks intensify 20 Sep, 2021 Climate change is pushing power, gas and water companies to the frontlines of an intensifying battle against natural disasters that is set to increasingly hit the profits of businesses around the world. Utilities face the highest combined physical risk…

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Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge

Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge Sep 14, 2021 Xcel Energy ignored numerous weather warnings when buying natural gas and failed to switch to cheaper fuel oil during the historic deep freeze in mid-February, leaving the utility helpless as spot prices spiked…

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Connexus electricity co-op wants a new power deal with Great River Energy

Connexus electricity co-op wants a new power deal with Great River Energy AUGUST 30, 2021 Connexus Energy, the largest owner of Great River Energy, wants to exit the big electricity generating co-op as a member, saying its longtime arrangement has become too costly and inflexible. Read more

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As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses

As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses AUGUST 17, 2021 State regulators will consider signing off Tuesday on a plan marking a significant shift in how cost overruns are handled for Georgia Power’s Plant Vogtle expansion, which is already billions of dollars over budget and years…

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PSEG Agrees to Sell PSEG Fossil Generating Portfolio to ArcLight Capital

PSEG Agrees to Sell PSEG Fossil Generating Portfolio to ArcLight Capital Aug 12, 2021 Public Service Enterprise Group (PSEG) has entered into an agreement to sell its 6,750-megawatt fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC…

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New Mexico customers sound alarm over major utility merger

New Mexico customers sound alarm over major utility merger Aug 10, 2021 New Mexico customers are sounding the alarm over a proposed multibillion-dollar merger of the state’s largest electric utility provider with a U.S. subsidiary of Spanish energy giant Iberdrola, citing a sordid track record of reliability and customer service.…

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