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…
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…
Georgia nuclear plant’s cost now forecast to top $30 billion
Georgia nuclear plant’s cost now forecast to top $30 billion May 8, 2022 nuclear power plant being built in Georgia is now projected to cost its owners more than $30 billion. A financial report from one of the owners on Friday clearly pushed the cost of Plant Vogtle near Augusta…
BPUB customers to see higher bills as program ends
BPUB customers to see higher bills as program ends May 8, 2022 After getting the go-ahead from the Brownsville City Commission on May 3, the Brownsville Public Utility Board announced on May 4 that it will be updating its electric, water and wastewater rates. Read more
U.S. and European EV sales climb but more chargers will be needed to sustain growth
U.S. and European EV sales climb but more chargers will be needed to sustain growth Energize Weekly, May 11, 2022 Electric vehicle (EV) sales in both the U.S. and Europe are posting strong gains, but to reach the market penetration governments are targeting – the Biden administration goal is 50…
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…
Power demand to grow in Tennessee Valley as economy electrifies, TVA CEO says
Power demand to grow in Tennessee Valley as economy electrifies, TVA CEO says April 28, 2022 Tennessee will soon become the No. 1 state for electric vehicle production as part of a power shift that could nearly double electricity demand in the Tennessee Valley over the next three decades, the…
Renewable generation making major inroads on the grid in Texas and California
Renewable generation making major inroads on the grid in Texas and California Energize Weekly, May 4, 2022 The steady increase in renewable energy generation – primarily wind and solar – is beginning to show signs of dramatically impacting electric grids around the country as it claims a larger and larger…
Pennsylvania to join Regional Greenhouse Gas Initiative
Pennsylvania to join Regional Greenhouse Gas Initiative Apr 22, 2022 After more than 2 years in legal and legislative battles, Pennsylvania is poised to become the twelfth state to join the carbon-cutting effort known as the Regional Greenhouse Gas Initiative. A Commonwealth Court failed to block the state’s publishing of…
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…
Biden administration unveils $6 billion program to keep nuclear power plants from closing
Biden administration unveils $6 billion program to keep nuclear power plants from closing Energize Weekly, April 27, 2022 The federal government has launched a $6 billion program to support the operation and prevent the closure of any of the nation’s nuclear reactors – seen by the Biden administration as a…
PGE offers a look inside its futuristic new ops center
PGE offers a look inside its futuristic new ops center Apr. 15, 2022 When you flip the light switch or turn up your thermostat, you expect the juice to start flowing. It’s as simple as that. But in an age of distributed power generation and storage, intermittent renewables, electric cars,…
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…
National Grid announces plan to decarbonize by 2050
National Grid announces plan to decarbonize by 2050 April 18, 2022 Utility giant National Grid (NG.L) is planning to eliminate fossil fuels from its heating systems in New York state and Massachusetts by 2050, primarily by expanding the use of electric heat pumps and sourcing more renewable natural gas (RNG),…
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…
Covid-19 boost in green spending still not enough, IEA says
Covid-19 boost in green spending still not enough, IEA says 04/12/2022 The world’s wealthiest countries are rapidly boosting spending on clean energy, but lower-income nations are struggling to do the same, with higher food and fuel prices bearing down on their already limited finances. The widening gap could challenge the…
Supply-chain issues hobble storage projects but installation still set a record in 2021
Supply-chain issues hobble storage projects but installation still set a record in 2021 Energize Weekly, April 13, 2022 Even in the face of supply-chain problems, energy storage installations set a record in the U.S., and the forecasts have domestic and global capacity growing twentyfold by 2030, according to industry analyses.…
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…
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…
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…
Xcel wants to close power plant near Pueblo barely a decade after going into operation
Xcel wants to close power plant near Pueblo barely a decade after going into operation Mar 27, 2022 The Colorado Public Utilities Commission tabled a request by Xcel Energy to once again shorten the operating life of the Comanche power station’s Unit 3 near Pueblo, the last of three generating…
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
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…
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…
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…
Judge wants more research on plan to shut down J.H. Campbell Power Plant
Judge wants more research on plan to shut down J.H. Campbell Power Plant Mar 11, 2022 A Michigan judge is recommending Consumers Energy and the Michigan Public Service Commission do more research before signing off on the utility company’s plan to completely shut down the J.H. Campbell Power Plant in…
SEC plans to force public companies to disclose greenhouse gas emissions
SEC plans to force public companies to disclose greenhouse gas emissions March 15, 2022 The Securities and Exchange Commission plans to require all publicly traded companies to disclose their greenhouse gas emissions and the climate risks their businesses face, part of the Biden administration’s broader push to force the private…
Pacific Power seeking 12.2% rate increase in 2023
Pacific Power seeking 12.2% rate increase in 2023 Mar 3, 2022 PacifiCorp wants to raise electricity rates for Oregon customers by more than 12% in 2023 because of higher power costs, general inflationary pressure as well as increasing costs for wildfire planning and mitigation, according to proposals filed Tuesday with…
PSEG sells off fossil fuel plants in New York, Connecticut
PSEG sells off fossil fuel plants in New York, Connecticut February 25, 2022 Public Service Enterprise Group (PSEG) sold off its fossil generating assets in New York and Connecticut to ArcLight Capital Partners through its ArcLight Energy Partners Fund VII. Read more
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…
‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Rush
‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Rush February 22, 2022 When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated…
Pueblo County drops support for nuclear power after facing backlash from residents
Pueblo County drops support for nuclear power after facing backlash from residents February 22, 2022 Pueblo County officials say they are pulling back their support for replacing the state’s largest coal-fired power plant with a nuclear reactor following a public outcry from residents. The decision is a quiet reversal by…
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
Clean power faced headwinds in 2021 and the pace of installations faltered
Clean power faced headwinds in 2021 and the pace of installations faltered Energize Weekly, February 23, 2022 Clean power installations – wind, solar and battery storage – were down slightly in 2021 as the various sectors face challenges ranging from tariffs to expiring tax credits to regulatory uncertainty, according to…
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…
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…
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…
Oft-Delayed Vogtle Expansion on Track for 2022 Start
Oft-Delayed Vogtle Expansion on Track for 2022 Start January 27, 2022 The two-unit expansion at the Plant Vogtle nuclear power facility in Georgia remains a work in progress, a project that still holds the promise of emissions-free electricity even as construction delays and cost overruns continue to spark debate about its future.…
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…
Emergence of the New Payments Paradigm – The Case for Utility CX Transformation
Emergence of the New Payments Paradigm – The Case for Utility CX Transformation By Paridhi Gupta, Marketing, Smart Energy Water Utilities across the geographies have started their journey to improved customer self-service capabilities. Now millions of people enjoy the digital convenience of managing their utility account, tracking usage, paying bills,…
PJM seeks reserve market rehearing from FERC, proposes capacity auction schedule
PJM seeks reserve market rehearing from FERC, proposes capacity auction schedule 24 Jan 2022 PJM Interconnection has asked the Federal Energy Regulatory Commission for a rehearing in its reserve market proceeding because a recent FERC order departs, without adequate explanation, from prior findings that resource procurement costs to alleviate power…
Tri-State reaches agreement with more than two dozen parties on resource plan
Tri-State reaches agreement with more than two dozen parties on resource plan January 20, 2022 Tri-State Generation and Transmission Association, a wholesale power provider serving rural utilities in Colorado and three other states, has reached a settlement with several parties on a plan aimed at cutting costs for ratepayers and…
A rise in U.S. renewable generation to reduce fossil-fuel electricity in coming years
A rise in U.S. renewable generation to reduce fossil-fuel electricity in coming years Energize Weekly, January 26, 2022 Generation from renewable energy sources, primarily wind and solar, will reduce fossil-fuel generation over the next two years in the U.S., even as the country’s energy-related carbon dioxide emissions are set to…
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…
Adding Intelligence to Outage Management with Integrated Cloud-Based Digital Platforms
Adding Intelligence to Outage Management with Integrated Cloud-Based Digital Platforms January 17, 2022 By Paridhi Gupta, Marketing, Smart Energy Water “The grid is not ready for the 21st century.” “Climate change will lead to frequent outages, and utilities are unprepared.” Headlines such as these have become commonplace. Nothing eye-opening about…
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…
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…
Western and Midwestern grids may face supply shortfalls as early as this summer, NERC says
Western and Midwestern grids may face supply shortfalls as early as this summer, NERC says Energize Weekly, January 12, 2022 The Midwest and Western grids could face shortfalls in electricity supply and generating capacity as early as this summer as baseload plants retire and weather-related disruptions become more common, according…
Germany Rejects EU Proposal for Nuclear Energy, Will Rely on Natural Gas
Germany Rejects EU Proposal for Nuclear Energy, Will Rely on Natural Gas 1/3/22 Germany’s government on Monday rejected the European Union‘s proposals to include nuclear energy in the bloc’s climate-focused plans and investments for the future. Instead, the European nation plans to lean heavily on natural gas as an energy source…
A look ahead at advanced nuclear in 2022
A look ahead at advanced nuclear in 2022 Jan 1, 2022 On June 2, TerraPower announced that it would build a demonstration nuclear reactor, known as Natrium, at a retiring Wyoming coal plant. The Bill Gates-fronted nuclear developer had joined forces with utility Rocky Mountain Power, after receiving an $80 million Department…
