Kentucky’s largest utility tests new law creating barrier to retire fossil fuel plants

Kentucky’s largest utility tests new law creating barrier to retire fossil fuel plants May 30, 2023 Republican lawmakers in Kentucky, raising concerns that planned and ongoing retirements of coal-fired power plants could affect the reliability and resilience of the electric grid, passed a new law that creates an extra barrier…

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U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns Energize Weekly, May 24, 2023 U.S. power grids are facing a risky summer and an even riskier winter, according to analyses by the North American Electric Reliability Corp. (NERC), the agency that oversees grid reliability and security.…

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Three Wisconsin utilities apply for rate hikes in 2024, citing renewable energy construction costs

Three Wisconsin utilities apply for rate hikes in 2024, citing renewable energy construction costs May 15, 2023 Three utilities have submitted proposals to the Public Service Commission of Wisconsin to increase rates in 2024, and consumer advocates worry about how rate hikes could affect customers. Those utilities are Alliant Energy,…

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Winter rains lift California hydropower outlook, easing regional demand for natural gas

Winter rains lift California hydropower outlook, easing regional demand for natural gas

Winter rains lift California hydropower outlook, easing regional demand for natural gas Energize Weekly, May 17, 2023 Heavy rains have filled California reservoirs and boosted the prospect for hydropower – welcomed news to the rest of the West, which saw natural gas prices soar last winter as California utilities scrambled…

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Initiative to create a consumer-owned electric utility and replace CMP and Versant will appear on Maine 2023 ballot

Initiative to create a consumer-owned electric utility and replace CMP and Versant will appear on Maine 2023 ballot May 9, 2023 An initiative to create a municipal consumer-owned electric transmission and distribution utility, replacing Central Maine Power and Versant Power, will be on the Maine ballot on Nov. 7, 2023.…

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Duke Energy’s Impact Report details progress toward ESG, business goals

Duke Energy’s Impact Report details progress toward ESG, business goals May 01, 2023 Duke Energy released a report that outlines its approach to sustainability and its progress on strategic business priorities and goals. Among the key points in Duke’s Impact Report, the company said its planned investment of $145 billion…

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California Republicans blast fixed-rate power bill proposal as ‘crazy’

California Republicans blast fixed-rate power bill proposal as ‘crazy’ Apr 24, 2023 California Republicans are asking state regulators to reject a proposal by California’s three largest power companies to create a fixed rate for services based on household income. “The ‘fixed-charge’ proposal is nothing but a shameful attempt to exploit…

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PPL Corp. advanced its commitment to ESG in 2022

PPL Corp. advanced its commitment to ESG in 2022 April 24, 2023 In its 2022 Sustainability Report, PPL Corp. gave an overview of its approach to a clean energy transition while outlining the company’s performance on the environment, social responsibility, and governance (ESG). “PPL is focused on excelling in safety,…

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Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids Energize Weekly, April 26, 2023 A surge in clean energy projects – a 40 percent year-over-year increase in 2022 – is creating a traffic jam in getting onto the U.S. electric grid, according to a Lawrence…

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FirstEnergy Ohio firms file plan to invest in grid security, customer assistance and energy efficiency

FirstEnergy Ohio firms file plan to invest in grid security, customer assistance and energy efficiency April 07, 2023 With submission of a proposed Electric Security Plan (ESP) this week to state regulators, Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison sought to bolster their investments into distribution modernization and…

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PNM joins WPP’s reliability planning and compliance program in western US

PNM joins WPP’s reliability planning and compliance program in western US 10 Apr 2023 The Public Service Company of New Mexico has joined the first region-wide reliability planning and compliance program in the Western US, known as the Western Resources Adequacy Program. Seattle City Light and Snohomish County Public Utility…

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Southwest Power Pool takes a first step in creating a western wholesale electricity market

Southwest Power Pool takes a first step in creating a western wholesale electricity market

Southwest Power Pool takes a first step in creating a western wholesale electricity market Energize Weekly, April 12, 2023 A group of 26 utilities and organizations representing power producers – ranging from the Rockies to the Southwest to the Pacific Northwest – agreed to join the initial phase of the…

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Electric prices for Connecticut residents likely to drop dramatically during the second half of 2023

Electric prices for Connecticut residents likely to drop dramatically during the second half of 2023 April 3, 2023 After three months of paying dramatically higher electric rates, there may be some relief coming this summer for a majority of Connecticut electric customers. The state’s two largest electric distribution companies, Eversource…

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US Power Plant Firm Goes Bankrupt After Winter Storm Penalties

US Power Plant Firm Goes Bankrupt After Winter Storm Penalties March 31, 2023 Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator. The Chapter 11 filing allows…

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Deep freeze and data concerns test Southeast power market

Deep freeze and data concerns test Southeast power market 03/28/2023 When several large electric utilities launched a first-of-its-kind energy trading platform in the Southeast last fall, the pitch was simple: Lower energy bills and deliver more solar power to customers. Now, more than four months after the Southeast Energy Exchange…

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Power rate hike rebate during winter storms possible, court ruling reveals

Power rate hike rebate during winter storms possible, court ruling reveals March 20, 2023 When the temperatures dropped during Winter Storm Uri in 2021, prices for electricity went up. The bills that followed provided a shock that energy analysts like Ed Hirs, a University of Houston energy fellow, described as…

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Xcel Energy will cut Colorado bills again in April as natural gas costs continue to fall

Xcel Energy will cut Colorado bills again in April as natural gas costs continue to fall Mar 14, 2023 Xcel Energy is again cutting natural gas costs passed through to consumers starting with April bills, the third price decrease announced in two months, even as a special legislative committee pursues…

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Minnesota utility proposes $192M EV charging station network

Minnesota utility proposes $192M EV charging station network March 6, 2023 A Minnesota utility’s proposal to deploy around 730 EV charging stations while raising rates has encountered opposition from the state department of commerce, rate payers and other parties, according to a startribune.com report. Opponents of the plan question whether…

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Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022

Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022

Global bank financing for low-carbon energy rose 15 percent to $550 billion in 2022 Energize Weekly, March 8, 2023 Investments in low-carbon energy supply rose by 15 percent in 2022 – the fastest growth rate in seven years – to $550 billion, according to BloombergNEF’s (BNEF) annual report on energy…

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General Assembly deal sets Dominion profits for two years while overhauling regulatory system

General Assembly deal sets Dominion profits for two years while overhauling regulatory system FEBRUARY 25, 2023 The decision came down to the wire, but on Saturday afternoon Gov. Glenn Youngkin’s office and the General Assembly reached a deal on sweeping legislation to adjust Dominion Energy’s profit margin and reform the…

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Xcel Energy uses Inflation Reduction Act for customer savings

Xcel Energy uses Inflation Reduction Act for customer savings Feb 19, 2023 Xcel Energy aims to save Minnesota customers over $1.4 billion in costs over the next 10 years and accelerate the transition to clean energy through provisions in the federal Inflation Reduction Act. Savings on projects in wind, solar,…

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Connecticut consumers hit hard by dramatic spike in electric rates

Connecticut consumers hit hard by dramatic spike in electric rates Feb. 11, 2023 The majority of Eversource and United Illuminating Co. customers have begun receiving their first electric bills since rates were significantly increased, and some have reported seeing their bills nearly doubling. “Is this really happening?” Lydtz Thomas, a…

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The United States Is Facing Electricity Famine

The United States Is Facing Electricity Famine Feb. 7, 2023 There are signs that we are heading towards an electricity famine; a life-threatening energy Holodomor throughout many areas of the United States caused by political decisions. The system is being set up to fail. This problem this time is not…

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Judge dismisses lawsuit over TVA’s long-term deals

Judge dismisses lawsuit over TVA’s long-term deals Feb. 7, 2023 A federal judge has dismissed a lawsuit by environmental groups that challenged how the nation’s largest public utility signs up local power providers for two-decade contracts. A ruling by U.S. District Judge Thomas L. Parker in Memphis last week sided…

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Renewable tax credits and changes on the grid are making most coal-fired plants uneconomical

Renewable tax credits and changes on the grid are making most coal-fired plants uneconomical

Renewable tax credits and changes on the grid are making most coal-fired plants uneconomical Energize Weekly, February 8, 2023 A combination of new federal incentives for renewable generation and a shift in the way electric grids are managed has led to a point where it is more expensive to operate…

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US solar PPA prices keep rising with demand set to grow further – LevelTen

US solar PPA prices keep rising with demand set to grow further – LevelTen January 31, 2023 US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increased costs for developers, according to renewables transaction infrastructure provider LevelTen Energy. Its…

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PUC approves electric market redesign in ‘big step for ERCOT’

PUC approves electric market redesign in ‘big step for ERCOT’ Jan 19, 2023 The Public Utility Commission of Texas on Thursday approved a redesign of the state’s electric market, recommending a new model they said will improve grid reliability, but critics said could pass more costs onto the consumer. The…

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Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says

Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an…

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Puerto Rico to privatize power generation amid outages

Puerto Rico to privatize power generation amid outages January 15, 2023 Puerto Rico announced Sunday that it plans to privatize electricity generation, a first for a U.S. territory facing chronic power outages as it struggles to rebuild a crumbling electric grid. The move marks the beginning of the end for…

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Winter Storm Elliott stressed regional electric grids across the U.S. in different ways

Winter Storm Elliott stressed regional electric grids across the U.S. in different ways

Winter Storm Elliott stressed regional electric grids across the U.S. in different ways Energize Weekly, January 18, 2023 Winter Storm Elliott, the bomb cyclone with freezing temperatures and blizzard conditions that swept across the U.S. east of the Rockies, sparked a wave of outages with its impacts varying from regional…

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Holtec seeks $7.4 billion loan for expansion tied to new reactor

Holtec seeks $7.4 billion loan for expansion tied to new reactor Jan. 9, 2023 Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its…

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AEP Ohio asking for rate increase to boost system reliability after last summer’s storms

AEP Ohio asking for rate increase to boost system reliability after last summer’s storms Jan. 6, 2023 Several months after powerful storms whacked AEP Ohio’s transmission system and forced the power company to turn off electricity to some Columbus-area neighborhoods to avoid a larger power loss, AEP is now asking…

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Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm

Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm

Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm Energize Weekly, January 11, 2023 The fallout from the soaring natural gas prices created by Winter Storm Uri in 2021 continues as four rural Colorado electric cooperatives have filed a complaint with federal regulators saying they were overcharged…

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Pleasants Power Purchase Under Consideration in West Virginia PSC Order

Pleasants Power Purchase Under Consideration in West Virginia PSC Order JAN 3, 2023 An order from the West Virginia Public Service Commission last week approving rate increases for two power companies also included a provision for those companies to evaluate the possible purchase of the Pleasants Power plant. In an…

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Energy efficiency investments jump in 2022 spurred by energy security concerns

Energy efficiency investments jump in 2022 spurred by energy security concerns

Energy efficiency investments jump in 2022 spurred by energy security concerns Energize Weekly, December 28, 2022 Global investment in energy efficiency – from building renovations to public transport to electric vehicle infrastructure – increased 16 percent in 2022, reaching $560 billion as efficiency gains grew fourfold, according to the International…

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Entergy Louisiana files proposed 10-year Entergy Future Ready resilience plan

Entergy Louisiana files proposed 10-year Entergy Future Ready resilience plan 12/19/2022 Today, Entergy Louisiana filed its proposed Phase I Entergy Future Ready resilience plan with the Louisiana Public Service Commission. Phase I seeks approval of the first five years of a 10-year resilience plan that would aim to accelerate the…

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PG&E wildfire and catastrophe proposal may trigger higher monthly bills

PG&E wildfire and catastrophe proposal may trigger higher monthly bills December 19, 2022 Higher monthly bills might jolt PG&E customers due to the utility’s request that state regulators allow the company to collect more revenue for its spending linked to wildfires and catastrophes. PG&E wants to recover costs that arose…

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US FERC to act on backstop transmission siting, long-running gas pipeline disputes

US FERC to act on backstop transmission siting, long-running gas pipeline disputes 12 Dec 2022 The US Federal Energy Regulatory Commission is poised to act on transmission siting, key pipeline rate disputes, and two important natural gas pipeline certificates at its last meeting of the year Dec. 15, potentially Democrat…

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Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says

Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says

Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says Energize Weekly, December 14, 2022 On-peak wholesale and retail electricity prices are set to rise across the country this winter, with some regional wholesale rates jumping as much as 60 percent compared to…

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Duke Energy Kentucky files request for rate adjustment with public service commission

Duke Energy Kentucky files request for rate adjustment with public service commission December 05, 2022 Duke Energy Kentucky recently filed a request with the Kentucky Public Service Commission (PSC) to review its electric distribution rates and approve a rate adjustment. Overall, the company has proposed an adjustment that includes a…

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NYISO reports sufficient electricity supplies expected to meet winter demands

NYISO reports sufficient electricity supplies expected to meet winter demands 11/28/22 The New York Independent System Operator (NYISO) reported Monday, that they expect sufficient electricity supplies in the state are expected to meet demands this winter. “The New York State bulk electric system is well positioned to meet this winter’s…

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Georgia Power’s long campaign for state approval to sign off on a 12% rate hike nears final showdown

Georgia Power’s long campaign for state approval to sign off on a 12% rate hike nears final showdown November 28, 2022 The final several weeks of Georgia Power’s $2.9 billion rate case will determine whether state regulators sign off on plans for customers to pay hundreds of dollars more per…

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Highway charging stations for EVs may need as much electricity as a small town

Highway charging stations for EVs may need as much electricity as a small town

Highway charging stations for EVs may need as much electricity as a small town Energize Weekly, November 30, 2022 A growing number of electric cars and trucks on highways will by 2035 require charging stations demanding the same power as an outdoor sports arena or even a small town, according…

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Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open

Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open NOV 21 2022 The Biden administration on Monday said it’s providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California’s last nuclear power plant. Diablo Canyon…

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