FirstEnergy’s Ohio Utilities File Plan to Further Modernize Electric System Jul 18, 2022 FirstEnergy Corp.’s (NYSE: FE) Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison – have filed a plan with the Public Utilities Commission of Ohio (PUCO) that would expand investments in smart grid technology, including equipment to help reduce…
West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire Energize Weekly, May 25, 2022 The West and Midwest U.S. risk severe electricity shortfalls this summer due to high temperatures, drought, severe storms and wildfire – all driven by a changing climate, according to the North American Electric Reliability Corp.’s (NERC)…
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 percent of all passenger vehicle…
New clean generation technology is needed for the West to achieve 100 percent clean electricity Energize Weekly, February 16, 2022 The West could run on 90 percent clean electricity by 2040 with existing renewable generation and storage, but to get to 100 percent, new, clean generation filling the same baseload and ramping capabilities done by…
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 financing from public markets and…
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. Those regions were highlighted by…
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. There are about $17 billion…
One year into partnership with Xcel Energy, Boulder beginning projects, developing goals October 31, 2021 It’s been a year since Boulder voters approved a franchise agreement with Xcel Energy, pausing its years-long quest to form its own municipally owned utility. Read more
Western U.S. could reap $2 billion in benefits from a regional electricity market Energize Weekly, October 27, 2021 The American West – one of only two regions in the country without a regional electricity market – could see benefits of as much as $2 billion a year by creating a western market, while linking eastern…
Climate-driven weather disasters threaten global energy infrastructure, IEA says Energize Weekly, October 20, 2021 Energy and infrastructure systems built over the last century are becoming more vulnerable to the ravages of climate change-driven extreme weather events, according to a series of reports. “Extreme weather events over the past year have highlighted the risks of unchecked…
Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says Energize Weekly, September 15, 2021 The U.S. could get 40 percent of its electricity from solar installations by 2035 and 45 percent by 2050 – through $225 to $560 billion in the power grid investments, according to a new…
Energize Weekly, August 26, 2020 The Trump administration, in the last three weeks, has announced $865 million in loans and grants to upgrade rural infrastructure – electric grids, water systems and broadband internet. The two largest programs are for water and wastewater systems – $462 million – and rural electrification – $371 million. The largest…