Climate-driven weather disasters threaten global energy infrastructure, IEA says

Climate-driven weather disasters threaten global energy infrastructure, IEA says

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…

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World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says

World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says

World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says Energize Weekly, October 13, 2021 Global energy consumption is forecast to increase 50 percent over the next 30 years if no policies or new technologies are introduced to curb demand, according to the U.S.…

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Lynn Good projects $100B in spending on ‘clean energy transition’ at Duke Energy in the next 10 years

Lynn Good projects $100B in spending on ‘clean energy transition’ at Duke Energy in the next 10 years Sep 30, 2021 Touting Duke Energy Corp.’s sustainability goals at a presentation an S&P Global Inc. conference, CEO Lynn Good said the company will spend close to $100 billion on its transition to clean…

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State, federal actions show growing push for a nuclear role in reaching net zero emissions

State, federal actions show growing push for a nuclear role in reaching net zero emissions Sept. 28, 2021 Nuclear power advocates are increasingly emphasizing the value of existing but financially struggling U.S. nuclear plants in curbing carbon emissions and addressing climate change. Read more

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Hydropower output plummets in parched U.S. West with no quick end in sight

Hydropower output plummets in parched U.S. West with no quick end in sight

Hydropower output plummets in parched U.S. West with no quick end in sight Energize Weekly, September 29, 2021 The heat wave that blanketed the western United States this summer drained the region’s hydropower output, a situation that will likely continue in 2022 and may even get worse, according to reports…

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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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Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says

Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says

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…

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Los Angeles City Council approves transition to clean, carbon-free energy by 2035

Los Angeles City Council approves transition to clean, carbon-free energy by 2035 September 3rd, 2021 In a unanimous vote, the Los Angeles City Council yesterday (September 1) approved a motion introduced by Councilmembers Paul Krekorian and Mitch O’Farrelll requiring that 100 percent of the city’s electricity come from clean, zero carbon energy by 2035. Read…

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A New Frontier for Nuclear: Partnering With Utilities on Decommissioned Coal Sites

A New Frontier for Nuclear: Partnering With Utilities on Decommissioned Coal Sites August 30, 2021 Using existing coal infrastructure comes with perks that could speed the nuclear industry’s permitting and building processes in a moment when speed is of the essence. Read more

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Fight over ‘peaker’ plants poses grid climate test

Fight over ‘peaker’ plants poses grid climate test 08/24/2021 A proposed natural gas power plant and pipeline project in southwestern Indiana are drawing fire out of concerns that they will add more pollution to a region saddled with fossil fuel infrastructure. Read more

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NM could get billions in new federal funding

NM could get billions in new federal funding August 23, 2021 Congress is gearing up to approve the largest federal investments in infrastructure and social programs since the Great Depression in the 1930s, and New Mexico could reap huge benefits. Read more

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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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Global clean energy technology investment reached a record $500 billion in 2020

Global clean energy technology investment reached a record $500 billion in 2020

Global clean energy technology investment reached a record $500 billion in 2020 Energize Weekly, August 11, 2021 Global investment in clean energy technologies reached a record $501.3 billion in 2020, with renewable energy generation accounting for 60 percent of the total, according to a BloombergNEF analysis. The 2020 figure represents…

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Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission

Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission Aug. 3, 2021 A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a 67-32 consensus to advance the legislation. The vote to advance the bill included the support of 17 Republicans. Read…

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U.S. Power Sector Sees Biggest One-Year Drop in Emissions in More Than Two Decades

U.S. Power Sector Sees Biggest One-Year Drop in Emissions in More Than Two Decades JULY 23, 2021 U.S. power sector emissions dropped 10 percent between 2019 and 2020, owing to greater energy efficiency, less reliance on coal, and the coronavirus pandemic suppressing demand for electricity, according to a new report. This…

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Western drought hurts hydropower production, California among the hardest hit states

Western drought hurts hydropower production, California among the hardest hit states

Western drought hurts hydropower production, California among the hardest hit states Energize Weekly, July 14, 2021 The drought conditions smothering the West are crippling hydropower production with hydro-generation’s share of energy production forecast to be 6.5 percent this year – the lowest it has been since 2015, according to the…

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IOUs cut carbon emissions in 2020, though the footprint remains big for some

IOUs cut carbon emissions in 2020, though the footprint remains big for some

IOUs cut carbon emissions in 2020, though the footprint remains big for some Energize Weekly, June 30, 2021 Coal-fired generation and carbon emissions are down among the largest investor-owned utilities, but even with sharp drops in emissions, the carbon footprint for some companies remains large, according to survey data from…

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Xcel Energy Cuts Emission, Set to Attain Carbon Neutrality

Xcel Energy Cuts Emission, Set to Attain Carbon Neutrality June 8, 2021 Xcel Energy announced that it has achieved more than 50% of the carbon neutrality target and is among the few utilities that have pledged to cut emissions from the electricity generation process by 100%. Read more

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New York advisory panel recommendations to include gas-fired plant moratorium

New York advisory panel recommendations to include gas-fired plant moratorium 03 May 2021 New York’s Power Generation Advisory Panel will recommend a moratorium against new fossil fuel-fired plant construction to the state’s Climate Action Council, the panel’s chair said May 3. Read more

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Global energy demand is forecast to rebound in 2021, IEA says

Global energy demand is forecast to rebound in 2021, IEA says

Global energy demand is forecast to rebound in 2021, IEA says Energize Weekly, April 28, 2021 Global energy production and demand is set to rebound from their pandemic doldrums in 2021with energy consumption up 4.6 percent, according to the International Energy Agency (IEA). The agency said in its annual Global…

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U.S. cities and towns made deals for a record 3.7 gigawatts of renewables in 2020

U.S. cities and towns made deals for a record 3.7 gigawatts of renewables in 2020

Energize Weekly, April 7, 2021 Cities and towns across the U.S. installed or purchased a record 3.7 gigawatts of renewable energy capacity in 2020, a 23 percent increase over 2019, according to the clean energy consultant, RMI. The RMI analysis was based on data from the Local Government Renewables Action…

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Nebraska utility could slash emissions at little or no added cost, studies show

by Karen Uhlenhuth, March 29, 2021 Nebraska’s largest electric utility could dramatically reduce carbon emissions over the next three decades at little or no cost to ratepayers, according to a pair of recent reports prepared for the utility’s board of directors. The path — and cost — of completely eliminating emissions…

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Georgia Power Issues Sustainability Bond: First for a US Utility

MARCH 1, 2021 BY EMILY HOLBROOK Georgia Power has announced its first sustainability bond, and the first sustainability bond for a domestic utility in the United States. Bond proceeds will be allocated to fund the company’s environmental, renewable, and social initiatives. The 3.25% coupon represents the lowest 30-year coupon for a publicly traded bond ever…

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Xcel Energy plans to transform its Colorado grid, boosting renewables and closing coal plants

Xcel Energy plans to transform its Colorado grid, boosting renewables and closing coal plants

Energize Weekly, March 3, 2021 Xcel Energy – in one of the country’s most sweeping initiatives to reconfigure a gird – has announced an $8 billion plan to double its renewable energy generation and storage in Colorado, add transmission and close all its coal-fired power plants in the state by…

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117th Congress opens to new energy, environment fights

Nick Sobczyk, Geof Koss and Kelsey Brugger, E&E News reporters; Monday, January 4, 2021 The 117th Congress opened to an uncertain political landscape yesterday, with a tight vote for the House speakership and with Senate control still up in the air. Lawmakers face fresh fights on energy and environmental issues, particularly climate change, but…

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Coal continues its decline in the U.S. and Europe and its rise in Southeast Asia and India

Coal continues its decline in the U.S. and Europe and its rise in Southeast Asia and India

Energize Weekly, December 9, 2020 Coal mining and coal-fired electricity generation in the U.S. and Europe continues to decline, but in Asia, coal-fired demand is projected to increase through 2030 thanks to national policies and Chinese financing. In the U.S., coal mine production capacity fell in 2019 to 590 million…

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Voters weigh in on local and state energy issues from renewable energy to oil and gas taxes

Voters weigh in on local and state energy issues from renewable energy to oil and gas taxes

Energize Weekly, November 11, 2020 Election returns on state and local energy issues were both literally and figuratively all over the map last week on issues ranging from renewable energy to oil and gas taxes. Voters in Alaska rejected a tax on oil operations while the industry was denied a…

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A Biden plan would speed a clean energy transition, but have limited impact on oil

A Biden plan would speed a clean energy transition, but have limited impact on oil

Energize Weekly, October 28, 2020 As Election Day nears, analysts are starting to focus on what the administration of front-running Joe Biden will mean for energy and find it could accelerate the decline of coal, stabilize near-term oil markets, as well as boost renewables and new jobs. A Biden administration,…

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Fossil fuel demand drops in 2020 with a limited rebound in 2021, IEA says

Fossil fuel demand drops in 2020 with a limited rebound in 2021, IEA says

Energize Weekly, October 21, 2020 The global pandemic will cut worldwide energy demand 5 percent in 2020 and result in an 18 percent decline in energy investment, according to International Energy Agency (IEA) forecasts. If the novel coronavirus is brought under control in 2021, energy demand will return to its…

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Utilities are pledging zero-carbon emissions, but “the math doesn’t yet add up”

Utilities are pledging zero-carbon emissions, but “the math doesn’t yet add up”

Energize Weekly, September 30, 2020 A growing number of investor-owned utilities (IOUs) have pledged to sharply reduce their carbon emissions or even cut them to zero, but two studies have found a gap between the pledges and those utilities’ performance. Forty-three of the country’s 55 IOUs have emission-reduction targets, and…

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Technologies to bring economies to zero carbon emissions still lacking, IEA says

Technologies to bring economies to zero carbon emissions still lacking, IEA says

Energize Weekly, August 12, 2020 Many countries have announced ambitious climate goals to bring their economies to net-zero carbon emissions by 2050, but the technologies needed to cut emissions in areas like shipping and steelmaking don’t exist and may take decades to bring to market, according to the International Energy…

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Energy a big focus for Virginia legislature which passes sweeping clean energy bill

Energy a big focus for Virginia legislature which passes sweeping clean energy bill

Energize Weekly, February 26, 2020 The Virginia legislature, on a pair of razor-thin votes, has passed a sweeping energy bill that will bolster renewable generation, energy storage and efforts to set a carbon dioxide cap and trade program. While the Clean Economy Act was the most far-reaching and visible piece…

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Global carbon emissions flat in 2019 as the U.S. leads the way in CO2 cuts

Global carbon emissions flat in 2019 as the U.S. leads the way in CO2 cuts

Energize Weekly, February 19, 2020 Global carbon emissions slowed in 2019 after two years of growth as increases in developing nations were offset by a sharp drop in power sector emissions in developed countries led by the U.S., according to the International Energy Agency (IEA). The worldwide emissions of carbon…

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New York Mayor de Blasio seeks to end the use of oil and gas in large buildings

New York Mayor de Blasio seeks to end the use of oil and gas in large buildings

Energize Weekly, February 12, 2020 New York City Mayor Bill de Blasio is taking aim at fossil fuels seeking to end the use of natural gas and oil in large buildings and banning the development of oil and gas infrastructure in the city. Other initiatives include switching the municipal feet…

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Last coal-fired plant in New York to close, New England plants not far behind, EIA says

Last coal-fired plant in New York to close, New England plants not far behind, EIA says

Energize Weekly, February 12, 2020 New York State’s last coal-fired power plant is set to close as early as mid-March and coal-fired power is headed in the same direction in New England, according to the U.S. Energy Information Administration (EIA). “As many of the coal-fired power plants in New England…

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Climate change threatens profitability of investor-owned utilities, Moody’s says

Climate change threatens profitability of investor-owned utilities, Moody’s says

Energize Weekly, January 29, 2020 From heat to humidity to severe storms investor-owned utilities across the U.S. will face particular regional climate change hazards, according to an analysis by Moody’s Investors Services. A utility in the Southeast, such as Duke Energy, could face risk from heavier storms, floods and storm…

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Tri-State, facing economic, political pressures, moves to close its last two coal-fired plants

Tri-State, facing economic, political pressures, moves to close its last two coal-fired plants

Energize Weekly, January 15, 2020 Under pressure from market forces, dissatisfied members and environmental policies, the Tri-State Generation and Transmission Association announced it will close the last two coal-fired plants it operates and move to add more renewable energy. Tri-State said that it will close its Escalante Station, in Prewitt,…

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