New Ky. law makes it more difficult to retire coal-fired power plants March 27, 2023 Energy utilities now have to prove to regulators their plans to retire fossil-fueled power plants won’t compromise the reliability and resilience of the electric grid in Kentucky. It takes effect immediately. The legislation emerged following…
White House threatens veto for Republican energy package
White House threatens veto for Republican energy package 03/27/23 The White House on Monday threatened a veto of a House Republicans’ energy package, known as H.R. 1, if it makes it to President Biden’s desk. “H.R. 1 would take us backward. Therefore, if presented to the President in its current…
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…
Kentucky lawmakers advance bill to keep coal on the power grid, cite reliability concerns
Kentucky lawmakers advance bill to keep coal on the power grid, cite reliability concerns FEBRUARY 28, 2023 Kentucky lawmakers are advancing a bill to try to keep coal-fired power plants on the state’s electric grid “for the foreseeable future,” pointing to concerns over rolling blackouts that some utilities implemented when…
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,…
Renewables and nuclear set to cover global growth in electricity demand, IEA says
Renewables and nuclear set to cover global growth in electricity demand, IEA says Energize Weekly, February 15, 2023 New renewable and nuclear generation is set to meet 90 percent of the growing demand for electricity globally during the next three years, while increasing extreme weather will test grid resilience, according…
House bill aims to create lending institution for infrastructure projects
House bill aims to create lending institution for infrastructure projects Feb. 7, 2023 The bank would help finance work such as transportation projects, ports, electric grid security and broadband connectivity, according to the release. The bill also allows for broad discretion by the bank to invest in any infrastructure projects…
More than half of new U.S. electric-generating capacity in 2023 will be solar
More than half of new U.S. electric-generating capacity in 2023 will be solar FEBRUARY 6, 2023 Developers plan to add 54.5 gigawatts (GW) of new utility-scale electric-generating capacity to the U.S. power grid in 2023, according to our Preliminary Monthly Electric Generator Inventory. More than half of this capacity will…
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…
SNC-Lavalin, Aecon join team building North America’s first small modular reactor
SNC-Lavalin, Aecon join team building North America’s first small modular reactor 30.01.23 Canadian power company Ontario Power Generation (OPG) has retained Candu Energy, part of the SNC-Lavalin Group, and Canadian contractor Aecon to design and build a small modular reactor (SMR) at the Darlington nuclear plant in Ontario before the…
Senators explore power supply failure — especially natural gas — during Christmas storm
Senators explore power supply failure – especially natural gas – during Christmas storm January 26, 2023 The winter storm of Dec. 23-25 produced an unexpectedly high demand for electricity. Despite the surprise, PJM, the 13-state power grid organization — thought it had plenty of reserve on hand. But the power…
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…
Japan’s ‘clean coal’ power experiment is starting to bear fruit
Japan’s ‘clean coal’ power experiment is starting to bear fruit January 16, 2023 On a small island in western Japan’s Hiroshima prefecture, reachable only by a 30-minute ferry ride from the mainland, a decadelong attempt to prove coal can be made “clean” is drawing to an end — though its…
Coal-to-nuclear plans may speed up reactor build in series
Coal-to-nuclear plans may speed up reactor build in series January 16, 2023 New nuclear projects, especially first-of-a-kind (FOAK) technology, are expected to be expensive and difficult to plan efficiently as their deployment must also include the creation of new supply chains, the training of a new workforce, and the construction…
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…
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…
India expects utilities’ annual coal demand to surge about 8% after renewables shortfall
India expects utilities’ annual coal demand to surge about 8% after renewables shortfall January 10, 2023 India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a power ministry presentation, after the country missed its…
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…
Meet the renewable energy source poised for growth with the help of the oil industry
Meet the renewable energy source poised for growth with the help of the oil industry 01/01/2023 One of the oldest forms of clean power is ready for a comeback — and it’s not wind or solar. Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust —…
Sweden turns to France as it looks to buy two new nuclear reactors
Sweden turns to France as it looks to buy two new nuclear reactors January 3, 2023 Sweden and France could be set to join forces to build new nuclear power stations in the Nordic nation, to boost domestic power production and guarantee security of supply. Swedish Prime Minister Ulf Kristersson…
Developer of 1,200 MW offshore wind farm asks Massachusetts regulators to dismiss PPAs
Developer of 1,200 MW offshore wind farm asks Massachusetts regulators to dismiss PPAs 12.19.2022 The developer of Commonwealth Wind in Massachusetts asked state regulators to dismiss their review of power purchase agreements tied to the 1,223 MW offshore wind farm. Avangrid has cited economic conditions such as supply chain disruptions,…
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…
Holtec to reapply for funding to restart Palisades
Holtec to reapply for funding to restart Palisades 20 December 2022 Holtec agreed in 2018 to purchase the plant for decommissioning from operator Entergy, completing the acquisition in June. In July, Holtec – with the support of Governor of Michigan Gretchen Whitmer – submitted an application for funding under the…
DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future
DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future December 08, 2022 DTE Energy (NYSE:DTE), Michigan’s largest producer of clean energy, today announced the retirement of two coal-fired power plants, bringing Southeast Michigan closer to a carbon-free future…
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…
Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says
Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says DEC 6 2022 Renewables are on course to overtake coal and become the planet’s biggest source of electricity generation by the middle of this decade, according to the International Energy Agency. The IEA’s Renewables…
Utility recommends natural gas plant despite objections
Utility recommends natural gas plant despite objections Dec 2, 2022 The nation’s largest public utility on Friday recommended replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy. TVA announced the completion of its environmental impact…
Department of Energy rejects Holtec International’s plan to restart Palisades Nuclear Power Plant
Department of Energy rejects Holtec International’s plan to restart Palisades Nuclear Power Plant Dec 6, 2022 No second life for Palisades: after applying for a Civil Nuclear Credit program, the United States Department of Energy rejected Holtec International’s plan to restart the decommissioned facility. “Obviously, it was disappointing news when…
Experts say Virginia is capable of building a small modular nuclear reactor today if approvals were in place
Experts say Virginia is capable of building a small modular nuclear reactor today if approvals were in place November 28, 2022 It would likely take a decade to place a small modular nuclear reactor in Southwest Virginia as Gov. Glenn Youngkin has proposed, but nuclear experts say the technology is…
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…
OW, Shell defend viability of 1.2GW Mayflower Wind
OW, Shell defend viability of 1.2GW Mayflower Wind 21 November 2022 Ocean Winds and Shell have reaffirmed that their 1.2GW Mayflower offshore wind farm off the US East Coast remains “viable” after regulators raised concerns over their commitment to the project. In a filing to the Massachusetts Energy Facilities Siting…
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…
U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns
U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns Energize Weekly, November 23, 2022 A large swatch of the U.S. electricity grid – in Texas, the Midwest, Southeast and New England – is at risk of being unable to provide adequate power in the face of extreme…
NET Power Natural Gas Generating Plant Captures Its Own Emissions
NET Power Natural Gas Generating Plant Captures Its Own Emissions Nov. 14, 2022 NET Power, based in Durham, North Carolina, has developed a new way to make electricity by burning natural gas that it says is cheaper than conventional gas generation. That’s good news, sort of, but the real benefit…
As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line
As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line Nov. 15, 2022 An army of engineers has fanned out through nuclear power plants across France in recent months, inspecting reactors for signs of wear and tear. Hundreds of expert welders have been recruited to repair problems found…
Spurred by high commodity prices, energy production revenues on federal lands surge
Spurred by high commodity prices, energy production revenues on federal lands surge Energize Weekly, November 16, 2022 Energy production on federal lands and offshore areas in 2022 generated $22 billion for the federal and state governments – the highest in revenues since 2008 and second highest in 39 years, according…
DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040
DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040 Nov. 7, 2022 DTE Energy unveiled a new 20-year plan that includes increasing solar and wind energy while reducing reliance on coal, which translates into closing the Monroe Power Plant by 2028. According to…
PNM customers continue to pay for San Juan coal plant that’s no longer operating
PNM customers continue to pay for San Juan coal plant that’s no longer operating Nov 7, 2022 In the two months since the San Juan Generating Station shut down in New Mexico, the region’s customers have been paying the same rate for a facility that’s no longer giving them energy.…
Clean power installations hampered by supply and trade issues cool in Q3 of 2022
Clean power installations hampered by supply and trade issues cool in Q3 of 2022 Energize Weekly, November 9, 2022 Wind, solar and storage installations for the third quarter of 2022 were the lowest in three years as developers struggled with supply chain and trade restrictions, according to a market report…
PG&E formally moves to extend life of Diablo Canyon, the last nuclear plant in California
PG&E formally moves to extend life of Diablo Canyon, the last nuclear plant in California NOVEMBER 01, 2022 PG&E Corp. formally asked federal regulators Monday to extend the life of Diablo Canyon, the last operating nuclear plant in California, as part of Gov. Gavin Newsom’s effort to improve reliability of…
Xcel to exit coal nationwide by 2030
Xcel to exit coal nationwide by 2030 October 31, 2022 Xcel Energy plans to stop using coal nationwide by the end of 2030 after announcing Monday that it will speed up retirement of coal-fired units at its Tolk Generating Station in Texas. Xcel said it now plans to retire the…
American Electric Power hit with second subpoena tied to nuclear bailout bill
American Electric Power hit with second subpoena tied to nuclear bailout bill Oct. 28, 2022 American Electric Power has been hit with a second subpoena from federal regulators looking for information tied to the power company’s involvement in the scandal-ridden House Bill 6 legislation enacted three years ago to bail…
War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says
War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says Energize Weekly, November 2, 2022 Global fossil fuel consumption and greenhouse gas emissions are slowing with oil, coal and natural gas either peaking or reaching a plateau by 2030, according to the International Energy Agency (IEA).…
TVA studies new sites for more nuclear reactors
TVA studies new sites for more nuclear reactors October 22, 2022 The Tennessee Valley Authority was the first utility in the country to obtain an early site permit to build a small modular reactor near the U.S. Department of Energy lab in Oak Ridge. Although the new advanced and smaller…
Inside EPA’s climate strategy for power plants
Inside EPA’s climate strategy for power plants 10/24/2022 EPA’s game plan to comprehensively attack pollution from the coal-fired power industry began to take shape almost immediately following President Joe Biden’s inauguration, recently released records show. In early February 2021, senior EPA appointees briefed White House officials on a strategy that…
Global carbon capture capacity set to grow sixfold by 2030, BloombergNEF says
Global carbon capture capacity set to grow sixfold by 2030, BloombergNEF says Energize Weekly, October 26, 2022 Global carbon capture capacity, with more than $3 billion invested in the technology this year, is set to increase sixfold from current levels by 2030, according to an analysis by energy research firm…
An Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power
Alaska Air Base Wants to Build a Micro Nuclear Plant for Backup Power October 17, 2022 Last month, the Air Force issued a request for proposals to construct a 2.5-megawatt micro-reactor at Eielson to supplement its current 20-MW coal-fired heat and power plant that delivers power across the installation on…
Xcel Energy-Colorado positioned to lead clean energy transition, new president says
Xcel Energy-Colorado positioned to lead clean energy transition, new president says October 16, 2022 Robert Kenney took over as President of Xcel Energy-Colorado as the utility sought approval from state regulators for rate increases, a new clean energy plan and a proposal to reduce emissions from its natural gas system.…
Ontario’s electricity sector will need more natural gas generation: report
Ontario’s electricity sector will need more natural gas generation: report October 11, 2022 Ontario plans to secure more natural gas generation in order to fuel an expected surge in demand for electricity, the energy minister said Friday, the latest announcement in what critics describe as a scramble in the face…
Despite pandemic and supply chain problems, utility-scale solar posts a record in 2021
Despite pandemic and supply chain problems, utility-scale solar posts a record in 2021 Energize Weekly, October 12, 2022 A record 12.5 gigawatts (GW) of large, utility-scale photovoltaic solar projects came online in 2021 as the levelized cost of such projects has fallen 85 percent in the last 12 years, according…
