Cleantech investments soar to a record $755 billion in 2021, BNEF says

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…

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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

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…

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The U.S. is divided over whether nuclear power is part of the green energy future

The U.S. is divided over whether nuclear power is part of the green energy future January 18, 2022 As climate change pushes states in the U.S. to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources might not…

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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

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…

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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…

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ERCOT says generation, transmission ready for winter following on-site inspections

ERCOT says generation, transmission ready for winter following on-site inspections 30 Dec 2021 Generation and transmission facilities in the Electric Reliability Council of Texas market are ready for winter, ERCOT said Dec. 30 after inspecting more than 300 generation units and 22 transmission facilities representing 85% of the megawatt hours…

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The FCC may be facing another nuclear-sized interference problem

The FCC may be facing another nuclear-sized interference problem 12/20/2021 Federal spectrum regulators at the FCC have come under increasing fire over concerns that 5G in C-band spectrum might interfere with aircraft radio altimeters. Indeed, that issue has ballooned into a major national debate, with executives in the airline industry claiming a “catastrophic…

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Renewable and coal-fired power generation surge in 2021 led by India and China

Renewable and coal-fired power generation surge in 2021 led by India and China

Renewable and coal-fired power generation surge in 2021 led by India and China Energize Weekly, December 22, 2021 The global profile for electricity generation in 2021 is a tale of surging old and new power as both renewable energy and coal-fired generation are set to reach record highs, according to…

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Operator warns New England power system at ‘heightened risk’ heading into winter

Operator warns New England power system at ‘heightened risk’ heading into winter Dec 11, 2021 New England’s electric grid operator warned Monday that power outages are possible if an extended cold snap this winter grips the region and fuel supplies are pinched as demand spikes. ISO-New England said natural gas…

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Cincinnati, Columbus settle civil claims related to FirstEnergy bailout

Cincinnati, Columbus settle civil claims related to FirstEnergy bailout December 14, 2021 The cities of Cincinnati and Columbus have dismissed their state court claims against FirstEnergy and Energy Harbor for the companies’ actions relating to House Bill 6, the nuclear and coal bailout law at the heart of a $60…

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ERCOT inspecting more than 300 Power Plants to ensure Texas Power Grid is ready for winter

ERCOT inspecting more than 300 Power Plants to ensure Texas Power Grid is ready for winter Dec 6, 2021 The Electric Reliability Council of Texas (ERCOT) has announced that by the end of this month, they’ll have inspected more than 300 power generation plants. Including natural gas, nuclear, coal, wind…

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State Officials See Nuclear Plant as Key to Connecticut’s Energy Goals

State Officials See Nuclear Plant as Key to Connecticut’s Energy Goals DECEMBER 7, 2021 The future of energy — and energy costs — in New England hinge on the continued operation of Millstone Nuclear Power Station if Connecticut remains committed to the administration’s goal of a carbon-free electrical grid by…

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Nuclear Bans Tumble as Once-Skeptical States Seek Carbon Cuts

Nuclear Bans Tumble as Once-Skeptical States Seek Carbon Cuts Nov. 30, 2021 States that were once wary about nuclear power are now mulling policies to move forward with it as a way to decarbonize the electric grid, reach emissions-free energy goals, and preserve jobs in communities with aging and shuttering…

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A New Generation of Nuclear Reactors Could Hold the Key to a Green Future

A New Generation of Nuclear Reactors Could Hold the Key to a Green Future NOVEMBER 16, 2021 On a conference-room whiteboard in the heart of Silicon Valley, Jacob DeWitte sketches his startup’s first product. In red marker, it looks like a beer can in a Koozie, stuck with a crazy…

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Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age

Nuclear power plant operators want to run for eight decades, but a federal lab in Washington state found ‘critical gaps’ in knowledge about how reactors age Nov. 1, 2021 Federal regulators have embarked on a new era of relicensing that could eventually enable Washington’s Columbia Generating Station and many other…

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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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Why California is shutting down its last nuclear plant

Why California is shutting down its last nuclear plant OCT 2 2021 As blackouts and flex hours roil California, the state and the local utility responsible for its last nuclear power plant, Diablo Canyon, are pushing ahead with plans to shut it down. This despite the fact that nuclear energy…

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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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The end of an era: TVA gives up construction permit for Bellefonte nuclear plant after 47 years

The end of an era: TVA gives up construction permit for Bellefonte nuclear plant after 47 years September 17, 2021 Nearly 47 years after construction began on the Bellefonte Nuclear Power Plant in Northeast Alabama, the Tennessee Valley Authority is giving up its construction permit for America’s biggest unfinished nuclear…

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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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Illinois Legislature saves at-risk nuclear plants with clean energy bill

Illinois Legislature saves at-risk nuclear plants with clean energy bill September 13, 2021 The Illinois Legislature has approved legislation providing nearly $700 million in subsidies over five years to save unprofitable nuclear plants, acting in the final hour to stop at least one from shutting down. Read more

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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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Westinghouse to pay over $20 million for failed Summer project

Westinghouse to pay over $20 million for failed Summer project Sep 2, 2021 Westinghouse Electric Company has entered into a cooperation agreement with the Department of Justice in connection with its role in the failed effort to build two AP1000 reactors at the Summer nuclear plant in Jenkinsville, S.C. Read…

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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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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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As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses

As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses AUGUST 17, 2021 State regulators will consider signing off Tuesday on a plan marking a significant shift in how cost overruns are handled for Georgia Power’s Plant Vogtle expansion, which is already billions of dollars over budget and years…

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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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FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme

FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme Jul 22, 2021 Facing a federal charge for honest services wire fraud in a corruption case related to the billion-dollar nuclear plant bailout in Ohio, FirstEnergy Corp. has agreed to abide by the terms of a three-year deferred prosecution settlement to get…

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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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Barrasso says new legislation sets stage for new Wyoming Natrium nuclear reactor

Barrasso says new legislation sets stage for new Wyoming Natrium nuclear reactor July 19, 2021 Wyoming’s U.S. Sen. John Barrasso on Friday helped introduce the “American Nuclear Infrastructure Act,” legislation which he says would set the stage “to deploy advanced nuclear technologies like the Natrium reactor coming to Wyoming.” Read…

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More than half the U.S. faces electricity supply problems in the face of a long, hot summer

More than half the U.S. faces electricity supply problems in the face of a long, hot summer

More than half the U.S. faces electricity supply problems in the face of a long, hot summer Energize Weekly, July 7, 2021 More than half the U.S. – primarily in the West, Texas, Midwest and to a lesser extent, New England – is at risk of energy emergencies this summer,…

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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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