World Leaders Agree to Boost Nuclear Power, While Germany Shuts Its Plants

World Leaders Agree to Boost Nuclear Power, While Germany Shuts Its Plants April 17, 2023 Some of the world’s largest most influential nations have formed an alliance to create new supply chains for nuclear energy—the same weekend that another country announced it had completely weaned itself off the energy source.…

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A key link in bringing Wyoming wind power to California gets federal BLM approval

A key link in bringing Wyoming wind power to California gets federal BLM approval

A key link in bringing Wyoming wind power to California gets federal BLM approval Energize Weekly, April 19, 2023 After 15 years of planning and permitting battles, a key piece in billionaire Philip Anschutz’s $8 billion project to bring Wyoming wind power to California – the 732-mile TransWest Express transmission…

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PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants

PacifiCorp eyes renewables as it plans to stop burning coal at most of its Wyoming plants April 5, 2023 Wyoming’s largest power company is shifting toward renewables and away from coal; however, the state is still planning a future that includes fossil fuels. PacifiCorp, also known as Rocky Mountain Power…

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The pace of U.S. coal-fired plant closures quickens, coal’s share of generation to plummet

The pace of U.S. coal-fired plant closures quickens, coal’s share of generation to plummet

The pace of U.S. coal-fired plant closures quickens, coal’s share of generation to plummet Energize Weekly, April 5, 2023 The pace of U.S. coal-fired plant closures continues to accelerate with half of all the capacity, which peaked in 2011, closed by 2026, according to the Institute for Energy Economics and…

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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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Texas lawmakers propose bills moving away from renewable energy in attempt to shore up power grid

Texas lawmakers propose bills moving away from renewable energy in attempt to shore up power grid March 9, 2023 Some Texas senators unveiled plans Thursday to shift the focus away from wind and solar and toward resources like natural gas. It was part of nine bills Texas lawmakers announced aimed…

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Constellation starts up nuclear-powered clean hydrogen facility in New York

Constellation starts up nuclear-powered clean hydrogen facility in New York Mar 07, 2023 Constellation Energy Company has started up a 1MW demonstration-scale, nuclear-powered clean hydrogen production facility at its Nine Mile Point plant in Oswego, New York. Believed to be the first of its kind in the nation, the plant…

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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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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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‘New era’ for wind industry as Vestas makes blade recycling breakthrough

‘New era’ for wind industry as Vestas makes blade recycling breakthrough 2/8/23 Vestas has unveiled a crucial new technology that could put an end to decommissioned wind turbine blades being sent for scrap. The Danish manufacturing company says its solution “renders epoxy-based turbine blades as circular”, without the need for…

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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

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…

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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…

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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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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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California is lone holdout in Colorado River cuts proposal

California is lone holdout in Colorado River cuts proposal January 31, 2023 Six Western states that rely on water from the Colorado River have agreed on a model to dramatically cut water use in the basin, months after the federal government called for action and an initial deadline passed. California…

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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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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…

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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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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…

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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 —…

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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…

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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,…

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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…

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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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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…

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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…

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Wind energy is now South Dakota’s No. 1 producer of electricity, but not every day

Wind energy is now South Dakota’s No. 1 producer of electricity, but not every day November 28, 2022 Wind has surpassed hydroelectric power as the largest generator of electricity in South Dakota. South Dakota now produces twice as much electricity as it uses. It exports the rest to nearby states,…

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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…

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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

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…

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Big Utilities See Inflation Reduction Act Helping Reduce Customers’ Energy Bills

Big Utilities See Inflation Reduction Act Helping Reduce Customers’ Energy Bills November 14, 2022 Utility giants planning to spend billions of dollars to move away from fossil fuels see the Inflation Reduction Act helping to reduce the cost of that transition as its customers grapple with high energy bills. Executives…

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Spurred by high commodity prices, energy production revenues on federal lands surge

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…

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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…

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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

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…

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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…

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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

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).…

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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…

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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…

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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.…

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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…

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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

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…

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Xcel Energy’s ability to meet next summer’s electricity demand hangs on two Pueblo solar projects

Xcel Energy’s ability to meet next summer’s electricity demand hangs on two Pueblo solar projects Oct 4, 2022 Xcel Energy is moving to close a gap in electricity supplies that, for the moment, leaves the region short on electric generation and reserves for the summers of 2023 and 2024. In…

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New York ISO issues long-term system and resource outlook

New York ISO issues long-term system and resource outlook September 26, 2022 The New York Independent System Operator (NYISO) issued a report identifying the amount of electrical system investment required to meet New York State’s long-term climate policy requirements. NYISO’s 2021-2040 System & Resource Outlook, developed in collaboration with stakeholders…

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