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 almost all the coal-fired power…
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 PPA Price Index report said…
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 suppliers failed to deliver, leading…
CPS Energy will phase out coal, close Spruce plant January 24, 2023 Before the end of the decade, the electricity powering San Antonio’s homes and businesses won’t rely on a polluting coal plant. But CPS Energy isn’t committing to all renewables just yet. The city-owned utility’s board voted 4-1 yesterday to choose a new portfolio…
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 analysis by energy consultant RMI.…
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 of new infrastructure. Once the…
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 Puerto Rico’s Electric Power Authority,…
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 grid to regional grid. On…
Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm Energize Weekly, January 11, 2023 The fallout from the soaring natural gas prices created by Winter Storm Uri in 2021 continues as four rural Colorado electric cooperatives have filed a complaint with federal regulators saying they were overcharged by their wholesale electricity supplier,…
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 — is drawing fresh interest after…
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 outlined the possible partnership in…
Pleasants Power Purchase Under Consideration in West Virginia PSC Order JAN 3, 2023 An order from the West Virginia Public Service Commission last week approving rate increases for two power companies also included a provision for those companies to evaluate the possible purchase of the Pleasants Power plant. In an order issued Friday, the PSC…
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