Xcel plans to replace Colorado power plant in Pueblo with renewable energy battery system

Xcel plans to replace Colorado power plant in Pueblo with renewable energy battery system SEPTEMBER 25, 2023 Xcel Energy recently announced its intent to construct a long duration energy storage system at the site of a coal-fired power plant in Pueblo. Once operational, the system in Colorado “will allow Xcel…

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U.S. solar installations to set a record in 2023 despite tariff, supply chain, and funding uncertainties

U.S. solar installations to set a record in 2023 despite tariff, supply chain, and funding uncertainties

U.S. solar installations to set a record in 2023 despite tariff, supply chain, and funding uncertainties Energize Weekly, September 27, 2023 Solar installations in the U.S. are poised to reach a record 32 gigawatts (GW) of new capacity in 2023, a 52 percent increase over last year, even as the…

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California’s energy mix is changing but natural gas still the No. 1 source

California’s energy mix is changing but natural gas still the No. 1 source AUG. 25, 2023 Some things are changing in California’s mix of energy sources for electricity generation, but others are not. With policymakers looking to derive 100 percent of the state’s electricity from carbon-free sources by 2045, the…

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TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth

TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth Aug. 28, 2023 During the decade before COVID, TVA’s seven-state region saw almost no electric load growth. Post-COVID, the region has experienced tremendous economic growth, fueled by several factors. The Tennessee Valley Authority Board of…

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Inflation Reduction Act could unleash $3 trillion in renewable energy investments

Inflation Reduction Act could unleash $3 trillion in renewable energy investments

Inflation Reduction Act could unleash $3 trillion in renewable energy investments Energize Weekly, August 23, 2023 The $1.2 trillion in incentives proposed under the U.S. Inflation Reduction Act (IRA) will spur about $3 trillion investment in renewable energy technology over the next decade, according to Goldman Sachs Research. Goldman Sachs…

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Public meeting held to address proposal to close four coal plants in Western Kentucky

Public meeting held to address proposal to close four coal plants in Western Kentucky Aug. 14, 2023 People from across Western Kentucky voiced their concerns over a proposal to close several coal plants. In Madisonville, the Public Service Commission hosted a public comment session Monday to address a recent proposal…

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PSC to retire several coal, natural gas plants

PSC to retire several coal, natural gas plants Aug 4, 2023 The Kentucky Public Service Commission (PSC) will provide several opportunities over the next month for the public to receive information and provide comments regarding Louisville Gas and Electric and Kentucky Utilities’ (LG&E/KU) request to retire four coal-fired electric generating…

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Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050

Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050 July 28, 2023 DTE Energy received approval for its CleanVision Integrated Resource Plan (IRP) this week from the Michigan Public Service Commission (MPSC), greenlighting a clean energy plan that will speed the end of…

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Infrastructure and green energy spending are powering the economy

Infrastructure and green energy spending are powering the economy July 28, 2023 A surge in government funding and related private investment is beginning to make its way to businesses and communities across the country, building electric vehicles, new bridges, airport upgrades and a host of other infrastructure and green energy…

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NV Energy wants $1.8B to replace Nevada’s last coal plant

NV Energy wants $1.8B to replace Nevada’s last coal plant July 20, 2023 NV Energy is committing to shutting down its last coal plant by 2025, the utility announced Wednesday, and will spend nearly $2 billion to do it. The news comes after questions were raised early this year on…

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DTE Energy to move up retirement of its coal-fired Monroe Power Plant by 3 years

DTE Energy to move up retirement of its coal-fired Monroe Power Plant by 3 years July 12, 2023 Detroit-based DTE Energy Co. announced a clean energy plan Wednesday that includes moving up the retirement of its coal-fired Monroe Power Plant — one of the largest emitters of greenhouse gases in…

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Duke Energy Kentucky partners with Amazon for solar project

Duke Energy Kentucky partners with Amazon for solar project July 10, 2023 Duke Energy Kentucky recently completed a new utility-scale rooftop solar project on the Amazon Air Hub rooftop adjacent to the Cincinnati/Northern Kentucky International Airport. This project is the largest rooftop solar array in the state, with over 5,600…

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U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges

U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges

U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges Energize Weekly, June 28, 2023 After a record-setting first quarter in 2023, the U.S. solar industry is poised for rapid growth while facing a spate of challenges including system underperformance, labor shortages and…

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Tax Incentives To Supercharge U.S. Clean Energy Transition

Tax Incentives To Supercharge U.S. Clean Energy Transition Jun 18, 2023 The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released guidance on key provisions in the IRA to expand the reach of the clean energy tax credits and help build projects more quickly and affordably.…

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Local opposition to wind and solar development growing across the country, survey finds

Local opposition to wind and solar development growing across the country, survey finds

Local opposition to wind and solar development growing across the country, survey finds Energize Weekly, June 14, 2023 The number of local regulations on renewable energy projects, which could hamper, delay or block development, is on the rise in the U.S., according to a report by the Columbia University Sabin…

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Storage battery installations surge in first quarter of 2023 led by Texas and California

Storage battery installations surge in first quarter of 2023 led by Texas and California

Storage battery installations surge in first quarter of 2023 led by Texas and California Energize Weekly, June 7, 2023 Total battery storage installations in the U.S. are surging with first quarter 2023 capacity up 52 percent to 10.8 gigawatts (GW) with another 3.2 GW slated for the second quarter, according…

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California unlikely to run short of electricity this summer thanks to winter storms, new power sources

California unlikely to run short of electricity this summer thanks to winter storms, new power sources May 25, 2023 California regulators say the state is unlikely to experience electricity shortages this summer after securing new power sources and a wet winter that filled the state’s reservoirs enough to restart hydroelectric…

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Kentucky’s largest utility tests new law creating barrier to retire fossil fuel plants

Kentucky’s largest utility tests new law creating barrier to retire fossil fuel plants May 30, 2023 Republican lawmakers in Kentucky, raising concerns that planned and ongoing retirements of coal-fired power plants could affect the reliability and resilience of the electric grid, passed a new law that creates an extra barrier…

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U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns Energize Weekly, May 24, 2023 U.S. power grids are facing a risky summer and an even riskier winter, according to analyses by the North American Electric Reliability Corp. (NERC), the agency that oversees grid reliability and security.…

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Winter rains lift California hydropower outlook, easing regional demand for natural gas

Winter rains lift California hydropower outlook, easing regional demand for natural gas

Winter rains lift California hydropower outlook, easing regional demand for natural gas Energize Weekly, May 17, 2023 Heavy rains have filled California reservoirs and boosted the prospect for hydropower – welcomed news to the rest of the West, which saw natural gas prices soar last winter as California utilities scrambled…

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Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids Energize Weekly, April 26, 2023 A surge in clean energy projects – a 40 percent year-over-year increase in 2022 – is creating a traffic jam in getting onto the U.S. electric grid, according to a Lawrence…

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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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U.S. EV and battery investments reached $120 billion in 2023 spurred by federal legislation

U.S. EV and battery investments reached $120 billion in 2023 spurred by federal legislation

U.S. EV and battery investments reached $120 billion in 2023 spurred by federal legislation Energize Weekly, March 29, 2023 Electric vehicle (EV) and battery manufacturing investments in the U.S. surged by $120 billion in the last eight years with federal legislation spurring activity, according to a study by the Environmental…

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DOE working with partners to accelerate long-duration energy storage

DOE working with partners to accelerate long-duration energy storage March 09, 2023 The U.S. Department of Energy (DOE) took a step forward this week toward accelerating the commercialization of long-duration energy storage (LDES). While shorter-duration energy storage is currently being installed to support renewable energy generation, long-duration storage technologies are…

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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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Electric Vehicles Loom Large in U.S. Power Grid Modernization

Electric Vehicles Loom Large in U.S. Power Grid Modernization February 9, 2023 Since its inception, the U.S. electric grid has mostly operated smoothly as one synchronous machine with a one-directional flow of electricity to meet the nation’s predictable power needs. However, as older centralized thermal resources are being replaced with…

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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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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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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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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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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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