New York grid operator sees generating margins shrinking, increased reliability risks Energize Weekly, June 22, 2022 The buffer of extra generating capacity – the reserve or reliability margin – is shrinking in New York State as fossil-fuel plants retire faster than renewable sources are being added, according to an assessment by the state’s grid operator.…
Biden administration unveils $6 billion program to keep nuclear power plants from closing Energize Weekly, April 27, 2022 The federal government has launched a $6 billion program to support the operation and prevent the closure of any of the nation’s nuclear reactors – seen by the Biden administration as a key component in helping the…
Global methane emissions seriously under reported, IEA analysis finds Energize Weekly, March 2, 2022 Global energy sector methane emissions are an estimated 70 percent higher than the figures reported by countries to the United Nations, according to the International Energy Agency (IEA). Nations report emissions to the United Nations Framework Convention on Climate Change (UNFCCC),…
Clean power faced headwinds in 2021 and the pace of installations faltered Energize Weekly, February 23, 2022 Clean power installations – wind, solar and battery storage – were down slightly in 2021 as the various sectors face challenges ranging from tariffs to expiring tax credits to regulatory uncertainty, according to the industry trade group American…
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 financing from public markets and…
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 rise, according to analyses by…
Pandemic-hobbled economy in 2020 led to the lowest U.S. carbon emissions in 37 years Energize Weekly, January 5, 2022 The COVID pandemic depressed U.S. economic activity so much in 2020 that carbon emissions dropped to their lowest level since 1983, with an 11 percent decrease in emissions over 2019 to 4.6 billion metric tons, according…
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 the International Energy Agency (IEA).…
New York State OKs transmission projects to bring clean energy to New York City Energize Weekly, December 8, 2021 Setting the stage for its biggest transmission initiative in 50 years, New York State has struck agreements for two high-tension lines to bring more than 2 gigawatts of wind, solar and hydroelectricity to New York City…
Global initiatives take aim at ending the use of coal, financing to be trimmed by 99 percent Energize Weekly, November 10, 2021 Global momentum to end of the use of coal-fired generation is growing as more than 40 countries last week pledged to end the use of coal, and key financial backing for plants has…
Dozens of nations back pledge to slash methane emissions at COP26 2 Nov 2021 Dozens of countries have joined a United States and European Union pledge to cut emissions of methane by at least 30 percent this decade, in one of the most significant climate commitments so far at COP26. Read more
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. Energy Information Administration (EIA). The…
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