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.…
Japan’s ‘clean coal’ power experiment is starting to bear fruit January 16, 2023 On a small island in western Japan’s Hiroshima prefecture, reachable only by a 30-minute ferry ride from the mainland, a decadelong attempt to prove coal can be made “clean” is drawing to an end — though its accomplishments face a murky future.…
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 2022 renewable energy goal by…
Holtec seeks $7.4 billion loan for expansion tied to new reactor Jan. 9, 2023 Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its existing U.S. facilities, and to…
Energy efficiency investments jump in 2022 spurred by energy security concerns Energize Weekly, December 28, 2022 Global investment in energy efficiency – from building renovations to public transport to electric vehicle infrastructure – increased 16 percent in 2022, reaching $560 billion as efficiency gains grew fourfold, according to the International Energy Agency (IEA). “If the…
Global carbon capture capacity set to grow sixfold by 2030, BloombergNEF says Energize Weekly, October 26, 2022 Global carbon capture capacity, with more than $3 billion invested in the technology this year, is set to increase sixfold from current levels by 2030, according to an analysis by energy research firm BloombergNEF. That increase, however, will…
Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says Energize Weekly, September 21, 2022 Old coal-fired power plants could have an economical, second life as sites for a new generation of nuclear power projects, according to a study by the U.S. Department of Energy (DOE). Siting nuclear capacity…
War and pandemic are leading to a surge in government support for fossil fuels, study says Energize Weekly, September 7, 2022 The combination of the COVID pandemic and the war in Ukraine has spurred an almost doubling in government support for fossil fuel production among major economies, according to an analysis by the International Energy…
Climate bill cuts carbon emissions and inflation while boosting economy, studies say Energize Weekly, August 10, 2022 The climate, healthcare and budget bill passed by the U.S. Senate Aug. 7 will help curb both greenhouse gas emissions and inflation while providing a modest boost to the economy, according to three analyses of the legislation. The…
Waterloo becomes fourth city in the country to adopt carbon-free plan Jul 18, 2022 The city of Waterloo has vowed to run on carbon-free electricity by 2035, making it the fourth city in the U.S. to adopt the pledge. The City Council voted unanimously to adopt a carbon-free electricity goal Monday night. Mayor Quentin Hart…
U.S. Supreme Court ruling won’t change coal’s downward trend in the power sector Energize Weekly, July 13, 2022 The U.S. Supreme Court’s ruling limiting federal regulation of power plant greenhouse gas emissions will not do much to reverse the decline of coal-fired generation or greenhouse gas emissions, according to two analyses. “We find that the…
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