World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says

World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says

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.…

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Lynn Good projects $100B in spending on ‘clean energy transition’ at Duke Energy in the next 10 years

Lynn Good projects $100B in spending on ‘clean energy transition’ at Duke Energy in the next 10 years Sep 30, 2021 Touting Duke Energy Corp.’s sustainability goals at a presentation an S&P Global Inc. conference, CEO Lynn Good said the company will spend close to $100 billion on its transition to clean…

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Why California is shutting down its last nuclear plant

Why California is shutting down its last nuclear plant OCT 2 2021 As blackouts and flex hours roil California, the state and the local utility responsible for its last nuclear power plant, Diablo Canyon, are pushing ahead with plans to shut it down. This despite the fact that nuclear energy…

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State, federal actions show growing push for a nuclear role in reaching net zero emissions

State, federal actions show growing push for a nuclear role in reaching net zero emissions Sept. 28, 2021 Nuclear power advocates are increasingly emphasizing the value of existing but financially struggling U.S. nuclear plants in curbing carbon emissions and addressing climate change. Read more

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Hydropower output plummets in parched U.S. West with no quick end in sight

Hydropower output plummets in parched U.S. West with no quick end in sight

Hydropower output plummets in parched U.S. West with no quick end in sight Energize Weekly, September 29, 2021 The heat wave that blanketed the western United States this summer drained the region’s hydropower output, a situation that will likely continue in 2022 and may even get worse, according to reports…

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Utilities face greatest threat as climate risks intensify

Utilities face greatest threat as climate risks intensify 20 Sep, 2021 Climate change is pushing power, gas and water companies to the frontlines of an intensifying battle against natural disasters that is set to increasingly hit the profits of businesses around the world. Utilities face the highest combined physical risk…

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Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says

Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says

Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says Energize Weekly, September 15, 2021 The U.S. could get 40 percent of its electricity from solar installations by 2035 and 45 percent by 2050 – through $225 to $560 billion in the power grid…

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Los Angeles City Council approves transition to clean, carbon-free energy by 2035

Los Angeles City Council approves transition to clean, carbon-free energy by 2035 September 3rd, 2021 In a unanimous vote, the Los Angeles City Council yesterday (September 1) approved a motion introduced by Councilmembers Paul Krekorian and Mitch O’Farrelll requiring that 100 percent of the city’s electricity come from clean, zero carbon energy by 2035. Read…

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Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025

Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025

Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025 Energize Weekly, September 8, 2021 Global electric vehicle sales have rebounded from the pandemic with a forecast of reaching 16 percent of all passenger car purchases by 2025, but the pace remains far short…

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A New Frontier for Nuclear: Partnering With Utilities on Decommissioned Coal Sites

A New Frontier for Nuclear: Partnering With Utilities on Decommissioned Coal Sites August 30, 2021 Using existing coal infrastructure comes with perks that could speed the nuclear industry’s permitting and building processes in a moment when speed is of the essence. Read more

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Connexus electricity co-op wants a new power deal with Great River Energy

Connexus electricity co-op wants a new power deal with Great River Energy AUGUST 30, 2021 Connexus Energy, the largest owner of Great River Energy, wants to exit the big electricity generating co-op as a member, saying its longtime arrangement has become too costly and inflexible. Read more

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Global clean energy technology investment reached a record $500 billion in 2020

Global clean energy technology investment reached a record $500 billion in 2020

Global clean energy technology investment reached a record $500 billion in 2020 Energize Weekly, August 11, 2021 Global investment in clean energy technologies reached a record $501.3 billion in 2020, with renewable energy generation accounting for 60 percent of the total, according to a BloombergNEF analysis. The 2020 figure represents…

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Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission

Bipartisan $1T Senate infrastructure bill focuses on nuclear, carbon capture, transmission Aug. 3, 2021 A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a 67-32 consensus to advance the legislation. The vote to advance the bill included the support of 17 Republicans. Read…

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U.S. Power Sector Sees Biggest One-Year Drop in Emissions in More Than Two Decades

U.S. Power Sector Sees Biggest One-Year Drop in Emissions in More Than Two Decades JULY 23, 2021 U.S. power sector emissions dropped 10 percent between 2019 and 2020, owing to greater energy efficiency, less reliance on coal, and the coronavirus pandemic suppressing demand for electricity, according to a new report. This…

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Hydropower worries grow as Colorado River reservoirs continue to dry up

Hydropower worries grow as Colorado River reservoirs continue to dry up July 19, 2021 The water levels behind the Colorado River’s biggest dams are fast-approaching or already at record lows, thanks to a 21-year megadrought that’s squeezing water supplies across the Southwest. But the effects of drought are likely to…

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Growing Oregon Wildfire Threatens California Transmission Lines, State Issues Grid Warning

Growing Oregon Wildfire Threatens California Transmission Lines, State Issues Grid Warning July 10, 2021 Southern Oregon’s Bootleg Fire has grown to more than 143,000 acres as of Sunday morning, doubling in size from Saturday, when California energy officials warned it was encroaching on power transmission lines to the state. Read…

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IOUs cut carbon emissions in 2020, though the footprint remains big for some

IOUs cut carbon emissions in 2020, though the footprint remains big for some

IOUs cut carbon emissions in 2020, though the footprint remains big for some Energize Weekly, June 30, 2021 Coal-fired generation and carbon emissions are down among the largest investor-owned utilities, but even with sharp drops in emissions, the carbon footprint for some companies remains large, according to survey data from…

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Xcel Energy Cuts Emission, Set to Attain Carbon Neutrality

Xcel Energy Cuts Emission, Set to Attain Carbon Neutrality June 8, 2021 Xcel Energy announced that it has achieved more than 50% of the carbon neutrality target and is among the few utilities that have pledged to cut emissions from the electricity generation process by 100%. Read more

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Nebraska utility could slash emissions at little or no added cost, studies show

by Karen Uhlenhuth, March 29, 2021 Nebraska’s largest electric utility could dramatically reduce carbon emissions over the next three decades at little or no cost to ratepayers, according to a pair of recent reports prepared for the utility’s board of directors. The path — and cost — of completely eliminating emissions…

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Xcel Energy plans to transform its Colorado grid, boosting renewables and closing coal plants

Xcel Energy plans to transform its Colorado grid, boosting renewables and closing coal plants

Energize Weekly, March 3, 2021 Xcel Energy – in one of the country’s most sweeping initiatives to reconfigure a gird – has announced an $8 billion plan to double its renewable energy generation and storage in Colorado, add transmission and close all its coal-fired power plants in the state by…

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European oil companies changing names and shifting their focus to alternative energy

European oil companies changing names and shifting their focus to alternative energy

Energize Weekly, February 17, 2021 European oil companies are continuing their push to reorient and rebrand themselves as comprehensive energy companies and not just producers of oil and natural gas. On Feb. 9, French oil company Total announced it was changing its name to TotalEnergies to reflect a broader strategy…

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117th Congress opens to new energy, environment fights

Nick Sobczyk, Geof Koss and Kelsey Brugger, E&E News reporters; Monday, January 4, 2021 The 117th Congress opened to an uncertain political landscape yesterday, with a tight vote for the House speakership and with Senate control still up in the air. Lawmakers face fresh fights on energy and environmental issues, particularly climate change, but…

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Voters weigh in on local and state energy issues from renewable energy to oil and gas taxes

Voters weigh in on local and state energy issues from renewable energy to oil and gas taxes

Energize Weekly, November 11, 2020 Election returns on state and local energy issues were both literally and figuratively all over the map last week on issues ranging from renewable energy to oil and gas taxes. Voters in Alaska rejected a tax on oil operations while the industry was denied a…

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A Biden plan would speed a clean energy transition, but have limited impact on oil

A Biden plan would speed a clean energy transition, but have limited impact on oil

Energize Weekly, October 28, 2020 As Election Day nears, analysts are starting to focus on what the administration of front-running Joe Biden will mean for energy and find it could accelerate the decline of coal, stabilize near-term oil markets, as well as boost renewables and new jobs. A Biden administration,…

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Global carbon emissions flat in 2019 as the U.S. leads the way in CO2 cuts

Global carbon emissions flat in 2019 as the U.S. leads the way in CO2 cuts

Energize Weekly, February 19, 2020 Global carbon emissions slowed in 2019 after two years of growth as increases in developing nations were offset by a sharp drop in power sector emissions in developed countries led by the U.S., according to the International Energy Agency (IEA). The worldwide emissions of carbon…

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Climate change threatens profitability of investor-owned utilities, Moody’s says

Climate change threatens profitability of investor-owned utilities, Moody’s says

Energize Weekly, January 29, 2020 From heat to humidity to severe storms investor-owned utilities across the U.S. will face particular regional climate change hazards, according to an analysis by Moody’s Investors Services. A utility in the Southeast, such as Duke Energy, could face risk from heavier storms, floods and storm…

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International action has been insufficient to curb GHG, drastic action needed, the UN says

International action has been insufficient to curb GHG, drastic action needed, the UN says

Energize Weekly, December 4, 2019 The gap between international efforts to curb greenhouse gases (GHG) and the growing emissions has grown so large that dramatic reductions over the next decade are needed to avoid the worst impacts of climate change, according to a United Nations (UN) report. Under the 2015…

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Climate and energy policies around the world are falling short in meeting goals, IEA says

Climate and energy policies around the world are falling short in meeting goals, IEA says

Energize Weekly, November 20, 2019 Even if all the commitments made by countries to cut carbon emissions and provide dependable energy were enacted, the world would still fall far short of having clean, reliable energy in 2040, according to the International Energy Agency (IEA). The IEA placed all those emission and energy…

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IMF calls for $75-a-ton carbon tax, says current carbon-cutting measures are inadequate

IMF calls for $75-a-ton carbon tax, says current carbon-cutting measures are inadequate

Energize Weekly, October 23, 2019 An International Monetary Fund (IMF) analysis says that a $75-a-ton tax on carbon emissions or a comparable fiscal policy needs to be in place by 2030 to limit global warming to 2 degrees centigrade, though it will lead to sharp increases in electricity and gasoline…

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New England must increase renewables deployment almost eightfold to meet 2050 target

New England must increase renewables deployment almost eightfold to meet 2050 target

Energize Weekly, October 16, 2019 New England will have to increase the pace of renewable energy generation installations by four to eight times to meet 2050 goals to cut carbon emissions, according to a study by the Brattle Group, an economic and regulatory consultant. The region has a goal, as…

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Carbon emissions in heavy industry and transport could be could to zero by 2060, study says

Carbon emissions in heavy industry and transport could be could to zero by 2060, study says

Energize Weekly, November 28, 2018 Heavy industry carbon emissions—less of a focus and harder to curb than the power sector’s—could be reduced to zero by 2060 at cost of just a fraction of global Gross Domestic Product (GDP), according to a new study by the nonprofit Energy Transitions Commission. The…

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2017 saw upending events in the utility sector as long-term trends showed staying power

Energize Weekly, January 3, 2018 The utility industry faced a tumultuous 2017 with big policy initiatives from Washington and strong underlying trends continuing to challenge the sector. Many of the year’s big stories came from the Trump administration, but markets and corporate decisions also played a big role in defining…

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