Coal Creek carbon capture, hydrogen hub among projects seeking clean energy funding 11/30/2021 A new arm of state government tasked with vetting funding applications for clean energy projects will evaluate eight proposals in the coming weeks, including one involving a carbon capture system at Coal Creek Station and another related…
$4B Advanced Nuclear Power Plant Set for Former Wyo. Coal Site
$4B Advanced Nuclear Power Plant Set for Former Wyo. Coal Site November 20, 2021 TerraPower LLC, the design startup backed by Microsoft founder Bill Gates, has chosen to build a demonstration of its 345-MW Natrium advanced nuclear reactor in Kemmerer, Wyo., near the Naughton two-unit, coal-fired plant that is set…
Coal-fired power plants to close after new wastewater rule
Coal-fired power plants to close after new wastewater rule 11/23/2021 Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down. It’s the expense of stricter pollution controls on their wastewater. Read more
EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025
EV sales poised to set a record in 2021, forecast to reach a 20 percent market share by 2025 Energize Weekly, November 24, 2021 A booming global electric vehicle (EV) market is forecast to post more than 7 million in sales of battery-electric and hybrid plug-in cars in 2021, double…
Virginia GOP targets clean energy law, but options for rollback are limited
Virginia GOP targets clean energy law, but options for rollback are limited November 9, 2021 Newly emboldened Virginia Republicans are vowing to roll back the state’s landmark clean energy reforms enacted by Democrats over the last two years. Read more
Global initiatives take aim at ending the use of coal, financing to be trimmed by 99 percent
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…
Dozens of nations back pledge to slash methane emissions at COP26
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.…
Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions
Clean tech investment soars in 2021, IEA says it has to go much higher to curb emissions Energize Weekly, November 3, 2021 Clean tech investment, from both the public and private sectors, has been growing rapidly in 2021, but it still may not be fast enough to alter global emissions…
Congress eyes $235B in clean energy subsidies. Here they are
Congress eyes $235B in clean energy subsidies. Here they are 10/26/2021 Congress has a long-standing aversion to climate policy. Cap and trade saw a spectacular death in 2010. A plan to pay utilities for selling more clean electricity was axed this month. And proposals to tax carbon dioxide emissions never…
Natural gas and net zero: Can they coexist?
Natural gas and net zero: Can they coexist? 10/13/21 A new net-zero goal from CenterPoint Energy Inc., a Texas-based utility company, contains an eye-catching 2035 timeline that puts it 15 years ahead of many industry peers. Read more
DOE Invests $61 Million for Smart Buildings that Accelerate Renewable Energy Adoption and Grid Resilience
DOE Invests $61 Million for Smart Buildings that Accelerate Renewable Energy Adoption and Grid Resilience October 14, 2021 The U.S. Department of Energy (DOE) has announced $61 million for 10 pilot projects that will deploy new technology to transform thousands of homes and workplaces into state-of-the-art, energy-efficient buildings. These Connected…
Climate-driven weather disasters threaten global energy infrastructure, IEA says
Climate-driven weather disasters threaten global energy infrastructure, IEA says Energize Weekly, October 20, 2021 Energy and infrastructure systems built over the last century are becoming more vulnerable to the ravages of climate change-driven extreme weather events, according to a series of reports. “Extreme weather events over the past year have…
DOE Announces $20 Million to Produce Clean Hydrogen From Nuclear Power
DOE Announces $20 Million to Produce Clean Hydrogen From Nuclear Power October 7, 2021 The U.S. Department of Energy (DOE) today announced $20 million in funding to demonstrate technology that will produce clean hydrogen energy from nuclear power. This innovative approach will allow clean hydrogen to serve as a source…
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.…
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…
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…
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
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…
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…
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…
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…
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…
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
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
W.Va. PSC approves plan to keep Mitchell Power Plant open
W.Va. PSC approves plan to keep Mitchell Power Plant open AUG 5, 2021 The West Virginia Public Service Commission approved a plan to keep several power plants, including Marshall County’s Mitchell Power Plant, operating until at least 2040. But questions remain about the plant’s future. Read more
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…
Utilities are struggling to keep the lights on as fires, drought plague California
Utilities are struggling to keep the lights on as fires, drought plague California AUG 1 2021 The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Read more
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…
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…
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…
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…
Clean electricity standard carries $1.8T upside – study
Clean electricity standard carries $1.8T upside – study July 12, 2021 A national clean electricity standard would save thousands of lives and yield other health and climate benefits that would outweigh the policy’s costs, according to a first-of-its-kind study. Read more
Oklo has a plan to make tiny nuclear reactors that run off nuclear waste
Oklo has a plan to make tiny nuclear reactors that run off nuclear waste JUN 28 2021 The face of nuclear energy is changing, and one of the companies working to redefine what nuclear energy looks like is Oklo. The 22-person Silicon Valley start-up has a plan to build mini-nuclear reactors,…
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…
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
Biden Administration Strikes Deal To Bring Offshore Wind To California
Biden Administration Strikes Deal To Bring Offshore Wind To California May 25, 2021 The Biden administration plans to open the California coast to offshore wind development, ending a long-running stalemate with the Department of Defense that has been the biggest barrier to building wind power along the Pacific Coast. Read…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
