Australia’s largest coal-fired power plant Eraring in Lake Macquarie to stay open for two extra years 22 May 2024 The Eraring Power Station in Lake Macquarie will remain open for an additional two years beyond its original 2025 closure date in a deal between Origin and the NSW state government. Under the agreement, the state…
Idaho regulators reject utility’s bid to limit liability for wildfire damages May 23, 2024 The Idaho Public Utilities Commission turned down a request last week from an electric company that wanted to limit its responsibility for future wildfire damages. Portland-based PacifiCorp, which serves about 90,000 Idaho customers through Rocky Mountain Power, asked the commission last…
America’s largest coal source may be losing federal business. But not without a fight May 20, 2024 The Biden administration announced plans to end new coal leasing in the Powder River Basin, which produces nearly half of the country’s coal—much to the chagrin of top Wyoming lawmakers. The Bureau of Land Management’s environmental impact statement,…
Biggest electric utility in Wyoming sues regulators over partial denial of rate hike May 21, 2024 Pacificorp, which owns the largest electric utility serving Wyoming, has sued state regulators. The parent company Rocky Mountain Power is asking the U.S. District Court to overturn the Wyoming Public Service Commissioners’ decision in January to only approve a…
Iberdrola to buy rest of US power firm Avangrid in $2.6 billion deal May 17, 2024 Spanish utility Iberdrola (IBE.MC), opens new tab has agreed to acquire the remaining 18.4% stake in Avangrid (AGR.N), opens new tab that it does not already own, the U.S. subsidiary said on Friday, in an all-cash deal worth about…
FERC adopts sweeping transmission planning regulations with the aim of speeding projects Energize Weekly, May 22, 2024 The Federal Energy Regulatory Commission (FERC) adopted a sweeping new regulation, on May 13, aimed at spurring the planning and construction of new transmission lines to meet the growing needs of the nation’s overworked electric grid. The new…
FirstEnergy Using Helicopters and Infrared Technology for Vegetation Management Inspections May 14, 2024 To keep power flowing safely and reliably, FirstEnergy Corp. is conducting proactive aerial inspections of nearly 7,000 miles of transmission lines in its service territory using helicopters equipped with infrared technology. This work helps ensure that high-voltage power lines and equipment remain…
AEP Ohio: Data center electricity demands to put central Ohio on same tier as Manhattan May 14, 2024 AEP Ohio is asking state regulators to sign off on a new plan to deal with the surge in data centers in central Ohio that is expected to eat up so much electricity in coming years that…
Global financing for clean tech manufacturing soared to $200 million in 2023 Energize Weekly, May 15, 2024 Global investment in clean technology manufacturing grew year-over-year by 70 percent to $200 billion in 2023, making it one of the largest industrial sectors for new financing, according to a report by the International Energy Agency (IEA). “Governments…
PJM predicts adequate resources to meet hotter, wetter summer demand May 06, 2024 Valley Forge, Pa.-based PJM Interconnection said Thursday it anticipates having enough resources to meet electricity demand for what weather forecasters say will be a hotter and wetter summer. In a release, the operator of the nation’s largest electrical grid said despite generator…
Coal-Fired Mill Creek Generating Station Readies for New 7HA.03 Gas-Fired Unit Apr 30, 2024 Louisville Gas and Electric Co. and Kentucky Utilities Co. (LG&E and KU) will replace two aging coal generation units at Mill Creek Generating Station in Kentucky—a combined 600 MW—with a 645-MW GE Vernova hydrogen-ready 7HA.03 gas turbine. GE Vernova announced the…
Duluth electric utility owner Allete sold for $6.2 billion May 6, 2024 A Canadian pension board and a New York-based investment firm have agreed to purchase Allete, the parent company of Duluth-based utility Minnesota Power, for $6.2 billion. The partnership paid $67 per share to acquire Allete and plans to take the company private, pending…
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