By - Jim Vess

Corporate clean energy purchases soared in 2019 to a record 19.5 GW, Bloomberg says

Energize Weekly, February 5, 2020 Corporations purchased a record 19.5 gigawatts (GW) of clean energy contracts in 2019, a 40 percent increase over 2019, according to Bloomberg New Energy Finance (BNEF). Contracts, primarily power purchase agreements (PPAs), were signed by more than 100 companies in 23 different countries, marking a three-fold increase from 2017. “Corporations have purchased over 50 GW

By - Jim Vess

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 surges that could threaten plant operations and coal ash piles.

By - Jim Vess

Aging grid challenged by shift to renewable and natural gas generation, ScottMadden says

Energize Weekly, January 22, 2020 The aging U.S. electrical grid is facing challenges from just-in-time natural gas plant fueling and a growing demand for renewable generation, which it will not be able to meet without new investment and policies, according to a study by business consultant ScottMadden Inc. “The grid is undergoing a shift in its generation mix,” the report,

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