Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023 Energize Weekly, July 3, 2024 Even in the face of extreme weather events and higher rates of forced outages at generating facilities, the U.S.-Canadian electric grid remained “reliable and secure” in 2023, according to the North American Electric Reliability Corp.…
N.C.’s ratepayer advocate: Duke Energy ‘failed’ to consider incentives that would cut costs & enable more clean energy June 25, 2024 Duke Energy’s plan to zero out its carbon pollution all but ignores a federal loan program that could save ratepayers hundreds of millions of dollars and enable more clean energy, the state’s ratepayer advocate…
Record temperatures will increase electricity demand, but not natural gas or coal prices Energize Weekly, June 26, 2024 Record temperatures are set to increase electricity demand this summer, but analyses find that a combination of ample gas storage and more renewable generation will help prevent a spike in natural gas prices. “We expect the U.S.…
Clean energy mandate for Vt. utilities becomes law after Democrats override veto June 17, 2024 The biggest energy policy to come out of Montpelier this year is hitting home in concrete ways for two Vermont mothers who showed up to the Statehouse on Monday. The legislation requires all Vermont utilities to source 100% of their…
Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says Energize Weekly, June 19, 2024 The scale and speed of the energy transition risks project delays and setbacks leading to cost overruns of 15 percent to 20 percent, equal to $150 billion a year, according to research paper…
U.S. Solar Sector Shows Record-Setting Growth Jun 6, 2024 A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to analysis by the Electric Power…
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…
Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum May 14, 2024 President Joe Biden slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment on Tuesday, taking potshots at Donald Trump along the way as he embraced a strategy that’s increasing friction between the world’s two…
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…
With time short, S.C. senators take up comprehensive energy bill Apr. 5, 2024 Utilities, conservation groups, and other stakeholders are all in agreement: South Carolina needs to expand its energy capacity to keep up with its growth. It’s a top priority for leaders in Columbia as well, but they face a tight timeline to get…
Evergy Plan Maintains Lowest-Cost Approach to Meeting Growing Customer Electricity Demand, Maintaining Reliability, and Advancing Sustainability April 1, 2024 Evergy, Inc. (NASDAQ: EVRG) today filed its triennial Integrated Resource Plan with the Missouri Public Service Commission. This outlines the plan to meet customer electricity needs over the next 20 years. It includes additional renewable and…
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