News

Technologies to bring economies to zero carbon emissions still lacking, IEA says

Energize Weekly, August 12, 2020 Many countries have announced ambitious climate goals to bring their economies to net-zero carbon emissions by 2050, but the technologies needed to cut emissions in areas like shipping and steelmaking don’t exist and may take decades to bring to market, according to the International Energy Agency (IEA). The IEA report on clean energy innovation found

Nearly all U.S. coal-fired power plants will be more expensive than wind and solar by 2025

Energize Weekly, August 5, 2020 The economic pressure on coal-fired power plants in the U.S. continues to grow with virtually the entire fleet out of the money compared to wind and solar generation by 2025, according to an analysis by Energy Innovation, a clean energy think tank. The study, done in conjunction with Vibrant Clean Energy, found that by 2018,

New York State moves forward with big programs on renewable energy and EVs

Energize Weekly, July 29, 2020 New York State announced two big clean energy initiatives in July – the largest in the nation solicitation for 4 gigawatts (GW) of renewable generation and a plan to build 110,000 electric vehicle (EV) charging stations. The New York Public Service Commission approved a plan on July 16 to allow six electric utilities in the

Transition costs to a zero-emissions transport system drop with falling battery prices

Energize Weekly, July 22, 2020 The cost of a transitioning to zero-carbon transportation is plummeting – thanks to a drop in battery prices – and may not need much in the way of direct government investment to speed the adoption of zero-emission vehicles, according to an analysis by University of California, Davis researchers. In 2016, the UC Davis Institute of

Will Renewable Energy Survive the COVID-19 Pandemic?

By Jennifer Bell The question; will renewable energy survive the COVID-19 pandemic? is a valid question to ask. In the midst of all of the chaos and uncertainty that the world has found itself in during recent months, renewable energy hasn’t exactly been at the forefront of people’s minds. An expert from Blue Sky Solar in Cherry Hill, NJ pointed

U.S. coal production drops to a 57-year low, renewables overtake coal-fired generation

Energize Weekly, July 15, 2020 U.S. coal production is projected to plummet to its lowest level in more than half a century in 2020 as coal-fired electricity generation slips behind renewable generation, according to the federal Energy Information Administration (EIA). In its July short-term energy outlook, the EIA cut its previous 2020 coal production estimate by 5.4 percent to 501.3

Coronavirus continues to twist and warp energy demand in the U.S., studies find

Energize Weekly, July 8, 2020 The novel coronavirus pandemic continues to torque and warp energy demand and markets in the U.S. from shifts in electricity demand to filling commercial oil storage to record levels. Electricity demand is projected by the U.S. Energy Information Administration (EIA) to be the lowest since 2009 – 998 billion kilowatt-hours – and 5 percent below

Almost a third of shale drillers at risk of bankruptcy or acquisition at current oil prices

Energize Weekly, July 1, 2020 The picture remains grim for shale oil and gas companies as nearly a third risk bankruptcy or acquisition at current oil prices. A survey of industry executives finds that most don’t expect a rebound until 2021 – if ever. The problems for the sector have been growing for years, according to an analysis by the

Coronavirus pandemic leads to massive job loss in energy, from oil and gas to renewables

Energize Weekly, June 24, 2020 Energy jobs – from oil and gas rigs to rooftop solar installations – continue to plummet under the weight of low oil prices and the novel coronavirus pandemic. In May, 27,000 additional clean energy workers filed unemployment claims, bringing the total job loss in the sector to 621,000 since March, according to an analysis done

Wind and solar deployment continue apace in 2020, could supply 90 percent of the grid by 2035

Energize Weekly, June 17, 2020 Renewable power’s continuing decline in prices is spurring near-term expansion, even in the face of the novel coronavirus pandemic and, according to a new report, could power 90 percent of the U.S. electric grid by 2035 while reducing wholesale electricity prices. The analysis by the University of California, Berkeley and GridLab, a non-profit promoting clean

Global prices for renewables fell across the board in 2018, IRENA says

Energize Weekly, June 10, 2020 Global prices for new renewable energy fell in 2018 for eight major types of electric generation, according to the International Renewable Energy Agency (IRENA). Costs between 2017 and 2018 dropped from as much as 26 percent for concentrating solar power (CSP) to 1 percent for geothermal and offshore wind. “Cost declines across the board in

Global energy investment plunges, another victim of the coronavirus pandemic, IEA says

Energize Weekly, June 3, 2020 Energy investment across the world has suffered an unparalleled 20 percent decline, equal to $400 billion, in 2020, as a result of the novel coronavirus pandemic, according to the International Energy Agency (IEA). The IEA had projected an increase of 2 percent in global energy investment for the year, which would have been the biggest

Global EV sales hit a coronavirus speed bump, but how big a bump is a question

Energize Weekly, May 27, 2020 Electric vehicle (EV) sales are hitting a pandemic speed bump in 2020, but whether it’s a small bump, a big bump or a huge pothole depends on who is doing the forecasting. The projections for the year range from a modest 4.5 percent increase in sales over last year to a 43 percent drop in

Renewable electricity generation set to surpass coal, which continues to decline, in 2020

Energize Weekly, May 20, 2020 Renewable electricity generation is set to surpass coal-fired generation in 2020, as coal continues to slide, having hit a 42-year low in 2019, according to the U.S. Energy Information Administration (EIA). The EIA is projecting a 25 percent drop in coal-fired generation in 2020 and an 11 percent increase in renewable generation, leading to renewables

Tri-State and United Power fighting in court and before state and federal regulators

Energize Weekly, May 13, 2020 A new front was opened last week in the battle between Tri-State Generation and Transmission Association and some of its electric cooperatives, as United Power, its largest member, filed a complaint in a Colorado district court charging subterfuge and breach of contract. Meanwhile on May 18, hearings will open at the Colorado Public Utilities Commission

Utilities and state regulators delay rate increases, disconnections to deal with COVID-19

Energize Weekly, May 6, 2020 In the face of the novel coronavirus pandemic, utilities and utility regulators are moving to postpone rate increases and guard against service shutdowns for customers as most states continue to impose stay-at-home orders for their residents. The moves are also creating some financial risk and uncertainties for utilities, according to industry analysts. Regulatory commissions in

Wind power, a growing source of electricity in the U.S., faces an uncertain future

Energize Weekly, April 29, 2020 Wind power led in electricity generation installations in 2019, and this year is showing signs of becoming a bigger source of energy, according to several studies. Still, uncertainty about the economy and supply chains as a result of the COVID-19 pandemic is making the sector’s future uncertain. In 2019, the electric power sector installed 23

Coronavirus pandemic rattles energy markets from oil to wind to energy storage

Energize Weekly, April 22, 2020 Pandemic and recession are rippling through almost every corner of the energy sector from oil companies to wind, solar and energy storage manufacturers. “Over half the world’s population is now under lockdown, as demand for power drops and the risk of global recession grows,” according energy consultant Wood Mackenzie. “A ‘return to normal’ will be

COVID-19 drives down electricity demand, puts renewable projects and balance sheets at risk

Energize Weekly, April 15, 2020 The impact of the novel coronavirus pandemic on electricity demand in the U.S. and on the utility industry is becoming clearer with lower loads, changing peak demands, more emphasis on renewable generation and emerging financial risks. U.S. power usage is set to drop more steeply in 2020 than in any year at least over the

NRC to grant waivers for work-hour limits at nuclear units to meet pandemic staffing needs

Energize Weekly, April 8, 2020 Faced with the risk of not being able to meet the rigorous staffing requirement for operating nuclear power plants during the ongoing pandemic, the Nuclear Regulatory Commission (NRC) said it is prepared to grant exemptions from work-hour controls. The NRC in a March 28 letter to the industry trade group, the Nuclear Energy Institute (NEI),

Electricity demand drops as utilities enact plans to keep lights on during the pandemic

Energize Weekly, April 1, 2020 The closing of businesses and sheltering-in-place of millions of citizens to tamp down the novel coronavirus pandemic is dampening demand for electricity, even as utilities across the country put in place emergency plans to keep electrons flowing through the grid. Between March 14 and March 24, daily peak demand was down between 2.2 percent to

Solar industry catches a bad case of the coronavirus as supply and demand both fall

Energize Weekly, March 25, 2020 The solar industry has caught a case of the coronavirus ­with the symptoms being a supply chain slowdown and a drop in demand for solar projects. With China manufacturing 70 percent of the world’s solar panels, the emergence of the disease there and the aggressive steps to shut down social interactions including factory work was

Hedges will help U.S. drillers survive Russian-Saudi price war and coronavirus

Energize Weekly, March 18, 2020 The oil market is set for a long price war, falling consumption, a shake-out among U.S. shale drillers and a missed opportunity for Asian economies, according to industry analysts. Yet even as depressed prices lead to fewer drilling rigs and a slowing in U.S. production, some operators may be in a better position to ride

U.S. crude oil and natural gas production, as well as gas consumption, hit records in 2019

Energize Weekly, March 11, 2020 Annual U.S. crude oil and natural gas production hit records in 2019, as did domestic natural gas consumption, according to data from the federal Energy Information Administration (EIA). Crude oil production was up 11 percent over 2018 to an average of 12.23 million barrels per day (b/d), with output reaching 12.86 million b/d in November

Xcel Energy proposes TOU rates for all Colorado residential customers

Energize Weekly, March 4, 2020 Time-of-use electricity rates are increasingly being seen as a valuable tool in reducing peak demand and managing renewable energy generation – but concerns are being voiced over their impact on low-income and elderly customers. Xcel Energy is seeking to shift all of its 1.2 million Colorado residential customers to summer time-of-use rates and the move

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Denver Post reporter Mark Jaffe on Tuesday, September 27, 2011. Cyrus McCrimmon, The Denver PostWe are proud to welcome Mark Jaffe, our newest contributor! Check out Mark’s page here

Mark Jaffe

Denver Post reporter Mark Jaffe on Tuesday, September 27, 2011. Cyrus McCrimmon, The Denver Post
Denver Post reporter Mark Jaffe on Tuesday, September 27, 2011. Cyrus McCrimmon, The Denver Post

Mark Jaffe, Writer, EUCI

Mark Jaffe is a former writer on energy issues for The Denver Post. He was an energy and corporate finance reporter for Bloomberg News and covered environment and energy for The Philadelphia Inquirer. As a Knight Fellow at Stanford University and a Neiman Fellow at Harvard, Mark studied the links between the economy, energy and the environment.

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Technologies to bring economies to zero carbon emissions still lacking, IEA says - Energize Weekly, August 12, 2020 Many countries have announced ambitious climate goals to bring their economies to net-zero carbon emissions by 2050, but the technologies needed to cut emissions in areas like shipping and steelmaking don’t exist and may take decades to bring to market, according to the International Energy Agency (IEA). The IEA report on clean energy innovation found
Nearly all U.S. coal-fired power plants will be more expensive than wind and solar by 2025 - Energize Weekly, August 5, 2020 The economic pressure on coal-fired power plants in the U.S. continues to grow with virtually the entire fleet out of the money compared to wind and solar generation by 2025, according to an analysis by Energy Innovation, a clean energy think tank. The study, done in conjunction with Vibrant Clean Energy, found that by 2018,
New York State moves forward with big programs on renewable energy and EVs - Energize Weekly, July 29, 2020 New York State announced two big clean energy initiatives in July – the largest in the nation solicitation for 4 gigawatts (GW) of renewable generation and a plan to build 110,000 electric vehicle (EV) charging stations. The New York Public Service Commission approved a plan on July 16 to allow six electric utilities in the
Transition costs to a zero-emissions transport system drop with falling battery prices - Energize Weekly, July 22, 2020 The cost of a transitioning to zero-carbon transportation is plummeting – thanks to a drop in battery prices – and may not need much in the way of direct government investment to speed the adoption of zero-emission vehicles, according to an analysis by University of California, Davis researchers. In 2016, the UC Davis Institute of
U.S. coal production drops to a 57-year low, renewables overtake coal-fired generation - Energize Weekly, July 15, 2020 U.S. coal production is projected to plummet to its lowest level in more than half a century in 2020 as coal-fired electricity generation slips behind renewable generation, according to the federal Energy Information Administration (EIA). In its July short-term energy outlook, the EIA cut its previous 2020 coal production estimate by 5.4 percent to 501.3
Coronavirus continues to twist and warp energy demand in the U.S., studies find - Energize Weekly, July 8, 2020 The novel coronavirus pandemic continues to torque and warp energy demand and markets in the U.S. from shifts in electricity demand to filling commercial oil storage to record levels. Electricity demand is projected by the U.S. Energy Information Administration (EIA) to be the lowest since 2009 – 998 billion kilowatt-hours – and 5 percent below
Almost a third of shale drillers at risk of bankruptcy or acquisition at current oil prices - Energize Weekly, July 1, 2020 The picture remains grim for shale oil and gas companies as nearly a third risk bankruptcy or acquisition at current oil prices. A survey of industry executives finds that most don’t expect a rebound until 2021 – if ever. The problems for the sector have been growing for years, according to an analysis by the
Coronavirus pandemic leads to massive job loss in energy, from oil and gas to renewables - Energize Weekly, June 24, 2020 Energy jobs – from oil and gas rigs to rooftop solar installations – continue to plummet under the weight of low oil prices and the novel coronavirus pandemic. In May, 27,000 additional clean energy workers filed unemployment claims, bringing the total job loss in the sector to 621,000 since March, according to an analysis done
Wind and solar deployment continue apace in 2020, could supply 90 percent of the grid by 2035 - Energize Weekly, June 17, 2020 Renewable power’s continuing decline in prices is spurring near-term expansion, even in the face of the novel coronavirus pandemic and, according to a new report, could power 90 percent of the U.S. electric grid by 2035 while reducing wholesale electricity prices. The analysis by the University of California, Berkeley and GridLab, a non-profit promoting clean
Global prices for renewables fell across the board in 2018, IRENA says - Energize Weekly, June 10, 2020 Global prices for new renewable energy fell in 2018 for eight major types of electric generation, according to the International Renewable Energy Agency (IRENA). Costs between 2017 and 2018 dropped from as much as 26 percent for concentrating solar power (CSP) to 1 percent for geothermal and offshore wind. “Cost declines across the board in

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