Energize Weekly, February 14, 2018 Oil, natural gas liquids and natural gas production are all projected to grow steadily over the next five years, with oil and gas liquids leveling off and natural gas continuing to climb slowly, according to the federal Energy Information Administration (EIA). Oil production has already…
US growth in renewable energy is strong, global growth is stronger, NREL study finds
Energize Weekly, February 14, 2018 Renewable energy generation doubled in the U.S. between 2006 and 2016, reaching 18 percent of the country’s generating capacity. As strong as those numbers are, global renewable energy growth has been even greater. The National Renewable Energy Laboratory’s (NREL) recently released 2018 Renewable Energy Data…
Coal and nuclear electricity generation off to a rocky start in 2018
Energize Weekly, February 14, 2018 The prospects for coal-fired and nuclear electricity generation got off to a shaky start in 2018 with a projected record number of coal unit closures and three nuclear power plants set for shutdown. The Trump administration has been trying to find ways to bolster the…
U.S. wind industry installed 7,017 MW in 2017, according to AWEA
Energize Weekly, February 7, 2018 The U.S. wind industry installed 7,017 megawatts (MW) of new generating capacity in 2017, $11 million in new investment, according to the American Wind Energy Association (AWEA) fourth quarter market report. Helping to spur project development were agreements to buy power by a growing list…
Maryland would have nation’s second largest EV charging network under $105 million plan
Energize Weekly, February 7, 2018 The Maryland Public Service Commission is reviewing a plan, proposed by the state’s utility companies, to create a statewide network of 24,000 electric vehicle (EV) charging stations. The $105 million “Statewide Electric Vehicle Portfolio” would set up the second-largest charging network in the nation. California…
People living around winds farms view them positively and see few negative impacts, survey finds
Energize Weekly, February 7, 2018 The majority of people living within five miles of a windfarm view the projects positively, although attitudes are more polarized among residents within a half-mile of the turbines, according to a survey by the Lawrence Berkeley National Laboratory. The survey of 1,700 people found that…
EV growth may not affect overall residential power demand, but may impact local areas, study finds
Energize Weekly, January 31, 2018 The growth in plug-in electric vehicles (PEVs) will not have a big impact on overall residential power demand, but even one vehicle charging at home could stress a local transformer, according to a study by the National Renewable Energy Laboratory (NREL). The modeling study using…
Trump solar tariff roils market, slows growth but is far from the ‘worst-case scenario’
Energize Weekly, January 31, 2018 The tariff placed on imported solar cells by the Trump administration last week is roiling markets and is projected to slow growth, but not blunt the development of the solar industry. On Jan. 22, President Donald Trump approved a four-year tariff, starting at 30 percent…
Utilities need to adapt to a changing market with new business approaches, RMI study says
Energize Weekly, January 31, 2018 A rapidly shifting, yet slow-growing electricity market is forcing utility executives and state regulators to redefine the role of utilities—from expanding their monopoly positions to becoming open platforms for competition, according to a study by the Rocky Mountain Institute (RMI). The question, the study by…
Oil and natural gas production poised to set records in 2018, says EIA
Energize Weekly, January 24, 2018 Oil and natural gas production for 2018 is projected to break records as oil prices move higher and as gas prices remain firm, according to the federal Energy Information Administration’s (EIA) short-term energy outlook. U.S. crude oil production is forecast to average 10.3 billion barrels…
Wind, solar and hydro generation are becoming cost competitive worldwide
Energize Weekly, January 24, 2018 Renewable energy projects are becoming cost-competitive with fossil fuel generation around the world, according to the International Renewable Energy Agency (IRENA). “Bioenergy-for-power, hydropower, geothermal and onshore wind projects commissioned in 2017 largely fell within the range of generation costs for fossil-based electricity . . .…
Heating fuel stocks hold up as arctic temperatures punish the Midwest and Northeast
Energize Weekly, January 17, 2018 Although much of the nation—from Florida to Michigan to Maine—was punished with frigid temperatures in December and January, heating fuel supplies held up well, according the federal Energy Information Administration (EIA). “Current cold weather in the Midwest and Northeast United States has put some pressure…
FERC asked by officials in 18 states to ensure that utility tax savings go to customers
Energize Weekly, January 17, 2018 Consumer advocates and attorneys general from 18 states are calling for federal energy regulators to ensure that hundreds of millions of dollars in tax savings utilities are likely to gain from the new federal tax law are passed on to consumers. In letter to the…
Xcel gets an unprecedented response to a call for new electricity generation projects
Energize Weekly, January 10, 2018 Xcel Energy received an “unprecedented” response to a call for new generation projects for its Colorado subsidiary with more than 430 proposals, according to a report filed by the utility with the Colorado Public Utilities Commission. “For comparison, the Company received 55 bids in the…
California to go it alone on electric reliability, but may try to lure other Western states to join it
Energize Weekly, January 10, 2018 In a move further fragmenting the Western power sector, the California grid operator last week announced it would become its own reliability coordinator, leaving the 14-state regional system. The move was prompted by the prospect of seven utilities and transmission operators in the Rocky Mountain…
Regulators eye customer rate cuts as utilities get a revenue boost from new federal tax law
Energize Weekly, January 10, 2018 The federal tax overhaul may provide a windfall in tax cuts and write-offs for utilities. Now, utility commissions and state officials around the country are looking to see if some of that money ought to flow back to customers. On Jan. 4, Oklahoma Corporation Commission administrative…
Renewables briefly overtake nuclear and may be a sign of the future
Energize Weekly, January 3, 2018 Utility-scale renewable energy generation surpassed nuclear generation for the first time in three decades in March and April of 2017, according to the federal Energy Information Administration (EIA). While the phenomenon appears to be temporary, in 2017, it is marked by a series of trends…
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…