By - Jim Vess

Debt load to squeeze shale drillers cash flow and pinch dividends, analysis says

Energize Weekly, March 6, 2019 U.S. shale operators face a cash pinch in 2019 as rising debt servicing will leave them with “barely” enough cash to pay dividends, according to an analysis by Oslo, Norway-based Rystad Energy. “Indebted shale exploration and production companies (E&Ps) spent the second half of 2018 reducing their leverage ratios,” according to the analysis by Rystad,

By - Jim Vess

Renewables accelerator to help cities procure 2.8 gigawatts for clean energy in two years

Energize Weekly, March 6, 2019 A program to help cities obtain 2.8 gigawatts of renewable generation—more than the total existing solar capacity in Nevada, Florida and Texas—was launched Feb. 26. The program—a joint effort by the Rocky Mountain Institute (RMI), the World Resources Institute (WRI) and the Urban Sustainability Directors Network (USDN)—will provide technical expertise in helping cities obtain large-scale

By - Jim Vess

DOE to spend $28 million developing deep water offshore wind turbines

Energize Weekly, March 6, 2019 The U.S. Department of Energy is funding a $28 million research program to tap an offshore wind resource—deep water—that has been technologically and economically out of reach. The program run by the Advanced Research Projects Agency-Energy (ARPA-E) is seeking to develop turbines and platforms “that maximize power to weight ratios while maintaining or increasing turbine

By - Jim Vess

Midwest polar vortex fuels natural gas demand record and near-record for electricity

Energize Weekly, March 6, 2019 Extreme cold at the end of January pushed Midwest natural gas consumption to record levels and near-record levels for electricity demand on Jan. 31—the single coldest day when temperatures dropped to as low as minus 45 degrees Fahrenheit. Natural gas, the primary heating fuel in the region, hit a record demand of 37.9 billion cubic

By - Jim Vess

Four turbine makers dominate 2018 wind market, which saw 45 gigawatts in new generation

Energize Weekly, February 27, 2019 Onshore wind projects commissioned in 2018 ticked down to 45 gigawatts (GW) from 47 GW a year earlier—with four manufacturers dominating the market, according to a Bloomberg New Energy Finance report. The four—Denmark’s Vestas, China’s Goldwind, American GE Renewable Energy and Spain’s Siemens Gamesa—accounted for 57 percent of the turbines deployed in 2018. The report

By - Jim Vess

Montana-Dakota Utilities to close uneconomical coal plants in favor of gas and wind

Energize Weekly, February 27, 2019 Montana-Dakota Utilities (MDU) said it will close three aging coal-fired generation units in the next three years, replacing the capacity with cheaper natural gas-fired and wind generation. “Low-cost power available on the market, due to low-cost natural gas and increasing wind resources, as well as rising costs to operate these facilities, led to the decision

By - Jim Vess

Arizona Public Service to add 850 MW of battery storage and 100 MW of solar

Energize Weekly, February 27, 2019 Arizona Public Service (APS) plans to add 850 megawatts (MW) of battery storage, one of the largest storage projects in the country, and 100 MW of solar generation by 2025. The new storage is part of a broad plan to twin solar generation with storage, which includes adding 200 MW of storage to eight existing

By - Jim Vess

TVA sees growth in solar and natural gas generation, but no new wind, coal or hydro assets

Energize Weekly, February 27, 2019 The Tennessee Valley Authority (TVA) is projecting greater reliance on solar, natural gas and storage to meet electricity demand—but no new coal, wind or hydro—in its draft Integrated Resource Plan (IRP). A long-term planning document, the watchword in the IRP is “flexibility” in the face of market and technological changes. The IRP will “enhance TVA’s

By - Jim Vess

Renewables will provide 50 percent of electricity generation by 2035, McKinsey says

Energize Weekly, February 27, 2019 Renewable generation will meet 50 percent of world electricity demand by 2035 as electricity consumption doubles until 2050, according to McKinsey & Co.’s 2019 energy analysis. “The role of renewable resources in power generation grows at an accelerated pace,” the consulting firm’s analysis said. “From 25 percent today, renewables will grow their share of global

By - Jim Vess

Wind power installations have a big 2018 fourth quarter, powered by corporate power purchases

Energize Weekly, February 20, 2019 Wind generation installations in the fourth quarter of 2018 hit 5,944 megawatts (MW)—the third highest quarter on record for new installations—driven by corporate and non-utility power purchases, according to the American Wind Energy Association’s (AWEA) market report. Corporate and non-utility wind procurement accounted for 68 percent of the total installations in the fourth quarter—a 66

By - Jim Vess

Global oil production keeps rising in 2019 while demand stays flat, IEA says

Energize Weekly, February 20, 2019 A surge in global oil production while demand remains relatively stable will leave markets struggling to absorb production in 2019, according to the International Energy Agency’s (IEA) monthly market forecast. The IEA raised its estimate for crude oil production growth in 2019 to 1.8 million barrels a day (MBPD) from 1.6 MBPD, while demand growth

By - Jim Vess

Solar jobs fell for the second year in a row on uncertainties over federal and state policies

Energize Weekly, February 20, 2019 Solar industry employment dropped for the second straight year in 2018 as the sector was roiled by uncertainties over federal and state policies, according to the Solar Foundation’s National Solar Jobs Census. As of November 2018, the sector employed 242,000 workers, a 3.2 percent decline, or 8,000 fewer jobs, over 2017, the census found. The

By - Jim Vess

Colorado PUC ruling sets stage for rural electric cooperative to leave Tri-State G&T

Energize Weekly, February 20, 2019 The Colorado Public Utilities Commission waded into a dispute between a Western Slope rural electric cooperative and the Tri-State Generation and Transmission Association over the co-op’s efforts to leave the association. The commission’s decision will provide a new level of oversight for Tri-State, which provides wholesale electricity to 43 rural cooperatives in Colorado, Nebraska, New

By - Jim Vess

Concentrating solar could play a bigger role in electricity generation if costs are pared

Energize Weekly, February 13, 2019 Concentrating solar power (CSP), which has lagged in deployment behind photovoltaic solar, could play a bigger role by 2050 if the price of the technology could be halved, according to a study by the National Renewable Energy Laboratory (NREL). The U.S. Department of Energy (DOE), under its SunShot Initiative, has set a target of reducing

By - Jim Vess

U.S. expands reach as world’s top export of ethane, shipping to 10 countries in 2018

Energize Weekly, February 13, 2019 The United States—the world’s top exporter of ethane—increased its reach in 2018, sending the gas, a key feedstock in petrochemical manufacturing, to 10 countries, according to federal data. The U.S. surpassed Norway as the top export of ethane in 2015. Ethane is used in a wide range of products including plastics, antifreeze, detergents and as

By - Jim Vess

Coal and oil all but disappear from New England electricity generation

Energize Weekly, February 13, 2019 Oil and coal, once the dominant sources of electricity generation in New England, have all but disappeared, primarily replaced by natural gas, according to ISO New England, the region’s grid operator. Since 2000, coal’s share of energy production has dropped to 1 percent from 18 percent, and oil is now 1 percent compared to 22

By - Jim Vess

United States set to become a net-energy exporter by 2020 for first time in 67 years

Energize Weekly, February 6, 2019 The United States will become a net-energy exporter by 2020—as crude oil, natural gas and natural gas liquids production surpasses domestic energy consumption, according to a forecast by the federal Energy Information Administration (EIA). The last time the U.S. was an exporter was in 1953. The U.S. has been an exporter of coal and coke

By - Jim Vess

Increase in exports and prices can’t stop a fall in U.S. coal production and mine closures

Energize Weekly, February 6, 2019 Coal production in the U.S. was down nearly 3 percent year-on-year to 755 million short tons in 2018, with mines continuing to close, despite an increase in prices and exports, according to federal Energy Information Administration (EIA) data. Coal production slipped in three of the five major coal-producing basins as the Rocky Mountain region suffered

By - Jim Vess

Duke Energy adds 565 MW of solar in the Carolinas, plans another 680 MW in 2019

Energize Weekly, February 6, 2019 Duke Energy installed 565 megawatts (MW) of solar in North and South Carolina in 2018, and the company says it has plans to roll out even more solar projects in 2019. The 2018 projects bring total solar capacity installed in the two states in the last four years to 2,500 MW, enough to power about

By - Jim Vess

Corporate purchases of clean energy soar to a new record in 2018

Energize Weekly, February 6, 2019 Corporations bought a record 13.4 gigawatts (GW) of clean energy through power purchase agreements (PPAs) in 2018, more than double the record set in 2017. Analyses by Bloomberg New Energy Finance (BNEF) and Wood Mackenzie Power & Renewables reported on the trend. Facebook, Google and Amazon continued to be the largest customers, accounting for a

By - Jim Vess

Renewable energy advances in the European Union as coal-fired generation continues to decline

Energize Weekly, February 6, 2019 Renewable energy generation became cost competitive with coal in the European Union (EU) in 2018 and continued to increase its share of the continent’s electricity production, according to an analysis by two energy think tanks. The growth in renewables is coming at the expense of coal, and that is leading to a continued decline in

By - Jim Vess

New Jersey creates community solar pilot, a first step in a establishing a permanent program

Energize Weekly, January 30, 2019 The New Jersey Board of Public Utilities (NJBPU) has approved a three-year pilot for developing community solar projects, also known as solar gardens, which is seen as a key component in newly elected Gov. Phil Murphy’s clean energy agenda. The “Community Solar Pilot” will provide for up to 75 megawatts (MW) of solar installations in

By - Jim Vess

Demand for frac water and wastewater treatment set to soar by 2021, says Rystad Energy

Energize Weekly, January 30, 2019 The demand for water for hydraulic fracturing of oil and gas wells has more than doubled in the last three years and is projected to reach more than 6.3 billion barrels by 2021, according to an analysis by Rystad Energy. Hydraulic fracking sends water, chemicals and sand into wells under pressure to fracture rock and

By - Jim Vess

DOE announces $38 million program aimed at making coal-fired power plants more efficient

Energize Weekly, January 30, 2019 The U.S. Department of Energy (DOE) announced a $38 million, cost-share program to support projects aimed at making the country’s coal-fired power plants more flexible and compatible with renewable energy.  The stated goal is to develop “enhancing technologies that improve the overall performance, reliability and flexibility of the nation’s existing coal-fired power plant fleet.” “Utilizing

By - Jim Vess

Led by wind and natural gas, 49,000 megawatts of new generation to come on line in 2019

Energize Weekly, January 30, 2019 New generation is slated to grow by 49,000 megawatts (MW) in 2019 while 8,050 MW of coal-fired units will be closed or converted to natural gas, according to S&P Global Market Intelligence. Wind will account for the largest portion of new generation at 22,475 MW—45 percent of all planned additions. The biggest of the wind

By - Jim Vess

Global clean energy investments fall in 2018 as solar takes a big hit

Energize Weekly, January 23, 2019 Global clean energy investments were down slightly in 2018 to $332 million, but it still marked the fifth year in a row with more than $300 billion in expenditures, according to Bloomberg New Energy Finance (BNEF). Investments were off 8 percent when compared to 2017, led by a fall in solar financing, which was down

By - Jim Vess

EIA forecasts oil prices edging up in 2019 while natural gas prices decline

Energize Weekly, January 23, 2019 Brent oil prices will rise to $61 a barrel in 2019 and $65 a barrel in 2020, while natural gas prices will remain below 2018 levels for both years, according to federal Energy Information Administration (EIA) forecasts. West Texas Intermediate crude oil prices will average about $8 a barrel lower than Brent in the first

By - Jim Vess

DOE launches programs for new coal markets and to enhance oil and gas recovery

Energize Weekly, January 23, 2019 The U.S. Department of Energy (DOE) has launched programs to find new markets for coal and boost oil recovery from shale plays. Under the Maximizing the Coal Value Chain program, $9.5 million in federal cost-sharing funds will be available for developing ways to improve coal as a fuel, as a feedstock or material for manufacturing.

By - Jim Vess

NY Gov. Cuomo proposes Green New Deal with $1.5 billion in energy grants

Energize Weekly, January 23, 2019 New York Gov. Mario Cuomo has begun to roll out specifics of his proposed “Green New Deal,” including $1.5 billion in grants for large-scale renewable energy projects and a $70 million fund to help communities absorb tax losses from shuttered coal-fired power plants. The programs were outlined in Cuomo’s State of the State address Jan.

By - Jim Vess

Utilities must redefine their relations with customers to deal with emerging issues, J.D. Power says

Energize Weekly, January 23, 2019 Utility companies need to redefine how they interact with their customers to deal with emerging issues, such as time-of-use rates, electric vehicles (EVs) and rooftop solar, according to an analysis by marketing research company J.D Power. “There is a need for traditional utilities to engage with their customers as things are happening,” Andrew Heath, senior

By - Jim Vess

Transportation bottlenecks pose a $2.1 billion risk to wind industry, Wood Mackenzie says

Energize Weekly, January 16, 2019 The wind industry’s practice of end-loading projects to the fourth quarter of each year could lead to serious bottlenecks and jeopardize some of the 23 gigawatts in the pipeline over the next two years, according to a Wood Mackenzie study. Nearly a quarter of the 23 gigawatts (GW) projected to be developed in the next

By - Jim Vess

Natural gas-fired plants dominated 2018 new generating capacity, renewables set to rebound in 2019

Energize Weekly, January 16, 2019 New natural gas-fired generation capacity in 2018 accounted for nearly three-quarters of the total 24,808 megawatts (MW) installed for the year—and was double the amount of gas-fired capacity installed in 2017, according to S&P Global Market Intelligence data. The 18,550 MW of natural gas-fired capacity more than offset the 16,900 MW of coal-fired plants that

By - Jim Vess

EV sales set a record in 2018, almost doubling the number of electric vehicles sold

Energize Weekly, January 16, 2019 Electric vehicle (EV) sales soared in 2018, surpassing record-breaking 2017 by 81 percent with 361,307 vehicles sold, according to Inside EVs, a market-tracking website. December also set a monthly record with 49,900 plug-in vehicles sold, nearly double the number sold in December 2017. Each of the last three months of 2018 posted a record, beating

By - Jim Vess

U.S. greenhouse gas emissions rose across all sectors in 2018, Rhodium says

Energize Weekly, January 16, 2019 U.S. carbon dioxide emissions linked to energy use rose for the first time in three years in 2018—with all sectors from power generation to manufacturing to home heating—posting increases. There was a 3.4 percent increase in emissions, according to a study by the Rhodium Group, an energy and economic analytics consultant. “This marks the second

By - Jim Vess

Natural disasters caused $160 billion in damages in 2018 with about half covered by insurers

Energize Weekly, January 16, 2019 Natural disasters worldwide caused $160 billion in damage and killed 10,400 people in 2018, making it the fourth mostly costly year for the insurance industry since 1980, according to the international insurer Swiss Re Group. “The indications at the start of 2018 were that it would be a more moderate year,” Petra Löw, a Swiss

By - Jim Vess

Floating solar in U.S. reservoirs could produce 10 percent of the nation’s electricity

Energize Weekly, January 9, 2019 Floating solar panels on 24,000 man-made reservoirs in the U.S. could generate 10 percent of the nation’s electricity and avoid gobbling up 8,100 square miles of land with ground installations. One of the challenges with large-scale deployment of wind and solar generation is the land requirements but shifting to floating photovoltaics (PV) could offer one

By - Jim Vess

Energy commodity prices, from oil to natural gas to gasoline, fall to end 2018

Energize Weekly, January 9, 2019 Energy commodity prices—hit by a weak oil market—fell 21 percent in the last quarter of 2018 after having been strong for most of the year, according to in the S&P Goldman Sachs Commodity Index (GSCI). It was the first time since 2015 that crude oil prices ended the year lower than where they were at

By - Jim Vess

Texas could generate almost all its electricity with wind, solar and very little storage, study says

Energize Weekly, January 9, 2019 Texas—by taking advantage of its geographical diversity—could deploy enough wind and solar generation to meet the state’s electricity demand with little storage or fossil fuel backup, according to Rice University researchers. “One way to reduce the need for costly storage and for polluting fossil generation is to deploy wind and solar capacity in a way

By - Jim Vess

Market pressure, state and local governments pushing marijuana growers to be more energy efficient

Energize Weekly, January 9, 2019 Legal marijuana cultivation—which is spreading across the county—is one of the most energy-intensive economic activities and is spurring the industry, as well as state and local governments, to seek ways to make grow operations more efficient. Thirty-three states and the District of Columbia have passed laws legalizing marijuana in some form. Others, notable New York

By - Jim Vess

Wind, solar and storage could competitively provide 70 percent of Minnesota’s electricity by 2050, study says

Energize Weekly, January 2, 2019 Minnesota can economically reach a mix of 70 percent wind and solar electric generation with storage by 2050, according to a U.S. Department of Energy-sponsored report. The report done by Clean Power Research for MN Solar Pathways, a group of non-profit clean energy advocacy organizations and the Minnesota Department of Commerce. Clean Power developed a

By - Jim Vess

Global oil and gas supply chain emits 5,200 million tons of greenhouse gases, IEA says

Energize Weekly, January 2, 2019 The oil and gas industry is a source of carbon emissions even before the fuels are burned—one that should be addressed even as fossil fuels remain in the world energy system for decades, according to the International Energy Agency (IEA). The IEA’s “well-to-wheel” analysis of indirect or fugitive emissions is the first comprehensive global assessment

By - Jim Vess

Drought leads to higher carbon emissions from utilities in the West, study finds

Energize Weekly, January 2, 2019 Drought across the West between 2001 and 2015 led to reduced hydropower and a 10 percent increase in greenhouse gas emissions as utilities shifted to fossil fuel generation, according to a study by Stanford University researchers. In total, drought conditions led to 100 million tons of carbon dioxide (CO2) being emitted during the 15-year period

By - Jim Vess

States begin to allow utilities to included energy efficiency programs in their rate base

Energize Weekly, December 26, 2018 New types of incentives are being added by states to the quiver programs to promote energy efficiency among utilities, according to a survey by the American Council for an Energy Efficiency Economy (ACEEE), a non-profit advocacy group. The council first surveyed state energy efficiency programs in 2015 and it did so again this year. It

By - Jim Vess

Global coal consumption rises, division grows between coal-free and coal-burning regions

Energize Weekly, December 26, 2018 Global coal consumption is set to rise for the second consecutive year in 2018 and demand is projected to be stable over the next five years—as the world divides between coal-free and coal-burning regions, according to an International Energy Agency (IEA) market forecast. After two years of decline, coal demand was up 1 percent in

By - Jim Vess

Most regions can adapt to coal and nuclear plant closures, not the West and Central Plains, NERC says

Energize Weekly, December 26, 2018 The rapid retirement of coal-fired and nuclear power plants can be absorbed by most of the nation, but could stress grids in the Central Plains, Southwest, Rocky Mountain region and the coastal Southeast, according to the North American Electric Reliability Corp. (NERC). NERC, the non-profit regulatory authority overseeing electric reliability in the U.S. and Canada,

By - Jim Vess

New York sets goal of carbon-free electricity by 2050 as clean energy pace picks up

Energize Weekly, December 26, 2018 New York Gov. Andrew Cuomo has set a target of net-zero-carbon electricity generation by 2040, as a broad array of clean energy initiatives continue to move forward in the state. “The federal government still denies climate change, remarkably turning a blind eye to their own government’s scientific report,” Cuomo said in a statement. “New York

By - Jim Vess

Trump tariffs take a bite out of U.S. solar market, but future prospects still appear bright

Energize Weekly, December 19, 2018 The Trump administration solar panel tariffs have taken a bite out of the market with third quarter 2018 installations down 15 percent year over year and additions of utility-scale photovoltaic (PV) cells falling below 1 gigawatt (GW) for first time since 2015. The growth rate for 2018 compared to 2017 is projected to be flat

By - Jim Vess

Oil prices and demand forecast to be soft in 2019 as economy slows and U.S. production grows

Energize Weekly, December 19, 2018 Oil prices are projected to decline sharply in 2019 as demand remains flat due to slowing economies and weakening currencies—as well as more U.S. oil in the market, according to national and international energy agencies. The federal Energy Information Administration (EIA) last week slashed its projected price for Brent crude in 2019 by 15 percent

By - Jim Vess

Washington clean energy plan ends coal-fired generation, looks to electrify transportation

Energize Weekly, December 19, 2018 Washington Gov. Jay Inslee has unveiled a legislative package aimed at reducing the state’s carbon emissions by 25 percent over 1990 levels, led by phasing out fossil-fuel electricity generation by 2035. The plan focuses in five initiatives: 100 percent clean energy by 2045, moving to electric transportation, a clean fuel standard, constructing energy efficient buildings

By - Jim Vess

U.S. grid unprepared for a catastrophic power outage, says federal infrastructure panel

Energize Weekly, December 19, 2018 The plans to protect and respond to a U.S. grid power failure would be “outmatched” by a catastrophic outage, according to a study by the National Infrastructure Advisory Council (NIAC). The council, which advises the president, recommended a series of initiatives, ranging from action by the National Security Council to hardening distribution lines to homes.

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