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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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