Energize Weekly, October 10, 2018 Duke Energy said it will install up to 530 electric vehicle (EV) charging stations in Florida as part of a pilot in tandem with a three-year program to promote and study EV use. The “Park and Plug” program is focusing on placing charging stations for public use in areas with…
Energize Weekly, October 10, 2018 The Trump administration’s solar tariffs have added $236.5 million to U.S. solar projects this year, according to solar marketer EnergySage Marketplace. For the average residential customer, this added up to an extra 16 cents per watt or $960 for a standard 6-kilowatt solar installation, according to EnergySage, which runs a…
Energize Weekly, October 10, 2018 Natural gas-fired electric generation fell a record 7.7 percent in 2017 compared with the previous year, and coal-fired generation was down 2.5 percent, marking the first time in a decade both electricity sources declined—at the same time renewable electricity hit a record, according to the federal Energy Information Association (EIA).…
Energize Weekly, October 3, 2018 The market for liquefied natural gas (LNG) is poised to set a record in 2018, spurred by Asian imports, according to a Bloomberg New Energy Finance analysis. Demand is projected to grow 308 million metric tons per annum (MMtpa) in 2018, up 8.5 percent from 2017. “The rate of growth…
Energize Weekly, October 3, 2018 High temperatures and tight fuel supplies pushed wholesale electricity prices in the western U.S. to their highest levels since 2008, according to the federal Energy Information Administration (EIA). Temperatures were warmer than normal across the West. Portland, Ore., for example, posted 29 days of temperatures higher than 90 degrees from…
Energize Weekly, October 3, 2018 In order for the nuclear energy industry to survive it must move in a new—small is beautiful—direction with the help of revised federal policies and financial support, according to a new paper from the Breakthrough Institute, R Street Institute and ClearPath. The solution proposed by the three right-of-center think tanks…
Energize Weekly, October 3, 2018 Sempra Energy has agreed to sell its U.S. non-utility operating solar assets, solar and battery storage development projects and one wind facility to Consolidated Edison Inc. for $1.54 billion in cash. “This sale represents an important step forward in the portfolio-optimization plan we announced in June to support market growth opportunities,” Joseph…
Energize Weekly, October 3, 2018 The U.S. Department of Agriculture (USDA) is providing $398.5 million in funding to upgrade electric service in 13 states, including smart grid and renewable energy projects. “Reliable and affordable electricity is undeniably a necessity in today’s world,” Anne Hazlett, rural development assistant to Agriculture Secretary Sonny Perdue, said in a…
Energize Weekly, September 26, 2018 A major obstacle in the transition from coal-fired power plants to cleaner energy generation is the “specter of financial losses” utility companies face in closing those plants. Solving that problem is a key to a quicker energy transition, according to the Rocky Mountain Institute (RMI). In “Managing the Coal Capital…
Energize Weekly, September 19, 2018 Minnesota’s community solar program—the biggest and fastest growing in the country—reached a record 401 megawatts this summer, according to an analysis by the Institute for Local Self-Reliance (ILSR). The program was launched in November 2014 by Xcel Energy, the state’s largest utility. There was a two-year lag as projects worked…
Energize Weekly, September 19, 2018 Fossil fuels continue to be the main source for generating electricity in more than two-thirds of the country, but there continues to be a shift away from coal and natural gas, with a slight uptick in nuclear generation and hydropower, according to figures from the federal Energy Information Administration (EIA).…
Energize Weekly, September 19, 2018 Demand for fossil fuels will peak in the 2020s, as market competition, technological innovation and shifts in energy transform the market and create financial risk, according to a Carbon Tracker analysis. The projections by the London-based energy think tank are aggressively predicting a peak at least a decade ahead of…