Even for the rapidly expanding gas-fired power sector, Dallas-based Panda Power Funds has been making waves. On Dec. 20, the private equity firm announced another deal: It has completed the acquisition and financing of Moxie Energy’s planned 829-MW Patriot generating station, a combined-cycle project to be located in Clinton Township, Pa. (Figure 1). Construction is […]

The European Union (EU) cannot meet its 2050 carbon emissions goals without reform of its carbon-pricing scheme, according to a report from the European Gas Forum released on Dec. 13. While progress toward the goals has been made, the report warns that the pace of decarbonization will stall in the 2020s because low carbon prices, […]

The Democrat-controlled Colorado Senate on Jan. 15 blocked a bill that would have reversed the state’s controversial renewable energy mandate for rural electric cooperatives. Colorado has had a renewable portfolio standard (RPS) since 2004, when it became the first state in the U.S. to mandate a percentage of renewable generation in retail electricity sales, but […]

The EPA published the latest version of its new source performance standards (NSPS) for carbon pollution from new power plants in the Federal Register on Jan. 8, setting in motion a 60-day public comment period. The action stems from the 2007 Supreme Court decision in Massachusetts v. EPA that defined greenhouse gases as an air […]

The Nuclear Regulatory Commission (NRC) on Dec. 24 formally issued a Notice of Violation to Southern California Edison (SCE) for failing to properly vet the design of replacement steam generators at the San Onofre Nuclear Generating Station in California. The steam generators later developed excessive tube wear, forcing SCE to shut down the plant in […]

Lower gas prices, expanding infrastructure, and coal retirements are likely to drive a much greater role for natural gas in the Midwest, according to a new study by the Midcontinent Independent Service Organization (MISO). The study, released Dec. 6, is the third phase of ongoing assessment that MISO initiated in 2010 after recognizing the impending […]

Those enormous amounts of water used in hydraulic fracturing may not be the environmental headache they appear to be. That’s because of the downstream effects of more abundant, less expensive natural gas unlocked by the process, known as “fracking,” according to a new study from the Bureau of Economic Geology (BEG) at the University of […]

The latest projections from the Energy Information Administration (EIA) are unlikely to quell concern in the coal industry, as the EIA has increased its projections for natural gas production and power burn, while continuing its gloomy outlook for coal. The EIA’s Annual Energy Outlook Early Release, posted Dec. 16, boosts its estimates of natural gas […]

Solar photovoltaic (PV) installations in the United States for 2013 will surpass 4 GW for the first time, spurred by continually falling prices and surging popularity of residential rooftop solar, according to a report from the Solar Energy Industry Association (SEIA) released this week. Notably, the U.S. is projected to beat Germany in solar PV […]

Continuing his promise to take action on climate change outside of new legislation, President Obama today issued an executive order calling for federal agencies to secure 20% of their energy from renewable sources by 2020. This would nearly triple the federal government’s current consumption of renewable energy. A 2009 order had previously set the target […]