Archive: Climate change

Trump EPA Scraps CCS as BSER for New Coal Units

The Environmental Protection Agency (EPA) has significantly relaxed requirements needed to build new coal-fired power units in the U.S.  The revisions proposed on December 6 for performance standards governing carbon dioxide emissions from new, reconstructed, and modified coal power units respond to the Trump Administration’s Executive Order on Promoting Energy Independence and Economic Growth, which […]

Xcel’s Latest Plan: Carbon-Free by 2050

Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]

POWER Digest [December 2018]

Veolia Hungary Creates VPP Portfolio. Veolia Hungary in October acquired a 51% ownership share in CHP Eromu Kft., the first step in a process for Veolia to create a virtual power plant (VPP) portfolio. The

In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors

France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]

Eight Power Sector Takeaways from the Climate Report

Despite increased resilience actions, extreme weather events due to climate change are projected to increasingly threaten the nation’s energy infrastructure, and create fuel availability and demand imbalances, the Trump administration’s sprawling climate report released on November 23 suggests.  The Fourth National Climate Assessment (NCA4) released by the Global Change Research Program (USGCRP) is clear in […]

Toshiba Scraps Massive AP1000 Nuclear Project in the UK

Taking another steep hit from its beleaguered nuclear business, Toshiba Corp. said it will withdraw from construction of the proposed 3.8-GW Moorside nuclear plant in the UK, a project expected to comprise three AP1000 reactors.   The Tokyo-based conglomerate said on November 8 that it had also taken steps to “wind up” NuGeneration Ltd. (NuGen), […]

Midterms a Mixed Bag for State Energy Ballot Measures

The midterm elections yielded mixed results for power-related matters across the U.S. Voters in Arizona shot down a measure that would have expanded the state’s renewable portfolio standard (RPS) to 50% by 2030, but voters in Nevada overwhelmingly backed a similar measure, adding it to a growing list of states that have sought 50% RPS […]

China Sets a New Renewable Portfolio Standard

China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will

Report: Investments in Coal Risky, Billions in Assets Could Be Stranded

A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]