Climate change
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Press Releases
FM Global allocates US$300 million, first-of-its-kind ‘resilience credit’ to help policyholders proactively invest in climate resilience
JOHNSTON, R.I., USA—Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive approximately US$300 million in a first-of-its-kind ‘resilience credit,’ providing them with additional means to invest in climate resilience solutions. The credit has the potential to help those organizations reduce total loss expectancies […]
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Coal
Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030
The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal trade group estimates that even without new rules, 86 GW of coal generation is slated to retire by 2030. While the U.S. Supreme Court in June curtailed the EPA’s […]
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Nuclear
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants. The news is particularly troubling as several European nations struggle to cope with an energy crisis caused by gas cuts made by Russia in retaliation against sanctions placed on it due to […]
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Nuclear
Nuclear Power Plants Report Stellar Performance, but Retirements Could Limit Climate Benefits
The world’s nuclear power plants generated a total of 2,653 TWh of energy in 2021, up 100 TWh from 2020. It was the third-highest total ever for global generation from nuclear, just 4 TWh short of the output in 2019 and 7 TWh less than the record set in 2006. The results were reported by […]
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Renewables
How a Solar and Storage Portfolio Ramped Up a City’s Sustainability and Financial Outlook
The City of White Plains, New York, enlisted DSD Renewables to design, engineer, develop, construct, and finance a nine-site, 6.8-MW community solar and 1.7-MW/8-MWh energy storage portfolio. The
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Hydrogen
RWE to Take Over Vattenfall’s 1.4-GW ‘Hydrogen-Ready’ Dutch Gas-Fired Plant
German energy giant RWE will in September acquire Vattenfall’s 1.4-GW Magnum combined cycle gas-fired power station, a project in the Netherlands where work is underway to explore converting one of the three
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Legal & Regulatory
Supreme Court Limits EPA Authority to Regulate Power Plant Emissions
The U.S. Supreme Court has curbed the Environmental Protection Agency’s (EPA’s) options for limiting emissions of greenhouse gases (GHG) from power plants, an important environmental decision that could impact the federal government’s authority to enforce other regulations. The court in a 6-3 vote, with conservatives in the majority, on June 30 said the EPA does […]
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Nuclear
California Legislature Passes Bill to Support Reliability Reserve, Lifeline for Diablo Canyon Nuclear Plant
California’s State Legislature has passed a bill that could extend the operating lives of existing generating facilities slated for retirement, potentially providing a new lifeline for the 2,240-MW Diablo Canyon Power Plant (DCPP), which has a premature closure date in 2025. Both houses on June 29 passed AB-205 Energy, an energy trailer bill that Gov. […]
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Press Releases
ABB technology to be used in world’s first open CO2 transport and storage infrastructure
ABB’s automation, electrification and digital solutions to be used in carbon capture project in Norway Project to help accelerate industrial decarbonization and CO2 removals by providing transport and permanent storage of CO2 in reservoirs 2,600 meters under the seabed Plans to store over five million tons of CO2 per year, equivalent of taking one million […]
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Commentary
Energy Systems of the Future Must Plan for Climate and Extreme Weather of the Future
Climate and extreme weather are increasingly impacting energy systems around the world. Whether it is prolonged, extreme cold in Texas, wildfires in California, high winds in the Midwest, or the recent prediction for an above-normal 2022 hurricane season, it is clear extreme weather events are testing the resilience of the North American grid. Changes in […]