Climate change
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Interview
The POWER Interview: Importance of Tax Credits and Incentives
Tax credits and incentives, also known as C&I, have long been important to support the growth of energy technologies, from oil and gas exploration to solar and wind power. Federal tax credits have lifted the U.S. renewable energy industry over the past decade, leading to rapid growth in the sector. Laurence Sotsky is the CEO […]
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Press Releases
Baker Botts Launches Carbon Capture, Utilization and Storage Practice Group
The decision to formalize the firm’s offering follows the establishment of the firm’s Global Hydrogen Practice Group back in June WASHINGTON, D.C. and LONDON, October 13 2020 – Baker Botts L.L.P., a leading international technology and energy law firm, has launched a dedicated Carbon Capture, Utilization and Storage Practice Group within the firm’s Energy sector. […]
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News
Vistra Shuttering More Coal, Adding Solar and Storage
Vistra has announced seven new renewable energy projects that will add about 1,000 MW of solar and energy storage to the company’s generation fleet. The company also said it would retire its coal-fired power plants in Illinois and Ohio as part of an effort to reduce carbon emissions as it established new long-term emissions reduction […]
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Coal
China Promotes Climate Goal, and Builds New Coal Plants
Chinese President Xi Jinping said he wants his country to “achieve carbon neutrality before 2060.” It will not be an easy task for the world’s largest emitter of greenhouse gases (GHG). China, though it has canceled some planned thermal power plants over the past several years, has as much as 200 GW of coal-fired facilities […]
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Gas
Entergy Moves Heavily on Hydrogen for Gas Turbines, Nuclear
Entergy Corp., an integrated energy company with a 30-GW power generating fleet, took a bold step toward decarbonization on Sept. 23, announcing it would join forces with Mitsubishi Power to integrate green hydrogen into utility businesses in Arkansas, Louisiana, Mississippi, and Texas. Entergy will focus on developing hydrogen-capable combined cycle gas turbine (CCGT) facilities and […]
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Solar
Mitigating Emerging Utility-Scale Solar Project Risks
America’s energy systems are being led by renewables development, both now and in the foreseeable future. There should be no real argument about what the future of our energy economy looks like. Not just because renewables bolster needed decarbonization efforts, but because renewables are a better economic solution and embody core principles of American entrepreneurism. […]
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Nuclear
Exelon Makes Plans to Retire Byron and Dresden Nuclear Plants in 2021
In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons. “Although we know in our heads that shutting down the uneconomic Illinois plants is necessary […]
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International
Keeping the Lights on in South Korea
South Korea has flourished over the past six decades, transforming its place on the world stage. However, progress has come at a price—far higher than average pollution generated from its energy grid. On its path of progress, the country has capitalized on the promise of cheap coal power. Meeting its energy and emissions goals will […]
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