News

In a milestone settlement that could resolve Duke Energy’s “last remaining major issues” on coal ash management in North Carolina, the utility has agreed to absorb $1.1 billion in cleanup costs anticipated between 2015 and 2030.  The proposed settlement, which Duke Energy filed with the North Carolina Utilities Commission (NCUC) on Jan. 25, is a […]

National Climate Advisor Gina McCarthy and Special Presidential Envoy for Climate John Kerry during a wide-ranging press briefing on Jan. 27 detailed the Biden administration’s next steps to embed climate policy into foreign policy and national security initiatives. Climate action, envisioned for a quick rollout, may entail new clean energy targets at home and abroad.  […]

The developer of the Hinkley Point C nuclear power plant project said impacts from the coronavirus pandemic may delay construction of the new reactors by six months, and raise the project’s costs by nearly £500 million ($700 million). EDF Energy in a Jan. 27 update on the plant’s progress said the total cost for the […]

President Biden has signed executive orders designed to move the U.S. to carbon neutrality by midcentury, part of a $2 trillion plan that would overhaul the nation’s electricity and transportation sectors. The president’s plan, outlined Jan. 27, focuses on climate change and includes a White House task force that would direct policies on greenhouse gas […]

The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements. That’s according to research published Jan. 26 by BloombergNEF (BNEF). The group in its “1H 2021 Corporate Energy Market Outlook” said more than 130 companies, […]

A report from a major environmental group said that coal-fired power generation will continue to play a large role in U.S. electricity production for at least another 10 years. The Sierra Club report published Jan. 25, based on a review of integrated resource plans (IRPs) from the 50 U.S. utilities most invested in coal-fired and […]

The POWER Podcast is available through Apple Podcasts, Spotify, YouTube, YouTube Music, Amazon Music, iHeart, TuneIn, SoundCloud, and some other podcast apps. Follow the links below to subscribe via your favorite platform: Apple Podcasts Spotify YouTube YouTube Music Amazon Music iHeart TuneIn SoundCloud The POWER Podcast Archive (March 19, 2020 – Jan. 21, 2021) Is […]

The U.S. Department of Energy’s (DOE’s) new leadership team is a diverse group of individuals with a wide range of experience across the power sector and academia. The names announced Jan. 21 include Kelly Speakes-Backman, who has served as the first CEO of the Energy Storage Association (ESA) and was a keynote speaker at POWER’s […]

President Joe Biden just hours after his inauguration effected an immediate freeze on several Trump-era deregulatory actions that directly affect the power sector, and revoked a long list of rules and executive actions affecting the bulk power system. The president on Jan. 20 also kickstarted America’s return to the Paris Agreement, sending a brief letter […]

A federal appeals court has vacated the Trump administration’s rollback of Obama-era greenhouse gas emission standards for power plants. A three-judge panel of the U.S. Court of Appeals for the District of Columbia on Jan. 19 said the measure intended to replace those standards, the Affordable Clean Energy (ACE) rule, “rested critically on a mistaken […]