climate change
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Nuclear
The POWER Interview: Designing a Net Energy Fusion System
Commonwealth Fusion Systems (CFS), a company commercializing fusion energy, recently announced a series of seven papers published and peer reviewed in a special edition of the Journal of Plasma Physics. The papers validate the company’s approach to commercial fusion energy. CFS said the papers, written in collaboration with the Massachusetts Institute of Technology’s (MIT’s) Plasma […]
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News
Banks Invest in Coal, Gas Projects Despite Pushback
A new report from a half-dozen environmental groups says global banks financed $2.7 trillion of fossil fuel projects from December 2015, when the Paris Agreement on climate was reached, through year-end 2019. The report said funding for such projects has increased in each of the past four years. “Banking on Climate Change 2020,” published March […]
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News
Tech Guru’s Plan—Fight Climate Change with Nuclear Power
There’s widespread debate over whether nuclear power should be a player in the path toward addressing climate change. Industry analysts say nuclear is key to zero-emission power generation; even some environmentalists agree, though others point to the issue of disposal of nuclear waste, and concerns about the safety of reactors. Those concerns have led some […]
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News
The New Due Diligence: Understanding the Climate-Related Vulnerabilities of Our Infrastructure
Rich Sorkin, CEO of Jupiter Intelligence As the reality of climate change begins to soak in, enterprises, organizations and governments around the globe are trying to get a handle on the economic and social implications of rising temperatures and sea levels. One area most immediately threatened by climate change—and one that hasn’t received nearly enough […]
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News
California Official: Solar’s Future Bright, but Clouds Persist
The technology behind solar power is changing rapidly. Researchers at the University of California, Davis have said so-called “anti-solar” panels could even generate power at night. But even as solar deployments grow worldwide, more innovative solar products are launched, and more governments enact clean energy mandates, political headwinds threaten to slow the progress of the […]
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Coal
Cementing Coal Power Phaseout, Germany Sets Out to Shutter 40% of Current Generation Mix
Germany’s federal cabinet on Jan. 29 approved a nationwide phaseout of coal power generation by 2038, paving the way for the country, which has already initiated a nuclear phaseout, to rely even more heavily on renewables. The federal cabinet’s approval of the “Reduction and Termination of Coal Power Generation” (Gesetz zur Reduzierung und zur Beendigung der […]
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Environmental
Environmental Concerns Dominate Global Risks List
For the first time in the 15-year history of the World Economic Forum’s Global Risks Report, environmental perils filled the top five positions on the list of long-term risks in terms of likelihood of occurrence over the next 10 years. The report, which is a qualitative and quantitative study of global risks, conducted in partnership […]
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News
Coal Is Out as APS Sets Carbon-Free Goal
Arizona Public Service (APS) announced Jan. 22 that it plans for all its power generation to be carbon-free by 2050, and also said it plans to produce nearly half its power from renewable sources by 2030. APS joins other U.S. utilities who have put forth similar goals in recent years. APS, which has been criticized […]
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Nuclear
A Decade of Turmoil: How Nuclear and Coal Have Struggled to Survive
The past 10 years have been filled with trials and tribulations for both the nuclear and coal power industries. From accidents to plant closures there has been little to cheer about. Still, nuclear and coal power continue to provide reliable baseload generation to billions of customers around the globe. Here’s a look back at the […]
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Commentary
Structural Effects of Climate Change on the Utility Business
Developers and other sellers of electricity have traditionally viewed utilities as creditworthy counterparties. Utilities are longstanding institutions that provide a public service and receive a regulated