coal
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Coal
India Power Minister Says Country Will Add More Coal-Fired Plants
The leader of India’s power sector has said the country is preparing to add as much as 56 GW of coal-fired generation capacity by 2030 in order for the country to meet growing demand for electricity. He also said India must invest in energy storage, in concert with supporting more wind and solar power development, […]
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Press Releases
TerraPraxis enters strategic collaboration with Microsoft to decarbonize coal
LONDON, CAMBRIDGE, Mass. — Sep. 15, 2022 — TerraPraxis, a non-profit focused on actionable solutions for climate and prosperity, is collaborating with Microsoft to deliver a digital solution to tackle a significant decarbonization challenge – repurposing over 2,400 coal-fired power plants worldwide to run on carbon-free energy. TerraPraxis is looking to combine its deep expertise […]
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Renewables
Oxford Group: Decarbonizing Energy Would Save $12 Trillion
A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]
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Commentary
Could the Nation’s Coal Plant Sites Help Drive a Clean Energy Transition?
The nation’s coal power plant sites that helped build the U.S. economy during the country’s electrification could play a huge role once again in helping the nation transition to clean energy. A new U.S. Department of Energy (DOE) study finds that hundreds of coal power plant sites across the country could be converted to nuclear power plant […]
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Power
Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS
The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon emissions and achieve net-zero by 2050. The pathways proposed for the iron and steel, cement and concrete, food and beverage, chemical manufacturing, and petroleum refining sectors may have substantial implications for future power demand. […]
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Legal & Regulatory
Biden Signs Bill to Transform U.S. Energy, Combat Climate Change
President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]
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Renewables
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]
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Trends
AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
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News
Southern CEO Fanning Set to Step Down
Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]
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Press Releases
America’s Power Statement on the Environmental Protection Agency’s Plans to Force the Shutdown of Coal-Fired Power Plants
Washington, D.C. – America’s Power President and CEO Michelle Bloodworth issued the following statement regarding the Environmental Protection Agency’s (EPA) plans to use new regulations to shut down coal-fired power plants, as part of the administration’s efforts to decarbonize the power sector. The announcement follows last month’s decision by the Supreme Court that placed constraints […]
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