Environmental

Environmental, social, and governance (ESG) investing is rapidly becoming one of the most visible and durable megatrends in the financial community. ESG, or sustainability, refers to corporate activities that

Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change. Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can […]

The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is

The leader of North Carolina’s agency overseeing environmental issues in that state will be nominated to lead the U.S. Environmental Protection Agency (EPA), POWER learned on Dec. 17. Michael Regan, 44, who previously worked at EPA and has served with the North Carolina Dept. of Environmental Quality (NCDEQ) since 2017, is expected to be nominated […]

A pan-renewables organization has chastised the Department of Labor (DOL) for fast-tracking a new rule it has said is a “transparent attempt to slow the growth” of environmental, social, and governance (ESG) investing.  According to the American Council on Renewable Energy (ACORE)—a group that represents a wide range of renewables stakeholders including some of the […]

The smart grid is transforming the way utilities communicate with their customers. Smart grid technology, including control systems and automation that help new technologies work together, supports a power grid that can respond digitally to quickly changing electricity demand. The smart grid enables electricity producers to enhance reliability, availability, and efficiency. It can provide cost […]

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 […]

The U.S. Bureau of Land Management (BLM) on Dec. 30 released a final environmental impact statement (EIS) for the Gemini solar project, a planned 7,100-acre installation outside Las Vegas, Nevada, with a proposed generation capacity of 690 MW. The $1 billion project would be the largest U.S. solar farm in terms of generation, and includes […]

Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but it […]

An estimated 91% of U.S. coal power plants that submitted groundwater monitoring data as required by the Environmental Protection Agency’s (EPA’s) 2015 Coal Combustion Residuals (CCR) rule have unsafe levels of one or more contaminants, a collaborative analysis of the monitoring data by several environmental groups suggests.  The March 4 report is significant because power […]

The Senate on February 28 officially confirmed Andrew Wheeler to be administrator at the Environmental Protection Agency (EPA) on a 52–47 vote, mostly along party lines. The nomination of Wheeler, a former coal lobbyist, was controversial, with many lawmakers and environmentalists criticizing his ties to the coal industry.  Wheeler has held the role in an acting […]

A spate of major power companies—including American Electric Power (AEP) and Southern Co.—have acquiesced to investor pressure and announced drastic cuts to their generating fleet carbon emissions over the long term. Industry group Edison Electric Institute (EEI) this week launched an official industry-designed template to help its member utilities better inform investors about their environmental, […]

Multiple disparate trends could forcefully reshape power systems around the world. As electricity markets transform, technologies advance, industries converge, consumption patterns change, environmental

A digital roundtable with four senior members of diverse generating companies reveals that regulations aren’t the top concern at the moment. Instead, decisions are being driven both by customer desires and

Canada’s Ministry of Environment and Climate Change on November 21 announced regulatory actions to accelerate the phase-out of coal generation that lacks carbon capture and sequestration (CCS) across the country within the next few decades. The measures announced by Minister of Environment and Climate Change Catherine McKenna are part of a larger transition from “traditional” […]

The world’s power sector last year emitted a third of global sulfur dioxide (SO2) emissions, 14% of nitrogen oxides (NOx), and 5% of total particulate emissions (PM2.5), but those emission values have fallen drastically over the last decade even though coal power generation has seen a surge, the International Energy Agency (IEA) said in a […]

This year’s much-awaited Environmental Mega Session at the 18th annual ELECTRIC POWER Conference & Exhibition in New Orleans, La., on April 19 was titled “Navigating Clean Power Plan Compliance”

The two probable major-party U.S. presidential candidates hold very different views on energy and climate. One intends to focus on expanding and developing America’s fossil-fuel industries, while the other plans to grow renewable energy and promote efficiency. Can you guess who’s who? Fossil vs. Renewable Donald Trump, the presumed Republican nominee, presented his “America-First Energy […]

For decades, renewable energy sources—primarily wind and solar—have been touted as the answer to continued reliance on fossil fuels. The technology has substantially improved, reducing unit costs, and state-imposed requirements have increased demand, enabling increased production to be sustainable. This expansion has come with the recognition that it also has environmental consequences. Wind farms threaten […]

The U.S. power sector has seen a number of developments on the regulatory front in recent months. Here’s where major federal rules stand today. (For a more dynamic and graphic version of this article, see http://powermag.com/long-form-stories/bw-power/ .) GHG Rules New Power Plants. The Environmental Protection Agency (EPA) in September 2013 revised a 2012 proposal to […]

Five coal ash ponds at a Dominion power plant in Virginia have discharged coal ash pollutants into waterways for decades, environmental groups allege in a notice.  The Southern Environmental Law Center, representing the Potomac Riverkeeper and the Sierra Club, on Sept. 17 told Dominion and the Virginia Department of Environmental Quality (DEQ) that it will sue […]

The Environmental Protection Agency (EPA) released its “Clean Power Plan” proposal today, which spurred a wide range of responses. Environmental groups applauded the guidelines while fossil fuel proponents decried the end of affordable energy. Power plants are the largest source of carbon pollution in the U.S., accounting for roughly one-third of all domestic greenhouse gas […]

The Environmental Protection Agency (EPA) on Friday issued a revised proposal to curb carbon emissions from new power plants that sets separate standards for new gas-fired and coal-fired power plants. The agency also revealed it is developing new carbon standards for existing power plants. Separate Standards for Coal and Gas and Forthcoming Existing Plant Standards […]

Duke Energy will retire four coal units and possibly two oil-fired units under terms of a settlement reached between the company and four citizen and environmental groups over outstanding air permits for the company’s Edwardsport Integrated Gasification Combined Cycle (IGCC) project. The agreement resolves a long-standing dispute over air permits for the now-operational IGCC plant […]

Two federally sponsored reports submitted to the Eastern Interconnection States’ Planning Council (EISPC) suggest that the rapid expansion of natural gas could force the closure of between 35 GW and 60 GW of U.S. coal power capacity over the next five years and weaken market forces that now bolster existing nuclear plants. An Energy Department–funded […]