markets

Coal burn in the power sector has fallen off a cliff. Demand peaked at 1.045 billion tons in 2007. The U.S. Energy Information Administration (EIA) estimates consumption in 2020 will be 377 million tons, a drop of 64% in little more than a decade. The EIA is forecasting a modest rebound in 2021 (to 462 […]

A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets.  REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]

Gas prices remain low worldwide, and the challenge for producers is to find a market for their supply. Gas remains the No. 1 source of U.S. power generation, and will continue in that spot for several more

Silicon Valley-based SunPower on March 16 said it has secured grid capacity for about 11 MW of power after a winning bid in ISO New England’s 14th Forward Capacity Auction (FCA), in which companies predict the cost of making power in 2023. The auction, which closed in February, saw a record low price of $2 […]

The 2019 United Nations Climate Change Conference (COP25), held in December in Madrid, Spain, showcased politicians and activists vying for the title of the world’s climate savior. In particular, youth

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 […]

Vistra Energy will shutter four coal-fired power plants—a total 2 GW—as required by Illinois’ recently revised Multi-Pollutant Standard (MPS) rule, but CEO Curtis Morgan noted the move was “inevitable” due to the changing regulatory environment and unfavorable economic conditions in the MISO market.  The company on Aug. 21 said it will close the 54-year-old 915-MW […]

Beijing, China (July 24, 2019) — Rocky Mountain Institute (RMI) today released a report which analyzes the impacts of implementing electricity markets in China and quantifies the benefits, which will help regulators identify which electricity power plants are at risk of closure due to market reforms and determine the best ways to handle challenges in […]

Despite years of escalating natural disasters and dozens of reports examining the science and economic cost of climate change, the Green New Deal framework now languishes as a result of political backlash and its outsize ambition to remake the American economy. But dismissing the issue, and this opportunity, is unnecessary and dangerous.

For the first time since it began conducting sector outlooks, Moody’s Investors Service has downgraded the regulated utility sector from stable to negative. The new outlook reflects a surge in financial risks in the sector as more individual companies in the regulated space funnel funds to debt. Using an analysis of 42 of the largest […]