net-zero
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Gas
How One Fossil Fuel Is Poised for Growth as the World Transitions to Net Zero
Most power companies have carbon reduction goals. Often, reaching those goals involves transitioning from coal-fired generation to renewable energy such as solar and wind. However, it’s not always practical
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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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History
Southern Company: A History of a Prolific Power Technology Pioneer
Atlanta-based energy giant Southern Co. has rapidly evolved to keep in step with the evolution of power. As part of its corporate growth, the company has notably pioneered technologies that have reshaped
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Legal & Regulatory
UK Leans Heavily on Nuclear in Bold New Energy Strategy
A long-awaited energy strategy published by the UK government on April 6 lays out bold commitments that tackle Great Britain’s multi-pronged challenges, including achieving net-zero carbon emissions while
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International
Disorderly Transitions: Eight Enduring Global Power Sector Trends
While 2021 unfolded with some relief from the chaotic global pandemic that jolted the world in 2020, the year may be remembered for its extraordinary series of energy crises. After a cold snap prompted mass
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Gas
Texas-Based Utility Teams Up with Mitsubishi Power to Explore Carbon Reduction Opportunities
El Paso Electric (EPE) and Mitsubishi Power have signed a joint development agreement (JDA) “creating a collaboration framework to jointly develop projects that will enable EPE to achieve its clean energy goals.” EPE is a regional electric utility providing generation, transmission, and distribution service to approximately 444,300 retail and wholesale customers in a 10,000-square-mile area […]
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Commentary
Getting to Net-Zero GHG Emissions Will Take More Than Closing Coal Plants
The UK will host the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, next month. The roughly two-week-long event will bring together delegates from around the world with a goal
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Commentary
Why Now Is the Time to Push for Carbon Neutrality
In March 2021, we reached an important milestone in the push for carbon neutrality across industries. A report by the Energy and Climate Intelligence Unit (ECIU), a UK-based non-profit, found more than 21% of
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Press Releases
NRG Energy Reports Achievement Across its Comprehensive Sustainability Program in 2020, Reaching New Milestone on Net-Zero Emissions Goal
–11th Annual Sustainability Report Documents Greater than 35 Million Metric Ton Reduction in Carbon Dioxide Equivalent Emissions Since 2014– NRG 2020 Sustainability Report June 23, 2021 07:24 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NRG Energy, Inc. (NYSE:NRG), North America’s leading integrated energy and home services company published its eleventh annual sustainability report today. The company has reduced […]
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Climate change
Germany Shifts Net-Zero Target to 2045, Sets Tougher Limits for Energy Industry
Germany has moved its climate neutrality target up from 2050 to 2045 and adopted new interim binding targets that will require greenhouse gas (GHG) emissions reductions of 65% by 2030 and 88% by 2040, compared to 1990 levels. After 2050, notably, the country—which is Europe’s biggest economy—envisions it will achieve negative GHG emissions. Germany’s federal […]
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