renewables
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Renewables
Michigan Utility Will Phase Out Coal-Fired Generation
Coal-fired power generation has taken another punch, as Consumers Energy—which along with DTE Energy supplies most of Michigan’s power—has announced it will phase out coal burning over the next two decades, with a plan to generate at least 40% of its electricity from renewable sources by 2040. Patti Poppe, Consumers’ president and CEO, made the […]
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Legal & Regulatory
Trump Budget Backs Nuclear, Coal; Cuts Funding for Renewables
The Trump administration’s fiscal year 2019 budget request released February 12 asks for more money to support fossil fuel-based power systems, but seeks funding below current levels for other energy initiatives, including renewable energy and energy efficiency. The energy funding is part of a $4.4 trillion budget that features large increases in military spending, along […]
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Legal & Regulatory
Virginia Considers New Utility Regulatory Rules
Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the proposals, some of which are designed to lift a freeze on utility rates, which could bring refunds for ratepayers—although others warn it could cause rates […]
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Gas
Energy Transitions Begin to Leave Out Natural Gas Power
The world’s energy transition took an interesting turn at the end of 2017 as global power firm Engie announced it would switch all its gas operations to biogas and renewable hydrogen, the UK slashed its
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Renewables
Bonneville Power Administration Unveils Strategic Plan to Stay Afloat
Overwhelmed by low wholesale power prices and changing customer needs in the Pacific Northwest, the Bonneville Power Administration (BPA) on January 30 unveiled a lifeline it hopes will allow it to remain commercially afloat. While the nonprofit federal power marketer headquartered in Portland, Oregon, is part of the Department of Energy, it is self-funding and […]
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Renewables
Report: Clean Energy Investments Hit $333.5 Billion in 2017
Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]
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Renewables
India’s Ongoing Power Generation Course Correction
It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no
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Legal & Regulatory
More Countries Banking on Competitive Auctions Over Subsidies to Stimulate Renewables
News about the rate at which new renewable power capacity is being added to grids around the world has been overshadowed by a remarkable trend that could revolutionize the renewables sector. Over the past few
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Renewables
New Michigan Gas-Fired Plant Will Replace Existing Coal Plant
A Michigan utility will build a $500 million natural gas-fired power plant on the site of an existing coal-fired plant in Lansing, and plans to retire the coal plant and another coal-fired facility in the town in the next few years. Lansing’s Board of Water & Light (BWL) announced the project December 18. The city-owned […]
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Renewables
Bangladesh Announces LNG Power Plants as Part of Generation Expansion
The state-owned North-West Power Generation Co. Ltd. (NWPGCL) in Bangladesh in early November announced plans to build a 3,600-MW regasification liquefied natural gas (LNG) combined cycle power plant in the
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Renewables
WEC Will Close Coal-fired Plant in Wisconsin
The bell has tolled for another U.S. coal-fired power plant. WEC Energy Group on November 28 said it would shutter its Pleasant Prairie facility in Wisconsin, another victim of energy market dynamics that include low natural gas prices, falling demand for electricity, and the continuing move by utilities toward renewable power generation sources such as […]
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Renewables
EIA: Coal Plant Closures Lead to Large Emissions Drop
A U.S. Energy Information Administration (EIA) analysis of carbon dioxide (CO2) emissions in 2015 from U.S. coal consumption shows 43 states recorded lower emissions year-over-year, with just four states showing increased levels, while three states and the District of Columbia had little to no emissions. On the whole, the EIA report released in mid-November comparing […]
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Legal & Regulatory
PJM: Can the Big Dog Deal with State Interference?
The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable
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Legal & Regulatory
California Agency Opposes New Gas-fired Plant
Two members of the California Energy Commission (CEC) on October 6 said they would recommend the full five-member group oppose construction of a new natural gas-fired power plant in Oxnard. The two commissioners said environmental impacts of the plant could not be mitigated, and the plant would not be able to conform to local ordinances […]
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Legal & Regulatory
EPA Ready to Attack Clean Power Plan
The Trump administration’s Environmental Protection Agency (EPA) is considering its options to repeal or replace the Clean Power Plan (CPP), the signature climate regulation of former President Barack Obama. POWER magazine on October 6 obtained a 43-page draft of the EPA’s proposed action on the CPP. The formal document is expected to be released soon. The […]
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Renewables
EIA: Chinese Coal Use Will Plateau as Renewables Gain
Chinese coal-fired electricity generation is expected to flatten through 2040 as renewables fill the gap caused by increased energy demand, according to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2017. According to the study, coal accounted for more than 72% of China’s energy generation in 2015. By 2040, however, coal’s share of generation […]
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Renewables
Xcel Energy Plan Would Close Coal Units, Add Renewables
Xcel Energy on August 29 said it wants to retire 660 MW of coal-fired generation capacity as part of a “Colorado Energy Plan” that also includes adding as much as 1,700 MW of renewable energy and 700 MW of natural gas-fired power generation to its portfolio in the state. A key element of the proposal […]
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Legal & Regulatory
DOE Grid Study Points Finger at Natural Gas
In a long-awaited study of electricity markets and grid reliability, the Department of Energy has called out natural gas as the No. 1 reason for retirements of coal and nuclear plants, breaking from the Trump administration’s prior talking point blaming regulations and renewables for the nation’s shrinking coal and nuclear fleets. The report attributes four […]
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Press Releases
ABB wins $30 million order to support integration of renewables in Germany
ABB has received an order of around $30 millon from the Dutch-German transmission system operator, TenneT, to supply a stabilization solution that will enhance the reliability and quality of power as the grid absorbs more renewable energy. The order was booked in the second quarter of 2017. Germany’s “Energiewende” energy transition roadmap aims for a […]
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Gas
DTE Plans New 1,100-MW Gas Plant Near Detroit
DTE Energy has filed plans with the Michigan Public Service Commission (MPSC) to build a 1,100-MW natural gas-fired power plant on about 100 acres east of the existing Belle River Power Plant, northeast of Detroit near the Canadian border. The August 1 filing confirms the proposal that DTE discussed with local officials last fall for […]
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Renewables
NRG’s New Plan: Sell Assets, Change Focus, Raise Cash
NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]
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Renewables
Four Things That Are Killing Coal
Although President Trump has been promoting a pro-coal energy agenda, there are four things killing coal that the administration may not be able to remedy. That was the message Bill Ritter Jr. delivered to American Society of Mechanical Engineers (ASME) Power and Energy Conference & Exhibition attendees during his keynote address on June 27. Ritter […]
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Legal & Regulatory
Analysis Shows U.S. Nuclear Plants Losing $2.9 Billion Annually
Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]
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Renewables
Dominion to Reassess Plans for Millstone’s Continued Operation after Connecticut Nuclear Support Bill Thwarted
Dominion Energy told POWER it will begin a “strategic reassessment” of its plans for the 2,111-MW Millstone Nuclear Power Station in Connecticut after state legislators effectively blocked a bill that would have provided it a mechanism to bid for state contracts reserved for renewables. Dominion waged a tough campaign to push the bill through the […]
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Renewables
IRENA: Solar and Bioenergy See Record Growth in 2016
Global renewable energy generation capacity surged 161 GW in 2016, marking its strongest year ever for new capacity additions, the International Renewable Energy Agency (IRENA) said in a new report released at
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Renewables
IRENA: Global Renewable Energy Jobs Grew to 9.8 million in 2016
The renewable energy sector employed 9.8 million people in 2016, up 1.1% percent from 2015, according to the International Renewable Energy Agency’s (IRENA’s) “Renewable Energy and Jobs Annual Review 2017”, released May 24. “Renewable energy employment worldwide has continued to grow since IRENA’s first annual assessment in 2012, but the last two years have seen […]
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Renewables
PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables
Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of early retirement. Meanwhile, procurements for solar, wind, and demand response fell dramatically compared to last year, and drastic price declines could roil the market for […]
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Press Releases
ESCO acquires Renewable NRG Systems
ST. LOUIS, May 8, 2017 – ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired NRG Systems, Inc. (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vermont. NRG, founded in 1982, is the global market leader in the design and manufacture of decision support tools for the renewable energy industry, primarily […]
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Press Releases
Germany’s clean energy holiday weekend
Coal and nuclear energy sources reduced to near-complete standby Berlin, May 3, 2017: A combination of breezy and sunny weather in the north and warm weather in the south saw Germany’s May 1 holiday weekend powered almost exclusively by renewable resources, according to the Agora Energiewende Initiative. Most of Germany’s coal-fired power stations were not […]
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Press Releases
Annual Spending on Transmission System Infrastructure for Large-Scale Renewable Energy Integration is Expected to Reach $46.7 Billion in 2025, According to Navigant Research
The nature of a country’s existing power system and regulatory framework will influence infrastructure investment choices, report finds January 25, 2017 – Boulder, CO – A new report from Navigant Research analyzes the market for transmission system technologies required to integrate large-scale renewable energy generation, with global market forecasts for renewable energy capacity additions and […]