Archive for January, 2015

More News and Commentary

China’s Coal Glut Has Second-Biggest Producer Expecting Steep Drop in Profits

China’s Coal Glut Has Second-Biggest Producer Expecting Steep Drop in Profits

Reuters reports this afternoon that China Coal, the country’s second-largest coal producer, has released a statement saying it expects its 2014 net profits to decline by 75 to 85 percent from 2013. The report, by Meg Shen and Lee Chyen Yee, notes that the drop would be the company’s biggest decline in 10 years and […]

January 30, 2015 Read More →
Anti-Solar Strategy in Washington State

Anti-Solar Strategy in Washington State

Utilities in Washington State are moving to put laws on the books that would curtail incentives for residential solar power, according to an article posted this week on the website cleantechnica.com. The article, by Peter Allen, notes that utilities in Arizona and Indiana are pursuing similar legislation in those states by promoting laws “too complicated […]

January 30, 2015 Read More →
A More Energy-Efficient Super Bowl

A More Energy-Efficient Super Bowl

UtilityDive.com finds an energy-news angle in Super Bowl XLIX with an article today that notes that Sunday’s game in Phoenix between the Seattle Seahawks and the New England Patriots will take place in a stadium retrofitted with LED lights and rooftop solar panels. The article, by Robert Walton, says professional sports in general offer marquee […]

January 30, 2015 Read More →
12 Companies in Bidding for Largest U.S. Offshore Wind Farm

12 Companies in Bidding for Largest U.S. Offshore Wind Farm

The U.S. Interior Department this week put 742 acres of water off the Massachusetts shore up for bid to wind-turbine generation companies. A Jan. 29 lease sale will award the most competitive bids submitted by 12 companies. The area could support production of 4 to 5 gigawatts of commercial wind generation, “enough electricity to power […]

January 29, 2015 Read More →
A Good Year for U.S. Wind Producers, But Stalled Tax-Credit Puts 2015 in Doubt

A Good Year for U.S. Wind Producers, But Stalled Tax-Credit Puts 2015 in Doubt

U.S. wind-energy producers last year installed five times the capacity they built in 2014, according the American Wind Association’s most recent quarterly numbers. Michael Copley of SNL reports, however, that the recent expiration of the industry’s production tax credit stands to slow boom. Copley has industry players saying they don’t need tax-credit support forever, but […]

January 29, 2015 Read More →

Letter From Indianapolis: Utility Companies Want to Kill the Only Competition They Have

Energy independence? Affordable energy? All of the above? The 2015 Indiana General Assembly stands poised to define these catch phrases as two proposals are making their way through the legislative process. Hoosiers should pay attention. While claiming to believe in “all of the above,” our elected officials voted last year to end the Energizing Indiana […]

Big Coal Production Region of China Scales Back

Big Coal Production Region of China Scales Back

A major coal-producing province of China is scrapping plans for expansion. Bloomberg has the details in an article that says work in Shanxi project of North China will be on hold until coal markets recover. Coal demand is currently much less than supply. Excerpts: – “More than 70 percent of coal companies in China, the […]

January 29, 2015 Read More →
U.S. Utility Execs See Industry Makeover Ahead

U.S. Utility Execs See Industry Makeover Ahead

UtilityDive.com is out today with a write-up of a revealing survey of 400 utility-industry executives that finds broad expectations for an impending shift toward cleaner, most sustainable energy sources. “Utilities see coal and oil on the decline, while natural gas, solar, wind, energy efficiency and distributed energy resources are on the rise,” writes Davide Savenije, […]

January 28, 2015 Read More →
Frost & Sullivan: Rapid Emerging-Market Growth for Renewables

Frost & Sullivan: Rapid Emerging-Market Growth for Renewables

Frost & Sullivan, the global business consultant, takes note this week of the likely impact of surging private investment in and government support for renewable energy. Its annual outlook on renewables has solar and wind vying for a roughly equal share of the expanding market through 2025, and the firm acknowledges the rapid uptake over […]

January 28, 2015 Read More →
NRG Aims to Double Revenues by Pursuing Clean-Energy Markets

NRG Aims to Double Revenues by Pursuing Clean-Energy Markets

In a presentation this month on investors and analysts, NRG President and CEO David Crane said NRG will double its revenue over the next two years, largely on the back it its renewable-energy push. Crane said Wall Street is overlooking the company’s ongoing push into development and delivery of renewables, reports SNL in an article […]

January 28, 2015 Read More →