Archive for August, 2017

More News and Commentary

Oljefondet bør Sette av 190 Milliarder Kroner til Investeringer i Fornybar Energi, Mener Lobbygruppen IEEFA

E24 Næringsliv: Oljefondet er i ferd med å øke sin andel aksjer fra 62,5 prosent til 70 prosent. Ifølge Finansdepartementet kan dette grepet løfte den forventede avkastningen i fondet fra 2,75 prosent til 3 prosent. Allerede nå er fondet i ferd med å trappe opp aksjekjøpene, som totalt vil flytte rundt 550 milliarder kroner fra […]

August 31, 2017 Read More →

Electricity-Sector Transition and Its Jobs Effects

Bloomberg New Energy Finance: This shift in the political weather from trumpeting green jobs to chest-beating about brown jobs leads us onto something that deserves more attention than it has got so far. That is the wider effect on economies around the world of the transition to clean energy and transport. In power generation, we […]

August 31, 2017 Read More →

Tapping Wind and Natural Gas, New Regional Grid Expansion for Dakotas, Minnesota and Wisconsin Is Complete

Associated Press: Xcel Energy and Otter Tail Power say they’ve completed a 70-mile power line in South Dakota that’s the last piece of a major expansion of the upper Midwest power grid called CapX2020. The new 345-kilovolt line connects a new substation near Big Stone City with an existing substation in Brookings in eastern South […]

August 31, 2017 Read More →

Big Reductions Seen in Wind-Energy Costs; Global Solar Growth Exceeds Expectations

Vox: Solar and wind energy have been underestimated by analysts and politicians again and again and again. They have gotten cheaper and scaled up faster than even the most optimistic forecasts of a decade ago, or even a few years ago. And there’s good evidence we’re still underestimating them. In fact, two new reports — […]

August 31, 2017 Read More →

A State Trend Toward Ignoring Trump Emission-Regulations Rollbacks

Utility Dive: The Trump administration is abdicating Obama-era climate regulations, but a small — and growing — amount of states are taking matters into their own hands. The weapon of choice? The federal social cost of carbon, developed by the former Obama administration’s interagency working group composed of federal scientists and economists. The way it […]

August 31, 2017 Read More →

Momentum in New Mexico on Coal-to-Solar Transition

Associated Press: The New Mexico Attorney General’s Office and consumer advocates are petitioning state regulators to consider a new energy standard they say would protect utility customers and shareholders from the costs and risks associated with future environmental regulations. Steve Michel, the energy policy chief with the environmental group Western Resources Advocates, presented the proposal […]

August 31, 2017 Read More →
IEEFA Report: Renewable Energy Opportunity Now for Norway’s $976 Billion Pension Fund as Global Institutional Capital Migrates Out of Fossil Fuels

IEEFA Report: Renewable Energy Opportunity Now for Norway’s $976 Billion Pension Fund as Global Institutional Capital Migrates Out of Fossil Fuels

35% of Assets Reallocated Can Go Into High-Growth Sector; Risks Can Be Responsibly Managed; Possibilities Include Stocks, Index Funds and Infrastructure

Aug. 30, 2017  (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report urging Norway to allocate more of its Government Pension Fund Global (GPFG) assets to the fast-growing global renewable energy market. The report — “How Renewable Energy Holdings Can Contribute to the Growth of Norway’s Pension Fund in […]

August 30, 2017 Read More →

In Ongoing Shift From Coal (and Announcement of Two Closures in Colorado), Xcel Says It Has Found ‘the Right Formula’

The Denver Post: Xcel Energy on Tuesday continued its shift away from coal, announcing an agreement to retire two of its three coal-burning units at the Comanche Generating Station in Pueblo while adding substantially more wind, solar and natural gas generation. Xcel Energy will request competitive bids before the end of the year for 1,000 […]

August 30, 2017 Read More →

‘U.S. Renewables vs. Nuclear: The Race Is On’

Solar Industry Magazine: With each providing roughly 20% of the nation’s power, U.S. renewable energy sources are in a statistical dead heat with nuclear power, according to nonprofit research group the SUN DAY Campaign. Citing the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly” (with data through June 30), the group […]

August 30, 2017 Read More →

On the Blogs: Coal Power Risks Grow

Hindustan Times: The economics of coal-fired power generation is incredibly vulnerable, much more so than is recognised. Coal is particularly at risk from competition from low cost renewables, volatile commodity prices, growing concerns about air pollution, worsening water availability for cooling, the increasing incidence of heat waves that reduce operating efficiencies and, of course, necessary […]

August 30, 2017 Read More →