Author Archive: IEEFA

Despite $90 billion annual cost, fossil fuel producers push carbon capture/storage plans

Bloomberg: Some of the world’s biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit. The world’s biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it’s […]

December 12, 2018 Read More →

Australian renewables group: Record-setting 14.6GW of green capacity under construction

The Guardian: Australia’s renewables sector has doubled its output over the past 12 months, with more than $20bn of projects now under construction, but the current boom will not last without policy certainty, according to the Clean Energy Council. The council, which represents solar, wind, energy efficiency, hydro, bioenergy, energy storage, geothermal and marine businesses, […]

December 12, 2018 Read More →

Wood Mackenzie estimates 680GW of new wind power will come online by 2027

ReNews: Over 680GW of new wind power capacity will come online in the next 10 years, with the offshore market accounting for nearly 40%, according to a new report from consultancy Wood Mackenzie Power & Renewables The ‘Global Wind Power Market Outlook Update: Q4 2018’ report said the overall figure is up 2% on its […]

December 12, 2018 Read More →

Georgia Power seeks bids for 540MW of new renewable energy

Atlanta Business Chronicle: Georgia Power Co. has issued a request for proposals for up to 540 megawatts of utility-scale renewable energy projects. The RFP, released on Monday, will fulfill a commitment the Atlanta-based utility made more than two years ago to procure an additional 1,200 megawatts of renewable power through a combination of solar, wind […]

December 12, 2018 Read More →

Orlando to study possible closure of Stanton coal plants

Orlando Sentinel: Global warming has triggered worldwide action for years, but the city of Orlando and its electric utility have never considered publicly whether to shutter a pair of coal-burning power plants — until now. On Tuesday, the Orlando Utilities Commission is expected to launch studies that cost $1 million, take 18 months, solicit customer […]

December 12, 2018 Read More →

Pakistan remains at frontline of climate risks: Advisor

The DG Ministry of Climate Change, Irfan Tariq, who has arrived for the second week of COP24, also spoke at the side event on the “Belt and Road Green Development Partnership” which is looking at greening the China Pakistan Economic Corridor (CPEC). Tariq explained that when Pakistan submitted its NDC document in 2016, they had […]

December 11, 2018 Read More →

Trans Mountain pipeline costs are adding up for Canadian government

National Observer: The Trans Mountain oil pipeline is costing a Canadian Crown corporation some staggering interest expenses that cast doubt on strong revenues from the infrastructure touted in the federal government’s recent economic update. The interest expenses were $20 million over a single month in September, right after Prime Minister Justin Trudeau’s government purchased the […]

December 10, 2018 Read More →

Colorado distribution co-op wants out of coal-heavy power supply contracts

Utility Dive: A Colorado electric cooperative filed with state regulators Thursday to ditch its coal-heavy generation supplier in pursuit of cheaper renewable energy, part of an industry-wide move toward wind and solar. The Delta Montrose Electric Association (DMEA) asked the Colorado Public Utilities Commission to adjudicate a fair exit price to end its generation contracts […]

December 10, 2018 Read More →

India adds record 1,538MW of rooftop solar in 12 months through September

PV Tech: India added a record 1,538MW of rooftop solar capacity in the 12-month period up to September 2018, which is a huge year-on-year rise of 75%, according to consultancy firm Bridge to India’s latest report. The ‘India Solar Rooftop Map’ revealed that cumulative installations reached 3,399MW by the end of September this year, and […]

December 10, 2018 Read More →

Dominion suspends work on Atlantic Coast natural gas pipeline

Platts: Dominion Energy has suspended construction on the full 600-mile route of the Atlantic Coast Pipeline, except for some ‘stand-down’ activities, after an appeals court stay last week, the company told the U.S. Federal Energy Regulatory Commission Friday. Dominion said its action to halt work on the natural gas project was in response to the […]

December 10, 2018 Read More →