Author Archive: IEEFA

Biggest Texas solar facility to be linked with electricity storage unit

PV Magazine: Most of the renewable energy news we hear coming from Texas is that it has built the nation’s largest fleet of wind power – which is in large part by socializing the cost of power lines to bring that power to the state’s population centers. And as a result of this, the economic […]

June 18, 2018 Read More →

Utilities continue to close coal units as talk of bailout plan persists

Bloomberg: President Donald Trump has ordered a rescue of the nation’s struggling coal and nuclear power industries, but that doesn’t mean utilities are reconsidering the shutdown of unprofitable plants. Many power generators contacted said Trump’s June 1 announcement hasn’t altered their plans to retire old units even as the administration dangles the prospect of using […]

June 18, 2018 Read More →

U.K. pension funds given OK to divest potentially stranded fossil fuel investments

The Guardian: Managers of the £1.5 trillion invested in Britain’s workplace pension schemes are to be given new powers to dump shares in oil, gas and coal companies in favor of long-term investment in green and “social impact” opportunities. Government proposals published on Monday are designed to give pension fund trustees more confidence to divest […]

June 18, 2018 Read More →

Maryland-based electricity-development company: Subsidies are the ‘wrong way to go’

RTO Insider: Competitive Power Ventures, which last week celebrated the opening of its new 805-MW combined cycle gas-fired power plant in Oxford, Conn., would like to build more gas plants. But it said it is wary of subsidized competitors. The company announced Thursday that is has begun selling power in ISO-NE from its Towantic Energy […]

June 18, 2018 Read More →

New England utility National Grid aims for 80% CO2 cut by 2050

Utility Dive: New research from RMI last week illustrates that broad decarbonization will require efforts across many sectors, including shifting building heat to electric. National Grid’s 80×50 strategy takes a similar approach, calling for “three big shifts in our energy systems” that could reduce emissions 40% by 2030 and 80% within three decades. The plan calls […]

June 18, 2018 Read More →

Even potential beneficiaries say Trump subsidy plan is the wrong approach

S&P Global Market Intelligence ($): President Donald Trump’s decision to invoke national security in a bid to preserve U.S. coal and nuclear power plants could present a major obstacle to the many opponents of potential government intervention in electricity markets unless they can persuade Congress to take action. The Defense Production Act was designed in […]

June 18, 2018 Read More →

Rail executives plan for long-term decline in coal demand

S&P Global Market Intelligence ($): Absent orders from the president and his administration or the U.S. Congress, it is unlikely new coal-fired power plants will be built in the United States, a railroad executive said June 13. CSX Corp. is doing “everything we can” to work with coal miners and power plants, the company’s Executive […]

June 15, 2018 Read More →

Court rulings require EPA action on upwind air pollution

The Hill: Two separate courts ruled this week that the Environmental Protection Agency (EPA) must enforce regulations that restrict states from emitting pollution that could cross borders into neighboring states. U.S. district courts in Maryland and New York both ruled separately that EPA was derelict in its duty by not enforcing states to comply with […]

June 15, 2018 Read More →

Construction starts on Australia’s largest wind farm

Manufacturers’ Monthly: Construction on what is set to become Australia’s largest, and possibly cheapest, wind farm in Australia has officially started near Beaufort in Victoria. Victoria’s Premier Daniel Andrews and Minister for Energy Lily D’Ambrosio yesterday visited the Stockyard Hill Wind Farm, about 35 kilometres west of Ballarat to mark the start of the construction. […]

June 15, 2018 Read More →

Utah to host major geothermal research initiative

The Salt Lake Tribune: A river of federal funding will power a large-scale experiment in rural Utah intended to develop new ways to extract geothermal energy from less-than-ideal locations. If it proves successful, this renewable resource could become a major power source throughout the nation. The U.S. Department of Energy announced the $140 million in […]

June 15, 2018 Read More →