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S&P Global Market Intelligence ($): As part of a broad review of electric grid resilience, Federal Energy Regulatory Commission Chairman Kevin McIntyre said his agency will consider whether the loss of entire resource categories “would be harmful to American interests.” The comments came as coal-fired and nuclear power proponents urge the federal government to stem […]
Houston Chronicle: BP said Monday that it will hold greenhouse gas emissions from its operations at or below its 2015 levels in the years ahead as the world’s biggest oil companies prepare for a lower carbon future that could threaten their businesses. The British oil major released an “Advancing the Energy Transition” report that detailed […]
Washington Examiner: Power plant owners are urging President Trump to reject a plea by an Ohio power provider to save its fleet of coal and nuclear plants that are slated to shut down in the next three years, saying it would be legally wrong and jeopardize his America First agenda. The Electric Power Supply Association, […]
13 de abril de (IEEFA)— La Asamblea Legislativa de Puerto Rico estaría actuando en el mejor interés público bloqueando la propuesta privatización de la Autoridad de Energía Eléctrica, concluyó un reciente informe del Instituto para Economías Energéticas y Análisis Financiero (IEEFA, por sus siglas en inglés). El informe – “El proyecto de privatización no resolverá […]
Platts: Due to their high cost relative to other generating options, no new nuclear power units will be built in the U.S., an Exelon official said Thursday. “The fact is—and I don’t want my message to be misconstrued in this part—I don’t think we’re building any more nuclear plants in the United States. I don’t […]
S&P Global Market Intelligence ($): A consultant retained by Peabody Energy Corp. told a U.S. congressional committee that the Navajo Generating Station has the potential to continue to supply power at competitive prices well into the future and a potential buyer is interested. An unnamed investor and operating company have been identified that could keep the plant open, said […]
WKSU (Kent State): The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions’ coal-fired power plants from shutting down. Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can get financing to buy the coal plants targeted for closing. And with his […]
Atlanta Business Chronicle: The state of Georgia gave its blessing to fuel a new program that lets major corporate players buy renewable energy directly from Georgia Power. Google announced Tuesday that the state approved a partnership involving Walmart Inc., Target Corp., Johnson & Johnson, and Alphabet Inc., for a “first of its kind” program in Georgia that […]
S&P Global Market Intelligence ($): U.S. Senate Energy and Natural Resources Committee Chairman Lisa Murkowski said she is alarmed about the premature closure of U.S. nuclear plants but that her committee is unlikely to weigh in on merchant generator FirstEnergy Solutions Corp.’s request for the U.S. Department of Energy to help keep several of its at-risk […]
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IEEFA Report: Privatizing Puerto Rico’s Electric Company Would Be an Impediment to Modernization
Plan Would Hurt Ratepayers and Undermine a U.S. Commonwealth’s Entire Economy
Link to Spanish-language press release April 13, 2018 (IEEFA)— The Legislative Assembly of Puerto Rico would be acting in the public’s best interest by blocking a proposed privatization of the Puerto Rico Electric Power Authority, a new report by the Institute for Energy Economics and Financial Analysis concludes. The report — “Privatization Bill Will Not […]