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FERC to Examine Grid-Resiliency Question

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 […]

April 18, 2018 Read More →

BP Commits to Zero Net Emissions Growth

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 […]

April 17, 2018 Read More →

Power Producer Group Opposes FirstEnergy Bailout

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, […]

April 16, 2018 Read More →

Informe IEEFA: Privatizar la Compañía Eléctrica de Puerto Rico Impedirá la Modernización

El Plan Hace Daño a Contribuyentes y Socava por Completo la Economía del Territorio de Estados Unidos

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 […]

April 13, 2018 Read More →

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 […]

April 13, 2018 Read More →

Exelon Exec Sees No New Nukes In U.S.—Ever

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 […]

April 13, 2018 Read More →

Peabody Consultant Says Navajo Plant May Have A Buyer

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 […]

April 13, 2018 Read More →

Coal CEO Who Wants to Buy First Energy’s Dying Plants Wants Subsidies Too

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 […]

April 12, 2018 Read More →

Georgia Approves Corporate Renewables Program With Southern

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 […]

April 11, 2018 Read More →

Murkowski: No Senate Action Now on FirstEnergy Bankruptcy

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 […]

April 11, 2018 Read More →