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The Hill: Back in the 1980s, we enacted the nation’s first law incentivizing utilities that bought more renewable power. That began decades of innovation and investment in Iowa’s energy sector. Fast forward to today where we’re now reaping the rewards: low-cost electricity, new jobs and support for rural communities. Last year, nearly 37 percent of […]
Albuquerque Business Journal: New Mexico’s $865-million Sagamore Wind Project is expected to create 600 jobs, both temporary and full time. That’s according to the Minneapolis-based Xcel Energy, which stated Monday those jobs are part of the company’s efforts to add more than 1,000 megawatts of wind energy that Xcel will build and own in Roosevelt […]
Seth Feaster
The Second-Worst Production Performance in at Least 30 Years Isn’t Much of a Bounce
The U.S. coal industry is making a comeback. So goes the story being spun lately by the industry itself, even if the facts of the matter suggest something else. The coal industry points, among other statistical threads, to the latest Short-Term Energy Outlook from the Energy Information Administration, released July 11, as a harbinger of […]
UPI: About half of the population in the state of Kansas could now be drawing energy from wind power as the U.S. sector gains momentum, an industry report showed. A quarterly report from the American Wind Energy Association found the sector is gaining traction. Compared with last year, there were 40 percent more wind energy […]
David Schlissel
‘If It's Not Economic for Us, It Won't be Economic for Anybody Else’
Conceding finally that it is uneconomical to operate the Gibbons Creek coal plant except during the hottest months of the year, the owners of the plant have announced it will run now only from June through September. The news is emblematic of a broad shift nationally away from coal-fired electricity and is notable for being […]
Utility Dive: The Texas Municipal Power Agency (TMPA) told the Electric Reliability Council of Texas (ERCOT) that it plans to operate the 470 MW coal-fired Gibbons Creek power for only five months of the year. TMPA said it is not economical to run the plant in Anderson, Texas, except during the hottest months, from June […]
New York Times: Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, and states carried by Donald J. Trump in the presidential election. The five states that get the largest percentage of their power from wind turbines — Iowa, Kansas, South Dakota, Oklahoma and North Dakota […]
SNL: Xcel Energy Inc., the most prolific purchaser of wind energy in the United States, has experienced “no problem with reliability,” Ben Fowke, the utility’s chairman, president and CEO, said May 24, despite supplying up to 67% of its power mix in Colorado with wind-generated electricity. Xcel’s service territory spans eight Western and Midwestern states, […]
SNL: Founder of Grid Strategies LLC Rob Gramlich said market forces were driving the power sector away from investing in coal, that the Trump administration had little at their disposal to reverse that trend and that he expects existing tax policy will continue to drive investment in renewable power sources even in the absence of […]
Marketplace (American Public Radio): More than 20 percent of the electricity being generated in Texas now comes from wind. It’s a little-known legacy of former Texas governor — now U.S. Energy Secretary — Rick Perry. He got it all going with infrastructure and incentives more than a decade ago. Developers are buying up more and […]
IEEFA Research Brief: Coal in Decline, Blow by Blow
Plant Closings and the Likely Effects on Specific Companies and MinesWe’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]