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Bloomberg: Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. Under 12-year agreements with Denmark’s Ørsted A/S, Exxon will buy 500 megawatts of wind and solar power in the Permian Basin, the fastest growing U.S. oil field. It is the largest ever renewable power contract signed by an oil company, according […]
Press Release
Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation markets
Nov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]
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Green Tech Media: California has been a haven for solar developers for years. Beginning in 2006, the gigawatts’ worth of solar in its yearly queue of requests rivaled the state’s gas capacity. Wind hasn’t been far behind. And four years ago, energy storage additions began to creep in. According to Prajit Ghosh, head of global […]
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S&P Global Market Intelligence ($): The Electric Reliability Council of Texas set a new wind output record of 17,920 MW on Monday afternoon as a cold front was moving into the area with windy conditions. The new output wind record was set at 3:32 pm CST Monday and surpassed the previous record of 17,542 MW […]
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Houston Chronicle: Sunnova Energy Corporation, a Houston-based solar energy company, said Thursday that it is bringing a solar-plus-storage system that will allow homeowners to store solar energy in batteries for later use to Texas. Solar energy production ebbs and flows with the sun, which is why many solar panels are connected to the grid — […]
Press Release
Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley
Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]
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Platts: Solar energy — increasingly paired with battery storage — is likely to be the “next big thing” in the Electric Reliability Council of Texas, attendees of the Texas Renewable Energy Industries Alliance annual GridNEXT conference learned Monday. During a workshop about the Texas power market, Peter Kelly-Detwiler, principal of the NorthBridge Energy Partners consultancy […]
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Solar Industry Magazine: Today, by a 9-1 vote, the Austin (Texas) City Council approved a 144 MW solar contract for Austin Energy. According to the City of Austin, the council OK’d a 15-year power purchase agreement with East Blackland Solar Project 1 LLC for the full output of electricity from a 144 MW utility-scale solar […]
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Texas Public Radio: San Antonio’s CPS Energy held a ceremonial groundbreaking Monday for a solar power plant and storage facility it’s building with Southwest Research Institute. The five-megawatt facility will have 10 megawatts of storage — enough to power 1,500 homes — and is located on 49 acres donated by Southwest Research Institute, between Texas […]
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Texas Observer: Chalk this one up as another loss for the White House. Last month, American Electric Power (AEP) announced that it would close its 650-megawatt power plant in Vernon, a rural community of 11,000 just south of the Texas-Oklahoma line, by September 2020. The closure of the Oklaunion Power Station is the latest in […]
IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike
Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation marketsNov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]