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S&P Global Market Intelligence ($): Nearly three-quarters of the power generation capacity expected to come into service in the Midcontinent-ISO region in 2019 is to be fueled by wind, according to an S&P Global Market Intelligence analysis. In the Midcontinent-ISO region, stretching from the Gulf Coast of Louisiana to the U.S./Canada border in the Upper […]
Karl Cates and Seth Feaster
Up and down the East Coast, initiatives to develop a massive and largely untapped market
The big lease sales ($405 million) last month in coastal waters off Massachusetts for three federally owned tracts that didn’t sell at an auction in 2015 signal a sea change in how U.S. offshore wind generation potential is now perceived. The winners of that auction, who emerged after 32 rounds of bidding over two days, […]
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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WiscNews: With construction on a $700 million natural gas plant halfway done, Alliant Energy has shut down one of its largest coal-fired generators. Friday marked the final day for Edgewater 4, a 49-year-old plant in Sheboygan that last year burned almost 950,000 tons of Wyoming coal, generating enough electricity to power about 200,000 average Wisconsin […]
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Wisconsin State Journal: One of Wisconsin’s largest utilities has set a date for giving up coal. Congratulations to Alliant Energy for helping to lead our state and nation into a clean-energy future, despite a president who would rather ignore science and steer America’s power supply backward. Alliant, a Madison utility company serving customers in parts […]
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Milwaukee Journal Sentinel: Wisconsin’s two largest public utilities are making bigger stakes in renewable energy and have pledged far deeper cuts in emissions of greenhouse gases than previous predictions. Madison-based Alliant Energy says it intends to stop burning carbon-intensive coal altogether in its electric power plants by 2050. Alliant and Milwaukee-based WEC Energy Group recently […]
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WisBusiness.com: “Dan Krueger, senior vice president for WEC Energy Group, says “it doesn’t make sense” to keep running some coal plants as energy production shifts over to natural gas and renewables like wind and solar. He spoke yesterday on an energy industry panel at the Wisconsin Manufacturers and Commerce Policy Day 2018. WEC Energy Group […]
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Milwaukee Journal Sentinel: Signaling the early stages of a historic transition, WEC Energy Group, the parent company of We Energies and Wisconsin Public Service, last month announced its first large investment in solar power. Once the darlings only of the green-energy crowd, solar and wind projects now have become the least expensive way for utilities […]
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Wisconsin State Journal: Madison Gas & Electric and Wisconsin Public Service, of Green Bay, say they will be partners in purchasing two solar energy projects that would be the biggest solar installations not only in Wisconsin, but throughout the Midwest. The Badger Hollow Solar Farm will be massive—with as many as 1.2 million solar panels […]
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Milwaukee Journal Sentinal: Three groups that represent customers of We Energies have asked state regulators to set aside the money that the utility will save from shutting down the Pleasant Prairie power plant to ensure the savings go to customers and not stockholders. The Citizens Utility Board, the Wisconsin Industrial Energy Group and the Wisconsin Paper […]
IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity
Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River ValleyOct. 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”— […]