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IEEFA Update: Will Southern Company Refund Mississippi Ratepayers for Failed $7.5 Billion Kemper ‘Clean Coal’ Experiment?

IEEFA Update: Will Southern Company Refund Mississippi Ratepayers for Failed $7.5 Billion Kemper ‘Clean Coal’ Experiment?

Red Flags Ignored in Long Run-up to Power Plant Debacle

Call it what you will: fiasco, debacle, calamity, misadventure. But not a surprise. Georgia-based Southern Company and its regulators in Mississippi were warned years ago that the experimental and now infamous “clean coal” Kemper power plant project was a shot in the dark. They kept at it anyway, pushing the price tag to $7.5 billion, […]

On the Blogs: Skeptics Question Prudence of U.S. Energy Research Budget Cuts

Morning Consult: Energy Secretary Rick Perry justified the administration’s proposed cuts to energy research in Congress this week by saying the shortfall could be made up by the private sector. Perry defended the strategy at three hearings for House and Senate committees, stating that federal funds would flow toward early stage research, while companies would […]

June 23, 2017 Read More →

‘FirstEnergy: Avoid’

SeekingAlpha.com: Akron, Ohio-based FirstEnergy Corp. (NYSE:FE) disproves the popular contention that utilities are safe investments. Many investors see the utility sector as reliable due to the fact that utility companies possess territorial monopolies and have regulatory barriers protecting them from competitors. And at first glance, FirstEnergy would seem to be a utility that would be […]

June 23, 2017 Read More →

In Uptake of Wind Generation, U.S. Government Study Finds Disconnect Between Expectations and Actuality

RTO Insider: Western U.S. utilities procured three times more wind capacity in 2003-2014 than planned, showing there is a limited relationship between electricity resource planning and procurement, according to a new Department of Energy study. Expansion of nameplate wind capacity by 2015 was expected to be about 15% but was actually about 50%, likely coming […]

June 23, 2017 Read More →

On the Blogs: GE Moves Into Japanese Wind

ClimateActionProgramme.org: GE Renewables Energy – one of the largest wind turbine manufacturers in the world – has announced its development of a 66 megawatt (MW) wind energy project in the Akita prefecture in northern Japan. GE Renewables Energy said it has reached an agreement with leading architectural, civil engineering and general contracting firm, Shimizu Corporation, […]

June 23, 2017 Read More →

Trump Putdown of Wind Energy Stirs a Backlash in Iowa

 Washington Post: President Trump’s putdown of wind energy at his Iowa rally was denounced Thursday across the state, which takes pride in its position as a national leader in wind generation. Trump was talking up his support for coal during his speech in Cedar Rapids on Wednesday night when he said: “I don’t want to […]

June 23, 2017 Read More →

IEEFA Op-Ed: Blind Faith in Fossil-Fuel Industries Will Strand Economies, Communities, Workers

Markets Continue to Outpace Retro Government Policies

What’s missing from Donald Trump’s economically ludicrous promise to revive failed Rust Belt industries in the U.S. is an honest discussion of the economic and technological transition that is rapidly unfolding. New industries are growing that have already created many millions of jobs around the world and that will provide clean energy to power the 21st […]

June 22, 2017 Read More →

Regulators Acknowledge Failure of $7.5 Billion Kemper ‘Clean Coal’ Experiment

Bloomberg News: A first-of-its-kind “clean coal” power plant that utility owner Southern Co. spent years constructing in Mississippi may end up burning no coal at all — and instead just run like a natural gas generator. After years of delays and billions of dollars in cost overruns, Mississippi regulators on Wednesday called on Southern to […]

June 22, 2017 Read More →

School Funding Crisis in Wyoming as Coal Industry Struggles

Wyoming Public Media: A funding crisis brought on by a downturn in the coal industry has left policy makers struggling to figure out how to fund education. This year school districts took a hit of $34 million to their operating budgets. That’s primarily money for teachers and staff, as well as materials and supplies. But […]

June 22, 2017 Read More →

In Reversal, Legislators Move to Lift Barrier to Wind Development in Ohio

Cleveland Plain Dealer: The wind turbine industry’s efforts to regain expansion in Ohio got a boost Tuesday with the inclusion of new rules governing how close a turbine can be to adjacent properties. The new turbine setback rules would replace restrictive language that appeared anonymously in the 2014 budget bill, nearly tripling the distance a […]

June 22, 2017 Read More →