News

On the Blogs: The High Cost of Old Energy Policy

TheHill.com: The economic risks of ignoring the emerging global market for clean energy are real. By abdicating its leadership role on global climate change and backing away from policies that support the Paris Climate Pledge, the Trump administration is — perhaps unwittingly — removing incentives for American companies to compete and innovate at the forefront […]

May 23, 2017 Read More →

Coal-Generation Cancellations in India as Solar Prices Fall

The Independent (London): India has cancelled plans to build nearly 14 gigawatts of coal-fired power stations – about the same as the total amount in the UK – with the price for solar electricity “free falling” to levels once considered impossible. According to his article on the Institute for Energy Economics and Financial Analysis’s website, […]

May 23, 2017 Read More →

Florida Utility Plays Up Solar in Announcing Coal-Plant Closure

Clean Technica: Quick, how many US coal power plants are closing in just the first two years of the Trump Administration? If you randomly guessed more than 40, run right out and buy yourself a cigar. The solar and natural gas trains have left the station, and the utility Florida Power & Light Company is […]

May 23, 2017 Read More →

A Growing Consensus That Peak Oil Demand Is in Sight

Wall Street Journal: The world’s largest oil companies are girding for the biggest shift in energy consumption since the Industrial Revolution: After decades of growth, global demand for oil is poised to peak and fall in the coming years. New technologies that improve fuel efficiency are starting to push down the amount of gasoline and […]

May 22, 2017 Read More →
Warning on Shareholder Blowback Around BP’s and Glencore’s Bullish Assertions

Warning on Shareholder Blowback Around BP’s and Glencore’s Bullish Assertions

Financial Times: BP and Glencore are exposed to investor lawsuits by making “bullish” forecasts about the world’s future hunger for fossil fuels, a prominent environmental law firm has warned. In a sign of the rising financial pressure environmental campaigners are applying to big energy companies, ClientEarth, a London legal firm, has written to BP claiming […]

May 22, 2017 Read More →

Report: The Biggest Investors in Coal?

SNL: A new report from InfluenceMap, a U.K.-based nonprofit that tracks climate and energy policy lobbying, shows the movement to divest from coal assets is still gaining steam. The study notes that while asset managers and owners representing over $5 trillion in value have made some kind of divestment pledge by the end of 2016, […]

May 22, 2017 Read More →

On the Blogs: ‘Lack of Connection to a Centralized Grid Is a Feature of Distributed Technologies, Not a Bug’

Bloomberg View: More than a billion people worldwide live without reliable access to electricity. Providing them with power will require hundreds of billions of dollars of investment, vast deployment of technology, and adaptable business and financial market strategies. Much of the job can be done with power generation systems that are not connected to a […]

May 22, 2017 Read More →
Adani Tries ‘Blackmail’ as It Seeks Public Subsidies for Project in Australia

Adani Tries ‘Blackmail’ as It Seeks Public Subsidies for Project in Australia

Financial Times: A company controlled by Indian billionaire Gautam Adani has deferred a decision to build one of the world’s biggest coal mines in Australia following political wrangling over whether it should be granted financial concessions in the form of a “royalty holiday”. The A$16.5bn ($12.3bn) project has divided the state government over the merits […]

May 22, 2017 Read More →

Market Trends Driving U.S. Electricity-Generation Shift

Utility Dive: Analysts told us this would happen — the traditional electric utility model would be upended, and utilities would need to adjust their business models to operate in a new energy future. Now, with plummeting prices for renewables and energy storage, the finalization of the nation’s first carbon regulations, and the proliferation of distributed […]

May 19, 2017 Read More →

Editorial: $200 Million Georgia Wind Farm a ‘Win-Win’

The Telegraph (Macon): The encroachment issue is a thing of the past now. Property owners have been compensated and last week it was announced that Georgia Power is planning to build a 139-megawatt solar generating facility in the encroachment area, an allowable use of the land. The Georgia Public Service Commission approved the project Tuesday. […]

May 19, 2017 Read More →