News

Vistra CEO: Coal Is ‘On Its Way Out’

CNBC: Coal is becoming a less competitive energy source with cheaper options like natural gas and other renewables on the market, Vistra Energy CEO Curtis Morgan told CNBC on Monday. “I don’t believe [coal] is going to have a renaissance,” Morgan said in an exclusive “Mad Money” interview. “I think it’s on its way out. As much […]

April 17, 2018 Read More →

BP Commits to Zero Net Emissions Growth

Houston Chronicle: BP said Monday that it will hold greenhouse gas emissions from its operations at or below its 2015 levels in the years ahead as the world’s biggest oil companies prepare for a lower carbon future that could threaten their businesses. The British oil major released an “Advancing the Energy Transition” report that detailed […]

April 17, 2018 Read More →

China Moves to Slow Coal Imports

Reuters: The price of seaborne thermal coal in Asia may come under pressure as China moves to impose some import restrictions on imports of the polluting fuel. Several ports in southern and eastern China have introduced controls on coal imports, ranging from bans on unloadings to tightening customs clearances. Among ports banning imports is the […]

April 17, 2018 Read More →

Global Solar PV Market to Top 100 GW in 2018

Greentech Media: The global solar PV market will add over 100 gigawatts of capacity for the first time in 2018. According to the latest Global Solar Demand Monitor from GTM Research, installations will reach 104 gigawatts this year, representing 6 percent annual growth. After that, annual installations will easily exceed the 100 gigawatt milestone through at least […]

April 17, 2018 Read More →

Floating Offshore Wind Project Planned in California

S&P Global Market Intelligence ($): Off the rugged coast of Northern California’s Humboldt County, renewable energy developers are hoping to construct a utility-scale floating offshore wind farm, part of a broader effort to scale up the technology and turn floating wind into a global clean energy supplier. EDP Renováveis’ North American offshore wind unit formed […]

April 17, 2018 Read More →

Corporate Buyers Go Big in First-Quarter Renewables Contracts

GreenBiz: Large companies announced deals for at least 1,731 megawatts of capacity in renewable power during the first quarter of this year, in a sign of continued strong corporate demand for clean energy. The amount of clean energy that businesses contracted for during the first three months of 2018 was more than half the amount […]

April 16, 2018 Read More →

Portugal Posts Renewable-Generation Records for Month of March

Clean Technica: According to new numbers published earlier this month, Portugal’s renewable energy production in March exceeded the country’s electricity consumption for the month, a record not seen in forty years. Earlier this month the Portuguese Renewable Energy Association, APREN, alongside ZERO, Portugal’s Sustainable Earth System Association, highlighted data from Redes Energéticas Nacionais (REN), the country’s […]

April 16, 2018 Read More →

Bipartisan Resistance Among Governors and Members of Congress to Zinke, Trump Drilling Plans

PRI: After the Trump administration announced plans to expand offshore oil and gas drilling to nearly the entire U.S. coastline, Interior Secretary Ryan Zinke quickly followed up with another announcement exempting Florida from the new plans. Now, a growing number of Republican and Democratic governors and legislators from coastal states are demanding the same exemption. […]

April 16, 2018 Read More →

Researchers Target 50-MW Wind Turbine Design

Greentech Media: A team of researchers is working to complete the design for a novel 50 megawatt offshore wind turbine, nearly six times more powerful than a record-setting 8.8 megawatt turbine recently deployed off the coast of Scotland. Testing will begin on prototype blades this summer in Colorado. The massive turbine marks an about-face from conventional wind […]

April 16, 2018 Read More →

Power Producer Group Opposes FirstEnergy Bailout

Washington Examiner: Power plant owners are urging President Trump to reject a plea by an Ohio power provider to save its fleet of coal and nuclear plants that are slated to shut down in the next three years, saying it would be legally wrong and jeopardize his America First agenda. The Electric Power Supply Association, […]

April 16, 2018 Read More →