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S&P Capital IQ ($): Intersect Power LLC can move ahead with its 500-MW Oberon Solar Project on federal land in Riverside County, Calif., after the Biden administration greenlighted the company’s right-of-way application. The project, located on roughly 2,700 acres managed by the U.S. Department of the Interior’s Bureau of Land Management, or BLM, includes a […]
IEEFA
ReNews.biz: RWE has completed turbine commissioning at the 860MW Triton Knoll offshore wind farm in the UK North Sea. The project is located 33 kilometres off the coast of Lincolnshire and once fully operational it will be one of the world’s largest offshore wind farms, generating sufficient electricity to meet the needs of around 800,000 […]
IEEFA
Reuters: India’s Reliance Industries (RELI.NS) said it would invest 5.95 trillion rupees ($80.49 billion) to set up green energy projects and bolster its retail and telecom arms in the western state of Gujarat, as it targets net-zero carbon emissions by 2035. Owned by billionaire Mukesh Ambani, the conglomerate has in the past year unveiled plans […]
Vibhuti Garg
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic coal production after mines flooded during the monsoons. That had more to do with developers not maintaining enough coal stockpiles than a decline in domestic coal production. Some of this shortfall in domestic supply from August to October 2021 was met through […]
IEEFA
KGOU: The nation’s largest wind energy project located in western Oklahoma is nearing completion. The 999-Megawatt Traverse Wind Energy Center is expected to commence operation sometime in April. Sustainable energy company Invenergy secured financing for the project in March of last year — now it’s getting ready to flip the switch. The Traverse project is […]
Dennis Wamsted and Seth Feaster
EIA data confirm long-term decline of fuel’s generation, market share
Preliminary 2021 data from the Energy Information Administration confirm what IEEFA said throughout the year: The long-term-trend in U.S. utility generation continues to move away from fossil fuels, particularly coal, and toward greater renewable energy use. Last year’s coal narrative used the historically low generation totals from 2020 to tout a supposed boom in demand. […]
IEEFA
Reuters: Exxon Mobil (XOM.N) on Tuesday launched the sale of shale gas properties stretching across 27,000 acres in the Appalachian basin of Ohio, the company confirmed, part of an ongoing divestiture of U.S. assets. The top U.S. oil producer is marketing 61 wells that last year produced around 81 million cubic feet per day equivalent […]
IEEFA
Associated Press: The Environmental Protection Agency is taking its first major action to address toxic wastewater from coal-burning power plants, ordering utilities to stop dumping waste into unlined storage ponds and speed up plans to close leaking or otherwise dangerous coal ash sites. Plants in four states will have to close the coal ash ponds […]
IEEFA
Renewables Now: A geothermal power plant in Indonesia that absorbed an investment of more than USD 700 million (EUR 618m) has achieved its commercial operation date on December 26, 2021, it was announced on Friday. The Phase-1 Rantau Dedap Geothermal Power Generation project, with a capacity of 91.2 MW, was developed by PT Supreme Energy […]
IEEFA
The Guardian: Queensland’s huge untapped Galilee coal basin was touted as a jobs and revenue bonanza by its supporters, with the potential to liberate hundreds of millions of tonnes of harmful greenhouse gases. The Galilee’s potential as a “carbon bomb” was wrapped up in a dozen or more coalmining projects and estimates of billions of […]
IEEFA Update: How Indonesia’s coal export ban could impact India
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic coal production after mines flooded during the monsoons. That had more to do with developers not maintaining enough coal stockpiles than a decline in domestic coal production. Some of this shortfall in domestic supply from August to October 2021 was met through […]