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Press Release and Karl Cates
Tri-State currently plans using coal through 2050 and expanding into gas; projected rate increases of 55% by 2050
Nov. 17, 2020 (IEEFA) — One of the biggest power suppliers to rural electric co-ops in the U.S. is putting its business model at risk as members clamor for better access to renewable energy, more affordable rates, and more say in how they buy or produce power, concludes a report released today by the Institute […]
IEEFA
Greentech Media: In one of the U.S. renewable energy market’s biggest deals in a challenging year, Masdar is set to acquire a 50 percent stake in a 1.6-gigawatt portfolio of advanced wind, solar and energy storage projects from EDF Renewables North America. The deal, expected to close later this year, represents a new front in […]
IEEFA
Energy News Network: A utility-scale solar developer is acquiring land rights near U.S. coal-fired power plants, hoping the facilities will close sooner than expected and open up lucrative transmission connections. Photosol US, a subsidiary of a French company, has purchased options near plants in Nebraska and Kansas, as well as the San Juan Generating Station […]
Karl Cates
Solar and wind continue to attract investors as fossil fuel assets fall
Amid the global economic crisis, utility-scale wind and solar continue to be seen not just as a long-term investment but one for the near term as well. Writing from Australia this week, my colleague Bruce Robertson notes that two big energy companies—Origin and Santos—are pulling back on oil and gas capital spending but forging ahead on […]
IEEFA
Omaha World-Herald: The Keystone XL pipeline has faced bureaucratic hurdles, court challenges and the determined opposition of environmental groups. But the biggest challenge to the project at this point could come from basic economics. Weak oil demand and cheap alternative sources mean pipeline developer TC Energy should consider putting construction plans on pause — perhaps […]
IEEFA
S&P Global Market Intelligence ($): Senior management with the Omaha Public Power District in Nebraska recommended that the utility build between 400 MW and 600 MW of utility-grade solar — a capacity addition that would exponentially increase the state’s solar capacity — with natural gas for backup generation. Solar capacity additions of that magnitude likely […]
IEEFA
Lincoln Journal Star: The Lincoln City Council on Monday paved the way for a solar farm east of Lincoln that would be the largest in the state. Council members voted 6-0 to grant a special permit to Ranger Power, a New York-based company that wants to build a 230-megawatt solar farm on roughly 1,100 acres […]
IEEFA
Clean Technica: Lincoln Clean Energy is the developer behind the newly approved Plum Creek wind farm, located in Wayne County, Nebraska. If Lincoln doesn’t ring a bell, it will soon. The company has a footprint in the leading wind state of Texas and it is also represented in South Dakota, another state poised to dominate […]
IEEFA
Lincoln Journal Star: A solar power project being proposed east of Lincoln would be more than five times larger than all solar installations operating in the state combined. Ranger Power wants to build a 230-megawatt solar farm on more than 1,000 acres of land generally east of 134th Street between O Street and Havelock Avenue. […]
Seth Feaster
Companies in turmoil; workers and communities are paying the price; power plants face supply disruptions
The way America generates its electricity has been shifting away from coal for a decade, as the falling cost of wind, solar and gas have taken market share at an accelerating rate. The way the coal mining industry is structured, however, has changed very little, even as domestic consumption fell by more than 400 million […]
IEEFA U.S.: Colorado electric wholesaler is alienating cost-conscious co-ops with its fossil commitments
Tri-State currently plans using coal through 2050 and expanding into gas; projected rate increases of 55% by 2050Nov. 17, 2020 (IEEFA) — One of the biggest power suppliers to rural electric co-ops in the U.S. is putting its business model at risk as members clamor for better access to renewable energy, more affordable rates, and more say in how they buy or produce power, concludes a report released today by the Institute […]