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Associated Press: Oregon’s clean energy bill, which sets one of the most ambitious timelines in the country for moving to 100% clean electricity sources, was signed by Gov. Kate Brown on Tuesday. The legislation lays out a timetable for the state’s two major power companies — Portland General Electric and Pacific Power — to reduce […]
IEEFA
E&E News ($): U.S. exports of liquefied natural gas are surging under President Biden, eclipsing prior records and poised to climb higher still. Even as the administration pledges to tackle climate change in part by distancing the United States from fossil fuels, the country’s LNG exports expanded to a new high this March, according to […]
IEEFA
S&P Global Market Intelligence ($): In its largest renewable energy shopping spree ever, PacifiCorp has shortlisted nearly 4,000 MW of new wind, solar and battery storage resources across its multistate service territory in the western United States to come online by the end of 2024. The utility subsidiary of Warren Buffett’s Berkshire Hathaway Energy is […]
IEEFA
Canary Media: The United States has already lost the solar power manufacturing race to China. Now the Biden administration wants to make sure that it doesn’t lose the lithium-ion battery race. That’s the focus of a new set of policies announced by the Department of Energy on Tuesday, aimed at regaining market share from China, […]
IEEFA
S&P Global Market Intelligence ($): Several current and former policymakers expressed skepticism that hydrogen and renewable natural gas are mature enough to play a major role in their states’ transition from natural gas. “I know that there’s a lot of talk about fuels of the future like RNG and hydrogen,” former New York State Public […]
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Reuters ($): This week’s decision by Australia’s Woodside Petroleum Ltd (WPL.AX) to pull out of a big Canadian liquefied natural gas (LNG) project was the latest blow to a sector that has been heralded for its growth prospects worldwide. Demand for super-cooled LNG has surged in recent years as large energy-consuming nations like China and […]
IEEFA
S&P Global Market Intelligence ($): A day after Montana Gov. Greg Gianforte signed into law two bills seeking to extend the life of the Colstrip power plant, one of the last remaining coal-fired generating stations in the Northwest, four of the facility’s owners opposed to the legislation fired back with a lawsuit against two owners […]
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S&P Global Platts ($): Canada’s Pembina has told a US appeals court it is pausing development of its proposed Jordan Cove LNG export terminal in Oregon and affiliated Pacific Connector feedgas pipeline to assess the impact of recent regulatory decisions that could threaten the future of the project. The April 22 court filing came in […]
David Schlissel
NorthWestern could charge customers for fictional investments at Colstrip rather than actual costs
April 15, 2021 (IEEFA)—A measure being considered in the Montana Legislature (Senate Bill 379) would grossly and unfairly enrich NorthWestern Energy with the creation of an effective tax on the company’s customers for 20 years or longer—a tax that would be based on a fictional company investment of almost $700 million. Traditionally, consumers pay for […]
IEEFA
The Oregonian: Federal energy regulators on Tuesday upheld the state of Oregon’s decision to deny a water quality certification for the proposed Jordan Cove liquefied natural gas export terminal in Coos Bay and its feeder pipeline, the Pacific Connector, another sign that the massive energy project may be on its last legs. Oregon’s Department of […]
IEEFA U.S.: As oil and gas wane, Texas wind industry ascends
Case study Nolan County: Strengthening jobs, economic development, tax baseAugust 10, 2020 (IEEFA) — The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—As Oil and Gas Wane, Texas […]