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S&P Global Market Intelligence ($): By extending its energy storage offering to all 19 states in which it operates, U.S. residential solar supplier Sunrun Inc. is positioning itself for “a market where in two, three years, every solar system has a battery,” CEO Lynn Jurich said. The company on Nov. 5 announced it would begin […]
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Renewables Now: Power and water utility Santee Cooper and Central Electric Power Cooperative Inc, a wholesale electric services provider, have initiated a bidding process with the goal of procuring up to 500 MW of new solar capacity that is to be installed across the U.S. state of South Carolina. The partners are seeking to award […]
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Asheville Citizen Times: After 56 years of burning coal at its Lake Julian power plant, Duke Energy has officially shut down the coal operation. “At 4 p.m. on Jan. 29, 2020, Duke Energy achieved a significant milestone and officially shut down the 344-megawatt Asheville coal plant in Arden, North Carolina,” Duke Energy spokeswoman Heather Danenhower […]
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S&P Global Market Intelligence ($): The Southeast U.S. could see about 110 GW of solar capacity additions from 2020 through 2029, even as federal tax subsidies for solar projects phase out, according to Fitch Solutions Macro Research. And the potential exists for even more solar in the long run, Fitch Solutions analysts wrote in a […]
Seth Feaster
Plants are retiring at a faster rate per month than last year as utilities switch to gas and build renewables
New data from the Energy Information Administration (EIA) indicates that the shift away from coal-fired power generation has accelerated this year in the United States. In August, utilities generated 18 percent less power from coal than in August of last year, marking the sixth month in 2019 with a decline of more than 10 percent. […]
Press Release, Dennis Wamsted and Seth Feaster
Decade-long influx of cheap gas started regional transition; solar expected to finish it
Oct. 1, 2019 (IEEFA U.S.) – Abundant gas supplies have transformed the electricity-generation sector in the traditionally coal-dominated Southeast U.S. Planned new solar construction in the region will add momentum to the energy transition and likely lead to the zeroing out of all coal generation in a number of states in the near future, finds […]
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The Post & Courier: Santee Cooper’s board approved a new business strategy Monday, shifting the state-run utility’s energy forecast away from coal and toward solar power and gas-fired plants. But the board abandoned a proposed cost-saving agreement with The Southern Co. — one of the largest investor-owned utilities in the Southeast — after state officials […]
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The State: Santee Cooper plans to shut down one of its two remaining coal-fired power stations in the next decade and cut about 200 jobs as the state-owned utility moves to eliminate coal as an energy source altogether, company officials said this week. Many workers whose jobs would be cut during the next 10 years […]
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S&P Global Platts: After climbing 15% in 2018, utility-scale solar capacity in the southeastern US is expected to surge another 25% this year, but the geographic concentration of such growth is driven more by policy than by the quality of the sunshine, S&P Global Platts analysis shows. S&P Global Platts Analytics data show the region […]
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AP: There have been more than 200 instances of courts granting pipeline companies immediate possession of land, while at the same time deferring the issue of how much the property owners will be paid for it, said Robert McNamara, an attorney for the Institute for Justice, a libertarian public interest law firm based in Arlington […]
IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry
Decade-long influx of cheap gas started regional transition; solar expected to finish itOct. 1, 2019 (IEEFA U.S.) – Abundant gas supplies have transformed the electricity-generation sector in the traditionally coal-dominated Southeast U.S. Planned new solar construction in the region will add momentum to the energy transition and likely lead to the zeroing out of all coal generation in a number of states in the near future, finds […]