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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
Wall Street Journal ($): The only nuclear-power plant under construction in the U.S. is facing delays and additional costs. Again. Earlier this week, an engineering expert working for the Georgia Public Service Commission testified that the startup of the Alvin W. Vogtle Electric Generating Plant would likely be delayed until the summer of 2022 and […]
IEEFA
Wall Street Journal ($): Vistra Corp. owns 36 natural-gas power plants, one of America’s largest fleets. It doesn’t plan to buy or build any more. Instead, Vistra intends to invest more than $1 billion in solar farms and battery storage units in Texas and California as it tries to transform its business to survive in […]
Dennis Wamsted
How Duke Energy's Carolina IRPs over-rely on gas while overlooking renewable energy options
Don’t miss IEEFA’s webinar on Duke Energy’s Carolina integrated resource plans (IRPs) and how the company over-relies on gas-fired generation while underrating renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and […]
Press Release and Dennis Wamsted
Lessons may apply to other parts of the U.S. planning new gas investments and sidestepping renewables
Discover how Duke Energy’s Carolina integrated resource plans (IRPs) over-rely on gas-fired generation while largely ignoring renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and discuss alternatives. Drawing on an in-depth […]
Press Release and Dennis Wamsted
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storage
April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]
IEEFA
PV Tech: Danish renewables developer European Energy is expanding its operations into the US market, announcing plans for a 300MW solar project in Texas. The company is buying 1,276 acres of land southwest of Dallas that was previously used for oil and gas extraction. Construction of the plant will begin in the first half of […]
Dennis Wamsted
Duke Energy releases electricity sales figures for North Carolina in 2020, down 5%
Duke Energy reported this month that total retail sales at its two North Carolina utilities dropped to 117,970 gigawatt-hours (GWh) in 2020, down 6,114GWh from the year before—undercutting the entire growth analysis in the companies’ pending integrated resource plans (IRPs). The starting point for those plans was roughly 124,000GWh, with projections of 1% annual growth. […]
IEEFA
The Post and Courier: Dominion Energy South Carolina now says it can retire coal-fired power generation by 2030, a significant reversal from plans released by the utility just last year. Dominion’s new 15-year plan said shuttering two coal plants and converting a third to natural gas is the best option by multiple measures. Natural gas […]
Press Release and Dennis Wamsted
Utility claims natural gas is cheaper than battery storage
February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). In their latest integrated resource plans (IRPs), Duke Energy Progress and Duke Energy Carolinas […]
IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storageApril 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]