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IEEFA
S&P Global Platts ($): After delays, the US Department of Energy has launched its first step towards creating a national database of hydrogen projects designed to help hydrogen companies attract federal dollars from within the infrastructure bill. Originally announced in December, the H2 Matchmaker was designed by the DOE’s Hydrogen and Fuel Cell Technology Office […]
IEEFA
S&P Capital IQ ($): Duke Energy Carolinas LLC has notified regulators that on Dec. 31 it will retire two units consisting of 434 MW of capacity at its 860-MW G.G. Allen coal-fired plant in North Carolina. The Duke Energy Corp. subsidiary on Dec. 3 filed notices of the revised retirement dates for units 2 and […]
IEEFA
Associated Press: Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down. It’s the expense of stricter pollution controls on their wastewater. Dozens of plants nationwide plan to stop burning coal this decade to comply with more stringent federal wastewater guidelines, according to state regulatory filings, as the industry continues moving away […]
IEEFA
S&P Capital IQ ($): Duke Energy Indiana LLC revealed details of its upcoming 2021 integrated resource plan in a stakeholder presentation Nov. 16 already drawing criticism from environmental advocates. The new details include the Duke Energy Corp. subsidiary’s preferred portfolio scenario, ahead of the utility filing its integrated resource plan with the Indiana Utility Regulatory […]
IEEFA
The New York Times: The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government to produce electricity from offshore turbines. Speaking at a wind power industry conference in Boston, Interior Secretary Deb Haaland said that her […]
IEEFA
Utility Dive: Duke Energy is eyeing an early retirement of its coal-fired plants by the end of the decade, according to the revised integrated resource plans (IRP) filed with South Carolina regulators Friday for its subsidiaries, Duke Energy Progress and Duke Energy Carolinas. Duke’s revised IRPs also call for adding 3,000 MW of solar energy […]
IEEFA
Utility Dive: Dominion Energy is preparing to file its largest clean energy submission to date as part of Virginia’s triennial review process, totaling $1.5 billion in investment, CEO Robert Blue said on the utility’s second quarter earnings call Friday. The filing, due later this month, will include up to 1,100 MW of solar, either owned […]
Dennis Wamsted and Seth Feaster
Consumers Energy, TVA among utilities planning full exits from coal
There is an inverse S-curve developing in the U.S. coal generation sector, with announced plant retirements expanding rapidly as utilities and independent power producers adjust to the influx of cleaner and cheaper wind, solar and battery storage resources disrupting the electric system. IEEFA data shows that just since March, the generating capacity of coal plants […]
Dennis Wamsted
Regulators in North Carolina should follow suit, require changes to Duke Energy’s inadequate IRP
July 8, 2021 (IEEFA) ⎼ South Carolina regulators last month rejected Duke Energy’s integrated resource plan (IRP), directing the utility to resubmit its proposal after incorporating nearly a dozen significant changes and new analyses. Many of these changes had been proposed by a broad group of participants in the IRP process and were recommended in […]
IEEFA
Utility Dive: South Carolina’s PSC issued its order accepting Dominion’s modified 2020 IRP on June 18. That was a reversal from its December vote, when the commission faulted Dominion’s IRP for failing to include any renewable energy additions before 2026, and for not including a demand-side management resource option as well. The commission, in its […]
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 […]