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Wall Street Journal ($): Federal prosecutors on Thursday said utility FirstEnergy Corp. had agreed to pay $230 million to resolve charges that it was involved in a bribery scheme to pass a state bailout of nuclear power plants in Ohio. Under a three-year deferred prosecution agreement, FirstEnergy agreed to pay the penalty and develop a […]
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MassLive: The dispute is over a 145-mile transmission line, which would cost nearly $1 billion and is being financed by Massachusetts electric ratepayers, which would eventually bring hydropower from Canada to Massachusetts. The two energy companies, NextEra Energy and Avangrid rival complaints are risking the state’s ability to comply with its new climate law signed […]
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Renew Economy: Germany’s entire energy demand can be met through renewable energies alone within the next ten to fifteen years, according to a new report by the German Institute for Economic Research (DIW Berlin). The prerequisite for this is that German expansion targets for both wind and solar energy are greatly increased, the authors write. […]
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BusinessMirror: SMC Global Power Holdings Corp. will convert a proposed 300-megawatt (MW) coal plant in San Carlos, Negros Occidental to a gas-powered facility. The power arm of conglomerate San Miguel Corp. said it has informed the Department of Energy (DOE) about the plan. The proposed coal plant, it said, would be “changed to LNG” (liquefied […]
Dennis Wamsted
Black Hills integrated resource plan shows futility of state’s pro-coal legislation
Wyoming politicians have worked feverishly over the last couple of years to protect the state’s struggling coal industry, but economic reality can’t be legislated away. That simple fact is readily apparent in the integrated resource plan (IRP) filed last month by Black Hills Corporation, which owns two small investor-owned utilities that do business in the […]
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PV Tech: If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half of generation if deployment increases, according to data by the Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (FERC). Even this, however, would fall short of US President […]
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Bloomberg ($): As the European Union gets serious about fighting climate change, experts are fielding more calls than ever from polluters seeking help to trap, process and store their carbon emissions. The business of capturing emissions from industrial plants that make everything from cement to energy will get a push from the European Commission’s ambitious […]
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Renew Economy: A massive increase in the deployment of wind, solar and battery storage over the next decade is essential if the world is to meet its goal of reaching net zero emissions by 2050 – the key to meeting the goals of the Paris climate target. BloombergNEF says in its latest New Energy Outlook […]
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Wall Street Journal ($): A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron. Form Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive […]
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The Economic Times: India is expected to add 68 gigawatt (GW) of renewable capacity in five years, up marginally from previous year’s estimate of 60 GW, with solar occupying 65 per cent of the share, according to a recent survey. Gujarat, Maharashtra, and Karnataka emerged as the top three states for overall growth prospects of […]
IEEFA: Carbon capture goals miss the mark at Boundary Dam 3 coal plant
Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projectionsApril 20, 2021 (IEEFA) — An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis. SaskPower, the operator of the Boundary Dam 3 coal plant, said March 31 that its […]