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    Chinese overseas coal development IEEFA: China is supporting over 50% of coal power development in largest remaining project pipelinesA review of coal power proposals in countries with large remaining project pipelines indicates that 56% of the total capacity of these proposals is being supported by China. Historically just one of the major providers of finance to overseas coal power projects, China has more recently looked increasingly isolated as other nations and financial institutions continue ...
    Local Leadership Global Change video: the Navajo Nation and Hopi Tribe IEEFA: Navajo Nation, Hopi tribe advocates push for fair energy transition outcome in ArizonaAs the energy transition gains momentum around the globe, the IEEFA documentary, “Local Leadership, Global Change: Navajo Nation & Hopi Tribe” focuses on how indigenous-led organizations are raising awareness of the need to shift away from a fossil fuel-based economy. The documentary centers on the Navajo and Hopi tribal members living on reservation lands in northern ...
    IEEFA PRB Contura map IEEFA: Wyoming’s tough lesson: economic reality can’t be legislated awayWyoming 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 state ...
    Mercedes-Benz latest carmaker to announce transition to all-electricThe Hill: Mercedes-Benz on Thursday became the latest car manufacturer to unveil plans for a greater investment in electric vehicles, saying that it hopes to transition to solely manufacturing electric vehicles by 2025.  The German-based company said in a press release that by the end of the decade, it hopes to “go all electric” in its car ...
    FirstEnergy to pay $230M fine for nuclear bailout bribery schemeWall Street Journal ($): 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 stronger compliance ...
    Arizona Navajo Community Transition map IEEFA U.S.: Arizona should move quickly to approve precedent-setting proposal for coal community transitionA coal community transition funding proposal pending before the Arizona Corporation Commission would provide much-needed financial support for the Navajo Nation, Hopi Tribe and other communities affected by the shift from coal to cleaner generation sources. The commission, which regulates electric utilities, should move quickly to approve it, especially given that two years already have ...
    Avangrid-NextEra squabble threatens Massachusetts climate goalsMassLive: The dispute is over a 145-mile transmission line, which would cost nearly $1 billion and is being financed by Massachusetts electric ratepayers, which would eventually bring hydropower from Canada to Massachusetts. The two energy companies, NextEra Energy and Avangrid rival complaints are risking the state’s ability to comply with its new climate law signed by Gov ...
    Solar deployment likely to top 1-terawatt mark next year, 2TW by 2026S&P Global Market Intelligence ($): Global solar installations could break the 1-terawatt mark in 2022, industry group SolarPower Europe said in its "Global Market Outlook" on July 21, despite rising raw-material costs that could create headwinds for the renewable energy industry. Capacity stood at 773.2 GW at the end of 2020 with the addition of 138.2 GW ...
    IEEFA: Understanding India’s latest peak power demand recordAt around noon on 7 July 2021, India’s instantaneous power demand touched a historic high of 200 gigawatts (GW), beating the previous all-time high of 197GW which had been reached only the day before. These two consecutive days of record-breaking peak demand marked a sharp increase from the high of 190GW in financial year (FY) ...
    German energy demand possible through renewables alone in next 10-15 yearsRenew 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. Onshore wind power ...