Xcel proposes major transmission project in Colorado to boost renewable...
The Colorado Sun: Xcel Energy on Tuesday filed a plan with state electricity regulators for a $1.7 billion project to build 560 miles of transmission lines encircling eastern Colorado designed to bring...
View ArticleEntergy’s Louisiana utility seeking bids for 500MW of solar capacity
S&P Global Market Intelligence ($): Entergy Services LLC on March 5 launched a request for proposals seeking up to 500 MW of solar photovoltaic resources on behalf of Entergy Louisiana LLC. The...
View ArticleTesla subsidiary building 100MW battery storage project in Texas
Bloomberg: Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The...
View ArticleRenewables, nuclear on track to supply 46% of U.S. electricity by 2030—S&P
S&P Global Market Intelligence ($): The significant downward trend in coal-fired generation seen across the U.S. since 2010 continues in S&P Global Market Intelligence’s fourth-quarter 2020...
View ArticleCommercial operation begins at 250MW Blooming Grove wind farm in Illinois
ReNews.biz: Invenergy’s 250MW Blooming Grove Wind Energy Center, in Illinois, has commenced commercial operations. Output from Blooming Grove, in McLean County, will supply electricity to Verizon and...
View ArticleEnergyAustralia to close Yallourn coal plant in 2028 as country’s renewable...
Bloomberg: EnergyAustralia will accelerate the closure of a 100-year-old coal-fired plant and install a giant storage battery to achieve a faster transition to clean power that’s leaving aging fossil...
View ArticleWashington utility moves forward with 5MW green hydrogen demonstration project
S&P Global Market Intelligence ($): Heralded as one of the largest green hydrogen projects in the U.S., Douglas County PUD No. 1 on March 8 broke ground on a 5-MW hydrogen generation and storage...
View ArticleJudge okays Entergy plan to close two large coal plants in Arkansas
Talk Business & Politics: A federal judge approved Thursday (March 11) a settlement agreement for Little Rock-based utility Entergy Arkansas to retire two coal-fired plants and a natural gas plant...
View ArticleArizona utility to cut output at Four Corners coal plant
Arizona Republic: The coal-fired Four Corners Power Plant near Farmington, New Mexico, will provide less power to Arizona under a new operating plan, Arizona Public Service Co. said Friday. APS owns...
View ArticleWood Mackenzie: U.S. will install 324GW of solar capacity in coming 10 years
Reuters: Solar installations in the United States are expected to quadruple by 2030 thanks to the extension of a key industry subsidy late last year and booming demand for carbon-free power, an...
View ArticleCommercial operation begins at Duke unit’s 350MW Frontier wind farm in Oklahoma
ReNews.biz: Duke Energy Renewables has begun commercial operation of the largest wind farm in its fleet, the 350MW Frontier 2 project in Oklahoma. The wind farm, in Kay County, is an expansion of the...
View ArticleWisconsin utilities planning second large solar-plus-storage project
Lake Geneva Regional News: Three of Wisconsin’s largest utilities plan to spend $446 million on a second large-scale solar farm with battery storage. Madison Gas and Electric and the WEC Energy Group...
View ArticleNextEra proposes 690MW solar farm at closed Iowa nuclear plant
The Gazette: For more than four decades, the name of former Cedar Rapids utility executive Duane Arnold has been synonymous with nuclear power in Iowa. Now it could have a new connotation: a massive...
View ArticleMississippi solar-plus-storage project to supply Facebook data centers in...
Associated Press: A company will develop a solar farm in Mississippi to provide power for two Facebook data centers in the southeastern United States. Florida-based Origis Energy will own and operate a...
View ArticleIndiana utility signs deals for 404MW of wind, solar as part of coal phaseout...
Northwest Indiana Times: NIPSCO and the North American subsidiary of the Spanish firm EDP Renewables announced Tuesday a power purchase agreement and a build-and-transfer agreement for two renewable...
View ArticleNevada regulators okay major transmission expansion to move 5GW of renewable...
S&P Global Market Intelligence ($): The Public Utilities Commission of Nevada has approved the first phase of NV Energy Inc.’s proposed plan to build nearly 600 miles of transmission lines intended...
View ArticleInvenergy secures financing to build 999MW wind farm for American Electric Power
Power Technology: Renewable energy developer Invenergy has secured construction financing for its 999MW Traverse Wind Energy Center in Oklahoma, US. Traverse Wind Energy Center is the largest of three...
View ArticleStudy finds Los Angeles can have 98% clean, reliable electricity generation...
Los Angeles Times: Los Angeles is one of the last places in California still burning coal for electricity — and if all goes according to plan, it could become one of the country’s first major cities to...
View ArticleAustralia’s AGL to split coal plants from retail unit in transition-driven...
Renew Economy: Nearly a decade after AGL changed the colour coding of its business strategy from green to black as it bought three of the country’s biggest coal generators, Australia’s largest emitter...
View ArticleWisconsin utility continues coal to solar transition of its generation portfolio
Wisconsin Public Radio: Madison-based Alliant Energy is set to become the largest owner and operator of solar power in Wisconsin under plans unveiled Wednesday. The utility is making good on its goal...
View ArticleWind generation sets record in U.S.’ Southwest Power Pool
S&P Global Market Intelligence ($): The Southwest Power Pool set four renewable energy records on March 29, including a wind penetration level surpassing 80% for the first time in the grid...
View ArticleVirginia water review likely to further delay completion of Mountain Valley...
S&P Global Market Intelligence ($): Virginia regulators have said they will need at least until December 2021 to complete a water quality review for Mountain Valley Pipeline LLC, further pressuring...
View ArticleCalifornia aiming to install 1,700MW of new battery storage by summer
Bloomberg: With summer’s heat approaching, California’s plan for avoiding a repeat of last year’s blackouts hinges on a humble savior – the battery. Giant versions of the same technology that powers...
View ArticleXcel proposes 85% cut in carbon dioxide emissions at its Colorado utility by...
S&P Global Market Intelligence ($): Aiming to slash carbon-dioxide emissions 85% by 2030 from 2005 levels, Xcel Energy Inc. on March 31 pitched Colorado energy regulators a sweeping clean energy...
View ArticleJ-Power to convert Virginia coal plant to solar-plus-storage facility
S&P Global Market Intelligence ($): Tokyo-headquartered Electric Power Development Co. Ltd., through its J-POWER USA Development Co. Ltd. unit, and funds managed by affiliates of Fortress...
View ArticleCalifornia system operator issues call for 10,000MW of new capacity by 2026
S&P Global Market Intelligence ($): To keep California reliably powered amid its clean energy transition, the California ISO, the state’s primary transmission grid operator, is calling for at least...
View ArticleVistra to close Joppa coal plant in Illinois in 2022, three years ahead of...
S&P Global Market Intelligence ($): Vistra Corp. and its subsidiary Electric Energy Inc. announced a decision April 6 to move up retirement of the 1,002-MW Joppa power plant in Illinois to occur by...
View ArticleBlackRock raises $4.8 billion for new renewable energy investment fund
Bloomberg: BlackRock Inc. has raised $4.8 billion for a new fund to invest in renewable power assets around the world – almost double its initial target. The company’s real assets division closed on...
View ArticleXcel proposes 460MW, $575 million solar project in Minnesota
Minneapolis Star Tribune: Xcel Energy has unveiled plans for the largest solar-energy plant in Minnesota by far, a $575 million project in Becker adjacent to the company’s Sherco coal-power complex....
View ArticleIndiana utility Nipsco continues transition from coal with 200MW solar project
ReNews.biz: Capital Dynamics and Northern Indiana Public Service Company (NIPSCo), part of NiSource, have signed an agreement to bring 200MW of solar energy to the US state. The build-transfer...
View ArticleJ-Power cancels plans for 1.2GW coal-fired power plant in western Japan
Reuters: Japan’s Electric Power Development (J-Power) said on Friday it had scraped a plan to build a 1.2 gigawatt (GW) coal-fired power plant in Yamaguchi, western Japan, after a comprehensive...
View ArticleMississippi Power to close last coal plant, three gas-fired facilities by 2027
E&E News ($): Southern Co.’s Mississippi Power subsidiary will close the last of its coal-fired power plants, as well as aging, inefficient natural gas ones, as part of its first-ever comprehensive...
View ArticleGroup of U.S. utilities backs proposal to cut carbon emissions by 80% by 2030
Reuters: A group of U.S. electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to reach a near-term...
View ArticleCalifornia utility building three battery storage projects, two hydrogen...
S&P Global Market Intelligence ($): San Diego Gas & Electric Co. on April 19 announced plans to break ground on an energy storage project and build two hydrogen projects as part of its plan to...
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IEEFA Update: Gas is exiting the global energy mix, providing lessons for...
An IEEFA paper published earlier this year has proved to be eerily correct with forecasts of doubling or even tripling of the U.S. Henry Hub price and higher and extremely volatile global gas prices....
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IEEFA: Innovative financing can help India achieve its renewable energy goals
29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from...
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IEEFA India: Renewable energy sector could attract a flood of global capital...
India is the world’s fourth largest energy consumer and among the fastest growing large economies. With strong economic growth and electricity demand, the country will need additional sources of energy...
View ArticleIEEFA Update: India’s coal crisis produced twin glaring conclusions – coal is...
A key takeaway from India’s coal crisis is the urgent need for the country to accelerate its transition to a secure, reliable and low-emissions electricity system. India faced huge coal shortages from...
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IEEFA Update: A national EV policy and other steps towards electrifying...
Amid global coal and gas price volatility, electrifying Australia via rooftop solar is the clear winner in the race to lowest cost energy. Critics who claimed economies of scale were lacking when...
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IEEFA: Australian government emissions projections show 44% of coal capacity...
9 December (IEEFA Australia): The Australian Government’s Emissions Projections show that 5 gigawatts (GW) of coal-fired generation capacity will close earlier than indicated by the current official...
View ArticleIEEFA India: Infrastructure investment trusts unlock value in renewable...
Infrastructure investment trusts (InvITs) are making inroads into Indian financial markets as an instrument for power sector infrastructure owners to monetise assets and for investors to gain exposure...
View ArticleIEEFA Australia: AEMC fails to prioritise governance of distributed energy...
In July 2020, the Energy Security Board (ESB) issued a consultation paper proposing that technical standards for Distributed Energy Resources (DER) – rooftop solar, electric vehicles, smart appliances...
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IEEFA/JMK: Electric vehicle surge in India will drive indigenous lithium-ion...
India is poised to become the third largest global automotive market by 2026 and is targeting 30% of new vehicle sales to be electric by 2030, putting the country on the path to becoming an automotive...
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IEEFA Australia: Eraring’s 2025 exit and Mike Cannon-Brookes/ Brookfield...
Two recent announcements could lower electricity prices and speed up the switch from coal and gas generation to renewables. Origin Energy announced it would close Eraring coal-fired power station in...
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IEEFA: Climate change takes investors beyond the balance sheet to ESG
Stakeholders now look beyond corporate balance sheets – to environmental, social and governance (ESG) parameters – to ascertain a company’s true worth. The existential threat of climate change,...
View ArticleIEEFA: Fuel price crisis should accelerate India’s energy transition
The world economy was still recovering from the COVID-19 pandemic when Russia’s invasion of Ukraine pushed up global oil and gas prices and the cost of food. The war has created not only a humanitarian...
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IEEFA: Declining efficiencies of coal plants jeopardise India’s COP26...
Thanks to renewables, India is making rapid strides in its energy transition and is not adding any new coal power assets. Yet, there is no policy thrust on enhancing the performance of existing coal...
View ArticleIEEFA India: In Tata Power’s BlackRock deal, multiple growth triggers remain
Net-zero pledges and the widespread installation of renewable energy as the dominant source of power should be the central theme in energy markets globally. India is alert to this, embarking on an...
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IEEFA: The energy transition in India – upwards and onwards
It seems that the energy transition in India has just turned a corner. After a tough three years filled with policy headwinds, policy obscurity, and the COVID-19 pandemic choking growth in the capacity...
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IEEFA: India’s power shortage crisis is an opportunity to spur the clean...
Continuing high temperatures in India are creating massive demand for electricity, which distribution companies struggle to meet. The power shortage crisis has revealed that the cost of coal-based...
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