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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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IEEFA report: Marubeni’s coal commitments are creating ‘needless reputational...

July 30, 2018 (IEEFA.org) —Japanese multinational Marubeni Corp.’s coal-fired power generation strategy has left the company dangerously exposed to rapid changes in global energy markets, concludes a...

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As U.S. wind capacity passes 90-GW milestone, expectations that surge will...

S&P Global Intelligence ($): The U.S. wind market made healthy gains in the second quarter of 2018, with new research suggesting new wind energy project installations will surge between now and...

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BNEF: Wind, solar and storage will generate 50% of global electricity by 2050

Bloomberg New Energy Finance: Are wind and solar projects just “badly behaved coal plants”? I ask because this perhaps best reflects the argument against the two main renewable energy technologies that...

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Little summer impact on Texas grid after closure of three coal plants

Bloomberg News: Texas’ power grid had all the right elements to create an electricity price surge in mid-July — record usage and temperatures and a supply curtailment from the shutdown of three major...

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Shift to renewables across Enel’s global footprint exceeds projections

S&P Global/Platts: Italy’s largest power company Enel said it expects to beat its own renewable addition targets by 2020, as it pivots its generating model away from coal and grows its renewable...

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Community choice is adding further momentum to California’s transition

Forbes: California is on track to meet its clean-energy goals a decade early thanks in part to communities demanding and delivering renewable energy faster and cheaper than utilities can, according to...

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First U.S. utility scale offshore wind farm will cut Massachusetts customer...

Bloomberg News: Massachusetts electricity users will save about $1.4 billion over 20 years from the first commercial-scale offshore wind farm in the U.S. Avangrid Inc. and Copenhagen Infrastructure...

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Global trillion-watt milestone for renewables seen as ‘the first of many’

Bloomberg News: Global wind and solar developers took 40 years to install their first trillion watts of power generation capacity, and the next trillion may be finished within the next five years....

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EU regulatory shift has electricity-usage behavior changing by 2020

Reuters: Most utilities have long offered cheaper night-time tariffs, but new EU rules expected in 2020 will require them to provide more flexible options that encourage customers to use power during...

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Alliant Energy to eliminate coal generation in Iowa and Michigan, invest $2...

Utility Dive: Alliant Energy on Thursday issued its Corporate Sustainability Report (CSR), revealing a plan to eliminate coal use and cut emissions 80% by 2050. The company will spend more than $2...

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More than 20 California utilities file for expansion into renewables, storage

S&P Global Intelligence ($): The filings with the California Public Utilities Commission include plans for tens of thousands of megawatts of additional renewable energy and energy storage, and...

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Georgia Power seeks bids to double solar output by 2021

AP: Georgia Power is aiming to increase its renewable energy portfolio in the state by adding 100 megawatts of solar power. The utility firm is seeking proposals from solar facilities that are...

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U.S. coal company works behind the scenes to thwart Lake Erie wind-energy...

Cleveland Plain Dealer: Boaters and birders have been upfront about their opposition to the six-turbine Icebreaker Wind project planned for Lake Erie, but a new, powerful voice of resistance has...

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‘Offshore wind ready to take off in the U.S.’

S&P Global Market Intelligence ($): As of the end of 2017, European countries have installed a total of just under 16,000 MW of offshore wind. The United States has installed 30 MW. For a country...

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Wisconsin utility exec: ‘It doesn’t make sense’ to keep coal plants online

WisBusiness.com: “Dan Krueger, senior vice president for WEC Energy Group, says “it doesn’t make sense” to keep running some coal plants as energy production shifts over to natural gas and renewables...

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Zero-cost electricity disrupts traditional power-generation models in U.S.,...

Bloomberg News: Bright and breezy days are becoming a deeper nightmare for utilities struggling to earn a return on traditional power plants. With wind and solar farms sprouting up in more areas — and...

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Global utility company AES sees 12-gigawatt capacity growth by 2022 driven...

S&P Global Market Intelligence ($): AES Corp. executives have laid out an ambitious plan to add nearly 12,000 MW of new capacity to the company’s portfolio by 2022, fueled in large part by the...

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In Illinois coal country, a town takes up solar

Belleville News-Democrat: Chad Easton, Marissa’s new 37-year-old mayor, has found himself in the unlikely position of promoting solar energy as a way to help the former coal community cope with high...

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On the blogs: U.S. coal has not flourished as advertised under Trump

ThinkProgress.org: Newly released data shows the coal industry is doing worse today than it was when President Barack Obama was preparing to leave office in January 2017. Coal production is still on...

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Minnesota’s burgeoning wind industry is paying millions in dividends to...

Energy News Network: Minnesota’s wind energy tax is helping rural counties hold the line on levy increases and pay for road repairs and other infrastructure projects. Revenue from the state’s wind...

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