Moody’s downgrades U.S. coal sector, expects ‘substantial’ decline in demand
Utility Dive: Moody’s Investors Service on Wednesday downgraded the North American coal sector to a “negative” outlook, citing an expected 3% decline in earnings in the second half of 2019 and a slide...
View ArticleChinese think tank says country’s coal demand will start falling in 2025
Reuters: China’s coal demand will start to fall in 2025 once consumption at utilities and other industrial sectors reaches its peak, a state-owned think tank said in a new report, easing pressure on...
View ArticleSolar and wind dominate bids in Indiana utility’s latest request for power...
Courier & Press: Although still early in the process, Vectren appears tentatively poised to shift power generation away from fossil fuels and toward cleaner energy sources. As the utility develops...
View ArticleHawaiian Electric seeks 900MW of renewables and storage for fossil fuel phaseout
Greentech Media: Hawaiian Electric issued a long-awaited request for proposals on Thursday for about 900 megawatts of renewable energy and energy storage projects. It’s the utility’s second major round...
View ArticleIEEFA update: Governor Vázquez needs to scrutinize new natural gas contracts...
Puerto Rico’s new governor, Wanda Vázquez, has been trying to distance herself from the previous Rosselló administration. For example, she recently suspended a $450,000 grid reconstruction contract...
View ArticleSouth Carolina utility looks to close the books on its coal generation
The State: Santee Cooper plans to shut down one of its two remaining coal-fired power stations in the next decade and cut about 200 jobs as the state-owned utility moves to eliminate coal as an energy...
View ArticleXcel plans to build 522MW wind farm in New Mexico
North American Windpower: Xcel Energy has announced that construction on the 522 MW Sagamore Wind Project in New Mexico will begin in the fourth quarter of the year. David Hudson, president of Xcel...
View ArticleRocky Mountain Power, Sonnen team up on major solar-plus-storage project in Utah
Greentech Media: German home energy storage company sonnen fulfilled a long-time dream for its U.S. operation: It will supply battery systems to an entire new residential community, with a contract in...
View ArticleSeaport Global analyst: U.S. thermal coal ‘could be a disaster zone in 2020’
S&P Global Market Intelligence ($): In the second quarter of 2019, average quarterly U.S. coal mining employment declined to the lowest level since the first quarter of Donald Trump’s presidency as...
View ArticleCoal use in U.K. electric sector continues falling, drops below 1% in 2nd...
The Guardian: The share of coal in the UK’s electricity system has fallen to record lows in recent months, according to government data. The figures show electricity generated by the UK’s most...
View ArticleIEEFA report: Major water shortages and other stressors raise risks for...
September 4, 2019 (IEEFA) ‒ India’s coal-fired energy sector is facing increasing pressure due to generator over-capacity, water shortages and the rise of low-cost renewables, according to a report...
View ArticleSunrun lands big contract for linked residential solar-plus-storage systems...
Greentech Media: Sunrun won another big deal to deliver residential solar-battery systems at grid scale, this one fine-tuned to serve utility Hawaiian Electric’s unique island grids. Sunrun, the...
View ArticleIEEFA update: Business case weakens for Navajo Transitional Energy Company...
September 5, 2019 (IEEFA U.S.) — Production is down this year and the customer base is shrinking at three mines that Navajo Transitional Energy Company (NTEC) proposes buying in a bankruptcy-court bid...
View ArticleIEEFA U.S.: Extend solar tax credit to benefit Navajo Nation and communities...
September 5, 2019 (The Hill) ‒ No place is being hit harder by the decline of the U.S. coal-fired electricity generation industry than northern Arizona, where Navajo Generating Station will close in...
View ArticleNew modeling, same results: PacifiCorp says coal plant closures in Wyoming...
Casper Star Tribune: Accelerating the retirement of multiple Wyoming coal-fired power plants could lead to hefty cost savings, according to initial results revealed by the state’s largest utility last...
View ArticleSouth Carolina utility changes course, plans coal plant closure and new solar...
The Post & Courier: Santee Cooper’s board approved a new business strategy Monday, shifting the state-run utility’s energy forecast away from coal and toward solar power and gas-fired plants. But...
View ArticleStudy says new U.S. gas plants at high risk of being undercut by lower cost...
Bloomberg: Natural gas-fired power plants, which have crushed the economics of coal, are on the path to being undercut themselves by renewable power and big batteries, a study found. By 2035, it will...
View ArticleLos Angeles moves forward with record-setting solar and battery storage project
Los Angeles Times: For a long time, there were two big knocks against solar power: It’s expensive, and it can’t keep the lights on after sundown. A contract approved Tuesday by the Los Angeles...
View ArticleDNV GL consultants: Global oil demand will peak in 2022
Reuters: Global oil demand will peak in three years, plateau until around 2030 and then decline sharply, energy adviser DNV GL said in one of the most aggressive forecasts yet for peak oil. Most oil...
View ArticleU.S. expected to install a record 14.6GW of wind capacity in 2020
Recharge: The U.S. wind market will add a record 14.6GW of capacity in 2020 but major bottlenecks in both logistics and interconnection mean another 8.1GW will either not qualify for the federal...
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