ESG issues played key role in Dominion’s decision to get out of the gas...
S&P Global Market Intelligence ($): Dominion Energy Inc. pointed to the growing importance of environmental, social and governance practices as one of the “key considerations” in weighing the sale...
View ArticleFrench developer sees opportunity in using U.S. coal plant transmission...
Energy News Network: A utility-scale solar developer is acquiring land rights near U.S. coal-fired power plants, hoping the facilities will close sooner than expected and open up lucrative transmission...
View ArticleXcel gets Minnesota okay to run two coal units part time to save consumers money
Duluth News Tribune: Xcel Energy, Minnesota’s largest electricity company, will idle two of its coal plants for six months of the year under a plan state regulators approved Wednesday, July 15. The...
View ArticleMoody’s: U.S. utility sector coal consumption could fall more than 30% in 2020
S&P Global Market Intelligence ($): Moody’s Investors Service expects “very weak” second-quarter earnings in the U.S. coal sector because of falling electricity demand amid the coronavirus...
View ArticleIndiana utility Nipsco signs with NextEra for 300MW of solar capacity in...
Renewables Now: Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of US utility NiSource Inc., has concluded off-take deals with NextEra Energy Resources LLC involving around 300 MW of...
View ArticleCalifornia municipal utility endorses plan to be carbon neutral by 2030
Bloomberg: The Sacramento Municipal Utility District has set a more ambitious climate goal than California, aiming to be carbon neutral 15 years before the rest of the state. The utility’s board...
View ArticleNevada’s NV Energy says transmission, solar-plus-storage to play key role in...
S&P Global Market Intelligence ($): Berkshire Hathaway Energy subsidiary NV Energy Inc. on July 20 released a plan to build more than 500 miles of transmission lines and three solar-plus-storage...
View ArticleIEEFA Energy Finance Conference 2020 roundup: week one (July 14‑16)
Experts agree that the transition to renewable energy will continue to be driven by financial considerations independent of systemic shocks, such as the coronavirus pandemic or international price...
View ArticleIEEFA Energy Finance Conference 2020: Coal, LNG, petrochemical sectors face...
Three major fossil fuel-based industries—coal, liquefied natural gas, and plastics—were becoming less financially attractive even before the global coronavirus pandemic, according to experts who spoke...
View ArticleNextEra Energy planning its first green hydrogen project
Greentech Media: NextEra Energy is closing its last coal-fired power unit and investing in its first green hydrogen facility. Through its Florida Power & Light utility, NextEra will propose a $65...
View ArticleSan Antonio’s city-owned utility looking for 900MW of solar, 50MW of battery...
San Antonio Express-News: CPS Energy is embarking on two major green energy initiatives — one to increase the amount of energy generated by solar power and other sources and the second to allow large...
View ArticleNew Mexico regulators approve all-renewable replacement power option for San...
Albuquerque Journal: The state Public Regulation Commission unanimously approved an all-renewable energy plan Wednesday morning to replace the coal-fired San Juan Generating Station near Farmington....
View ArticleCalifornia utility PG&E, Tesla begin construction on 182.5MW/730MWh battery...
PV Magazine: A massive battery storage project is officially underway in Monterey County, California, with Pacific Gas & Electric (PG&E) and Tesla beginning construction on one of the largest...
View ArticleEDF Renewables, NV Energy announce major new solar+storage project in Nevada
Greentech Media: EDF Renewables plans to build a 200-megawatt solar plant with a 180-megawatt/720-megawatt-hour battery for Nevada utility NV Energy, the developer announced Wednesday, adding to the...
View ArticleIEEFA Energy Finance Conference 2020 roundup: Local leadership, global change
The transition to renewable energy is frequently advocated on environmental grounds, but the financial case for moving away from fossil fuels is becoming undeniably clear, according to experts speaking...
View ArticleNew Hampshire utility cancels planned Granite Bridge gas pipeline
NHPR: Liberty Utilities says it will not build the proposed Granite Bridge natural gas pipeline in Southern New Hampshire, after finding a cheaper way to serve new customers by using existing...
View ArticleMidwest utility Evergy proposes new renewable energy investments, faster coal...
Kansas City Business Journal: Evergy Inc. announced on Wednesday a new five-year strategic plan designed to speed its transition to cleaner energy and — importantly — to do so as a stand-alone company....
View ArticleEnergy transition prompts Peabody to write down value of largest U.S. coal...
S&P Global Market Intelligence ($): The largest coal mining company in the United States substantially lowered the value of one of its top-producing thermal coal assets based on low expectations...
View ArticleS&P analysis shows planned power plant retirements threaten 25% of current...
S&P ($): Despite drastic cuts in production, U.S. domestic thermal coal markets could continue to face oversupply for the foreseeable future as about a quarter of U.S. coal production is bound for...
View ArticleDuke Energy takes $1.6 billion charge to account for cancelled Atlantic Coast...
Reuters: U.S. energy company Duke Energy Corp said Monday it took a $1.6-billion after-tax charge in the second quarter for the cancellation of the Atlantic Coast natural gas pipeline from West...
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