Wisconsin 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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