Major investors warn utilities against carbon capture and offsets A group of hundreds of major investors is urging electric utilities not to use offsets as part of their decarbonization efforts, and to minimize reliance on carbon capture because of its risks and high costs. But despite the warnings from major investors, the Department of Energy … Continue reading Major investors warn utilities against carbon capture and offsets
Xcel, Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target Electric utilities have taken a leading role — by necessity — in efforts to decarbonize the global economy, according to CDP, a nonprofit that runs environmental disclosure systems for 13,000 companies worldwide. But two U.S. utilities disagree about … Continue reading #Xcel, #Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target
FirstEnergy planning West Virginia solar energy project CHARLESTON, W.Va. (AP) — FirstEnergy Corp. has applied to build five solar energy projects throughout its West Virginia service territory. The Akron, Ohio based utility company estimates that the projects, if approved by West Virginia regulators, would generate 50 megawatts of power, the Charleston Gazette-Mail reported. The plans … Continue reading #FirstEnergy planning #West_Virginia solar energy project
Quantum computing as a service for power grids Resilient Entanglement, claimed as the first global women-owned R&D firm in the quantum grid field, is developing a software as a service (SaaS) product to support the deployment of renewable energy generation and responsive demand strategies using quantum models and quantum mechanical phenomena. The $250,000 award is … Continue reading Quantum computing as a service for power grids
Indiana’s top electric provider seeks rate increase approval INDIANAPOLIS — Indiana’s largest electric utility is seeking regulatory approval to raise its rates 1% every year until 2029 to pay for an $1.9 billion upgrade aimed at hardening its electric grid against severe weather. Plainfield-based Duke Energy Indiana filed plans Tuesday with state regulators seeking to … Continue reading Indiana’s top electric provider seeks rate increase approval
Texas adopts rules for natgas/power coordination to avoid Feb freeze The Public Utility Commission (PUC) of Texas adopted rules to increase coordination between the natural gas and electricity industries to avoid blackouts and other energy emergencies like last winter’s February freeze. The rules are the latest in a series of federal and state measures to … Continue reading #Texas adopts rules for natgas/power coordination to avoid Feb freeze
Mexico threatens legal action on US electric vehicle subsidy MEXICO CITY — The Mexican government threatened legal action Thursday over provisions of U.S. President Joe Biden’s Build Back Better Act that would give subsidies of up to $12,500 for purchases of union-made, American-made electric vehicles. Tatiana Clouthier, Mexico’s secretary of the economy, said the bill … Continue reading #Mexico threatens legal action on US electric vehicle subsidy
Blame big industries’ ups, downs for your proposed bigger Minnesota Power bills Household energy conservation over the years barely registers as a blip on Minnesota Power’s revenue. In fact, residential energy sales actually grew last year, and residential customers used about as much electricity in 2020 as they did in 2014. Electricity use by large … Continue reading Blame big industries’ ups, downs for your proposed bigger #Minnesota_Power bills
Members of bankrupt Brazos Electric question strategy amid ERCOT dispute (Reuters) – Members of wholesale power supplier Brazos Electric Power Cooperative Inc are challenging its bankruptcy strategy following the Texas winter storm that knocked out power for millions and left Brazos with a $2 billion energy bill. Tri-County Electric Cooperative, one of Brazos’s largest members, … Continue reading Members of bankrupt #Brazos_Electric question strategy amid ERCOT dispute
GE Hitachi Nuclear to build small reactor in Canada TOKYO, Dec 3 (Reuters) – GE Hitachi Nuclear Energy, an alliance between General Electric Co (GE.N) and Japan’s Hitachi Ltd (6501.T) will build a small modular nuclear reactor (SMR) with Ontario Power Generation (OPG) (ONPWG.UL), the Canadian utility said on Friday. OPG will deploy the SMR … Continue reading #GE_Hitachi Nuclear to build small reactor in #Canada
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