U.S. Energy News

As coal plant closures mount, so do stranded costs

COAL: As utilities close coal plants, stranded costs are piling up on companies’ books; securitization is one way to lessen the burden. (E&E News, Utility Dive)

ALSO:
A Colorado wholesale power provider turns down a Denver startup’s offer to buy and close three of its coal-fired units and replace it with clean energy, company officials say. (Utility Dive, Energy News Network)
• An Illinois bill to ensure the safe closure of coal ash storage sites heads to the governor. (Springfield State Journal-Register)

***SPONSORED LINK: Join GTM at the Grid Edge Innovation Summit, June 18-19 in San Diego, for two days of data-intensive presentations from our leading grid edge research practice and industry-led discussions on how data analytics, AI, DERMs and other smart grid innovations are enhancing grid reliability, optimization and planning. Register today!***

NUCLEAR: The declining use of nuclear power may increase reliance on fossil fuels, according to an International Energy Agency study. (The Hill)

CLEAN ENERGY:
Detroit officials seek to increase access to clean energy for low-income and communities of color but face a legacy of inequality. (Energy News Network)
Dallas enters a contract to power all city buildings with wind and solar for the next 10 years. (North American Windpower)

WIND:
• A leading offshore wind developer says the U.S. supply chain picture will become “much clearer in the next two to three months.” (Greentech Media)
The Pentagon does not see wind farms as a threat to military readiness, but state and local officials across the Southeast want to limit development near bases to avoid restricting flight training routes. (Wired)
• Rhode Island regulators approve a 20-year power contract between a 400 MW offshore wind project and the state’s largest utility. (Providence Journal)

SOLAR: Work on one of the nation’s largest combined solar and grazing operations is completed at a sprawling California cattle ranch. (PV Magazine)

STORAGE: The largest electric cooperative in the U.S. signs an agreement to build its first battery storage system in Texas. (Solar Power World)

SMART GRID: An executive at the Jacksonville Electric Authority says the utility is a leader in new net metering and storage technologies. (Greentech Media)

HYDROPOWER: Developers plan the world’s largest commercial ocean current energy project off the coast of Florida in the Gulf of Mexico. (Renewables Now)

OHIO: Ohio House lawmakers are expected to pass a bill today providing subsidies for two nuclear plants and two coal plants. (Dayton Daily News)

OIL & GAS: The Trump administration is appealing a federal judge’s ruling blocking offshore drilling on Alaska’s coast. (Alaska’s Energy Desk)

POLITICS: The Green New Deal is alive and well in left-leaning cities and states, where politicians have adopted the brand for climate proposals. (Washington Post)

***SPONSORED LINK: Need some relevant CLE credit? Sign up for Renew Missouri’s End-of-Year Energy Law CLE, June 14 in Jefferson City. You’ll earn 8 hours of credit with 2 hours of ethics in MO and KS. (CA is pending.) For more information or to sign up click here.***

CLIMATE:
The leader of a Virginia organization talks about her work to tackle climate change by mobilizing religious groups on energy conservation, energy efficiency and renewable energy. (Energy News Network)
• The libertarian Cato Institute quietly shuts down a program that for years sought to raise uncertainty about climate science. (E&E News)

COMMENTARY:
Carbon-free power is catching on “like a virus or a meme,” and it’s recently spread to the utility industry, David Roberts writes. (Vox)
• One way to get a high-renewable grid: build way more wind and solar than we need and proactively curtail it, write a researcher and professor. (The Conversation)

Comments are closed.