U.S. Energy News

Big companies band together on renewable energy

RENEWABLES: Several large companies form a trade association to represent firms that purchase renewable energy and work to remove barriers that make it complicated to cut carbon footprints. (NPR)

• Critics say Duke Energy’s long-range plan in North Carolina still contains too much coal and not enough renewables. (Energy News Network)
• Xcel Energy’s CEO says the utility needs to be open to any new technologies that help it mitigate the risk of climate change. (Greentech Media)

***SPONSORED LINK: The “coal cost crossover” — fast-falling wind and solar prices mean that by 2025, 86% of the U.S. coal fleet will be more expensive to operate than building new renewables within 35 miles of each plant. Get new Energy Innovation research here.***

FINANCE: Despite pledges to fund renewables, major banks have spent $1.9 trillion to finance fossil fuels since the Paris Agreement, a study finds. (Mother Jones)

ELECTRIC VEHICLES: An Illinois utility wants to help school districts in its service territory transition to electric school buses. (Energy News Network)

• Electricity prices in Oklahoma hit a low price of negative $10.54 a megawatt-hour as high winds created a surplus of power. (Bloomberg)
• A plant in Texas that recycles fiberglass from wind turbines and other sources is scaling up its operations. (Plastics Recycling Update)
• President Trump says wind power doesn’t work as an energy source because the wind “only blows sometimes.” (The Hill)

South Dakota is the latest in a series of states to adopt harsher penalties for those involved with pipeline protests. (InsideClimate News)
• The Bayou Bridge Pipeline is complete and slated to begin transporting oil from Texas to Louisiana next week, developers say. (Times-Picayune)
• Recent pipeline additions have eased the bottleneck for Permian Basin oil and gas supplies and caused prices to fall. (Houston Chronicle)

OIL & GAS: An environmental group challenging a planned oil refinery near a national park in North Dakota will take its case to the state Supreme Court. (Associated Press)

A House subcommittee will hear testimony today in support of a bill to spur cleanup and redevelopment of abandoned mine lands. (Ohio Valley Resource)
A Kentucky lawmaker invites Green New Deal sponsor Rep. Alexandria Ocasio-Cortez to visit a coal mine. (E&E News, subscription)

• Two shutdowns this month of a unit at New York’s Indian Point nuclear plant is evidence the “plant’s time has come and gone,” says the head of a conservation group. (Rockland/Westchester Journal News)
• Energy executives at a New York conference say preserving the U.S. nuclear fleet is imperative if the electric grid is to become decarbonized. (Power Magazine)

TRANSMISSION: A proposed power line in Maine has divided residents in its path, with some seeing economic opportunities and others fearing a spoiled landscape. (Maine Public Radio)

HYDROPOWER: Scientists say there is no evidence that Hydro-Québec’s dams are damaging the Gulf of Maine’s food chain, contradicting claims by opponents of a proposed hydropower transmission line from Canada to Massachusetts. (Bangor Daily News)

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CARBON: California spent $1.4 billion last year on programs like electric vehicle and solar incentives with proceeds from its cap-and-trade program. (Grist)

COMMENTARY: Saying nice things about renewables isn’t enough; any candidate who wants to be in the White House must reject fossil fuels, writes the executive director of Greenpeace USA. (The Guardian)

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