Midwest Energy News

Moody’s: Coal and nuclear subsidies would hurt ratepayers

POWER PLANTS: Moody’s credit rating agency says subsidies for coal and nuclear plants would hurt ratepayers and help FirstEnergy. (Washington Examiner)

• An Energy Department official says the agency does not have a cost estimate for the proposed bailout of uneconomic coal and nuclear plants. (RTO Insider)
• Federal nuclear regulators say changing their oversight role to include the economic health of power plants is unlikely to improve the nuclear market. (Toledo Blade)

***SPONSORED LINK: Capitalize on new opportunities in America’s next clean energy hot spot at the Illinois Energy Market Summit 2018, June 13-15 in Chicago. Connect with policy-makers, RTO executives, utilities, municipalities and cooperatives to learn the latest information on opportunities, uncertainties and strategies for future success in Illinois.***

• A Great River Energy executive discusses how the Minnesota cooperative will reach a 50 percent renewable energy target by 2030. (Midwest Energy News)
• Upgrades to a Nebraska wind farm are helping a Colorado utility decrease costs for customers after meeting a 100 percent renewable energy target in 2015. (Western Energy News)

POLICY: An Ohio clean energy manufacturer says President Trump’s tariffs have put it at a “huge disadvantage” against foreign competitors. (Midwest Energy News)

• Local planning officials in eastern Illinois consider plans for a 4 MW community solar project. (Journal Gazette & Times-Courier)
• Some Indiana cities are looking to follow the state in changing net metering policies that solar advocates say is unfair. (Indiana Public Media)

• The director of the North Dakota Pipeline Authority says the state’s gas transmission network is inadequate for the long term. (Minot Daily News)
• A judge rejects a utility’s attempt to use eminent domain for a natural gas pipeline in North Dakota. (Minot Daily News)

• Federal regulators reject a request by Michigan and multiple utilities to place a hold on surcharges related to an Upper Peninsula coal plant. (RTO Insider)
• A forum next week will discuss potential health impacts of a proposed Indiana facility that would convert coal to diesel fuel. (Evansville Courier & Press)
• A suburban Chicago company is interested in buying a 2,250 MW coal plant in Arizona at risk of closing. (Power Magazine)

***SPONSORED LINK: Seiche, a creative consultancy based in Minneapolis, is now hiring a full-time senior associate to work with clients engaged in policy and advocacy communications, with a focus on clean energy!***

ELECTRIC VEHICLES: Honda and General Motors will partner on “next-generation” EV batteries that allow for higher energy density, smaller packaging and faster re-charging. (CNET)

• A utility watchdog group claims a political nonprofit linked to Consumers Energy has not reported at least $15 million in revenue to the IRS, which “needs to be explained.” (Energy and Policy Institute)
• The head of the Michigan Chamber of Commerce says DTE Energy’s plan for a new 1,100 MW natural gas plant will benefit the state’s economy. (Detroit News)
• A columnist says bailing out uneconomic coal and nuclear plants based on “spurious national security grounds would set a very bad precedent.” (St. Louis Post-Dispatch)
• Supporting renewable energy can be a winning political issue in Iowa and other Midwest states, an advocate says. (The Hill)

Comments are closed.