UTILITIES: NextEra Energy reports a quarterly loss after writing off $1.2 billion from the value of its stake in the Mountain Valley Pipeline, and signals that it will invest even more in renewables. (Pittsburgh Business Times, Reuters)
ALSO:
• Dominion Energy wins some praise from Virginia solar boosters for a new peak-shaving pilot program designed to incentivize customers to use more electricity during off-peak hours, when energy is more likely to come from renewable sources. (Energy News Network)
• South Carolina lawmakers vote to continue to receive offers for troubled state-owned electric utility Santee Cooper while also pushing forward with agency reforms. (The State)
***SPONSORED LINK: North Carolina Sustainable Energy Association is offering a virtual clean energy continuing legal education (CLE) course on Feb. 2, with a specific focus on the Southeast region. Register today! ***
PIPELINES: With a nationwide blanket stream-crossing permit on hold, Mountain Valley Pipeline announces it will instead seek individual permits that will require more intensive, stream-by-stream analysis. (Roanoke Times)
SOLAR:
• A western Virginia county approves a permit for the largest solar farm in the region, despite opposition over views and loss of farmland. (Roanoke Times)
• A San Francisco firm begins construction on two solar facilities south of Dallas that will total 316 MW. (Renewables Now)
• Emory University installs 6,530 solar panels on its Atlanta campus, with plans to more than double that by 2025. (The Emory Wheel)
• Nashville-based energy developer Silicon Ranch searches for property to build a solar facility after it reaches a tentative deal to provide power to an eastern Tennessee city. (The Daily Times)
OIL & GAS:
• Plans by a subsidiary of Elon Musk’s SpaceX to drill for natural gas in Texas leads to a dispute with another company that claims rights to the same gas reserves. (Vice)
• Texas regulators criticize BP for filing 121 flaring requests at a time when the practice has drawn growing scrutiny from investors, and months after BP itself had called for the practice to be reduced. (Bloomberg)
• Louisiana’s oil and gas industry pushes back against a legislative plan to cut the severance tax on oil while raising it for natural gas and eliminating tax breaks for drilling certain types of wells. (The Center Square)
TRANSITION:
• A Texas city becomes the fourth and final owner of a retired coal plant to approve a plan to sell the 6,200-acre property for redevelopment. (Denton Record-Chronicle)
• Chemical manufacturer BASF pays $14 million for the 1,875-acre site of a former Texas power plant, which includes water rights to the Brazos River. (Waco Tribune-Herald)
CARBON CAPTURE: Southern Company takes a step toward activating an Alabama facility that will test carbon capture technology. (Power Engineering)
RENEWABLES: A German company that makes carbon and glass fiber-reinforced products for the automotive, aerospace, solar and wind energy sectors announces an expansion of its Arkansas factory. (Arkansas Business)
ENERGY EFFICIENCY: A Georgia school district has reduced its power use by nearly a third over the past two years after partnering with an energy conservation company. (WMGT)
COMMENTARY:
• Florida must modernize its energy efficiency rules, which haven’t been significantly updated in three decades, writes a solar energy advocate. (Energy News Network)
• A retired U.S. Labor Department employee calls for Virginia lawmakers to update the state’s building code to boost energy efficiency. (Virginia Mercury)
• A settlement between North Carolina and Duke Energy to shift $1.1 billion of the cost for coal-ash cleanup to investors still leaves its customers to pay the remaining nearly $3 billion, attracting criticism from a state newspaper’s editorial board and from a national magazine. (Greensboro News & Record, New Republic)