Duke Energy Spreads FUD About Renewables In North Carolina

Credit to Author: Steve Hanley| Date: Wed, 21 Aug 2019 15:34:02 +0000

North Carolina energy planThe State of North Carolina is working on a plan to reduce carbon emissions to zero by 2025, but Duke Energy, the largest electricity provider in the state, is busy claiming solar power means more emissions, not less.

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Canada Subsidizes Fossil Fuels, Can’t Talk Climate Change In Election Year

Credit to Author: Michael Barnard| Date: Wed, 21 Aug 2019 10:00:55 +0000

Canada subsidizes fossil fuels to the amount of $2.5, $4.7 or $34 billion every year, depending on what is included in the accounting

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US Subsidizes Fossil Fuels To The Tune Of $4.6, $27.4, Or $649 Billion Annually, Depending On Source

Credit to Author: Michael Barnard| Date: Wed, 21 Aug 2019 00:45:05 +0000

In 2022, new wind energy will get zero financial assistance of any kind and new solar will get very little, while fossil fuels will continue to get $4.6 billion annually in the best possible accounting, $27.4 billion in a reasonable accounting and $649 billion in a full accounting including negative externalities

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Developer Blasts Ohio Nuclear Deal, Pulls Plug on Gas Plant Project

Credit to Author: Darrell Proctor| Date: Wed, 21 Aug 2019 17:59:37 +0000

The president of a company developing two new natural gas-fired power plants in Ohio said he is ending a project for a third plant there after lawmakers passed legislation to help two struggling nuclear generation facilities in the state. Bill Siderewicz, who leads Massachusetts-based Clean Energy Future LLC, on August 20 in a statement said […]

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Investments in Storage Grow as Project Costs Come Down

Credit to Author: Darrell Proctor| Date: Wed, 24 Jul 2019 20:51:35 +0000

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

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POWER Notebook: Ohio Gas Plant Project in Jeopardy if Nuclear Bill Passes

Credit to Author: Darrell Proctor| Date: Tue, 16 Jul 2019 00:39:26 +0000

New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to subsidize the state’s two nuclear power plants. LS Power in a news release Monday said, “Handouts to nuclear plants jeopardize the economics of the other […]

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Iraq Developing Solar to Complement GE, Siemens Projects

Credit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000

Iraq’s $14 billion deal with Siemens to develop power generation projects in the country has grabbed most of the headlines this year, but the country continues to develop power projects with GE, and also in

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Rhode Island Rejects Burrillville Gas-Fired Plant

Credit to Author: Darrell Proctor| Date: Fri, 21 Jun 2019 16:39:58 +0000

A proposed 900-MW gas-fired power plant was rejected by Rhode Island regulators on June 20, leaving project developer Invenergy pondering its options for the planned facility in Burrillville. Rhode Island’s Energy Facility Siting Board, after a daylong hearing in Warwick, said the plant is not needed. Chicago, Illinois–based Invenergy can appeal the decision to the […]

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BNEF Report: As Prices Fall, Renewables Rise Worldwide

Credit to Author: Darrell Proctor| Date: Wed, 19 Jun 2019 17:54:12 +0000

A new report from BloombergNEF (BNEF) predicts about half of the world’s power will come from renewable resources, including solar and wind, by 2050. The group’s New Energy Outlook 2019, released June 18, noted the trend will be driven by falling prices for solar, wind, and battery storage, along with trillions of dollars of investments […]

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