Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 20:20:39 +0000

money-deal-merger-acquisition

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

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Labor Department Shuns Trump-Era ‘Anti-ESG’ Measures

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 20:20:39 +0000

money-deal-merger-acquisition

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

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Fish Friendly Hydro: Natel Energy Is Proving It’s Possible

Credit to Author: Aaron Larson| Date: Thu, 17 Nov 2022 00:46:18 +0000

Natel-Restoration-Hydro-Turbine-RHT-Monroe-Plant-Oregon

Hydropower projects frequently face resistance from environmental groups for a variety of reasons. One of the more common objections to hydro is the high turbine-induced mortality of fish. The passage of fish through hydroelectric turbines can quickly prove fatal—a danger that increases with the size of the fish. Furthermore, if several hydropower plants are located […]

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‘Largest’ Floating Offshore Wind Farm Comes Online in North Sea

Credit to Author: Darrell Proctor| Date: Tue, 15 Nov 2022 17:39:15 +0000

offshore-wind

An installation that at present is considered the world’s largest floating offshore wind farm has produced its first power, providing electricity for oil and gas exploration operations in the North Sea. Hywind Tampen on Nov. 13 began powering Equinor’s drilling at the Gullfaks oil and gas field. The wind farm is located about 87 miles […]

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U.S., Others Tout $20 Billion Plan to Move Indonesia Away from Coal, Toward Renewables

Credit to Author: Darrell Proctor| Date: Tue, 15 Nov 2022 15:15:45 +0000

The U.S. and other countries have announced a $20 billion financing plan to help Indonesia more quickly shutter the country’s coal-fired power plants and decarbonize its power generation sector. “We’ve built a platform for cooperation that can truly transform Indonesia’s power sector from coal to renewables and support significant economic growth,” U.S. Special Envoy on […]

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The POWER Interview: A Renewed Shift in Energy Investing

Credit to Author: Darrell Proctor| Date: Thu, 10 Nov 2022 15:47:23 +0000

Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]

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Enel Gas-Fired Plant Will Use Rock-Based Energy Storage System

Credit to Author: Darrell Proctor| Date: Mon, 07 Nov 2022 19:59:17 +0000

Two groups involved in innovation for power generation, including Italy’s largest utility, have teamed to build a rock-based energy storage system to capture excess power at a natural gas-fired power plant in Tuscany. Italy’s Enel, along with Israel’s Brenmiller Energy, have said the project aligns with their efforts to test new technologies to increase flexibility […]

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How Rural Communities Can Benefit from the Energy Transition

Credit to Author: Aaron Larson| Date: Thu, 03 Nov 2022 15:57:22 +0000

Rural-electric-cooperative-USDA

Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]

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Idiot or Maniac: Where Does Your Power Company Fit in the Discussion?

Credit to Author: Aaron Larson| Date: Tue, 01 Nov 2022 04:16:00 +0000

It’s kind of exciting to be able to write that events are back in full swing. In case you missed it, POWER hosted the co-located Experience POWER, Distributed Energy Conference, and HydrogeNext events, Oct

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Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU

Credit to Author: Darrell Proctor| Date: Wed, 26 Oct 2022 18:41:25 +0000

Vlocity-renewable-energy-solar-wind

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

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