Coal is Out as APS Sets Carbon-Free Goal

Credit to Author: Darrell Proctor| Date: Wed, 22 Jan 2020 23:18:26 +0000

The post Coal is Out as APS Sets Carbon-Free Goal appeared first on POWER Magazine.

Arizona Public Service (APS) announced Jan. 22 that it plans for all its power generation to be carbon-free by 2050, and also said it plans to produce nearly half its power from renewable sources by 2030. APS joins other U.S. utilities who have put forth similar goals in recent years. APS, which has been criticized […]

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Qatar Will Boost Middle East Solar with 800-MW Project

Credit to Author: Darrell Proctor| Date: Tue, 21 Jan 2020 17:40:45 +0000

The post Qatar Will Boost Middle East Solar with 800-MW Project appeared first on POWER Magazine.

Qatar’s energy minister on Jan. 19 said the country will build an 800-MW solar power project that will push the country far beyond its announced goal for solar energy. That goal of 100 MW of solar generation was established when Qatar in December 2010 was awarded rights to host the 2022 FIFA World Cup tournament. […]

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Wisconsin PSC Backs Construction of Gas-Fired Plant

Credit to Author: Darrell Proctor| Date: Fri, 17 Jan 2020 17:21:31 +0000

The post Wisconsin PSC Backs Construction of Gas-Fired Plant appeared first on POWER Magazine.

Construction of a $700 million natural gas-fired power plant near the Wisconsin-Minnesota border was authorized by Wisconsin regulators on Jan. 16, over the objections of environmental groups who have said the plant is not needed. Dairyland Power Cooperative and Minnesota Power would jointly own the 625-MW Nemadji Trail Energy Center, which on its current timeline […]

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Sunflower Finally Scraps Plans for 895-MW Kansas Coal Plant

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 19:44:35 +0000

The post Sunflower Finally Scraps Plans for 895-MW Kansas Coal Plant appeared first on POWER Magazine.

Sunflower Electric Power Corp. has abandoned plans to build the $2.8 billion Holcomb Expansion after its partner on the 895-MW coal-fired power plant project in Kansas, Tri-State Generation and Transmission Association, announced it would no longer pursue the project. Sunflower said on Jan. 15 it will allow the project’s air permit, for which it once […]

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Report: Investment in Renewables Hit Record High in 2019

Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2020 19:33:18 +0000

The post Report: Investment in Renewables Hit Record High in 2019 appeared first on POWER Magazine.

Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

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EIA: Renewables Will Surge Past Coal, Nuclear to 22% of U.S. Power Mix in 2021

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 14:27:33 +0000

The post EIA: Renewables Will Surge Past Coal, Nuclear to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.

The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]

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EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 14:27:33 +0000

The post EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.

The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]

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New York Is Fertile Ground for Clean Energy

Credit to Author: Aaron Larson| Date: Thu, 09 Jan 2020 15:32:05 +0000

The post New York Is Fertile Ground for Clean Energy appeared first on POWER Magazine.

When many people are asked which state is leading the U.S. toward a renewable energy future, California is the first that comes to mind. And while California is worthy of such distinction, it’s not the only state with a progressive clean-energy agenda. New York should also be part of the conversation. On Jan. 8, New […]

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PJM Stakeholders at Odds on Timing for Next Capacity Auction

Credit to Author: Sonal Patel| Date: Thu, 09 Jan 2020 15:19:42 +0000

The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

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100% Solar Powered 5/3 Bank Announces $6.2 Million in 2019 Grants

Credit to Author: Johnna Crider| Date: Wed, 08 Jan 2020 16:03:28 +0000

Fifth Third Bank 2019 GrantsThe Foundation Office at Fifth Third Bank, a bank that is 100% powered by renewable solar energy and generating more clean power than the bank uses in a year (which is why we started using it in 2019), recently made an announcement of almost $6.2 million in grants from 2019. These grants come through 8 major foundations that the banks serve as a trustee or agent

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