An ambitious Canadian project to collect carbon dioxide from a coal-fired power plant has underperformed for nearly a decade, according to a new analysis from the Institute for Energy Economics and Financial Analysis. Despite optimistic claims from the operator of the Saskatchewan project, SaskPower, the carbon capture and storage project on a 115-MW coal-fired unit… More IEEFA dings Canadian CCS underperformance
California utility giant PG&E’s move to raise capital by selling 49.5% of its non-nuclear generation to investment behemoth KKR for somewhere around $3 billion is scheduled to come before the California Public Utilities Commission next week (May 9). Its fate is uncertain. The KKR deal, announced Wednesday (May 1), would see the utility, which has… More PG&E-KKR asset spinoff plan faces CPUC scrutiny
It’s time to temper the enthusiasm for a large fleet of small nuclear reactors populating the globe, according to Sharon Squassoni, George Washington University research professor of international affairs. Her work at GW’s Elliott School of International Affairs focuses on nuclear energy and weapons. In a report – “New nuclear energy: assessing the national security… More Is a swarm of SMRs dangerous?
It didn’t take long. Less than a day after the Environmental Protection Agency announced its latest move to remove CO2 produced by coal-fired power plants, Wyoming Republican Gov. Mark Gordon told his attorney general to look into forming a coalition of coal states to challenge the rules in court. Cowboy State Daily quoted Gordon, “We… More Commentary: Biden EPA doubles down on risky carbon capture
The Biden administration’s Environmental Protection Agency yesterday (April 25) announced a comprehensive package of rules aimed squarely at coal-fired electric generating plants and secondarily at natural gas generation. The new rules will generate legal challenges from industry and several states in multiple federal jurisdictions. They are likely to end up in the U.S. Supreme Court.… More New EPA rules target coal-fired plants and, to a lesser degree, gas
California legislators Monday (April 22) rejected by one vote a bill that would have expanded an existing ban on public utility companies charging customers for spending on lobbying and attempting to influence the public. The major target of the legislation was Pacific Gas & Electric, which lobbied heavily against the measure. The state Senate Committee… More Calif. solons nix reform of utility influence spending
The U.S. Department of Energy last week unveiled two reports focused on the crucial interstate electric transmission system, proposing both a roadmap for getting onto the grid and how strengthen the road itself. The inadequate U.S. high-voltage grids are perhaps the greatest obstacle to a low-carbon electric future. Last Tuesday (April 16), the agency rolled… More DOE looks at the road and the roadmap to better electric transmission
Pushing geothermal electric production, the Biden administration is limiting the scope of the nation’s key environmental law, the National Environmental Policy Act (NEPA), in environmental impacts studies for these projects on federal land. The Interior Department’s Bureau of Land Management on Monday (April 15) announced it was granting two “categorical exclusions” from the list of… More Biden BLM streamlines geothermal permits
It’s been some 30 years since a volcanic mountain on federal land in Nevada’s desert first surfaced as a likely site for disposing of the spent fuel from 100 nuclear plants. It’s been a dozen years since the federal government essentially abandoned the site after spending billions of dollars on it. Is Yucca Mountain coming… More Back to the future for Yucca Mountain?
When it comes to overall U.S. energy trends, this year and next will look much like 2023, according to the Energy Information Agency’s Short-Term Energy Outlook, released last week (April 9). According to the Department of Energy’s statistical arm, worldwide crude oil prices, which averaged $82 per barrel in 2023, will rise slightly to $89… More EIA’s ho-hum 2024-2025 energy forecast