Despite the vilification and the billions of dollars being spent on alternative supplies of energy, fossil fuels are far from vanquished. Oil and gas are doing well in the U.S., and coal is holding its own. This morning (Oct. 20), Chevron announced it is buying Hess Corp. in an all-stock deal worth $53 billion ($171/share).… More Fossil Fuels Flexing Muscles as Chevron Buys Hess
The Federal Energy Regulatory Commission yesterday (Oct. 19) moved to make the conversion from direct current based renewable generation seamlessly integrated into the alternating current electric transmission grid. FERC’s new rule, according to an agency news release, “directs the North American Electric Reliability Corporation (NERC) to develop a suite of new or modified reliability standards that… More FERC Mandates AC-DC Matchmaking
By Henry Sokolski Although it received scant attention, one of the first objects Israel’s military targeted was Gaza’s electrical generating plants. Israel was legally free to do so because it is not a party to Protocol 1 of the Geneva Conventions — an international treaty that discourages military attacks against civilian assets. In contrast, The… More Guest Commentary: Power Plants, War Targets?
PJM Interconnection, the nation’s largest wholesale electricity market, on Friday (Oct 13) proposed major changes to its troubled capacity market to make sure it has enough power to distribute during weather emergencies. The regional transmission operator made two massive filings at the Federal Energy Regulatory Commission (Docket No. ER24-98-000 and Docket No. ER24-99-000 totaling over… More PJM Proposes Capacity Market Reforms
A diverse group of interests including The Nature Conservancy and the Solar Energy Industries Association have agreed on policies to advance large, utility-scale solar photovoltaic power development. The agreement, “Collaboration Agreement on Large-Scale U.S. Solar Development: Integrating Climate, Conservation and Community” and brokered by Stanford University’s Stanford Woods Institute for the Environment, is designed to… More Big Solar Gets Big Boost
The Federal Energy Regulatory Commission last Friday (Oct. 6) rejected a preliminary permit for a large hydroelectric pumped storage project on the Susquehanna River near York, Pa. The commission said the application by York Energy Storage for a $2.1 billion project repeatedly failed to respond adequately to questions the FERC staff raised about the filing.… More Hydro Making Slow-Motion Waves at FERC
NuScale Power has landed a deal with privately-owned blockchain data center developer Standard Power to provide two planned data centers in Pennsylvania and Ohio, 924-MW each, with electricity from arrays of NuScale’s 77-MW VOYGR small modular reactors, 12 for each data center. NuScale’s partner ENTRA1 Energy has the exclusive rights to develop, manage, own and… More Nuclear Merry-Go-Round: NuScale, Vogtle, Palisades
Offshore wind in the U.S. has encountered an economic tsunami. Long-standing power purchase agreements (PPAs) going back years, the financial foundations for nascent wind projects, are cratering. A new U.S. government offshore wind site auction failed to attract substantial interest. On Monday (Oct. 2), Connecticut-based Avangrid, a U.S. subsidiary of Spain’s Iberdrola, announced it was… More U.S. Offshore Wind Faces Stormy Weather
“Rolling coal” by diesel trucks may cost online marketeer eBay $1.9 billion, according to a U.S. Justice Department filing last Wednesday (Sept. 27). The DOJ complaint in federal court in Brooklyn was based on information from the Environmental Protection Agency. The complaint included other eBay merchandise EPA targeted as illegal. According to DOJ, eBay sold… More ‘Rolling Coal’ Could Crush eBay
A group of Nantucket, Mass., opponents of an 800-MW offshore wind project – Vineyard Wind – have launched a last-ditch attempt to scuttle the $4 billion, 20 years in the planning, wind farm. The project is about 15 miles equidistant from Nantucket and Martha’s Vineyard. It would be the first commercial-scale offshore wind project in… More Locals Launch Unlikely Vineyard Wind Challenge