Power Industry Disrupters: Gas, Renewables, and Storage

Credit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000

The post Power Industry Disrupters: Gas, Renewables, and Storage appeared first on POWER Magazine.

The power industry is experiencing significant changes. Natural gas, wind, solar, and battery storage seem to be the wave of the future. What’s compelling the transformation? Some people point to

The post Power Industry Disrupters: Gas, Renewables, and Storage appeared first on POWER Magazine.

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Investing In Fossil Fuels = Burying Your Money — 20th Century Fuel Is Staying In The Ground

Credit to Author: Guest Contributor| Date: Tue, 31 Dec 2019 07:33:59 +0000

Pump-jack mining crude oil with the sunsetGiven the accelerating effects of climate breakdown — established by scientific consensus and visible with our own eyes — it is rational for investors to expect much tighter carbon regulation in the near future

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FERC Sides With Fossil Fuels In Forcing Renewables To Match Prices

Credit to Author: Joshua S Hill| Date: Fri, 27 Dec 2019 16:55:55 +0000

The US Federal Energy Regulatory Commission (FERC) announced a directive just a few days before Christmas which will require PJM Interconnection to raise prices of wind and solar power to be in line with the cost of fossil fuels

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Minnesota Court Blocks Construction of Gas-Fired Plant

Credit to Author: Darrell Proctor| Date: Tue, 24 Dec 2019 20:31:45 +0000

The post Minnesota Court Blocks Construction of Gas-Fired Plant appeared first on POWER Magazine.

A Minnesota court on Dec. 23 said a proposed natural gas-fired power plant in neighboring Wisconsin needs more environmental review before construction can proceed, reversing an earlier decision by the state’s Public Utilities Commission (PUC) that approved the facility. The state Court of Appeals on Monday said state regulators must look at whether the Nemadji […]

The post Minnesota Court Blocks Construction of Gas-Fired Plant appeared first on POWER Magazine.

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Ørsted Divests “Loss-Making” LNG Business

Credit to Author: Joshua S Hill| Date: Mon, 23 Dec 2019 17:35:10 +0000

Danish renewable energy giant Ørsted announced last week that it has signed an agreement with leading global natural resources company Glencore to divest itself of its liquefied natural gas (LNG) business

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Is Goldman Sachs’ Recent Environmental Push Enough?

Credit to Author: Anand Upadhyay| Date: Sun, 22 Dec 2019 04:57:00 +0000

Goldman Sachs has been garnering quite a lot of Twitter praises after the bank updated its “Environmental Policy Framework.” As per the changes, the firm has now pledged

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Taxpayers Give $400 Billion To Oil Companies Each Year, Enough For 91 Tesla Gigafactories

Credit to Author: Johnna Crider| Date: Sat, 21 Dec 2019 01:15:53 +0000

The article, noting that we spend $400 billion on oil subsidies globally, indicates that taxpayers want their governments to stop subsidizing this rich, over-mature industry, yet politicians keep the money funneling toward them

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100% WWS Part 3: Jacobson’s New Study Leans Into The Green New Deal

Credit to Author: Michael Barnard| Date: Fri, 20 Dec 2019 16:07:15 +0000

While Jacobson’s latest Stanford study on 100% renewables by 2050 will draw fire for leaning into the Green New Deal, it strongly supports that policy

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100% WWS Part 2: Jacobson’s Latest Study Covers Storage, Transmission, & More

Credit to Author: Michael Barnard| Date: Fri, 20 Dec 2019 16:06:12 +0000

pumped hydro energy storageJacobson’s latest study carefully uses with current technologies and currently available resources for storage and transmission. The latest evidence is that there are much cheaper alternatives than his team models, underselling the potential

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