Duke Energy’s plan to build gigawatts’ worth of new natural gas generators to supply its grid over the next 15 years has already drawn fire from clean-energy advocates who say it violates the utility’s long-range decarbonization goals and could leave customers paying for power plants that can’t economically compete with cleaner alternatives. Read more →
As electric and gas utilities contemplate investing in low-carbon hydrogen and the technology to produce it, the high price of today’s supplies and equipment – and the potential for cost declines – are major considerations. At the CERAWeek by IHS Markit conference, hydrogen experts and stakeholders expressed confidence that the cost curve will indeed bend in the coming years. Read more →
Amazon, Walmart, General Motors, and now FedEx. The giant delivery company joined more than 50 other major corporations when it announced on March 3 that it too aims to be carbon-neutral by 2040 – an effort to curb climate change. Read more →
In the early 2000’s, utilities were unable to grasp the climate change movement. Today, they have been swept up by it – a function of stricter environmental regulations, cheaper natural gas, and affordable renewables. But if electrification and decarbonization are realized, it could pay big dividends for power companies. Read more →
Texans were left in the cold and dark this February, following extreme cold weather that had the Texas competitive energy market unable to prevent deadly power failures. Leaving behind its historic commitment to power system independence and joining the larger U.S. grid can relieve some of the consequences of extreme weather events Texas is likely to see again, many energy analysts in and out of Texas said. Read more →
The $1 billion class-action lawsuit filed against the Texas wholesale electricity retailer Griddy Energy is triggering questions about who is to blame for the state’s mid-winter blackout. The core question, though, is whether restructuring Texas’ electricity markets in the early 2000’s exacerbated the crisis. Read more →
The catastrophic breakdown of Texas’ natural gas and electric system the week of February 15 lacks a single villain to blame for it all. Instead, the widespread constraints in natural-gas supply and the shutdown of core power plant capacity that left millions without power can be chalked up to cascading failures between two interdependent systems – and any solutions will need to take these interdependencies into account to avert a similar crisis in the future. Read more →
Xcel Energy Colorado has announced details of its upcoming Clean Energy Plan, which will result in an estimated 85% reduction in carbon dioxide emissions from 2005 levels by 2030. The plan will double renewable energy and battery storage on the Xcel Energy Colorado system, providing customers with electricity derived from approximately 80% renewable sources while maintaining affordable and reliable energy service. Read more →
Plug Power has unveiled major plans to develop North America’s largest green hydrogen production facility in New York, which once operational, will be capable of producing 45 metric tons of green hydrogen a day. Read more →
Workrise makes its money by finding jobs for skilled laborers, handling their payroll and benefits and taking its cut from employers. The company works with Exxon Mobil Corp., General Electric Co. and First Solar Inc., among others. It sent more than four times as many people into renewable energy last year compared with 2019… Read more →
Silvia Alvarado de Córdova has more than 30 years of experience in the energy sector in her country, Guatemala, and in Central America and the Caribbean, holding positions in both the public and private sectors and in international cooperation. Read more →
Silvia Alvarado de Córdova tiene más de 30 años de experiencia en el sector energía de su país, Guatemala, y de América Central y el Caribe, desempeñando funciones tanto en posiciones del sector público como en el sector privado y de cooperación internacional. Read more →
