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Energy

Electricity from Renewables Cost Competitive with Coal

Linda Hardesty

Although a recent story from Spectrum IEEE said Google researchers gave up on a project to produce electricity from renewables more cheaply than electricity from coal, a story in the New York Times says some renewable electricity is already cost competitive with coal. The story cites a study by the investment banking firm Lazard, which   …Continue Reading


Norwegian Pension Fund Divests from Coal

Linda Hardesty

Norway’s largest manager of pension funds, KLP, is totally divesting from coal companies and instead investing about $75 million in renewable energy companies, reports NewsinEnglish.no. KLP is Norway’s second largest investment company, ranking only behind the country’s “oil fund.” The decision means KLP will drop 20-30 companies from its portfolio of about 3,000 companies. “We’re   …Continue Reading


NREL Conducts Tests with SolarCity, Hawaiian Electric

Linda Hardesty

The Energy Department’s National Renewable Energy Laboratory (NREL) and SolarCity have entered into a cooperative research agreement to address the operational issues associated with large amounts of distributed solar energy on electrical grids. The work includes collaboration with the Hawaiian Electric Companies to analyze high penetration solar scenarios using advanced modeling and inverter testing at   …Continue Reading


SunEdison Buys First Wind for $2.4B

Karen Henry

SunEdison and TerraForm Power have signed a definitive agreement to acquire Boston-based First Wind for $2.4 billion. The acquisition marks SunEdison’s entry into the US wind market, doubling the company’s total addressable market and making SunEdison the world’s largest renewable energy development company. An indirect subsidiary of SunEdison, TerraForm owns and operates renewable energy projects acquired   …Continue Reading


NY Awards $206M for 4 Large-Scale Renewable Projects

Linda Hardesty

New York awarded $206 million to four upstate large-scale clean energy projects: two large wind farms, one in Western New York and the other in the North County, a large new hydroelectric project in the Mohawk Valley and a small hydroelectric upgrade to an existing dam in the Hudson Valley. Once operational, the four projects   …Continue Reading


Ivanpah Falls Short of Expectations

Karen Henry

There’s a problem with the Ivanpah Solar Electric Generating System, Forbes reports. The $2.2 billion, 392 MW plant is located on five square miles in the Mojave Desert, where the sun always shines. It is supposed to produce a billion kWh per year for 25 years. This year, however, Ivanpah will produce less than .4 billion   …Continue Reading


Plenty of Natural Gas, Says Short Term Energy Outlook

Linda Hardesty

According to the Energy Information Administration’s November 2014 Short-Term Energy Outlook, power generation capacity in the Northeast is undergoing a significant change as the Vermont Yankee nuclear power plant is scheduled to cease operations in December and nearly 3 GW of coal-fired capacity has been retired in the region in the last year. Much of the   …Continue Reading


Map Shows Diverse Sources of Energy in US

Linda Hardesty

The US Department of Energy has created a fun map, showing what kinds of energy are produced in each state. The size of each circle represents the volume of the energy produced in that state, and by clicking on each state, viewers can see a pie chart of the state’s energy production, between several types   …Continue Reading


Real-Time Energy Markets Bring Millions in Cost Savings

Karen Henry

The California Independent System Operator Corporation (ISO) and Portland-based PacifiCorp have launched the Energy Imbalance Market (EIM). The real-time market—covering California, Oregon, Washington, Utah, Idaho and Wyoming—went live November 1 and is the first of its kind in the West. EIM analyzes the needs of the grid every five minutes and then automatically finds the   …Continue Reading


Constellation Completes Purchase of Integrys Energy Services

Linda Hardesty

Constellation has completed its acquisition of Integrys Energy Services, a competitive retail electricity and natural gas subsidiary serving about 1.2 million commercial, industrial, public sector and residential customers across 22 Midwest, mid-Atlantic and Northeastern states and the District of Columbia. The combined company now serves more than 2.5 million customers across the continental US. Within the   …Continue Reading


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