Category Archives for Utilities
A new study by Energy Ventures Analysis has found that the EPA’s Clean Power Plan (CPP) will add $214 Billion to wholesale electricity prices by 2030. This is the second study this month that has predicted significant new costs for American energy users as a result of the CPP.
Far from being cost neutral or even cost-free, as the Obama administration has tried to claim, the CPP will have massive, nationwide impacts on electricity prices and system reliability. Among this new study’s findings,
- 45 states will face double digit price increases
- 16 states will have price increases of 25% or more
A new study, published by NERA and available on the AmericasPower.org website is detailing the heavy economic impacts of the EPA’s Clean Power Plan.
New analysis from NERA Economic Consulting shows the Environmental Protection Agency’s power plan comes with a hefty price tag that could approach $300 billion and raise electricity prices in each of the 47 states subject to the new regulation. …
This NatGeo article on the Boundary Dam project in Saskatchewan is a good, fast look at one attempt to employ carbon capture and storage technologies as a means of addressing CO2 emissions from coal-fueled energy.
Boundary Dam extracts 90 percent of the carbon from its smokestacks, then injects it into nearby oil wells to goose output. So far, it has captured 400,000 metric tons of carbon dioxide, according to its operator, SaskPower.
When it’s at full throttle by the end of this year, that number will go up to one million metric tons annually, SaskPower says—the same as taking more than 200,000 cars off the road. Its emissions would then be about one third that of a comparable new natural gas plant.
Betsy Monseu’s recently published article in the Electricity Journal is freely available via the link below until September 22nd. We encourage everyone to check it out while it is still available.
Coal is under pressure in the United States, and not the natural kind of pressure involved in its creation from plant material. The pressure coal is under today is of a distinctly unnatural kind, shaped by an increasingly far-reaching and unbalanced regulatory agenda. The energy playing field continues to be tilted away from coal, a primary target of that agenda. Yet coal’s leading position as a critical fuel in the electricity marketplace continues. Though its share of that marketplace has generally been trending down over the past several years, coal remains the largest of any fuel source for electric generation. The Energy Information Administration (EIA) forecasts coal to retain the leading position in 2015 as well as over the longer term – including a 34 percent share in 2040.
“Coal – Evolving in the Energy Space” – Regulatory Spotlight – Clean Power Plan
With the release of EPA’s final Clean Power Plan just one week before Coal Market Strategies, the timing of our conference couldn’t be better. Meet your coal sector colleagues in Park City, Utah August 10-12, 2015 and benefit from up-to-the minute expert insight and analysis on these critical regulations and other important topics.
Don’t miss out! Register today
EPA’s carbon rules will be addressed by two speakers:
Allison Wood, Partner, Hunton and Williams – Legal issues
While coal has lost market share in the U.S. due to a mix of low gas prices and extreme, anti-coal regulation, Rob Nikolewski’s recent Watchdog.org article shows how coal use is growing rapidly around the world.
“Coal remained the fastest-growing fossil fuel in 2013 in both absolute and relative terms, accounting for approximately 30 percent of global primary energy consumption, second only to oil,” said an IEA report on coal markets, released in December.
Another IEA report, published in May, tracking the progress of clean energy showed low-priced coal was the fastest-growing fossil fuel in 2013 and that coal production worldwide outpaced the growth of oil and gas in 2012.
Thanks to America’s Power for putting together this video showing the differences in spending priorities between America’s elected officials and average Americans.
This kind of situation always reminds me of the “Jelly Donut” scene in the movie Full Metal Jacket. The scene shows how a lack of thought and self-control (one recruit stealing a jelly donut from the mess hall) leads to damaging outcomes for an entire platoon of marine recruits. In the same way, short-sighted and destructive energy policies coming from a small group of self-focused ideologues in DC and various state capitals are having profound negative effects on American taxpayers and electricity users (read: the rest of the country).
Interesting article on the Utility Dive website that discusses the likelihood of Elon Musk’s stationary storage tech disrupting utility generators.
The short version of the article’s primary argument is that most people won’t have the space or finances to power a home solely on solar panels and Tesla’s batteries. It is much easier and far less expensive to use the existing transmission and utility network to act as the battery.
A recent report by Management Information Services takes a look at the massive, statewide impacts of TVA’s planned closure of almost 3,900 MW of coal-fueled generation and expectations for further closures in the near future. The broad, widespread economic and social impacts on Tennessee’s people, their economy, industry, and productivity are frightening.
A short read of the report’s findings are that, as TVA drops coal from its generation fleet, the people of Tennessee will pay dearly.
- 20% higher electricity rates
- $7 billion reduction in gross state product
- $700 million in lost state and local government tax revenues