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Today’s high energy prices are the result of recent events and long-term strategies. Reliance on fossil naturalgas and the slow adoption of renewable energy contributed to electricity bills in New England in the first nine months of 2022 that are $5 billion higher than the prior year.
We urgently need more action and oversight from policymakers at every level, from Congress to federal and state regulators, to address the consequences of methane gas overreliance head-on. Over the past 30 years, the use of gas in the power sector has more than tripled, now responsible for 37 percent of the power sector’s net generation.
The Department of Energy’sEnergy Information Administration (EIA) is one of the go-to sources for reliable information about the US power sector. They just released their 2022 “Annual Energy Outlook” (AEO), which is a big deal: it tells us where electricity is headed over the next 30 years.
Just how bad is fossil “natural” gas? And, as it turns out, the infrastructure used to produce, store, distribute, transmit, and burn gas leaks like a sieve , making gas as bad as coal for the climate. percent higher than the number of wealthier residents, according to a 2022 UCS study.
August 9, 2022. Despite their concerns over nuclear waste, tribal leaders are celebrating a $46 million grant from Minnesota’s Renewable Development Fund, which will allow them to draft a new cleanenergy plan based on solar and geothermal energy. October 11-13, 2022: Great Lakes Commission Annual Meeting – register.
PPL continues to serve Kentuckians reliable, low-cost, clean electricity and naturalgas. Even more, the company has begun executing its cleanenergy strategy, which is part of their effort to achieve net-zero carbon emissions by 2050.
5060 ), titled An Act Driving CleanEnergy and Offshore Wind, into law on Thursday August 11, 2022. The new climate act gives the public a larger role in the planning process for naturalgas utilities and seeks to ensure that plans for line replacements are in line with the state’s decarbonization goals.
By John Quigley, Senior Fellow, Kleinman Center Next year, the electricity bills for twenty percent of Americans will start reflecting the high cost of failing to transition to cleanenergy. Massive amounts of cleanenergy generation and storage projects are backlogged in PJM.
EPA on Thursday, June 30, 2022, curbing the power of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions from power plants across the country. The decision focuses on EPA’s authority under a specific section of the Clean Air Act. What does this mean for cleanenergy projects?
The first wind turbine erected at the Hollandse Kust Zuid wind farm in April 2022. The combination of offshore wind turbines, floating solar panels and green hydrogen are some of the hybrid cleanenergy technologies currently under development off the Dutch coast. . Photo credit: Vattenfall / Ties van der Horst.
This is DLC’s second annual ESG report and, for the first time, discloses year-over-year performance metrics from a 2022 baseline. The report covers a wide range of topics addressing risks and opportunities that DLC faces as it pursues a cleanenergy future for all while securing the economic vitality of the Pittsburgh region.
The November 2021 Infrastructure Investment and Jobs Act (IIJA), also referred to as the Bipartisan Infrastructure Law, or BIL, includes an $8 billion “regional clean hydrogen hubs” program that charges the Department of Energy (DOE) with the development of at least four hydrogen hubs to advance the nation’s clean hydrogen sector.
In response, Europe has scrambled to replace flows and decouple this dependence , in part by shifting away from gas to cleanenergy alternatives, in part by increasing local gas production, and in part by turning to imports of liquified naturalgas, or LNG—including from the US. Credit: U.S. Credit: U.S.
The world’s biggest fossil fuel companies recently released their 2022 earnings reports, revealing record-breaking profits last year; just five companies–ExxonMobil, Shell, BP, Chevron, and TotalEnergies–reported a total of nearly $200 billion in profits. billion, respectively, during 2022. billion and $35.5
Gas plants failed at a scale that jeopardized grid reliability for large regions of the United States during severe winter storms in 2011 , 2014 , 2018 , 2021 , and 2022. And earlier this year, gas plants failed at an alarming rate during Winter Storms Heather and Gerri. Unfortunately, this isn’t a rare problem.
That requires bringing global energy-related carbon dioxide emissions to net zero by 2050. To meet that goal, the International Energy Agency’s Net Zero Roadmap released in 2021 says no new oil and gas supply projects can come online.
US ratepayers very likely will pay even more for electricity and heating this winter compared to the already-expensive winter of 2021-2022. Gas supply has been struggling to keep up with demand since coronavirus vaccines made available in 2021, which enabled the economy to get back on track more quickly than expected.
B is for Beyond Petroleum In the 1990s, BP famously rebranded itself as “ Beyond Petroleum ,” then backpedaled from its plans to invest in renewable energy. It’s déjà vu all over again in 2023, with BP rolling back its climate pledges after record-breaking 2022 profits since Russia’s unjust war on Ukraine.
Unfortunately, the very source of the TVA’s grid failure during Winter Storm Elliott in the winter of 2022 is the same source of energy that the TVA is now doubling down on : gas. Note: “Naturalgas” is an industry misnomer; UCS considers methane, fossil gas, and gas to be much more appropriate terms for this energy source.)
cranks its air conditioners to get through historic high temperatures , the need for energy that slows, not hastens, climate change is more apparent than ever. Yet, in 2022, almost 40% of electricity in the US was generated by power plants fueled by naturalgas. I’ll be using the term “gas” from here on out.)
Key Takeaways Here are some key takeaways from the hearing-- -- NaturalGas Continues To Have A Reliability Problem: 70% of the PJM electric generation that failed to perform during the December freeze were naturalgas-fired power plants. Energy Information Administration. Chairman Dutrieuille noted, “The U.S.
With the cleanenergy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). I’ll start off with the good.
By Dave Jenkins, Conservatives For Responsible Stewardshi p The following goest essay first appeared in the Erie Times on March 27, 2023 -- We are at an inflection point on energy: 2022 was the first year when global investment in carbon-free sources of energy matched investment in fossil fuels. High overseas demand for U.S.
Chicago just released its Draft 2022 Climate Action Plan (CAP), an update of the city’s 2008 CAP to reduce citywide emissions 25 percent by 2020 from 1990 levels. To improve the lives of all Chicagoans, the plan prioritizes environmental justice, household savings, public health, and cleanenergy. billion Chicago Recovery Plan.
In order for states in PJM to take full advantage of incentives under the federal Inflation Reduction Act (IRA), PJM must remove barriers to meeting the market and policy demand for cheap and cleanenergy. They include solar, wind or energy storage facilities. Read more here.] Click Here for a copy of the report.
One of the most significant changes is "enhance resource accreditation" that would more accurately assess the reliability value of naturalgas-fired power plants which accounted for 70% of the power plant outages in PJM during Winter Storm Elliot.
On March 7, the Independent Fiscal Office issued its latest Pennsylvania Electricity update that reports the electricity grid is dependent on one fuel for 59% of the state’s electricity generation-- naturalgas-- followed by nuclear power-- 31.9%, coal-- 5.4% In 2010, the mix was 48% coal, 34% nuclear, 15% gas and 2% renewables.
The FERC-NERC review of the 2021 outages found 81 percent of freeze-related plant outages occurred at temperatures warmer than the plants were designed to meet and 87 percent of outages due to fuel issues were tied to naturalgas. Similar extreme cold weather caused grid emergencies in 2011, 2014, 2018, and again in 2022.
In the 2022 summer heat wave in Europe, 90% of heat-related deaths were people aged 65 and older. Exposure to air pollutants emitted from gas production aggravates existing respiratory illnesses and has been linked to increased childhood asthma rates. These reforms will be a much bigger boon to grid reliability and grid equity.
I’m not going into the pros and cons of these various measures, but suffice it to say that each one is problematic in its own way, and decisionmakers clearly need more options as the grid transitions from fossil fuels to renewable and cleanenergy sources. All that being said, it’s still 2022 and September is upon us.
The answer is simple and one that CRES Forum unequivocally supports: An all-of-the-above energy approach. TVA’s energy portfolio embraces reliable baseload power like nuclear energy and naturalgas while also incorporating renewables such as solar and hydro power.
On December 7, CleanEnergy Fuels Corp. announced it has begun providing renewable naturalgas (RNG) for the Centre County Recycling and Refuse Authority in Bellefonte, Centre County, supporting a transition to a cleaner, low-carbon fuel produced from organic waste.
NaturalGas Outages Of the 47,000 MW of generation outages on December 23-25, PJM now says naturalgas accounted for about 63 percent, coal 28 percent, oil 4 percent, nuclear 2 percent, hydro 1 percent and “other” 1 percent, according to PJM’s latest report. Read more here. Read more here. Read more here.
Fossil-fueled power is expensive Even if you put health and environmental costs aside—which you shouldn’t, and I’ll get to those in a second—fossil-fueled power just doesn’t make economic sense given more affordable energy sources. For gas, the leading cause of plant outages was fuel supply issues.
In August of 2023, Premier Smith imposed a seven-month industry-wide moratorium on new approvals for wind, solar, geothermal, and other forms of renewable energy. The halt cost cleanenergy investors, renewable energy companies, and provincial and municipal governments more than $30 billion in delayed, deferred, or lost investments and taxes.
NaturalGas Is An Intermittent Generator Rep. Craig Williams (R-Delaware) noted the PUC’s testimony said naturalgas provides 53% of elected generation in Pennsylvania in 2021, nuclear power 33%, coal just 12% and renewables and other sources the remainder. The issues were actually at the wellhead. “It
On December 12, the Ohio River Valley Institute released a new report showing an energy decarbonizing strategy based on zero emissions resources, energy efficiency and increased electrification is 13 percent less costly than a strategy based on hydrogen/naturalgas and carbon capture in 10-county Southwest Pennsylvania area.
All across the country, coal- and gas-fired power plants are still running, still polluting, and still showing signs of staying relentlessly online. And more gas is slated to come. The Supreme Court clipped the agency’s wings in its 2022 West Virginia v. In June 2022, the Supreme Court issued a 6-3 decision in West Virginia v.
The Ohio River Valley Institute will host a December 12 webinar on Mapping A CleanEnergy Transition for Southwestern Pennsylvania starting at 2:00 p.m. billion by 2050. -- Costs 13% less than a pathway reliant on naturalgas and carbon capture technologies. Posted: December 9, 2022] PA Environment Digest
It will save school districts and taxpayers money, create new learning opportunities and invest in statewide cleanenergy,” she added. GW Of Coal, NaturalGas Power Plants Being Offline; Renewables Logged New Records In Generation -- Reuters: Jobs In US Energy Grew 3.8%
The Federal Energy Regulatory Commission accepted the rule, with the expectation such a carrot-and-stick approach fit with the broader market-based system that rewards generator owners in PJM. Demand for energy to heat buildings went up as temperatures fell.
In 2023, less than 2,200 MW of projects have come online; in 2022, that number was 2,000 MW. This should save them, particularly smaller developers, time and money and result in more viable projects to be studied by PJM. FERC approved the interconnection process reforms on Nov. Read more here.]
“It is only fitting that those counties which choose to support the safe and responsible development of our domestic energy resources benefit from those Impact Fee and Legacy funds,” said Sen. Posted: July 20, 2022] PA Environment Digest
The Council’s draft plan recommends a broad array of regulatory measures, legislation, and other state actions across every sector of the state’s economy – any and all of which could have significant implications for New York’s cleanenergy markets for decades to come.
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