A combination of climate-fueled extreme weather events and a reliance on fossil fuels could raise the electricity bills of many Floridians this spring. Three of the state’s largest utilities — Florida Power & Light (FPL), Duke Energy and Tampa Electric Company (TECO) — have asked the state’s Public Service Commission (PSC) to approve rate hikes […]
Two weeks of unrelenting rains in California have killed more people than have died directly from wildfires in the last two years — and the deluge is not over. At least 19 people have died across 10 counties. While officials expect that number to rise, it will also be incomplete. “Those living in our streets […]
Massive failures of methane gas- and coal-fired power plants during “Winter Storm Elliott” left PJM — the country’s largest grid operator — more than 40 gigawatts short over the Christmas weekend, officials said during a public meeting Wednesday. Methane gas plant failures accounted for 70% of PJM’s total outages, with some plants giving little or […]
The future looks bright for the solar industry in the U.S., with average yearly growth predicted to be 21 percent from 2023 to 2027, thanks to the passage of last year’s Inflation Reduction Act (IRA), the Solar Energy Industries Association reported. Companies that make solar panel components are eligible to claim tax credits under the […]
Major brands in the tech and auto industries, including Google, Ford and General Motors, along with solar energy companies, like SunPower and Sunrun, have joined a coalition led by global energy transformation nonprofit Rocky Mountain Institute (RMI). The mission of this Virtual Power Plant Partnership (VP3)? To standardize and create policies for virtual power plants. […]
A record amount of electricity in Great Britain was produced by wind farms in 2022, but most of its power still came from gas-fired plants, according to the National Grid. Wind farms provided 26.8 percent of Britain’s electricity last year, up from 21.8 percent in 2021, reported Reuters. The biggest offshore wind farm in the […]
In September, 2022 the European Union (EU) decided that it would tax excess profits from fossil fuel companies in response to the energy crisis. One of those companies, however, is not taking kindly to the so-called “solidarity levy.” Exxonmobil announced on December 28 that it was suing the bloc over the windfall tax.
By Rachel Kyte The year 2022 was a tough one for the growing number of people living in food insecurity and energy poverty around the world, and the beginning of 2023 is looking bleak. Russia’s war on Ukraine, one of the world’s largest grain and fertilizer feedstock suppliers, tightened global food and energy supplies, which […]
As of July 2022, the United States had the most liquefied natural gas (LNG) export capacity in the world and had exported more LNG than any other country, the U.S. Energy Information Administration (EIA) said. LNG is natural gas that has been cooled to about minus 260 degrees Fahrenheit so that it is in a […]