Singapore’s sovereign wealth fund, GIC, agreed to buy a $2.05 billion minority stake in a Duke Energy Corp. unit, allowing the utility to forgo a planned equity raise as power companies nationwide prioritize renewable-energy development. Selling a 19.9% stake […]
President Joe Biden outlined ambitious new plans for taking on climate change on Wednesday, but the most potent weapon may already be in his arsenal. The five-member Federal Energy Regulatory Commission is poised to play a pivotal role fulfilling […]
President Joe Biden enlisted the entire U.S. government in the fight against climate change on Wednesday, even telling the Central Intelligence Agency to consider global warming a national security threat. Yet he left out coal […]
The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first […]
Energy News Beat Publishers Note: This is sad for the lower income and disproportionate impacted communities. They always pay the price, and our elected officials need to take care of them, rather than tax them past […]
Energy News Beat Publishers Note: The United States infrastructure is not designed, nor capable, of supporting the migration to Net Zero. The demands of power storage, wind and solar do not simply plug into the […]
Energy News Beat Publishers Note: So as we re-join the Pairs Climate Accord, will anyone take that note that China is not on track to keep their Net Zero obligations. It is not the US […]
Scout Clean Energy LLC, a Colorado developer that specializes in unique renewable energy projects, made a bet in 2016 that a 9,000-acre slice of hilly countryside in Carroll County, Ark., could host the first wind […]
The U.K. started receiving power through a new subsea cable from France, that’ll help ease supply troubles which led to record price spikes earlier this month. The first commercial flows of electricity through the 1,000 […]
Japan’s petroleum industry called on utilities to keep using oil-fired power plants as backups after the nation’s power market faced a supply crunch amid cold weather, the head of the Petroleum Association of Japan (PAJ) […]
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