Articles filed under Energy Policy
Frydenberg set to drop clean energy target; Mr Frydenberg told the summit that emissions in the electricity sector had fallen over the last two quarters as a consequence of the closure of coal-fired power stations and flatlining demand, but said this could not continue if it made power less reliable or affordable.
Germany has spent an estimated 189 billion euros, or about $222 billion, since 2000 on renewable energy subsidies. But emissions have been stuck at roughly 2009 levels, and rose last year, as coal-fired plants fill a void left by Germany’s decision to abandon nuclear power. That has raised questions — and anger — over a program meant to make the country’s power sector greener.
The committee’s charge is rather to ask a fairly narrow set of questions about a rule, Benning said, including whether it meets the intent of the legislation that enabled it, whether the rule is arbitrary, and whether its potential economic effects are adequately described. Benning said he’s satisfied the rule meets all these criteria.
An Associated Press review of state lobbying records found that in 2016, energy interests reported spending a combined $6.7 million lobbying Beacon Hill. Six out of every 10 of those dollars — or about $4.1 million — came from groups pushing renewable energy initiatives or fighting against fossil fuel-related projects, like the construction of natural gas pipelines.
Energy Secretary Rick Perry on Friday ordered FERC to rescue at-risk nuclear and coal generation by ensuring they receive “full recovery” of their costs.
So why are Maryland politicians and environmental groups pushing increasingly tougher renewables mandates? The answer involves a common dynamic in politics: the “bootleggers and Baptists coalition.” In Southern “dry” counties, alcohol prohibition is favored by both Baptists and bootleggers (for very different reasons). Likewise, renewable energy mandates are favored by both high-minded (but sometimes naïve) environmentalists and not-so-high-minded but very shrewd energy companies and their Wall Street backers. Maryland’s mandate ensures those companies and financiers will have a profitable market for their expensive electricity.
In between a morning briefing marked by vehement anti-wind sentiment and an afternoon hearing for a study on public power ordered by the Nebraska Legislature’s Natural Resources Committee, opponents on the Capitol steps protested wind farms and a 225-mile electric transmission project planned to traverse the Sand Hills.
The three-member Michigan Public Service Commission unanimously issued a rule on a section of the state's new energy law that sets the phased-in requirement for alternative energy suppliers, who serve customers who buy power from a company other than the state's large electric utilities. Those customers include 200 school districts and thousands of businesses, which typically get cheaper rates in the program.
The bill ran afoul of the powerful International Brotherhood of Electrical Workers, Local 1245, which said that sponsor Kevin de Leόn, the president of the State Senate, had gone back on a promise to include amendments to protect union jobs and to assure the security of the power grid. De Leόn's office denied that he promised any amendments to the local, which represents most utility workers in Northern California.
Households are paying some of the highest electricity prices in the world and manufacturing industries have been closing or downscaling because of cost pressures created in part by rapidly rising power prices. Energy bills are also creating commercial hardship for struggling retailers as well as hospitality and other sectors. The largest single factor in the power crisis is the renewable energy target demanding 23 per cent of electricity be supplied by renewables, which are subsidised by consumers.
Senate Bill 100 from state Senate President Pro Tem Kevin de León (D-Los Angeles), would phase out fossil fuels for generating electricity within three decades. ...But champions of the efforts have struggled to overcome disagreements among unions, utilities, environmentalists, energy companies and lawmakers in the final days of the legislative session.
Utility companies and the California Independent System Operator, which operates the state's electric grid, say changing from independent oversight of the power system to regional oversight will increase efficiency and help expand clean energy.
According to ISO New England Inc., a non-profit group focused on transmission systems, between 7,000 and 8,000 MW of generation could be shut down in the next 10 years as state regulators scramble to meet their climate goals. In January, officials confirmed the 2,000-MW Indian Point nuclear facility, located about 77 kilometres north of New York City, would be shut down in 2020.
Oklahoma lawmakers are considering a bill that would require new wind farms to get approval from the aeronautics commission, which is pushing for more oversight. Another proposal would require the state's military commission to sign off before new wind farms break ground.
Germany is jeopardizing its reputation as a global leader on climate action by missing its own 2020 greenhouse gas emissions-reduction target ...By 2016, German emissions had fallen 28 percent compared to 1990. The German government has already admitted it's unlikely to meet the 2020 target, forecasting an emissions cut of 35 percent. But the new analysis suggests even this may be over-optimistic.
The Australian Energy Market Operator confirmed wind generation output during times of peak demand could fall to as low as 2 per cent of installed capacity. Even when spread geographically across the entire National Electricity Market, wind power could not be guaranteed to deliver more than 5 per cent of its promise.
The letter and accompanying resolution — both supported 5-0 — cite the dangers of 500-plus-foot wind turbines and the associated transmission lines they say will forever spoil the “world class beauty” of the region.
Early construction is ongoing at the site near Rawlins, and needs to continue without pause if the company is to qualify for the federal subsidy. If it qualifies for the tax credit, it would last for up to 10 years, she said. Firms that began construction by last year keep the subsidy for a decade. The Power Company of Wyoming is not confident that the second phase of development, for an additional 500 turbines, will qualify for the tax credit.
Rather, said CEO Christine Hallquist, the explosion of such projects in that region has overwhelmed the utility’s distribution network to the point that wind turbines are already being forced on some days to curtail energy production in order not to overload the grid.
In fact, they will require virtually complete electrification of these states’ economies to eliminate almost all fossil fuel consumption, not just the small percentage of fossil fuels devoted to generating electricity. The costs to consumers and taxpayers will be trillions of dollars, with virtually no benefits. Indeed, as I show in a recent report for the Manhattan Institute, the numbers behind these 80-by-50 mandates just don’t add up.