Energy in the News

Each week, C2ES provides a roundup of top energy news. Each headline below links to the full story at the original news outlet, which is solely responsible for its content.  Additional links to relevant C2ES resources are also provided.

Week of February 6, 2017

  • Solar keeps up torrid pace as job creator (Energywire – subscription)
    Solar industry job creation grew by 24.5 percent from November 2015 to November 2016, according to the National Solar Jobs Census, an annual report released today by a nonprofit called the Solar Foundation. That follows on almost 20 percent growth in 2015, about 22 percent in 2014 and almost 20 percent in 2013.
    More from C2ES on solar
  • Oklahoma Gov. Fallin proposes wind tax, accelerated phase-out of state tax credit (Utility Dive)
    Oklahoma Gov. Mary Fallin (R) released a proposed executive budget this week that included a $0.005/kWh tax on wind generation and called for the early phase-out of incentives she says are no longer necessary.
  • Offshore wind moves into energy’s mainstream (New York Times)
    It is precisely the size, both of the projects and the profits they can bring, that has grabbed the attention of financial institutions, money managers and private equity funds, like the investment bank Goldman Sachs, as well as wealthy individuals like the owner of the Danish toymaker Lego. As offshore wind technology has improved and demand for renewable energy has risen, costs have fallen.
    More from C2ES on wind

Week of January 30, 2017

  • Natural gas-fired generating capacity likely to increase over next two years (Energy Information Administration) 
    The U.S. electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018, based on information reported to EIA. On a combined basis, these 2017–18 additions would increase natural gas capacity by 8 percent from the capacity existing at the end of 2016.
    More from C2ES on natural gas
  • European coal dependence not as high as assumed, in continual decline, reports EIU (Clean Technica)
    A new report from the Economist Intelligence Unit (EIU) has concluded that Europe’s coal consumption has been in long-term decline, and the region’s reliance on it is not as uniformly high as many assume. The report shows that coal generation across Europe has fallen consistently since 2013, falling more than 10 percent and negating the modest increase in coal generation that was seen at the beginning of this decade. As a result, coal’s share of power generation in Europe has fallen below 25 percent. 
    More from C2ES on coal
  • Duke, Schneider pair up to build two microgrids in Maryland (Utility Dive)
    Schneider Electric and Duke Energy Renewables have signed an agreement to deploy two advanced microgrids to serve the Montgomery County, MD, Public Safety Headquarters and Correctional Facility.
  • D.C. forges ahead with modernization effort (Energywire – subscription)
    The nation's capital, which is home to 650,000 residents, is taking key steps to modernize its electric grid and gas distribution system. The D.C. Public Service Commission has been the driving force behind this push for modernization.
    More from C2ES on electricity
  • 5. World's largest energy storage project opening in San Diego (Greenwire - subscription)
    The largest battery storage project in the world will open in days in San Diego County, part of a surge of Southern California energy storage projects coming online.
    More from C2ES on electrical energy storage

Week of January 23, 2017

  • Trump revives Keystone Pipeline rejected by Obama (New York Times)
    President Trump moved assertively on Tuesday to further dismantle his predecessor’s policies as he revived the Keystone XL pipeline that stirred years of debate over the balance between the nation’s energy needs and efforts to stem climate change.  
    More from C2ES on Keystone XL Pipeline
  • Canadian drillers brave deep freeze as oil patch revives (Bloomberg)
    From the tight-oil plays of Saskatchewan to the oil sands of northern Alberta, Canada’s energy producers are returning to growth mode after more than two years enduring the worst market rout in decades. They are leaner and more efficient after cutting staff, shelving projects and reducing costs since the downturn. Cheaper crude doesn’t feel so painful any longer.
  • Global crude oil balances expected to tighten through 2018 (Energy Information Administration)
    Global production and consumption (of crude oil and other liquids) are both projected to increase through 2018, but consumption is expected to increase at a faster rate than production. As a result, global balances are expected to tighten.
  • Efficiency, not EVs, will make biggest dent in oil use — BP (Climatewire – subscription)
    Though more electric vehicles will hit roadways over the coming decades, the global oil industry will see a bigger impact from cars and trucks that go farther with less fuel, cutting oil demand growth by 16 million barrels per day over the next 20 years, according to a forecast by oil major BP PLC.
    More from C2ES on oil
  • N.Y. utility gives green light to largest project in U.S. (Energywire - subscription)
    A New York utility approved the largest-ever offshore wind project in America, and officials said it shouldn't add much more than a dollar to customers' monthly bills. The Long Island Power Authority, a public utility that reports to Gov. Andrew Cuomo (D), gave the green light to a 90-megawatt project off the South Fork of Long Island. The target operation date is Dec. 1, 2022.
    More from C2ES on wind

Week of January 16, 2017

Week of January 9, 2017

  • Renewable generation capacity expected to account for most 2016 capacity additions (Energy Information Administration)
    Once final data are in, EIA expects 24 gigawatts of new generating capacity to be added to the power grid during 2016. For the third consecutive year, more than half of these additions are renewable technologies, especially wind and solar.
    More from C2ES on electricity
  • Industry milestone: NuScale asks NRC to approve small reactor (Greenwire - Subscription)
    NuScale Power LLC has become the first U.S. company to apply for federal approval of a small modular reactor design, a technology embraced by boosters of nuclear power as a way forward for their industry and a carbon-free replacement for coal-fired plants.
    More from C2ES on nuclear
  • Natural gas prices in 2016 were the lowest in nearly 20 years (Energy Information Administration)
    Natural gas spot prices in 2016 averaged $2.49 per million British thermal units (MMBtu) at the national benchmark Henry Hub, the lowest annual average price since 1999. The monthly average price fell below $2.00/MMBtu from February through May, but later increased, ending the year at an average of $3.58/MMBtu in December. Warmer-than-normal temperatures for most of the year and changing natural gas demand were the main drivers of natural gas prices in 2016.
  • Shell ethane-cracker plant moves forward with local approval (Pittsburgh Post-Gazette)
    Potter Township, Pennsylvania moved a step closer to approving Shell Chemical Co.’s multibillion-dollar petrochemical complex along the Ohio River in Beaver County after an impassioned and disruptive hearing.
    More from C2ES on natural gas
  • World’s biggest carbon capture project in service on schedule (Financial Times)
    The world’s largest project capturing carbon dioxide emissions from power generation has come into service in the U.S. on time and on budget, pointing the way towards a potentially viable future for the technology as a way to curb greenhouse gas emissions.
    More from C2ES on carbon capture
  • Coal production declines in 2016, with average coal prices below their 2015 level (Energy Information Administration)
    U.S. coal production in 2016 is expected to total 743 million short tons, 17 percent lower than in 2015, and the lowest level since 1978. Falling production in 2016 continues an eight-year decline from peak production in 2008.
    More from C2ES on coal

Week of January 2, 2017