Energy Update
by Karen Uhlenhuth, Energy News Network
Iowa’s largest utilities have dramatically scaled back efforts to help customers conserve energy since a 2018 law gutted the state’s efficiency requirements.
MidAmerican Energy reported kilowatt-hour savings for 2020 that were 64% lower than what the utility achieved the year before the law took effect. Alliant Energy’s savings were down 40% during the same period.
Belgium-based Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside the country. The company will use a €150 million (US$177.8 million) loan from the European Investment Bank (EIB) to construct its $675.9 million Arcadis Ost 1 wind farm.
The U.S. is taking a multifaceted approach to addressing forced labor allegations against Chinese suppliers of silicon and polysilicon. This article assess the impacts for the solar panel supply chain
On June 24, 2021, the Biden administration took several steps to respond to allegations of forced labor and human rights abuses against Uyghurs and other minority groups in China. These measures included the targeting of certain Chinese suppliers of silicon and polysilicon.
Bloomberg reported this week that over 2.66 billion doses of coronavirus vaccines have now been administered across the globe, with the bulk of those doses received in Western nations.
Arizona’s Salt River Project (SRP) announced in January 2020 plans to close its Coronado Generating Station (CGS), a coal-fired power plant, no later than 2032 and to reduce its workforce by 40% by 2025. Last week SRP announced that it is putting together and economic transition plan to help the community make the transition.
Queensland’s largest hydropower station, the 570-MW Wivenhoe Pumped Storage Hydroelectric Power Station, will undergo a $14 million overhaul to ensure it continues to produce cleaner, cheaper energy for years to come.
Last month Priority Power Management, LLC (Priority Power), an independent energy services provider announced that it has entered into a Solar Development Services Agreement (DSA) with FireBird Energy LLC, an upstream oil and gas company operating numerous properties in the Midland Basin in Texas.
Last week Mortenson said it has started work at Terra-Gen’s 60-MW Oasis Wind project located in Mojave, California. The work involves the repowering of a project first operational in 2004. Mortenson will replace sixty 1-MW turbines with seventeen state-of-the-art, 3-MW class turbines.
Special interest groups across the country are working to stall the growth of rooftop solar, according to a new report released last week by Environment America Research & Policy Center and U.S. PIRG Education Fund.
Much has been written and discussed in the last several months about SPACs, or special purpose acquisition companies. What is a SPAC, and what are the possible applications of this capital raising and acquisition strategy in the energy industry? These questions, and more, answered below.
By Steve Carman
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