Energy Exchange

Ohio needs a clean energy future, not a no-strings-attached bailout

It’s understandable that FirstEnergy’s hometown newspaper, the Akron Beacon Journal, supports its own utility monopoly. Yet justifying that support and advocating for FirstEnergy’s proposed nuclear bailout on environmental grounds is a surprise…and misdirected.

FirstEnergy’s proposal merely is yet another attempt to force customers to prop up its uneconomic power plants. Blanket subsidies for nuclear without any additional considerations will only delay the transition to a cleaner energy future, and we can’t afford to delay. Read More »

Posted in FirstEnergy, Ohio / Comments are closed

We already know which grid fixes can keep lights on during bad storms. Here are 3.

After a record-breaking hurricane season and catastrophic wildfires in California, the vulnerabilities of our electric system – and the urgent need to upgrade it – have never been clearer.

It took more than 10 days of around-the-clock work to restore electricity to 350,000 customers after fires struck California wine country last month. Returning service to all 4.4 million power customers in Florida after Hurricane Irma took almost as long – and 70 percent of Puerto Ricans still lack power six weeks after Hurricane Maria.

Such crippling outages contribute to $250 billion in economic losses globally every year.

But there are solutions available on the market today that can reduce the impact of these outages. By investing in technologies that modernize our electric grid, and with careful planning, we can also create a cleaner and more efficient electricity system overall. Read More »

Posted in Clean Energy, General, Grid Modernization, Renewable Energy, Voltage Optimization / Tagged , | Comments are closed

If we don’t talk about water, are we really talking about resiliency?

It’s time to rely on water-smart power

Energy Secretary Rick Perry is trying to prop up coal and nuclear companies under the guise of enhanced “resiliency.” The Department of Energy’s (DOE) proposal does not define resiliency, nor does it even make clear what resiliency means in the context of the electric grid.

Resiliency in the energy sector generally, however, depends on water. The majority of the electricity that powers our world runs on century-old technology, guzzling down our most precious resource: water. Depending on the type of technology, generating just one megawatt-hour of electricity could use anywhere from 500 to 50,000 gallons. Solar and wind, on the other hand, use negligible amounts of water, and energy efficiency uses none.

Yet neither the DOE’s proposal nor its recent study on grid reliability touches on climate and water. Specifically, there is no mention of how climate change affects water availability or what that means for electric reliability. If Secretary Perry is really concerned about resiliency, water should be a key focus. And as a former governor from a drought-stricken state, he should know better. Read More »

Posted in Clean Energy, Electricity Pricing, Energy-Water Nexus, Grid Modernization / Read 1 Response

Oil & gas CEOs up their methane pledge: Here’s what to watch for as promises turn to action

This post was co-authored by Drew Nelson

The CEOs of ten leading oil and gas companies today announced intentions to move toward “near-zero” methane emissions, pledging to set a quantitative reduction target by this time next year. At first blush, it might sound like a modest step – a promise to make a promise. In fact, the CEOs announcement constitutes an important and welcome recognition that oil and gas methane emissions impact the climate, are too high, and must be reduced. The new pledge comes just days after the International Energy Agency previewed its analysis showing that methane is a “critical issue for the long term natural gas outlook” and steep emission reductions are possible with today’s technology, and enormously cost effective.

From Social Issue to Business Issue

The 10 companies, which together are responsible for 20 percent of global production, joined forces three years ago to form the Oil and Gas Climate Initiative. Last year, they invested $1 billion to accelerate commercial deployment of low carbon energy technologies. The new pledge is the next important step on the road to decarbonizing their operations, with methane playing a central role. Read More »

Posted in Climate, Methane, Natural Gas / Tagged | Comments are closed

Three reasons Westerners are fighting to defend federal methane waste standards

Westerners are a hardy bunch. They are used to working through adverse conditions and making the best of what the land provides. That includes fighting to defend requirements from the U.S. Bureau of Land Management that are designed to cut wasted natural gas and maximize revenue for community projects. This is despite repeated attempts from the Trump Administration to undercut these regulations and sell taxpayers short.

Here are three reasons communities and individuals from across the Mountain West are fighting to defend methane waste rules:

  1. Westerners hate waste: $1.8 billion and counting. That’s the value of taxpayer-owned natural gas that has been wasted since 2013 when the BLM began developing a new set of standards to address this problem. The rules finalized last November would help cut that waste and recover millions more in tax and royalty revenues for the western communities faced with impacts from oil and gas development that need it most.

Read More »

Posted in BLM Methane, General, Methane, Natural Gas / Comments are closed

Department of Energy’s proposal to FERC: Too many costs, no actual benefits

By Natalie Karas, Michael Panfil, and Rama Zakaria

Department of Energy (DOE) Secretary Rick Perry recently proposed that the Federal Energy Regulatory Commission (FERC) provide new revenues and guaranteed profits to the owners of inefficient and aging coal and nuclear power plants at the expense of American homeowners and businesses. These aging units are losing out to more efficient and innovative ways to generate power, reduce peak demand, and foster participation and competitive in the markets. EDF filed comments – separately and with a coalition of environmental organizations – today opposing DOE’s proposal to diminish, if not destroy, the integrity of competitive wholesale electricity markets.

The proposal is plagued by both procedural and substantive infirmities. It prevents informed outcomes by shortening FERC’s generally lengthy rulemaking process to a mere 60 days – offering little time for key stakeholders to participate. And it directs an independent, fuel-neutral federal agency to bankroll favored companies and energy sources under the guise of “resiliency,” a term the proposal does not define, applied to a problem that does not exist. In fact, a study released today shows “no clear relationship” between increased reliability and more coal and nuclear power. Read More »

Posted in Clean Energy, Electricity Pricing, Grid Modernization / Comments are closed