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Major investors warn utilities against carbon capture and offsets

Major investors warn utilities against carbon capture and offsets A group of hundreds of major investors is urging electric utilities not to use offsets as part of their decarbonization efforts, and to minimize reliance on carbon capture because of its risks and high costs. But despite the warnings from major investors, the Department of Energy … Continue reading Major investors warn utilities against carbon capture and offsets

#Xcel, #Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target

Xcel, Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target Electric utilities have taken a leading role β€” by necessity β€” in efforts to decarbonize the global economy, according to CDP, a nonprofit that runs environmental disclosure systems for 13,000 companies worldwide. But two U.S. utilities disagree about … Continue reading #Xcel, #Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target

Utility regulators need to be a lot more proactive on climate resilience. Here’s how they can start.

Utility regulators need to be a lot more proactive on climate resilience. Here’s how they can start. As the country grapples with accelerating consequences from extreme weather events, new regulatory frameworks are needed to guide utility investments for added resilience. The chain of events during the first half of 2021 β€” from the Texas freeze … Continue reading Utility regulators need to be a lot more proactive on climate resilience. Here’s how they can start.

DOE: Climate change poses a threat to grid resiliency

DOE: Climate change poses a threat to grid resiliency The Obama administration has released a report examining the regional impacts of climate change, finding widespread impacts to the utility industry and a potential threat to grid resiliency. β€œIn recent years, record temperatures, droughts, and floods have damaged energy infrastructure and disrupted energy systems, affecting American … Continue reading DOE: Climate change poses a threat to grid resiliency

Warm Late Fall and Early Winter Across Most of Northern U.S.

Warm Late Fall and Early Winter Across Most of Northern U.S. Winter Natural Gas Demand Expected to be 10% Lower Than Last Year WSI (Weather Services International) has issued their latest seasonal forecast for the October-December period. The forecast indicates below-normal temperatures across the southern Plains into the Southwest, with above-normal temperatures expected across the … Continue reading Warm Late Fall and Early Winter Across Most of Northern U.S.

Nearly Half of Western U.S. Power Plants Vulnerable to Climate Change

Nearly Half of Western U.S. Power Plants Vulnerable to Climate Change The desert Southwest will be the hardest hit. The effects of climate change could hamper electric generating capacity in the Western U.S. during peak summertime energy use by about 3 percent on average, and up to nearly 9 percent if there is ongoing drought. … Continue reading Nearly Half of Western U.S. Power Plants Vulnerable to Climate Change