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Ares-EIF Sells Allegheny Hydro Plants

Ares-EIF Sells Allegheny Hydro Plants Ares Management, L.P. (NYSE:ARES) announced today that a fund managed by the Ares-EIF Group and Northbrook Energy, LLC have recently sold two run-of-the-river hydroelectric power facilities on the Allegheny River in Pennsylvania to the Public Sector Pension Investment Board (PSP Investments). Terms of the transaction were not announced. The two … Continue reading Ares-EIF Sells Allegheny Hydro Plants

Is a Michigan hydro #pumped_storage facility clean and renewable? Lawmakers, experts disagree

Is a Michigan hydro pumped storage facility clean and renewable? Lawmakers, experts disagree The Ludington Pumped Storage hydroelectric facility in western Michigan is a clean and renewable energy source that should receive credits for its ability to reduce carbon emissions, according to various state and federal lawmakers. But amid comprehensive energy policy proposals at the … Continue reading Is a Michigan hydro #pumped_storage facility clean and renewable? Lawmakers, experts disagree

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

House public hearing planned on state #nuclear, #hydropower bills

House public hearing planned on state nuclear, hydropower bills A Washington House committee will start work on four bills — three nuclear and one hydropower — with a public hearing March 25. The bills, sponsored by Sen. Sharon Brown, R-Kennewick, have passed the state Senate and advanced to the House Technology and Economic Development Committee. … Continue reading House public hearing planned on state #nuclear, #hydropower bills

Low snowpack prompts power concerns for utilities

Low snowpack prompts power concerns for utilities TACOMA, Wash. – Tacoma Power gets about 45 percent of its electricity from dams that it operates. And those dams generate hydro-electric power from water coming from the Olympic Mountains and the Cascades. The balance of 55 percent comes from the Bonneville Power Administration. So far, it looks … Continue reading Low snowpack prompts power concerns for utilities