Company is expanding wind generation, using nuclear energy, adding a natural gas plant Xcel Energy announced plans today to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. Xcel plans to expand wind and solar, using natural gas and operate its carbon-free Monticello nuclear plant until at least 2040. If approved, the plan would
Wind and solar generation are steadily growing in the U.S. According to a new report released by the U.S. Energy Information Administration (EIA), wind and solar electric generation reached or exceeded 20% of total generation in 10 states in 2017. This includes small-scale solar photovoltaics. Source: EIA Facts Summary: Total annual generation (TAG) from wind and solar in the US,
From Forbes The U.S. uses very little oil to generate electricity, but our energy sectors are inextricably connected, so changes in one often affects others. For example, we are starting to see the rumblings of how the price of oil might affect wind indirectly through natural gas prices. Last Thursday, the Public Utility Commission of Texas (PUCT) dealt what turned out to
In Texas wind is big: it’s in the top two states for wind power plants Electricity generation from wind in the United States has increased from about 6 billion kilowatthours (kWh) in 2000 to about 254 billion kWh in 2017, according to the EIA. That means wind power in the U.S. increased by a factor of 42 in 17 years.
Developer must revisit finance terms before commission will commit ratepayers to $200 million price tag for experimental project From WorkBoat – by Kirk Moore An offshore wind energy pilot project was dealt a setback by Maine utility regulators, who voted to revisit a power price contract critical for financing the floating turbines. Maine Aqua Ventus is a proposed 12 MW
Wind takes up some drilling slack From MarineLog Wind farm installation specialist Seajacks UK reports that its largest and most advanced installation jack-up vessel, Seajacks Scylla, has successfully completed work on the biggest offshore wind farm project in the Irish Sea, reaching an installation, installing 87 turbines on the Walney Extension farm off the Cumbrian coast. This marked a milestone for
Wind leases could bring 14 GW of wind turbines offshore New York and New Jersey From WorkBoat By Kirk Moore With a few computer commands, a new future takes shape in the maritime approaches to New York Harbor. Already well known for its role in training tugboat and city ferry captains, the two-year-old Bouchard bridge simulator at SUNY Maritime College in Throggs Neck, N.Y., has
The changing face of energy: new jobs in the broad energy sector Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry is critical to the future economic success of the U.S. Energy-related job openings are changing. New jobs are growing fast, and
With a proposed ~$4 billion investment in wind generation starting now, Xcel Energy wants to make wind 35% of its total energy mix by 2021 Xcel Energy (ticker: XEL) announced what it called the largest multi-state investment in wind capacity in the country—$3.5-$4.4 billion worth. This week the company said it has proposed 11 new wind farms in seven states,
From POWER Magazine North Carolina Amazon’s latest wind farm in coastal North Carolina has completed construction and is weeks from beginning operations—and state legislators have just asked the incoming Trump administration to shut it down. The $400 million, 208-MW, 104-turbine project, built by Apex Renewables near Elizabeth City and backed by financing from Iberdrola Renewables, is supposed to power Amazon’s
DONG says oil & gas segment is “not considered a long-term strategic commitment” – DONG engages J.P. Morgan to conduct a market assessment Denmark-based wind energy developer DONG Energy (ticker: DENERG) successfully launched Europe’s biggest 2016 IPO in June. Besides its robust offshore wind development business in Europe, bioenergy, thermal power and energy distribution segments, the company runs a healthy oil and gas business.
From Power Magazine The Minnesota Public Utilities Commission (MPUC) voted unanimously to support Xcel Energy’s latest long-range plan, which will transform the company’s energy fleet. Xcel expects to more than double its renewable energy portfolio as a result, delivering greater than 60% carbon-free energy to its Upper Midwest (Michigan, Minnesota, North Dakota, South Dakota, and Wisconsin) customers by 2030. The
