The White House may be looking for a new nominee for Federal Energy Regulatory Commission chairman to replace Ron Binz, who has been the object of fierce criticism, mostly from Republicans, but also from West Virginia (coal state) Democratic Senator Joe Manchin. [The Hill] The Guardian has helpfully laid out Ed Milliband’s proposal for UK… Keep reading →
The investment banking community recently picked up on this trend and the EIA’s latest Today In Energy post details greater coal use in the US power sector compared with last year. Although power generators’ fuel portfolios vary by region, at the national level, higher 2013 natural gas prices relative to coal prices motivate utilities to… Keep reading →
Policy matters. Whether in one of the world’s richest countries or one of its poorest, access to clean and secure energy supplies relies on clear and reliable policy and regulatory signals, the results of a recent ranking of 129 nations by the World Energy Council and Oliver Wyman indicate. But given room to comment in… Keep reading →
Quick Take: In July I alerted you that the nominee to replace Jon Wellinghoff as chairman of the Federal Energy Regulatory Commission (FERC), Ron Binz, was likely to be good for smart grid and renewables but tough on coal. Now we’re learning that his nomination has “generated unprecedented interest and controversy” according to Brent Franzel… Keep reading →
Supporters of coal have called the planned new rules from the EPA on CO2 emissions from coal-fired power generation a war on coal and have pledged to fight the rule-making process. It is true that there will almost certainly not be a new coal-fired electric generating station built in the U.S. for at least the… Keep reading →
The Environmental Protection Agency unveiled its proposal for Clean Air Act standards to limit carbon dioxide emissions from new power plants on Friday. The agency also announced that it has begun coordinating with state and local governments, industries and non-profit organizations to establish carbon dioxide emissions standards for existing power plants. “Power plants are the… Keep reading →
Photovoltaic (PV) energy, the conversion of sunlight to electricity, was discovered in the late 1830s, followed by usable PV cells developed in the early 1950s. Despite its history, only recently has the U.S. solar market really started to take off. Driven by the volatility of energy prices from traditional sources such as coal, gas and… Keep reading →
It was no April Fool’s Day prank when the rate of a power demand increase spiked to its highest level of the year – 12.4% – on the morning of April 1st, 2013 in the Southwest Power Pool territory. Low seasonal and weekend demand overnight quickly reversed course as the business week began and utility… Keep reading →
On September 30, the U.S. Supreme Court will consider a major challenge to the Environmental Protection Agency’s implementation of greenhouse gas regulations under Section 202 of the Clean Air Act, a hearing that could affect President Obama’s timetable for existing power plants and state implementation plans. The EPA will likely face ongoing litigation on most… Keep reading →
Analysts at brokerage Sterne Agee find coal stocks moving upward based on several supporting factors including US natural gas/coal pricing dynamics, Chinese industrial data, European economic improvement and a bounce in emerging market currencies relative to the dollar. While overall US power generation is down year-on-year, more coal than natural gas was burned to generate… Keep reading →
