Month: May 2020
TVA cuts “flexibility” promises to local power companies by 80%, enters into questionable contracts
Key Points: The Tennessee Valley Authority promised its local distribution utilities the ability to self-generate up to 5% of their own electricity, what it termed “flexibility”, as an incentive to...
Major banks announce new policies to help push utilities away from coal
Key Points: Major financial institutions have announced new policies that limit how they do business with companies that remain reliant on coal. Leading financial institutions’ coal exclusion policies assess electric...
Murray Energy paid over $1 million to law firm that’s fought renewable energy
Latest update – September 17, 2020: Murray Energy has now disclosed payments totaling over $1 million to a law firm that’s fought new wind and solar farms in Ohio. Filings...
North Carolina utilities not reconnecting customers during COVID-19 pandemic
Thousands remain without electricity, gas, or water during crisis
Duke Energy Climate Report charts fossil fuel-laden path to net-zero, lagging behind peers
Key Points: Duke Energy released a new climate report describing potential pathways to achieve net-zero carbon emissions by 2050. Its main scenario relies heavily on fossil gas expansion, offsets, and...