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...

/ May 29, 2020
Coal-fired Plant Scherer

Southern Company Pledges Net Zero Emissions by 2050 but Doubles Down on Fossil Fuels

Southern Company unveiled an updated “net-zero” carbon goal yesterday at its Annual Meeting which relies heavily on negative emissions to enable continued investment in fossil fuels such as coal and...

/ May 28, 2020

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...

/ May 25, 2020
murray energy

Murray Energy paid nearly $1 million to law firm that fought renewable energy

Updated on May 22, 2019 with additional information about an Ohio Power Siting Board decision that could kill the Icebreaker offshore wind power project on Lake Erie, and the role...

/ May 19, 2020

North Carolina utilities not reconnecting customers during COVID-19 pandemic

Thousands remain without electricity, gas, or water during crisis

/ May 12, 2020

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...

/ May 5, 2020