Petra Nova carbon capture project stalls with cheap oil
The project captured 7% of the carbon dioxide emissions generated by NRG’s W.A. Parish Generating Station, suffered frequent outages, and led to significant losses for investors
Utilities that operate coal plants in the Western U.S. face growing water supply risks
Electric utilities that operate coal plants in the American West face growing water supply risks, as climate change fuels hotter and drier conditions.
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...
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
Coal mining companies and state of Wyoming secretly funded “Independence Institute” campaign to keep Colorado coal plant running
Coal mining companies and the state of Wyoming secretly coordinated and funded a campaign against Xcel Energy’s proposal to close two units at the largest coal plant in Colorado. While...
Tri-State will replace coal plants with a gigawatt of new wind and solar
Tri-State Generation and Transmission Association announced last month that it will close its coal plants in Colorado and New Mexico and build a gigawatt of new wind and solar projects,...
Southwest Gas was top contributor to Arizona legislators sponsoring gas utility bill
Southwest Gas gave thousands of dollars to the campaigns of Arizona Senate President Karen Fann and Speaker of the House Rusty Bowers last month, ahead of those legislators’ introduction this...
Arizona Public Service announces 100% clean energy goal, saying it will “eliminate all fossil fuels”
Arizona’s largest investor-owned utility announced today that it will close its coal plants and increase its use of renewable energy over the next decade, ultimately aiming for 100% clean energy...
Growing number of elected Democrats in Arizona won’t take money from APS
A growing number of elected Democrats in Arizona say they won’t accept campaign funding from Arizona Public Service, the utility that has come under fire for its massive spending on...
Financial analysts expect decarbonization will benefit utility ratepayers and shareholders
Replacing coal with renewable energy could save customers $8 billion each year