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September 2, 2024

Generation & Fuels

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Utilities Facing Increased Scrutiny over Political Activities

Bribery scandals and concerns over reliability and the pace of decarbonization have caused increasing scrutiny of utilities’ political activities.

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Utility CEOs See Ongoing Role for Gas, Nuclear in Decarbonization
Utility executives told state regulators that natural gas and nuclear power will be part of the electric mix for decades as the industry decarbonizes.
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Whitehouse: Best Defense for IRA is Funding, Building More Projects

One of the Senate’s strong liberal voices on climate change, Sen. Sheldon Whitehouse slammed the fossil fuel industry for its campaign of “climate denial and propaganda.”

Shutterstock
EPA to Strengthen Emissions Regs for Gas Power Plants
The Environmental Protection Agency is delaying new emissions restrictions for existing natural gas-fired power plants. 
Ørsted
Sunrise Wind, Empire Wind Tapped for New OSW Contracts

Two major New York offshore wind projects are getting back on track, with more-lucrative contract awards to replace their existing deals with the state.

NorthWestern Energy
Groups Ask Montana PSC to Consider Climate Impacts in Rulemakings
More than 40 Montana organizations petitioned the state’s Public Service Commission to consider climate impacts when issuing utility rulemakings.
Citizens for Local Choice
Sides Forming in Fight Over Michigan Renewable Siting Law
Opponents of a law giving Michigan regulators siting authority for energy projects need almost 400,000 signatures to challenge the law in the fall election.
Constellation Energy
Constellation Reports Strong Financials, Bright Nuclear Future
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
BOEM
BOEM Issues Environmental Study of Park City, Commonwealth Plans
The Bureau of Ocean Energy Management has completed the environmental impact assessment of the proposed Park City and Commonwealth offshore wind proposals.
BloombergNEF
BCSE Factbook: Federal Incentives Can’t Solve All Clean-tech Challenges

The momentum created by billions of dollars in federal incentives and tax credits has been tempered by supply chain constraints and the impacts of inflation and higher interest rates.


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