U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
ENGIE NA and Holyoke Gas & Electric (HG&E) today announced plans for the largest utility-scale energy storage installation in Massachusetts. Green Charge, an ENGIE NA subsidiary, will operate the three-megawatt energy storage system at Mt. Tom Solar, which began operation in January of this year adjacent to the former Mt. Tom Power Station. The system will be used to optimize intermittent solar energy and reduce utility capacity costs for HG&E, the system’s customer, while reducing stress on the HG&E distribution system. This project will contribute to rate stabilization for HG&E customers over the next 20 years.
55% of clients at the Energy & Sustainability Perspectives Summit revealed lack of organizational alignment as the top factor preventing them from reaching their energy and sustainability goals
For growing maritime nations like Indonesia and the Philippines, integrated liquefied natural gas (LNG) receiving terminals and gas-fired gen can help balance the power mix. Although coal remains the No. 1 fuel choice, LNG and gas-to-power development could gain momentum, according to this year’s Electric Industry Report.
Amid interwoven and oft-cited concerns about reliability, cybersecurity, funding and aging infrastructure, this year’s survey results again reveal that electric industry leaders view risk-based planning, long-term budgeting and preventive maintenance as key to ensuring that asset health and reliability are sustained.
The federal government has long played a central role in shaping U.S. energy independence and security. Today, however, we stand at an inflection point where states, municipal governments and even corporations are stepping up to become the primary drivers of the future of clean energy.
A new administration has vowed to roll back numerous environmental regulations aimed at reducing the nation’s carbon footprint. Does this give power providers new impetus to rewrite their long-term planning? This year’s Strategic Directions: Electric Industry Report finds this isn’t necessarily the case.
The current administration has revived debates over coal’s role in the country’s overall energy mix. Still seen as one of the most economical generation resources, some believe coal may experience a revival of sorts. However, most forward-looking infrastructure investors and industry leaders are not as optimistic – read more in this year’s Strategic Directions: Electric Industry Report.
Reliability and resilience are the critical centerpieces of today’s power industry. Even as utilities balance new, advanced technologies and changing regulatory mandates, organizational leaders remain focused on meeting evolving customer demand while delivering reliable, uninterruptable power flows. Black & Veatch’s new 2017 Strategic Directions: Electric Industry Report demonstrates the range of ways in which power providers — from generation to delivery — are broadening their views and adopting more flexible financial, planning and technology initiatives to meet these demands.
Chattahoochee Riverkeeper announces the 2017 Climate Change Conference with presenting sponsors Cox Enterprises and The Ray C. Anderson Foundation. The conference is set to take place on September 27-28, hosted by the Ray C. Anderson Center for Sustainable Business at the Georgia Tech Global Learning Center.
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Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
