News

Former Iowa governor lobbying officials over renewable energy projects

Source: By KCRG • Posted: Wednesday, August 3rd, 2022

Former Iowa Gov. Terry Branstad is meeting with local officials across the state over large-scale renewable energy projects like those planned in Coggon and Palo, KCRG reports. Those meetings, which officials told us felt like a listening session, are part of the governor’s new role as national co-chair and Iowa State chairman for The Center for Infrastructure and Economic Development.
Large employers are working together to lobby regulators over large-scale renewable energy projects, according to documents at the Iowa Utilities Board.

Carmakers say the climate bill sets impossible targets

Source: By Evan Halper, Washington Post • Posted: Wednesday, August 3rd, 2022

Automakers are chafing at the ambitious plan Democrats are advancing to bring down the cost of electric cars and accelerate the transition from gas-powered vehicles. The Senate climate package poised for a vote as early as this week includes tax credits that slash the cost of electric cars by thousands of dollars — but only for buyers who purchase from companies that locate their supply chains out of China and other nations with which the United States does not have a free-trade agreement. It is a heavy lift for an industry that has limited access to minerals and components crucial to the production of EV batteries.

Deep in the Democrats’ Climate Bill, Analysts See More Wins for Clean Energy Than Gifts for Fossil Fuel Busines

Source: By Marianne Lavelle, Dan Gearino, Phil McKenna and Georgina Gustin, Inside Climate News • Posted: Wednesday, August 3rd, 2022

Although Senate leaders have included plenty of favors for the fossil fuel industry in the big climate package they hope to advance this week, most analysts have concluded these concessions amount to consolation prizes in a deal where clean energy is the clear winner. At least three separate analyses by think tanks and academic institutions agree that the Inflation Reduction Act of 2022 would cut U.S. greenhouse gas emissions some 40 percent by 2030—within striking distance of President Joe Biden’s pledge to cut emissions in h

Gas Prices Have Fallen for 50 Straight Days, Approach $4 a Gallon

Source: By Joseph De Avila and Lauryn Azu, Wall Street Journal • Posted: Wednesday, August 3rd, 2022

U.S. gas prices have fallen for seven straight weeks and are approaching an average price of $4 a gallon, easing the pain of record-high fuel costs amid shrinking global demand for oil. The average cost of a gallon of regular unleaded gasoline sank to $4.16 Wednesday, the 50th straight day that prices have declined, according to OPIS, an energy-data and analytics provider. That is a 17% decline from the previous high of $5.02 a gallon set back on June 14, according to OPIS.

Proposed high voltage transmission line files with ICC

Source: By FarmWeek Now • Posted: Wednesday, August 3rd, 2022

A Chicago-based company formally asked state regulators July 26 to move forward on building an 800-mile transmission line that would carry renewable energy generated in Kansas across Missouri and end at the Illinois-Indiana border. Invenergy LLC filed its application with the Illinois Commerce Commission (ICC) to construct and operate the Grain Belt Express Transmission Line, a 600-kilovolt (kV) high-voltage, direct current (HVDC) electric service transmission lin

Why the Texas grid causes the High Plains to turn off its wind turbines

Source: By Jayme Lozano, The Texas Tribune • Posted: Wednesday, August 3rd, 2022

The region could generate enough wind energy to power at least 9 million homes. Experts say the additional energy could help provide much-needed stability to the electric grid during high energy-demand summers like this one, and even lower the power bills of Texans in other parts of the state. But a significant portion of the electricity produced in the High Plains stays there for a simple reason: It can’t be moved elsewhere. Despite the growing development of wind energy production in Texas, the state’s transmission network would need significant infrastructure upgrades to ship out the energy produced in the region.

Berkshire Hathaway Energy plans to buy 399 MW of Montana wind from NaturEner

Source: By Ethan Howland, Utility Dive • Posted: Wednesday, August 3rd, 2022

Berkshire Hathaway Energy, or BHE, plans to buy from NaturEner USA almost 400 MW of wind generation in Montana, according to an application filed Tuesday at the Federal Energy Regulatory Commission. The output from the three wind farms – Glacier I, Glacier II and Rim Rock – are under contract to Morgan Stanley Capital Group under power purchase agreements that expire on April 30, 2026.

MGM Resorts, others urge FERC to reject incentives for NV Energy’s $2.5B Greenlink transmission project

Source: By Ethan Howland, Utility Dive • Posted: Tuesday, August 2nd, 2022

Nevada’s ratepayer advocate, Public Citizen, and MGM Resorts International and Caesars Enterprise Services on Monday urged the Federal Energy Regulatory Commission to reject a request by two Berkshire Hathaway Energy utilities for incentives for building the roughly $2.5 billion Greenlink Nevada transmission project. They contend the proposed incentives for Nevada Power and Sierra Pacific Power, subsidiaries of NV Energy, which is owned by Berkshire Hathaway, would needlessly increase consumer costs. The Public Utilities Commission of Nevada asked FERC to be aware of how the proposed incentives could affect customer rates.

Biden’s emissions pledge ‘doable’ with climate deal

Source: By Benjamin Storrow, E&E News • Posted: Tuesday, August 2nd, 2022

Energy Innovation, a clean energy think tank, estimated yesterday that the Senate climate deal would cut emissions by 37 to 41 percent from 2005 levels by the end of the decade. The report comes on the heels of a similar finding from the Rhodium Group, which found the bill would reduce emissions by 31 to 44 percent over the same time frame. The assessments mark a considerable improvement in the country’s emissions trajectory from a month ago, when the prospects for federal climate legislation appeared slim and the country looked set to miss Biden’s target by a wide margin.

Why the Electric Car Revolution Won’t Change Everything

Source: By Angus MacKenzieJul 30, 202, Motor Trend • Posted: Tuesday, August 2nd, 2022

The end of the decade sounds a long way off. No more Rolling Stones gigs. The Cubs could win another World Series. The Tesla Model S will almost officially be a classic car. But in terms of designing, engineering, and building new electric cars, trucks, and SUVs, it’ll be here tomorrow. We’re no longer at the dawn of the electric automotive age. The sun’s up, and people are hard at work on the most profound change to the automobile since Henry Ford put the world on wheels.