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Governors' Wind Energy Coalition

January 9, 2022

Top Story

Why Tesla Soared as Other Automakers Struggled to Make Cars

By Jack Ewing, New York Times  •    •  Posted 2022-01-09 10:10:17

Tesla’s ability to conjure up critical components has a greater significance than one year’s car sales. It suggests that the company, and possibly other young electric car businesses, could threaten the dominance of giants like Volkswagen and G.M. sooner and more forcefully than most industry executives and policymakers realize. That would help the effort to reduce the emissions that are causing climate change by displacing more gasoline-powered cars sooner. But it could hurt the millions of workers, thousands of suppliers and numerous local and national governments that rely on traditional auto production for jobs, business and tax revenue. [ read more … ]

Transmission

Minn. OKs sale of power line tied to largest N.D. coal plant

By Jeffrey Tomich, E&E News  •    •  Posted 2022-01-09 10:08:54

Minnesota regulators last week approved the transfer of ownership of a 436-mile power line tying North Dakota’s largest coal plant to the Twin Cities, an issue that pitted coal-state interests against a state trying to wean itself from fossil fuels. No one disputes the value of the high-voltage, direct-current (HVDC) line in the constrained upper Great Plains power grid. But the source of electricity carried from the Coal Creek Station, an hour north of Bismarck, N.D., has caused heartburn for activists pushing for bolder steps to combat climate change. [ read more … ]

US utilities are spending less on making electricity and more on getting it to customers

By Jeff St. John, Maria Virginia Olano, Canary Media  •    •  Posted 2022-01-09 10:10:37

U.S. utilities are spending less and less money on generating electricity — and more and more on getting it where it needs to go. And if ever-cheaper renewable energy continues to supplant fossil fuels as the country’s chief source of electric power, this shift may just be getting started. [ read more … ]

Markets

U.S. Oil Stocks Surge in Rebound to Pre-Pandemic Levels

By Kevin Crowley, Bloomberg  •    •  Posted 2022-01-09 10:09:55

A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.  The S&P 500 Energy Index rose 2.3% Thursday to the highest close since Jan. 7, 2020, when the virus was still thought to be contained to central China. Exxon Mobil Corp. and Chevron Corp. reached pre-pandemic stock prices earlier this week, while shale drillers ConocoPhillips and Pioneer Natural Resources Co. are trading at levels not seen since 2018. 
[ read more … ]

EVs

How Six States Could Transform the U.S. Trucking Industry

By Laura Bliss, Bloomberg  •    •  Posted 2022-01-09 10:11:20

The U.S. trucking industry is set to be transformed by a handful of states adopting zero-emission vehicle requirements.  Oregon, Washington, New York, New Jersey and Massachusetts followed California in approving the Advanced Clean Truck (ACT) rule late last year, requiring a growing percentage of all medium- and heavy-duty trucks sold to be zero-emission starting in 2025. Manufacturers must increase their zero-emission truck sales in those states to between 30 and 50 percent by 2030, and 40 and 75 percent by 2035.  [ read more … ]

The new postal fleet

BY MATTHEW CHOI, Politico  •    •  Posted 2022-01-09 10:11:40

The Postal Service is sticking to its plans to have only 10 percent of its new delivery fleet run on electric batteries, with the rest chugging along on internal combustion engines. USPS plans to publish an environmental review in the Federal Register today for its plan to buy between 50,000 and 165,000 new delivery vehicles over the next 10 years. The exact mix of EVs to ICEs isn’t yet set in stone, since the new review says the 10 percent figure is the floor, which could give EVs a greater share. Still, environmentalists aren’t pleased. [ read more … ]

Nuclear

First advanced reactor proposal suffers setback

By Jeremy Dillon, E&E News  •    •  Posted 2022-01-09 10:09:28

The license application for one of the first advanced nuclear reactor designs to undergo federal scrutiny suffered a setback today when regulators announced they were dismissing the proposal for lack of information. Silicon Valley-based Oklo Inc. failed to provide enough information regarding potential accidents and classifications of safety systems and components in the design for its 1.5-megawatt advanced fission power system, known as Aurora, the Nuclear Regulatory Commission said. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.