In a deal with state regulators, environmental groups and business leaders, the utility will spend $11 billion on solar, wind and grid storage investments and retire coal production by 2032, but the plan still is set to rely heavily on natural gas production as a supplemental resource.
EPC contract for 300-MW facility in Permian Basin, which will produce power and industrial grade CO2 that can be sold or sequestered, will be awarded by year end.
Renewables added 6.62GW of utility scale power to US grid, up 11.5% from one year ago. Nine states set offshore wind targets totaling nearly 45 GW, with New York breaking ground on the second utility scale project in the country.
A set of lawsuits challenging the Obama administration’s Clean Power Plan were dismissed by a federal appeals court after the Trump administration replaced the regulation with the Affordable Clean Energy Rule, but that rule now faces its own set of challenges.
The U.S. Environmental Protection Agency plans to roll back the Obama administration’s 2015 Clean Power Plan, meant to cut greenhouse-gas emissions 32% from 2005 levels by 2030.
The fossil-fuel industry can’t be restored by rolling back the Clean Power Plan or other clean-energy programs. That train has left the station. Trump would do better to catch it and try to direct where it goes.