Energy & Utilities

Canal Gets Boost From LNG Trade

ATHENS — Ships moving natural- gas and petroleum-product exports from the U.S. are the fastest-growing business for the Panama Canal, with annual revenue from tolls for the shipments growing more than 20 times over the past two years.
 Liquefied-natural-gas shipments from U.S. energy producers in Texas took off in 2016 when the waterway expanded its locks against the backdrop of increasing demand from customers in China, South Korea, Mexico and Japan, mainly for clean power generation.

Green-Power King Thrives On Government Subsidies

Who is the world's largest operator of wind and solar farms? It's also America's most valuable power company. Still stumped? It's by design.
 “That is a marketing problem…that we foster intentionally,” Michael O'Sullivan, NextEra Energy Inc.'s head of renewable development, told University of Notre Dame students in 2015.
 The Florida company has grown into a green Goliath, almost entirely under the radar, not through taking on heavy debt to expand or by touting its greenness, but by relentlessly capitalizing on government support for renewable energy, in particular the tax

Energy Department Moves to Assist Nuclear, Coal Plants

WASHINGTON—The Energy Department is proposing a new plan to bail out failing nuclear and coal-fired power plants by forcing grid operators to take the electricity they produce, a move that could upend competitive power markets and raise prices for consumers.
 The plan—a draft now under White House review—isn't the first attempt by President Donald Trump's administration to help coal and nuclear businesses.

Do States Have a Role in Making Climate Policy?

When scientists from 13 U.S. federal agencies issued a report on climate change earlier this month that drew a direct connection between human activity and global warming, it was a reminder of the turmoil that has surrounded environmental issues since President Donald Trump took office.
 The Trump administration has rejected the international Paris climate accord, calling it a job-killing pact that impinges on U.S. sovereignty. It also has moved to repeal the domestic Clean Power Plan, following up on the president's pledge to boost the energy industry by cutting regulation.

Coal Country’s Power Plants Are Turning Away From Coal

Coal is on the defensive in the nation’s power industry. Even in coal country.

The pressure to shift more of the country’s electric supply to renewable sources is not just a rallying cry for environmentalists. Some of the power industry’s biggest customers, like General Motors and Microsoft, have made a commitment to clean energy. And to help them meet it — and keep them from taking their business elsewhere — utilities are changing their ways.

Clean energy's dirty secret

ALMOST 150 years after photovoltaic cells and wind turbines were invented, they still generate only 7% of the world’s electricity. Yet something remarkable is happening. From being peripheral to the energy system just over a decade ago, they are now growing faster than any other energy source and their falling costs are making them competitive with fossil fuels. BP, an oil firm, expects renewables to account for half of the growth in global energy supply over the next 20 years. It is no longer far-fetched to think that the world is entering an era of clean, unlimited and cheap power. About time, too.

What Will Energy Look Like in 2040? 4 Things to Know

Coal faces a “reversal of fortune,” clean power will make big strides, and India will become the new center of energy growth in 2040. These and other predictions appear in a new report on the future of energy.

The International Energy Agency released its World Energy Outlook Tuesday, three weeks before high-stakes climate talks begin in Paris.