Four decades after Three Mile Island became shorthand for America's worst commercial nuclear power accident, financial rescues of nuclear power plants are stirring the highest levels of government.
SAN DIEGO, Feb. 12, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has entered into an agreement to complete the sale of its U.S. renewables business by selling its remaining wind operating and development assets to American Electric Power (AEP) for $551 million in ...
The Nature Conservancy and CEI Inc. released a report showing ways to transition to renewable energy and away from fossil fuels.
The largest share of LA's energy mix comes from natural gas. : Los Angeles is ditching a plan to rebuild several natural gas plants on the coast, Democratic Mayor Eric Garcetti said Monday night, but experts warn the decision to scuttle the plan will likely cause more blackouts across the city. Staffers at the Los Angeles Department of Water and Power (DWP) argued in December that the aging Scattergood, Harbor and Haynes power plants are critical to keeping the lights on in the city. They argue that eliminating plans to rebuild and refurbish the plants could seriously impact the grid.
Los Angeles Ditches Plan To Invest Billions In Fossil Fuels, Mayor Eric Garcetti Says - Los Angeles Times
Los Angeles is abandoning a plan to spend billions of dollars rebuilding three natural gas power plants along the coast, Mayor Eric Garcetti said Monday, in a move to get the city closer to its goal of 100% renewable energy and improve air quality in highly polluted communities. The mayor's decision...
Environmental groups, Gov. Michelle Lujan Grisham and even Public Service Company of New Mexico want us to believe their plans to rapidly increase renewable energy are cost-competitive. New Mexicans voted for change in 2018 and, as a result, there are legislative initiatives to raise the state's "renewable portfolio standard," or RPS, from 20 percent to [...]
PROVIDENCE -- When critics assailed the high price awarded to Deepwater Wind nearly a decade ago for power from what would be the first offshore wind farm in the nation, the Providence company and its supporters in Rhode Island state government vowed that savings would come with future projects down the line.With a proposed agreement announced Thursday, they would fulfill that promise.Under the contract filed with the Public Utilities Commission, National Grid [...]
BlackRock sold five operating wind farms and one operating solar project in the UK. : Equitix Investment Management has bought a core UK renewables infrastructure portfolio from BlackRock Real Assets for an undisclosed sum. BlackRock said its renewable power business sold the portfolio of five operating wind farms and one operating solar project located across the country. The portfolio achieved commercial operations between 2010 and 2015 and has a proven track record of consistent operational performance, BlackRock said.
Ullico Acquires Portfolio Of Canadian Solar Assets From Blackrock | Swfi - Sovereign Wealth Fund Institute
BlackRock Real Assets, which is part of the BlackRock investment empire, sold a portfolio of four operating solar projects in Ontario, Canada to Ullico Inc. The solar power projects have fixed Feed-in-Tariff offtake contracts with Ontario's Independent Electricity System Operator. Advisors Norton Rose Fulbright acted as legal advisors and Black & Veatch acted as technical [...]