Costco, Kroger, Target and Walmart among corporate giants looking to disrupt traditional power-generation model in Virginia
Some of the biggest retailers in the company are calling for new deals that would allow them to break Dominion Energy’s hold on the state’s electricity market. Legislators may be receptive.
TVA sees power transition continuing
The Tennessee Valley Authority’s electrification program, historically tied to coal, will increase its solar generation by as much as nine-fold over the next 20 years, enough to power millions of homes.
German commission pushes $4.5 billion plan for coalfield transition
Germany’s “coal exit commission” is advancing a €40 billion government plan to compensate workers and companies affected by the country’s abandonment of coal-fired electricity over the next several years.
Report: As coal industry collapses, Hopi-Navajo budget crisis suggests a national response
“The federal government can and should play a major role in transition and could even use the Hopi-Navajo situation as a springboard to develop a national coalfield reinvestment initiative,” write the authors.
Western-states electricity group turns aside offer to modernize
Tri-State Generation Transmission, which has 43 co-op members in four states and remains disproportionately reliant on coal, declined an overture from a company seeking to bring cheaper, greener energy to the region.
High costs of coal-fired power escalate
Expensive “industrial shells” are left on the books as energy sources once considered alternative have gone completely mainstream.
‘Popular with politicians, cities, corporations, and ordinary ratepayers’
In pushing for early retirement of coal plants, the utility behemoth Xcel is making a calculated move driven in no small part by ever-growing populist attitudes.
A big California ranch goes solar
The 73,000-acre Jack Ranch is now 4% solar, “the biggest demonstration of the synergies between grazing and solar that we’ve seen.” Pacific Gas & Electric Company and Apple are customers.
Dallas expects to save $80 million in shift to renewable-powered electricity
In its $473 million deal with TXU Energy, the city sees huge savings in buying regional solar and wind—and long-term “budget certainty” at a “very market-competitive cost.”