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The Texas Big Freeze: How a changing climate pushed the state's power grid to the brink - Vimarsana News

The Texas Big Freeze: How a changing climate pushed the state's power grid to the brink

Opinion The Texas Big Freeze: How a changing climate pushed the state's power grid to the brink Published June 2, 2021 Ron Jenkins via Getty Images The following is a contributed article by Dan Esposito, senior policy analyst at Energy Innovation, and Eric Gimon, senior fellow at Energy Innovation. Editor's Note: This is the first of a three-part op-ed series in Utility Dive based on Energy Innovation's research examining 1) what drove the extended Texas outages, 2) the degree to which energy markets failed,...

Texas plans billions in financing to pay for winter storm costs - Vimarsana News

Texas plans billions in financing to pay for winter storm costs

Workers repair a power line in Austin on Feb. 18, 2021, during the winter storm that left many Texans without power. State lawmakers are close to approving billions of dollars in financing to offset the storm’s costs to companies. Credit: Sergio Flores for The Texas Tribune Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Justin Aguilar’s bingo halls in Corpus Christi lost a week of business and thousands of dollars during February’s deadly winter storm. That was devastating enough. But that loss of income ...

80 per cent of US coal plants scheduled to close - Vimarsana News

80 per cent of US coal plants scheduled to close

Coal has had a presence since the 1300s, when the Hopi Indians first began to use it. By the late 1800s, it had overtaken wood as the primary source of

US coal comes under continued pressure – report - Vimarsana News

US coal comes under continued pressure – report

US coal comes under continued pressure – report Reduced capacity factors and increasing renewable generation mean trend is accelerating Nearly three-quarters of US coal capacity is either operationally uneconomic or slated for retirement, according to a report from San Francisco-based research and analysis firm Energy Innovation. This is a significant increase from 2018, when 62pc of coal capacity was deemed to be in these categories. US coal’s profit margins are being eroded for a number of reasons, according to Eric Gimon, policy adviser with Energy Innovation and one of the repor...

Report: Wind, solar energy cheaper than most Wisconsin coal plants - Vimarsana News

Report: Wind, solar energy cheaper than most Wisconsin coal plants

CHRIS HUBBUCH Only two of Wisconsin’s remaining coal-fired power plants can still compete with new wind and solar generators on price, according to a new study. And even those plants are “on the cusp.” The report from Energy Innovation found nearly three quarters of all U.S. coal plants were either uneconomical compared to nearby wind and solar or were already slated for retirement. The EPA is proposing to phase out the production and use of hydrofluorocarbons. Those gases are commonly used in refrigerators and air conditioners and are considered a major driver o...