The following is a contributed article by Michael Wu, Principal and Co-Founder of Converge Strategies and a fellow in the Resource Security Program of New America. In the midst of the modern world's greatest public health crisis, we must focus on keeping the lights on in our hospitals and medical care facilities. We're rightly worried about shortages of personal … [Read more...] about Keeping the lights on in our hospitals amid COVID-19 and other emergencies
Southwest Generation purchase of Xcel gas plant to raise JPMorgan affiliation question again at FERC
Dive Brief: A subsidiary of a JPMorgan-linked investment fund is purchasing Xcel Energy's 720 MW gas-fired power plant, which will again raise questions for federal regulators about the investment bank's legal affiliation to the fund. Southwest Generation, the buyer of the Mankato Energy Center (MEC), is owned by Infrastructure Investments Fund (IIF), a $12 billion … [Read more...] about Southwest Generation purchase of Xcel gas plant to raise JPMorgan affiliation question again at FERC
Ahead of the EV pack: How other states can replicate New Jersey's legislative success
The following is a contributed article by Rose Lenoff, Growth Director at Greenspot. New Jersey has enacted legislation that will prepare the state for the next generation of transportation infrastructure. Governor Phil Murphy committed to Senate Bill #2252 this past January, thereby initiating one of the largest rebates for EV buyers in the country — up to … [Read more...] about Ahead of the EV pack: How other states can replicate New Jersey's legislative success
DOE eyes storage technologies to improve the performance of fossil fuel plants
Dive Brief: The U.S. Department of Energy (DOE) is exploring the possibility of using energy storage resources to improve the performance and flexibility of fossil fuel plants, and intends to announce a funding opportunity for projects in the second quarter of 2020. Co-locating energy storage with fossil-fueled facilities could provide more reliable and affordable energy with … [Read more...] about DOE eyes storage technologies to improve the performance of fossil fuel plants
Global EV sales will drop 43% in 2020 due to COVID-19, lower oil prices: WoodMac
Dive Brief: Global sales of electric vehicles (EV) will drop 43% in 2020 due to the novel coronavirus pandemic and its financial impacts, according to new research from Wood Mackenzie. In 2019 there were 2.2 million EVs sold, but the research firm expects just 1.3 million to be sold this year. However, WoodMac analysts say following a global recession this year, a strong … [Read more...] about Global EV sales will drop 43% in 2020 due to COVID-19, lower oil prices: WoodMac