Pres. Trump Defies Free Market Principles and Moves to Force Consumers to Pay for Uneconomic Power

Yesterday, Bloomberg reported that the Trump Administration is preparing to issue a bailout for uneconomic coal and nuclear plants by forcing grid operators to buy their power. As renewable energy and natural gas has become very inexpensive, many coal and nuclear plants can no longer compete on price without intervention such as what is proposed by the Administration, and are therefore likely be retired soon. The Administration claims that the retirement of these plants is a national security emergency, although there seems to be little factual basis for this claim. The move to mandate the purchase of electricity from old, uneconomic sources and guarantee them revenue has been heralded as an unprecedented intervention into energy markets.

Can you win this Bluff the Reader game?

Here are two recent websites. Can you guess which one is real news and which one is the hoax? No Googling and put your answers in as a comment below!                         Thanks for playing!

New Report PROVES Wind Power’s REAL cost!

Average wind farm installation prices have dropped to roughly $1,590/kW (kilowatt). Some projects in the Interior region of the country were installed for roughly $1,200/kW. The national average levelized cost of power purchase agreements (PPA) has reached $20 per megawatt ($20/MWh), or 2 cents per kilowatt hour, with a number of projects in the Interior region venturing below 2 cents. Those prices are below long-term fuel costs for natural gas power plants.

Does “SMR” stand for “Squandering More Resources?”

What does the acronym “SMR” stand for? If you’re talking about plans for TVA’s Clinch River Site near Kingston, Tennessee there may be multiple answers. TVA and nuclear industry proponents would say you’re referring to a plan to possibly build up to 800 megawatts of new nuclear power technology known as Small Modular Reactors. But for those of us concerned with yet another untested, risky nuclear scheme, it stands for “Squandering More Resources” or “Squandering Money and Resources” on something that is clearly not needed, which TVA itself recently stated.

Guest Post: Making America inefficient: the budget’s gory details

This post was written by Lowell Ungar, Senior Policy Advisor at the American Council for an Energy-Efficient Economy and originally appeared on ACEEE’s website on May 24, 2017. You can view the original post here.   The Trump administration seeks crippling cuts to programs that accomplish the very goals of the proposed 2018 budget: jobs, economic growth, […]

SACE to Host Series of Department of Energy Meetings for Solar Funding Opportunity

The U.S. Department of Energy SunShot Initiative has launched the “Solar in Your Community”, a challenge to inspire hundreds of local teams across the country to participate in bringing solar programs and projects to their communities. It aims to expand the solar market to a diverse array of new consumers, including low- and moderate-income customers, and nonprofit community-serving organizations.

Favorable Environmental Review Green Lights Wind Energy Power Line Project

The favorable environmental assessment helps pave the way for up to 4,000 megawatts of wind power to be delivered into the south. That amount of wind power could generate as much electricity consumed by nearly 1.5 million southern homes and would more than double the amount of wind power purchased in the region. Alabama Power, Georgia Power, Gulf Power, the Southwestern Electric Power Company (SWEPCO) and the Tennessee Valley Authority (TVA) are already purchasing over 3,000 megawatts of wind power, with utilities planning to purchase gigawatts more.

Labor and the Clean Power Plan: More Jobs, More Justice

The final Clean Power Plan is structured to create thousands more new jobs in clean energy and energy efficiency, with incentives to create good jobs in vulnerable communities. It recommends robust standards to ensure that the new jobs lead to quality careers. The Clean Power Plan and related initiatives also contain vital protections for coal workers and communities. The EPA and DOE have both acted to help ensure that unions, affected workers, and their communities will be treated as stakeholders whose views are heard and reflected in the state processes to create implementation plans. What’s more, the plan addresses concerns from affected unions about ensuring our power system is reliable, the timeline for compliance, and emissions reduction credits for manufacturing processes such as combined heat and power.

New nuclear reactor designs and concepts are expensive, challenging – New GAO report

The U.S. Government Accountability Office (GAO) released a new technology assessment report yesterday, “Nuclear Reactors: Status and challenges in development and deployment of new commercial concepts.” But the results of the study were anything but new. The GAO’s findings confirmed that new nuclear reactor technologies, such as small modular reactors (SMRs), and other new reactor […]

New DOE Report on Enabling Wind Power in the Southeast and Nationwide

This blog is the second in a series from Southern Alliance for Clean Energy staff attending the American Wind Energy Association’s WINDPOWER 2015 Conference & Expo in Orlando, Florida. This post is re-posted from the Department of Energy, originally posted here this morning. In support of the President’s all-of-the above energy strategy, Energy Secretary Ernest Moniz today […]