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The U.S. Securities and Exchange Commission (SEC) announced on March 27 that it will no longer defend its controversial rules requiring companies to disclose climate-related risks, greenhouse gas (GHG) emissions, […]
The post SEC Ends Defense of Climate Disclosure Rules, Citing Cost and Intrusiveness appeared first on POWER Magazine.
In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. […]
The post Examining the Real Cost of Renewable Resiliency appeared first on POWER Magazine.
Maps | Levelised cost of Hydrogen https://www.iea.org/data-and-statistics/data-tools/levelised-cost-of-hydrogen-maps Finance for the Green Economy
Energy Central…
A couple of weeks ago I wrote a post about the cost of climate change. The current estimate is $ 196 trillion. That amount theoretically gets the world to net-zero by 2050. I look at the number and roll my eyes. The chances of achieving that level of funding is, well, zero. But the question the world should be asking is whether allocating that enormous sum is actually a wise financial..
Energy Central…
We are now in a time of decreased Security of Supply (call it SOS) and utilities are continuously challenged in keeping the guarantee of delivering power on the same level. A famous Dutch newspaper NRC told that cooling equipment will come into the economic range of many people in Developing Countries and increase the peaks on the grid. In many of these countries but also in the richer..
Energy Central…
Southern Co. on July 28 increased its cost estimate for Georgia Power’s share of the two-unit expansion of the Vogtle nuclear plant.
Southern, during an investor presentation of the company’s second-quarter financial results, said Georgia Power’s share of capital costs for the project has risen by $ 52 million, to about $ 10.5 billion in total. Georgia Power, the largest of four utilities owned by Southern Co., owns 45.7% of the project. The construction of Units 3 and 4 at Vogtle is years behind schedule, and the project’s price tag has ballooned to more than $ 30 billion, according to energy industry analysts.
The Vogtle expansion is adding two 1,117-MW Westinghouse AP1000 reactors to two existing units at the site in Waynesboro, Georgia. The project, when initially approved in 2009, was expected to cost about $ 14 billion, with the new reactors coming online in 2016 and 2017. Myriad issues have contributed to delays for the project, including the bankruptcy of Westinghouse and the coronavirus pandemic.…