California finding it difficult to get past natural gas In late 2019, Southern California Edison released “Pathway 2045”, its report on how the utility will meet the state’s aggressive carbon reduction mandates. Just over a year earlier, then-Governor Gavin Jerry Brown (D) signed into law S.B. 100, which accelerated the state’s existing renewable portfolio standard […]
Biden’s energy plan touts significant investment in clean technology as key to job growth, security
Former Vice President and presumptive Democratic presidential nominee Joseph R. Biden, Jr. this week released an outline of his wide-ranging clean energy plan that includes $2 trillion of investments in everything from infrastructure and transit to housing and agriculture. Biden says the plan is designed to spur job growth, drive American innovation, and “build a […]
Pain in the Permian: Renewable Edition
Pain in the Permian: Renewable Edition On March 8th, global oil prices fell by the largest amount since the 1991 Gulf War as Saudi Arabia abruptly ended its agreement with Russia to regulate prices through coordinated production cuts. The move sparked fears of a price war and came amid price declines caused by the COVID-19 […]
Can New York Build Renewables Fast Enough to Comply with Renewable Targets? Not Without Reforms.
During the summer of 2019 New York State passed the nation’s most stringent energy law in the form of the Climate Leadership and Community Protection Act (“CLCPA”). The law, which EVA analyzed in a recent special report, requires 70% of all electricity sales to be sourced from renewables by 2030, 100% of electricity from carbon-free […]
EVA Performs New York Wind Decommissioning Study
Energy Ventures Analysis was hired this summer to provide the townships impacted by the Canisteo Wind project with an independent estimate for the potential cost of decommissioning the project at the end of its useful life. The full report can be found here ([download id=”72848″]) and EVA’s expert testimony on the matter can be found […]
Special Report: New York’s “Green New Deal”
EVA has published a special report analyzing the power-sector impacts of New York’s “Green New Deal” legislation. An executive summary of the report can be read below. Executive Summary Background on New York’s ” Green New Deal” On July 18th, 2019, Governor Andrew Cuomo (D-NY) signed into law the Climate Leadership and Community Protection Act […]
Gas and Coal Burn Sensitivity Outlook: MISO Spotlight
EVA’s latest monthly Gas and Coal Price Sensitivity Outlook indicates that annual 2019 coal burn will end up below 600 million tons while gas burn will surpass 2018 levels and end up at nearly 29 BCFD for the year. January gas burn was off to a good start with a 6.2% increase YoY, despite total […]