Headline News:
- Ohio-based utility giant FirstEnergy wants the DOE to bail out its uneconomic coal and nuclear plants, along with all other ailing plants in the 13-state PJM Interconnection region. They claimed plant closings would threaten grid resilience. Federal regulators and many, many experts agree there is no imminent threat to the electric grid. [Environmental Defense Fund]
Coal-burning power plant (Public domain)
- With the hours winding down for FirstEnergy Solutions to repay its $98.9 million senior unsecured bond that matures on Monday, all signs point toward the power generating subsidiary of Akron-based FirstEnergy Corp filing soon for bankruptcy protection. FirstEnergy has warned about the possibility since November 2016. [Akron Beacon Journal]
- DTE Energy Co is proposing new wind and solar projects in Michigan that would double the utility’s renewable energy capacity. The plan includes $1.7 billion in investments and would increase DTE’s renewable energy capacity by 2022 from 1,000 MW to 2,000 MW. That is enough clean energy to power over 800,000 homes. [ABC 12 News]
- A central Texas town that already uses 100% renewable energy is working out a plan to generate more electricity locally so it can stop buying power to meet demand. The city of Georgetown wants to start paying property owners to let the city-owned utility install solar panels on their roofs and feed the energy into the grid. [Big Country Homepage]
- Since Volkswagen’s diesel cheating scandal broke in 2015, it has taken a $25 billion hit in the US alone. Part of that is for fines imposed by various government regulators, and part of it is the cost of buying back 300,000 of the more than 500,000 diesel cars it sold in America after 2008. Storing all those cars is a problem in itself. [CleanTechnica]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
March 31 Green Energy News posted first on Green Energy Times
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