POV: Power Breakfast

Power Breakfast for Oct. 14, 2015

EDF reports on Texas; WSJ reports on coal mines for sale; Bloomberg reports on global energy trends


POV: Power Breakfast

A nearly daily round-up of energy-related news for your consideration:

  • The Environmental Defense Fund published a report yesterday that suggests Texas will be 88% of the way toward compliance with the Clean Power Plan by virtue of market trends and that the state should capitalize on its existing momentum. Here’s the full report: Well Within Reach: How Texas Can Comply with and Benefit from the Clean Power Plan, and here‘s the accompanying press release.
  • The WSJ reports many coal mines are for sale, but, “For now, analysts say, deal-making in the U.S. coal sector features mainly smaller players picking off modest mining operations.” (Sub. req.)
  • Michael Liebreich, the founder of Bloomberg New Energy Finance, says we are in the “age of plenty” and cited three global trends: “1. Cheap fossil fuels are here to stay because production costs are tumbling. 2. Intermittent renewables will dominate electricity supply by 2040, with huge challenges for grid managers. 3. Electricity demand is flattening out, losing its link with economic growth.”

 

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