POV: Power Breakfast

Power Breakfast for Feb. 29, 2016

Coal was 2015's primary fuel source; Warren Buffett pledges to spend $15 billion on renewable power; State of the Electric Utility report shows an increase in utility-scale solar

POV: Power Breakfast

A nearly daily update of energy-related news:

  • Coal and natural gas were the top two (respectively) primary fuel sources for the U.S. in 2015 according to the latest data released by the EIA. Coal produced 1.4 billion MWh per day in 2015 while natural gas produced a record high 1.3 billion MWh per day of electricity on average. The next biggest sources of power in 2015 were nuclear followed by non-hydro and solar renewables.
  • In his annual letter to shareholders, Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., pledged to spend $15 billion on renewable-power development. Buffett stated that subsidized wind and solar power in the U.S. may bring challenges to the power industry saying “Tax credits, or other government-mandated help for renewables, may eventually erode the economics of the incumbent utility, particularly if it is a high-cost operator…”
  • Utility Dive’s State of the Electric Utility 2016 report shows that 91 percent of the survey respondents expect utility-scale solar’s share of the power mix to increase over the next five years. Coal, nuclear power and petroleum generation are all projected to decrease over the next 20 years.
More Pov


TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company

News Release   TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company     *** Energy Industry Veteran Curt Morgan Formally Named CEO   *** Restructuring Eliminates More Than $33 Billion in Debt   *** Benefits from Low Leverage Relative to Peer Group   *** Company […]

Job One Profiles: Razen Thomas

Razen Thomas is proud to be Powering Texas and proud of the hard work and innovation that she sees from her colleagues every day at Oak Grove Power Plant. As support manager, Razen makes sure everyone has the tools, equipment and processes to do their jobs safely and effectively. Watch this month’s Job One Profile […]

A Soaring Success

An abundance of wildlife, including numerous bald eagles, call Luminant’s sites and reclaimed land home. When Liberty Mine’s resident bald eagle pair returns this fall, they’ll find a few home renovations – most notably, a new nest location. The eagles’ nest was recently moved away from mining activities to a new location on company property […]