Source: U.S. Energy Information Administration, Monthly Energy Review, Electric Power Annual, Short-Term Energy Outlook, and Annual Energy Outlook The federal government says while only 3% of electricity in 2020 was generated by solar power, it predicts the amount will be up to 20% by 2050. The U.S. Energy Information Administration released its Electric Power Annual report solar power accounted for 3% …
Category: Solar Energy in Oklahoma
California firm to invest $1 billion in Texas solar operations
A petroleum products company announces it will invest $1 billion to build two solar-plus-storage power plant facilities in Texas. The move by Chem-Energy Corp., a California-based petroleum trading firm and energy company will involve construction near the Austin suburb of Kyle reported the Austin Business Journal. Click here for Austin Business Journal.
Energy news headlines for Friday
** Electric-truck maker Rivian went public in the largest U.S. IPO since 2014. The stock opened at $106.75, above its initial public offering price of $78. The upstart auto manufacturer is backed by some big names, including Amazon and Ford. ** Six major automakers, including Ford and General Motors, pledge to phase out gasoline- and diesel-powered vehicles by 2040 worldwide, though …
Regulators to consider PSO plans for the future
Oklahoma Corporation Commissioners plan a special meeting next week to begin reviewing future energy needs and plans for Public Service Company of Oklahoma. In the 10:30 a.m. meeting on Monday, November 15, the commissioners will review PSO’s 2021 Integrated Resource Plan. But a vote is not anticipated. In its 466 page report, PSO indicated it …
Thursday energy news headlines
** At the U.N. Climate Change Conference on Tuesday, Rep. Alexandria Ocasio-Cortez, D-N.Y., said that “America is back” as a leader on climate change and predicted that the Biden administration’s Build Back Better plan and its wide-ranging climate provisions would soon be passed into law. ** The U.S. government projected that the global oil market will become oversupplied and …
Rogers, Arkansas going 100% renewable energy
The city of Rogers, Arkansas is on a path to using 100% renewable energy to power its city operations. City council members recently approved a more than $12 million solar panel project for their police department and fire department structures reported the Northwest Arkansas Democrat Gazette. Click here for Northwest Arkansas Democrat Gazette
Entergy Arkansas shifts from plans to add gas turbines
Entergy Arkansas files an energy plan with state regulators that replaces a previous proposal to build a new natural-gas plant with more solar development. In its 2021 Integrated Resource Plan, the company indicated it is taking a path toward more renewable resources reported the Northwest Arkansas Democrat-Gazette. Click here for Northwest Arkansas Democrat-Gazette.
3Q results show improved earnings for OGE Energy Corp.
OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company, and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP reported earnings of $1.26 per diluted share for the three months ended September 30, 2021 compared to earnings of $0.89 per diluted share for the third quarter of 2020. Here’s …
Massive solar farm planned at Kansas City’s airport
Kansas City unveiled plans to build a 2,000-acre solar farm at the Kansas City International Airport making it one of the largest such installations in the nation. The City Manager says it’s not a question of if but how the city is going to proceed reports KCUR radio. Click here for KCUR Radio report. …
Another major solar farm for Pueblo, Colorado
Another massive solar farm will be built near Pueblo, Colorado. Plans for the 298-megawatt solar farm were announced this week by Xcel Energy and Lightsource bp. It will be the second in the city for Lightsource bp which will sell the power to Xcel and represents a cumulative half billion-dollar private investment in the …