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ComEd Agrees to $200M Fine on Federal Bribery Charge

GreenTechMedia

The scandal has cast a pall over ComEd’s relationship with state lawmakers and clean energy advocates, and has stymied its efforts to move ahead with preferred legislation. Under a landmark 2011 state law, ComEd has spent $2.6 ComEd is also struggling to justify its $9.53 ComEd is also struggling to justify its $9.53

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

For the past nine years, Chicago-based utility ComEd has earned excessive profits from a regulatory structure set in place by a 2011 state law whose passage has been linked to a bribery scandal that’s embroiled key state lawmakers and ComEd’s former CEO. The workings of the 2011 Energy Infrastructure Modernization Act.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

gigawatt reliability resources procurement between 2021 and 2023. Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Zambia produced 760k tons of ore in 2023. Demand The most critical of energy transition minerals. Mineral ambitions.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. Net zero policy and delivery clarity - A recurring theme in the Review is the call for Ministers to provide greater transparency around how the net zero transition is proceeding.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Total 2023 investment was up 133% compared to the prior year. Energy & industry. Meanwhile, wind investment slipped 37% in 2023, reflecting the year’s headwinds in wind.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Join us for a webinar Jan 25th on Sightline Climate’s 2023 investment trends, insights, and discussion.   Ship Orders  Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the  world’s first clean ammonia-powered container ship.   Want more deals?