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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

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. Fitch wrote in Thursday’s proposed decision.

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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.  Demand The most critical of energy transition minerals.   Demand is on the rise.

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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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‘This Needs to Be Fixed’: Nuclear Expert Calls Radioactivity Levels Found Outside Ohio Oilfield Waste Facility ‘Excessive’

DeSmogBlog

.” The Ohio and Pennsylvania advocacy groups sent the Austin Master samples to Marco Kaltofen, a nuclear forensics scientist in Massachusetts who has extensive experience examining radioactive waste from the nuclear weapons, nuclear power generation, and oil and gas industries.

Waste 98
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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. Energy & industry. Happy Monday!    Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates.