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Alliant Energy Pledges To Eliminate Coal From Its Portfolio By 2050

By Frank Andorka, Senior Correspondent

Days after announcing it would pay $110 million to get out of a contract that required it to buy power from an Iowa nuclear plant, Alliant Energy announced it was planning to reduce its carbon emissions by 80% and eliminate coal from its portfolio by 2050.

The Madison, Wisconsin-based utility that serves Iowa in addition to its home state made the announcement in its corporate sustainability report.

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The company says it plans to spend $2 billion on new renewable investments including wind and solar, including doubling the number of wind sites from six to 12 (some of which, as we reported last week, will go to offset the retirement of the nuclear plant). They also pledged that renewables would make up 30% of the utility’s total generation portfolio by 2030.

Alliant Energy Chairman and CEO Patricia Kampling said:

Alliant Energy is acting today to create a better tomorrow for our customers and communities,” said “We are transforming our energy fleet with an eye on customer cost, carbon reduction and providing cleaner and reliable power to the communities we serve.

One of the most interesting parts of the press release announcing the plan was this:

These actions will enable Alliant Energy to exceed carbon reduction goals pledged originally by the U.S. under the voluntary United Nations Paris Accord. While the Accord calls for reducing carbon 32 percent below 2005 levels by 2030, Alliant Energy’s plans enable a 40 percent reduction by that time.

It also announced Dubuque community solar garden is the first Envision® Platinum-rated solar project in the nation.

The bottom line is this: Clearly, President Donald Trump’s decision to pull out of the Paris Accord has not stopped the U.S. business community – including utilities directly affected by the greenhouse-gas emission targets – from continuing efforts to make sure those goals are met and (in the case of Alliant Energy, for example) exceeded. And the clean energy revolution, whether that’s wind or solar, is continuing along below the surface without no signs of abating.

Maybe it’s time for the federal government to realize that it’s time to stop fighting rearguard actions to save underperforming and ill-performing coal and nuclear plants. It’s simple really; all they’d have to do is follow Alliant Energy’s lead.

Coal, Nuke Bailout Could Reach $34 Billion, New Study Says

By Frank Andorka, Senior Correspondent

So apparently the bailout of nuclear and coal plants is still a thing that is under consideration, so I have to keep writing about it. This time, there’s a new study out that says the new bailout is going to cost $34 billion – that’s B-illion, with a “b” – to implement. When there are more competitive solutions like solar and wind on the open market.

Are we tired of all the winning yet?

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The Houston Chronicle reported today on the study, which was prepared for pro-solar advocacy group Advanced Energy Economy by the The Brattle Group, which the newspaper points out is opposed to the bailout plan (as are most Americans, based on all the support solar and wind get in all of the polls, Katie). I’ve included the entire report below, and it is certainly worth reading in its entirety. But I’ll post a couple of highlights from the executive summary to whet your appetite:

“Current and likely future wholesale market conditions will continue to add pressure on some coal and nuclear plants to retire even if a financial support mechanism is put in place.”
Damn that INVISIBLE HAND! It seems that no matter how much Donald Trump and Rick Perry want to prop up these failing plants, Adam Smith’s Hand will come along to keep them failing.

“We conservatively estimate that cost-of-service recovery (including embedded capital) could at least double the policy cost to between $20 and $35 billion per year.”
Well, now isn’t THAT a lovely thought? So we’re going to throw good money after bad and STILL not be able to save the coal jobs Trump promised.

And as for the nuclear side of things…I have two nuclear plants built in the 1970s and 1980s that are STILL being paid off by me and my fellow ratepayers. Exactly how long are we planning these bailouts to last? And aren’t these the same government officials who keep telling us we have to reduce spending so we don’t leave an enormous debt burden to our children? Where is that restraint now?

This bailout is the same boondoggle it has always been, a giveaway to the monopoly utilities (another instance of cognitive dissonance that nearly makes my head explode, but that’s a discussion for another day) and their wealthy investors, while your average taxpayer and ratepayer get screwed. Tell me again the one about how you love the free market and how the government shouldn’t be picking winners and losers?

To hell with the lotta ya.

More:

Well, There Goes That Bulwark: Powelson’s Retirement Puts Coal, Nuke Bailout Back On The Front Burner

FERC Commissioners Tell Senate: Coal, Nuke Bailout Unnecessary

Despite True Believers, EXPERTS Say Trump Nuke Bailout Could Cost $17 Billion Per Year In Overly High Electric Bills

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ACC Insider Dealing Throws Shade on Arizona Solar Market

By Frank Andorka, Senior Correspondent

The invaluable Ryan Randazzo at AZCentral.com revealed today that the executive director of the Arizona Corporation Commission (ACC), which oversees public utilities in the state, has had to resign because his wife worked for the lobbying firm that represents – wait for it – the state’s largest utility, Arizona Public Service.

Although there is no evidence of direct influence, the scent of conflicted interests surrounding Executive Director Tom Vogt was so strong that he resigned ahead of an emergency meeting the commissioners had called to discuss whether he had in fact violated state law by not disclosing his wife’s job.

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Vogt was a strange choice as executive director when he joined the commission in January 2017. As I wrote at the time for pv magazine, his resume was pretty thin:

Vogt’s resume is longer, but his energy experience is even thinner than Forese’s. After a five-year career as an investment banker, Vogt entered the Air Force as an intelligence officer and served in Iraq and Afghanistan. He then joined then-Secretary of Defense Donald Rumsfeld’s staff as a daily intelligence briefer.

Vogt served three years as an Arizona representative and led the state’s Department of Veterans’ Services before Monday’s appointment. His most notable legislative achievements focused on veterans’ issues and not on energy. He is also a member of the American Legislative Exchange Council (ALEC), a conservative policy shop whose anti-solar stances are legendary.

Given the information Randazzo uncovered, is it really any surprise that the solar industry in, mind you, a state with the highest insolation rates in the country is struggling? Vogt is not the first commissioner to have ties to APS, and APS has not been shy about spreading its money around in commissioner races in the past. It’s nice to see some accountability finally being put in place for these conflicts, but Vogt isn’t the only compromised member of the commission. It will be interesting to see how this plays out in the long run.

It should also be noted that Vogt’s resignation comes shortly after Commissioner Andy Tobin put forth a proposal to raise Arizona’s RPS to 80% by 2050 to counter a proposal by progressive billionaire Tom Steyer to raise the RPS to 50% by 2030.

The difference between the two proposals is that Tobin’s is significantly more friendly to APS than Steyer’s plan, in that it considers nuclear power to be “clean energy.” APS currently owns two nuclear plants in the state and is the only utility to do so.

More:

Solar neophytes join ACC as its new leaders

Arizona Regulator Wants To Get Ahead Of The Voters (And That May Be OK)

Scott Pruitt Out At EPA; Former Coal Lobbyist To Step In For Now

By Frank Andorka, Senior Correspondent

There’s always a creative tension about covering the Environmental Protection Agency (EPA) as a solar reporter. On the one hand, they don’t have anything directly to do with energy policy, so some solar reporters feel it’s not worth covering.

On the other hand, as a solar reporter, it’s impossible to completely separate the environment and the Solar Revolution, since one of solar’s biggest selling points is that it helps reduce greenhouse gases and thereby helps the environment. Therefore, policy set by the EPA can have an indirect effect on the solar industry whether it wants it to or not.

But sometimes there’s a news story so big you have to cover it no matter what, and such is this afternoon’s news that the scandal-plagued EPA Administrator Scott Pruitt has resigned one step ahead of the law. And his replacement at the agency, on at least an interim basis, is former coal lobbyist Andrew Wheeler.

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This, as you might imagine, is not good news.

As the Department of Energy hatches plans to bailout failing coal and nuclear plants, it’s not out of the realm of possibility to see Wheeler finish the job Pruitt so clearly had started. Both men savor the idea of eviscerating any environmental protection regulations currently in place, and Wheeler may have an added incentive – in the form of his former coal colleagues calling him on the phone – to finish slashing regulations on coal mines faster than ever before.

Here’s where things get particularly ugly for the solar industry: Though Wheeler is only the interim EPA chief, he can hold the post for up to seven months under the Vacancies Reform Act because his appointment to the agency has already been confirmed by the Senate. And 210 days is plenty of time for Wheeler to work in concert with Secretary of Energy to finish the coal/nuclear bailout plan and give coal its time in the … sun … again.

Oy vey.