March 26 Energy News
Opinion:
¶ Has US Nuclear Power’s Death Spiral Begun? • Crashing prices for natural gas and accelerating market penetration of renewable energy have both contributed to dramatic drops in wholesale power price levels, leaving nuclear power with few options other than surrender. [IEEE Spectrum]
The Quad Cities nuclear plant is getting help from
a regional grid operator. Photo: Kevin Schmidt/Alamy
¶ US Chamber of Commerce Forecasts No Growth in Renewable Energy. We Disagree. • The Chamber wants to belittle both the supply and demand for renewable energy, when Main Street and Fortune 500 companies continue to make investments greatly outpacing expectations. [The Equation]
World:
¶ Investment in renewable energy hit a record $286 billion (€256 billion) in 2015, a UN report says. For the first time, over half came from developing countries. New investment in cleaner energy has exceeded $2.3 trillion since 2004, when investments totaled…
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