Tag Archives: Omaha-based Tenaska

Concerns over CO₂

By Dean Olson, Illinois Times

Landowners, environmentalists and farmers voice concerns about
the proposed $3 billion Heartland Greenway pipeline.

The steel pipeline, ranging in diameter from six to 24 inches and five feet underground, would receive CO₂ emitted by ethanol and fertilizer plants in South Dakota, Minnesota, Nebraska, Iowa and Illinois. The CO₂ would be dehydrated, liquified and put under pressure before entering the pipeline.

It would be the first major project of its type in Illinois and would pass through 13 counties in the state – Sangamon, Hancock, Adams, McDonough, Henry, Knox, Fulton, Schuyler, Brown, Pike, Scott, Morgan and Christian. Read more here.

The University of California system is ending its investment in fossil fuels

By Umair Irfan, Vox

This story is part of Covering Climate Now, a global collaboration of more than 250 news outlets to strengthen coverage of the climate story.

The University of California system, which educates more than 280,000 students and employs 227,000 faculty and staff, announced late Tuesday it is divesting from fossil fuels. It’s the single largest action to date in the growing movement of institutions withdrawing their financial stakes in the industry that’s the principal driver of climate change. “We believe hanging on to fossil fuel assets is a financial risk,” wrote Jagdeep Singh Bachher, the UC’s chief investment officer, and Richard Sherman, chair of the UC Board of Regents’ Investments Committee, in an op-ed in the Los Angeles Times. By the end of September, the UC’s $70 billion pension fund and $13.4 billion endowment will no longer hold any stakes in companies involved with extracting fossil fuels. Read more here.

Related 

  • Study Warns that Gas Plants Could become Stranded Assets, Microgrid Knowledge
    Utilities, investors and regulators should stop the rush to natural gas and choose clean energy portfolios (CEP) made up of combinations of solar, wind, storage, efficiency and demand response, warns a new report from the Rocky Mountain Institute (RMI). If they don’t, many gas plants will become stranded assets, raising the specter that ratepayers will have to pay for them, said Chaz Teplin, a manager in RMI’s electricity practice. “We’re hoping that regulators, utilities and investors think really hard about whether new gas plants are wise investments,” said Teplin.
  • Previously Posted: The growing concern over stranded assets, GreenBiz

ADDITIONAL RECOMMENDED READING

MORE ON CORPORATE RENEWABLE ENERGY PROCUREMENT

THE TERRATON PROJECT

Mission: Remove a trillion tons of carbon from the atmosphere, GreenBiz
The Terraton Initiative embodies one specific goal — to remove 1 trillion metric tons of carbon from Earth’s atmosphere. Indigo Agriculture, an agricultural technology company based in Massachusetts, founded and runs the project.

GLOBAL ENERGY STORAGE REPORTS

Nothing standing in the way of energy storage’s ‘explosive growth’: Navigant, Utility Dive
“Nothing really does seem to be standing in the way of its explosive growth,” Ricardo Rodriguez, research analyst for distributed energy storage at Navigant Research, told Utility Dive. The market research company in its latest report identified close to 2,100 energy storage projects globally. And international storage markets are anticipated to grow exponentially over the next decade, a second report from Rethink Technology Research found.

Cornhusker Harvest wind project advances

Seward County Independent

The Cornhusker Harvest wind farm project, owned by Apex Clean Energy out of Charlottesville, Virginia, is making advances to complete land lease agreements with residents of Saline County by year’s end. “Over 80% of agreements have been signed and that’s a very good milestone to be hitting,” Max Jabrixio, public engagement manager for Apex said. The project is to be located near the Tobias/Milligan area. According to project developer Dylan Ikkala, 25,000 of an estimated 32,000 acres of land have been aquired. Apex has been working on the land leasing portion of the project since 2016. Continue reading here.

Featured Resource
WINDExchange: Wind Energy in Nebraska

Another Midwest Wind Farm Celebrated
Construction of Tenaska Clear Creek Energy Center Celebrated, PR Newswire
Wind Farm Brings Jobs, Tax Revenue, Landowner Lease Payments to Nodaway County in Missouri.

Iowa Governor To Lead Midwestern Governors Association With Focus On Transmission

By Betsy Lillian, North American Windpower

The Midwestern Governors Association (MGA) has announced its 2019 leadership: Iowa Gov. Kim Reynolds and Minnesota Gov. Tim Walz have been named chair and vice chair of the association, respectively . . . Under Reynolds – hailing from wind-rich Iowa – the association will bring together the energy policy and utility regulatory staff, as well as the Midcontinent Independent System Operator (MISO) and stakeholders, to establish a long-term transmission grid vision for the region. Read more here.

Previously Posted

Omaha-based Tenaska developing 2,000 MW of solar in the Midcontinent Independent System Operator (MISO) Market, Tenaska News Release

The transaction includes 14 solar projects with approximately 2,000 megawatts (MW) in the Midcontinent Independent System Operator (MISO) market. The portfolio represents a large share of all solar projects currently in the MISO North interconnection queue, with projects in Michigan, Missouri, Illinois, Wisconsin, Indiana and Minnesota.  Flickr Photo by Juwi Renewable Energies Limited

Solar tsunami, PV Magazine USA
Developers have applied to build 139 GWac of large-scale solar projects in the territory of six grid operators – around five times what is currently online across the country – and that figure doesn’t even cover the entire United States. By any metric, we are looking at an unprecedented boom in solar development over the next five years. 

Electric Power Markets: National Overview, Federal Energy Regulatory Commission (FERC)

Nebraska is a member of the Southwest Power Pool (SPP) wholesale market.

Based in Little Rock, Arkansas. SPP manages transmission in fourteen states: Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wyoming. Its membership is comprised of investor-owned utilities, municipal
systems, generation and transmission cooperatives, state authorities, independent power producers, power marketers and independent transmission companies.

Utilities, Municipalities Are Warming Up To Solar Power

Written by Scott Wiater, President and CEO of Maryland-based Standard Solar Posted by Solar Industry Magazine

Although some of the biggest utilities outside of California are still struggling to deal with integrating solar into their portfolios, there are many utilities that get it. Some are large – Duke Energy and Dominion Energy, to name but two. Some are small, such as the Jacksonville Electric Authority (JEA) in Florida and River Falls, Wis., Municipal Utilities. Read more here.

Photo by Erik Christensen, Flickr

ADDITIONAL RECOMMENDED READING

Future wind farm to benefit local economy

By Katie Stevenson, News Editor, Northwest Missourian

“Tenaska is developing a 200 to 300-megawatt wind project near Maryville in Nodaway County,” Ten Kley [Director of Strategic Development & Acquisitions at Tenaska] said. “Since we first started talking to landowners in April, we have signed agreements for the majority of the acres needed to construct the project, and we are driving toward completion of our leasing efforts.”

The Tenaska wind farm will boost the local economy, according to Ten Kley. The total estimated construction will cost between $200 million to $300 million but will also increase tax revenue to the local government. Continue reading.

Photo: Tenaska Headquarters in Omaha

ADDITIONAL RECOMMENDED READING

Tenaska activates 150 MW solar plant, sells solar power to SDG&E

By Editors of Electric Light & Power / POWERGRID International

tenaskaThe 150 MW Tenaska Imperial Solar Energy Center West, a new solar plant in Southern California capable of powering 55,000 homes, is fully operational. The project supplies power under a 25-year agreement with San Diego Gas & Electric Co. ( SDG&E). Tenaska Imperial West is Omaha, Nebraska-based Tenaska’s second large-scale solar power project to achieve commercial operation and highlights the company’s ongoing commitment to renewable energy. Read more.

Two big power consumers leaving Berkshire Hathaway’s NV Energy and purchasing energy from Omaha-based Tenaska

By Mark Chediak and Noah Buhayar, Bloomberg Businessweek

Bloomberg graphic2

When Warren Buffett’s Berkshire Hathaway bought Nevada’s main utility, NV Energy, three years ago, it inherited a lucrative customer base: the neon-lit, air-conditioned casino-hotels on the Las Vegas Strip. Now they’re in the midst of a costly split. Lured by the prospect of cheaper, cleaner energy elsewhere, two of the Strip’s biggest power users, MGM Resorts International and Wynn Resorts, told regulators in May they’re willing to pay millions in fees to ditch NV Energy’s services . . . The Public Utilities Commission determined MGM must pay $86.9 million to NV Energy, based on its usage. The company has entered into a power purchase contract with Nebraska-based Tenaska Power Services, which markets natural gas and electric power. “It is our objective to reduce MGM’s environmental impact by decreasing the use of energy and aggressively pursuing renewable energy sources,” MGM Executive Vice President John McManus wrote in a May 19 letter to regulators. Read more here.

As revenue falls with natural gas prices, Tenaska builds renewable energy profile

By Cole Epley, Omaha World-Herald

Making money in the energy business isn’t nearly as easy as it was in 2008, when natural gas was fetching more than five times the price it’s bringing today.

But Omaha-based Tenaska didn’t have any investments in wind energy at that time, nor did it have any holdings in solar power, which these days are helping offset margins that have cratered with natural gas prices, the company said.

Continue reading.

Doug Perry, Asset Manager for Tenaska, serves as an advisor to Nebraskans for Solar’s Board of Directors.