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GET TIMELY INSIGHTS. Our blog showcases a variety of voices from our home at the University of Pennsylvania—including faculty, students, staff, senior fellows, and visiting scholars. Opinions and perspectives are from the authors; not the Kleinman Center.

Feb03
2018

Part 2: Philadelphia Energy Solutions Ch. 11 Fact and Fiction

Christina Simeone
The Philadelphia refinery says Renewable Energy Fuel Standard compliance costs were the source of its woes, but the real story is somewhere between tough luck and market realities.
Feb02
2018

Part 1: Philadelphia Energy Solutions Bankruptcy Basics

Christina Simeone
The East Coast's oldest and largest refinery filed for bankruptcy last week after a long history of being unprofitable. Find out why.
Jan23
2018

Solar Industry Growth Set to Slow

Christina Simeone
After months of fingernail biting, President Trump approved "safeguard tariffs" on imported solar equipment. While the situation seems dark, the sun will rise again.
Jan22
2018

Clean Energy Costs Continue to Fall

Mollie Simon
Can renewable energy keep up with fossil fuels? A new report from the International Renewable Energy Agency says yes.
Jan10
2018

Yamal LNG – A Big Win for Russian Gas?

Anna Mikulska
On December 8, a first LNG cargo left Russia’s Yamal Peninsula. The event has been considered a great win not only by Yamal LNG shareholders but also by the Russian government, which sees the project as a first step to Russia’s becoming the world’s top LNG player. Yamal LNG was completed on time despite difficult...
Jan09
2018

FERC Says No to Resilience NOPR

Christina Simeone
Yesterday, facts (the real ones, not the alternative kind) ruled the day at FERC, as the commission unanimously rejected the proposal from Department of Energy (DOE) Secretary Rick Perry to guarantee cost recovery to merchant nuclear and coal plants that store 90 days of fuel on site. FERC’s January 8th order came...
Jan03
2018

Polar Stress Test Revisits Gas-Powered Grids

Christina Simeone
As 2017 closed out, a deep freeze set in, chilling much of the United States to record-low temperature levels. Artic air moving down from the “polar vortex” had invaded, again. To coin a phrase from HBO’s popular series Game of Thrones, “winter is here.” While the deep freeze remains in place, electric power grids...
Dec21
2017

China Introduces Emissions Trading System

Oscar Serpell
As the EPA Moves to Replace the Clean Power Plan, China Launches Nationwide Carbon Trading On Tuesday, the Chinese government released plans for the largest carbon credit market in the world. The nationwide program will cap the total carbon allowance of the power generation sector and, over the coming years, is...
Dec19
2017

The World Bank Moves Away From Fossil Fuels

Mollie Simon
Last week the World Bank Group announced that beginning in 2019 they would no longer be financing oil and gas projects. The World Bank provides loans to developing countries to help foster economic growth. In 2013, the World Bank made a similar commitment to no longer fund coal based projects. The Bank did include the...
Dec13
2017

Part 3: Utilities Continue Coal Retreat, Advance on Gas and Renewables

Christina Simeone
In my previous two blogs, I talked about historic trends and future forecasts of coal power plant retirements in cost-of-service regulated and competitive market areas. I also highlighted some questions and a disconnect with the U.S. DOE's recent resiliency proposal. Increasingly, regulated power regimes are moving...

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