Border battle: ND refuses to pay millions in MN renewable energy bills

By   /  April 15, 2014  /  Energy, Environment, Environmental, Global warming/climate change, Minnesota, News, North Dakota, Regulatory Reform  /  No Comments

NO (RENEWABLE) ELECTRIFICATION WITHOUT REPRESENTATION:  North Dakota ratepayers will save nearly $6 million in charges for costly MN renewable energy costs under new agreement with MN-based utility.
MN DEED photo.

Call it “no (renewable) electrification without representation.”

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Feds to troll SolarCity books while company seeks another $14.6M

By   /  April 7, 2014  /  California, Energy, Environmental, Featured, National, News, Stimulus  /  No Comments

WE WERE GYPPED: Installation and leasing companies owned by SolarCity say the feds owe them $14 million.

By Eric Boehm and Tori Richards | Watchdog.org
Federal investigators will spend the next year going through the books of two solar-energy companies tied to billionaire Elon Musk in an effort to show the businesses overvalued sales contracts in order to claim millions in federal assistance.
 
The government action comes in response to a lawsuit brought by the two [...]

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Kemper Project costs rise another $177 million

By   /  April 3, 2014  /  Business, Capitalism, Climate Change, Energy, Environmental, Global warming/climate change, Mississippi, News, Politics, State House, State Lobbying, State Politics, State Senate, Uncategorized  /  No Comments

UP, UP AND AWAY: Costs continue to rise on the Kemper Project, a power plant designed to convert lignite coal into natural gas-like syngas to feed its generators. PHOTO BY: SOUTHERN COMPANY

Mississippi Power said its Kemper power plant project will cost another $177 million and that ratepayers won’t be footing the bill.

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Green energy company KiOR stays afloat

By   /  April 2, 2014  /  Energy, Environment, Environmental, Mississippi, News, venture capital  /  No Comments

IDLE: The Kior plant in Columbus, Mississippi is designed to turn wood chips into gasoline. The state loaned the company $75 million with a no-interest loan to build the Columbus facility and a larger plant in Natchez in 2010.

By Steve Wilson | Mississippi Watchdog
For KiOR, it’s a financial buzzer-beater.
A firm owned by venture capitalist Vinod Khosla gave the struggling green energy company KiOR a $25-million loan to stay afloat until August. It is set to receive the first $5-million installment Thursday.
The company released an 8-K ruling with the Securities and Exchange Commission Tuesday and said [...]

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Shocking: Drivers set to get break filling up (electric) cars

By   /  April 2, 2014  /  Climate Change, Environment, Global warming/climate change, Minnesota, News  /  No Comments

AP file photo

A bipartisan bill speeding through the Minnesota State Legislature hands drivers a big break in the cost of filling up.

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