Utility executives push transition from coal to cleaner energy sources

first_img FacebookTwitterLinkedInEmailPrint分享E&E News:Patti Poppe used to drive around with an “I ‘heart’ COAL” bumper sticker, but now the CEO of Michigan-based CMS Energy Corp. is eager to talk about phasing out the fossil fuel. “There’s no room, in my opinion, for coal-fueled generation in a clean and lean future,” Poppe said.CEO Curt Morgan of Texas-based Vistra Energy Corp. loves coal-fired generation but sees economic and climate headwinds. He expects a rash of U.S. coal plant closures over the next two decades. “I think gas will be the companion technology along with renewables,” Morgan said.And CEO Mauricio Gutierrez of NRG Energy Inc., whose fossil fuel portfolio includes a stake in a carbon capture project, emphasizes a belief that the U.S. power industry is “going to be low carbon” even if some coal may remain on the grid as technology evolves.The three chief executives — as well as CEO Pedro Pizarro of California’s Edison International — recently spoke with E&E News while in Houston, where they attended CERAWeek by IHS Markit. In separate discussions, the executives described the economics, technology and trends driving the electricity sector in a greener direction.They illustrate how power companies aren’t waiting for Congress or the White House to deliver a new energy policy initiative or a federal Green New Deal. They’re preparing for a cleaner energy mix.“While they’re discussing it, thinking about it, arguing about it in Washington, D.C., I can speak for our team,” Poppe said. “In Michigan, we’re going to be doing what it takes.”More: As D.C. dawdles, CEOs shift power companies to green Utility executives push transition from coal to cleaner energy sourceslast_img

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