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Wildfire risk drives up Western utilities’ insurance premiums

Oct 28, 2024
In collaboration with
energynews.us
Wildfire risk drives up Western utilities’ insurance premiums

UTILITIES: Xcel Energy tells Colorado regulators that climate change, wildfire risk and litigation have prompted insurers to increase the utility’s premiums by nearly 400% over last year. (CPR)

ALSO: Wyoming lawmakers look to craft policies to attract more energy-intensive data centers to the state and help utilities deal with associated power demand increases. (WyoFile)

ELECTRIFICATION: A public-private partnership launches a project aimed at decarbonizing a Colorado manufactured-home community by replacing gas appliances with electric ones, bringing in solar power and making other efficiency upgrades. (Utility Dive)

ELECTRIC VEHICLES:

  • California regulators consider proposed rules requiring 50% of motorcycle sales to be electric or zero-emission by 2035. (CalMatters)
  • California regulators vote to amend the state’s Advanced Clean Trucks rule in an effort to help automakers comply with the requirement to phase out diesel truck sales by 2036. (E&E News, subscription)

LITHIUM:

POLLUTION: Colorado advocates urge federal regulators to classify the state’s heavily populated Front Range as an “extreme” ozone violator following an abnormally smoggy summer. (CPR)

SOLAR:

CLIMATE:

POLITICS: U.S. Sen. Martin Heinrich, a New Mexico Democrat, touts his support for the SunZia transmission project in a campaign ad, signaling the party’s potential shift toward pushing clean energy infrastructure. (HuffPost)

CLEAN ENERGY: Advocates call on Alaska to tap into its largely unrealized clean energy potential after a report finds the state acquires 2.6% of its electricity from solar, wind and geothermal sources. (Renewable Energy World)

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