Turmoil at an Iconic American Hydropower Giant
The Bonneville Power Administration, the government-owned “power marketing agency” that serves the Pacific Northwest, is facing a strong current of problems. As cheap renewables make hydro less competitive in the region, BPA is now bleeding money. There’s now concern that its utility customers will stop buying hydro after contracts expire. Meanwhile, the cost of rehabilitating salmon populations is mounting. As the power provider grapples with $15 billion in debt, some are calling for a reformation of BPA. How can the government prepare the hulking agency for the competitive clean energy future? We’ll talk to a Jeremy P. Jacobs, a reporter for E&E’s Greenwire, who’s been digging into the story. You can read parts one, part two and part three of his ongoing series. Then, climate strikes swept the globe last Friday, raising unprecedented media coverage. How is this different from previous mobilizations around climate? We’ll put this moment in the context of recent history. Finally, offshore wind is getting dirt cheap in Europe. According to Carbon Brief, recent offshore wind prices are set to compete with existing gas seven years ahead of schedule. We’ll venture out to the leading edge of offshore wind development. Read along with us:E&E News: Jeremy Jacobs’ reporting on Bonneville Power AdministrationNew York Times: Climate Protesters and World Leaders on Same Planet, Different WorldsGTM: UK’s Offshore Wind Auction So Successful It Might Have Made Itself RedundantCarbon Brief: Record-Low Price for UK Offshore Wind Cheaper Than Existing Gas Plants by 2023Support for this podcast is brought to you by Sungrow. With the world’s most powerful 250-kilowatt, 1,500-volt string inverter, Sungrow is providing disruptive technology for utility-scale projects. Subscribe to GTM podcasts via Apple Podcasts, Spotify, Google Podcasts, Stitcher or wherever you find your audio content.