energy
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Western governors’ eye nuclear for power demand
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The Western Governors’ Association’s two-day “Energy Superabundance” workshop this week brought together Gov. Brad Little of Idaho and Gov. Spencer Cox of Utah with federal regulators, utility executives, investors and supply-chain managers. The workshop in Idaho Falls focused on nuclear power’s chicken-and-egg problem. Without workers there are no factories, without factories there is no fuel,…
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Colorado regulators consider Xcel Energy’s proposal for 5,000 MW of new generation
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Colorado’s energy regulators are deliberating Xcel Energy’s request to build out new generating resources, even as business groups urged the commissioners to not “artificially” constrain the amount of power that industry experts concluded the state needs. Xcel is asking the Public Utilities Commission to build 5,000 megawatts of new capacity over the next five years. …
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Colorado Democrats advance proposal seeking to curb costs of utility bills
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Months after the Colorado legislature began investigating the state’s skyrocketing energy bills, Democrats advanced a proposal they say will help address the issue. Senate Bill 291 seeks to lower costs of utility bills and reduce future volatility by making several changes to the regulation of Colorado’s investor-owned electricity and natural gas providers, such as Xcel Energy, including…
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Colorado legislature forms special committee to investigate skyrocketing energy bills
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The Colorado legislature is setting its sights on the skyrocketing energy bills crushing households throughout the state, creating a special committee to investigate what’s going on. Senate President Steve Fenberg, D-Boulder, and House Speaker Julie McCluskie, D-Dillon, announced Thursday they are forming a joint select committee tasked with determining the cause of rising utility rates…
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4 years later: Polis’ inaugural promises revisited
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Jared Polis was sworn in for his second term as governor of Colorado on Tuesday, marking four years since he entered office with the promise of creating a “Colorado for all.” Far from being the state’s most prominent leader as he is today, Polis stood in front of the Capitol on Jan. 8, 2019 and…
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10th Circuit revives lawsuit over misrepresentations of Weld County oil, gas production
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A Texas woman may now have a jury decide whether she was duped into selling her royalty rights in Weld County when a buyer allegedly lied to her that no oil and gas production was occurring on the land in question. Last week, the U.S. Court of Appeals for the 10th Circuit reinstated the lawsuit…
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Residents want Denver building code to be greener, more electric focused
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Denver voters are a half-step closer to determining the future of the former Park Hill Golf Course land. The city’s Land Use, Transportation and Infrastructure Committee Tuesday sent a resolution to city council that authorizes the city to put the question of whether the land should stay open space or be cleared to allow development…
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‘Do no harm,’ Colorado chamber tells legislators ahead of 2023 session
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Preventing “new mandates and regulatory burdens” sits atop the legislative priorities of the Colorado Chamber of Commerce, which urged policymakers to “do no harm” when they convene for the new legislative session next month. The chamber said its agenda for next year – which outlines its short and long-term policy positions on labor and employment,…
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By 5-2, state Supreme Court green-lights investors’ lawsuit against Denver energy company
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In a divided ruling on Monday, the Colorado Supreme Court permitted a pension plan for law enforcement to sue a Denver-based oil and gas company for allegedly misleading investors in violation of a Depression-era law designed to prevent fraud. The question for the state’s highest court was whether Jagged Peak Energy Inc. would be held…
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‘Puffery’ or illegal? State Supreme Court evaluates statements made by Denver energy corporation
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When Jagged Peak Energy Inc. began publicly selling shares of its stock in 2017, it allegedly misrepresented key aspects of its extraction operation to investors and overstated its ability to produce oil and gas. Now, the Colorado Supreme Court will decide whether the 8,000-person Oklahoma Police Pension and Retirement System may sue Denver-based Jagged Peak…
