renewables
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Distributed Energy
Leveraging the Benefits of Microgrids and DERs
The digitalization of power generation includes many new technologies, all designed to increase efficiency, along with reliability and resiliency. A group of energy industry experts came together Sept. 30 at Experience POWER, the virtual event supported by POWER magazine, to discuss “Microgrids and DERs—Leveraging the Benefits.” The session explored how data analytics and the Industrial […]
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News
Decarbonization, Decentralization Driving Power Industry
Technological innovation has forever been part of the power generation sector, as electricity producers strive for more efficient and more economic ways to deliver power. The POWER magazine editorial staff, in a “State of the Industry” presentation on Sept. 28 to open the virtual 2020 Experience POWER conference, identified four trends in power generation that […]
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Press Releases
Eaton helps Southern California Edison streamline renewable integration process and meet clean energy goals
PITTSBURGH (Sept. 22, 2020) — Power management company Eaton is making it easier to add renewables to Southern California Edison’s grid and help the utility double the amount of carbon-free electricity supplied to the grid to 80 percent by 2030. The utility is using Eaton’s CYMETM Integration Capacity Analysis software to automate the process of […]
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News
Hitachi ABB Power Grids’ Report Highlights Greening of the Grid
The use of coal for North American power generation will continue to decline, natural gas will continue as the leading source of power, and the use of renewable resources to provide electricity will continue to grow, according to a report from Hitachi ABB Power Grids. The outlook, titled “North America Power Reference Case: Spring 2020” […]
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News
FERC Order Backs Grid Market for DERs
The Federal Energy Regulatory Commission (FERC) issued an order that advocates for distributed energy resources (DERs) say will enable DERs, including renewable energy such as solar, wind, and battery storage, to compete on a more-level playing field in the organized capacity, energy, and ancillary services markets run by regional grid operators. FERC Order No. 2222, […]
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Commentary
California’s Cautionary Tale Against the Green New Deal
California needs more reliable electricity. The ongoing rolling blackouts in the Golden State will likely become more frequent unless its elected leaders change their foolish energy policies. More importantly, California’s energy posture reveals some harsh lessons for the rest of America, as it provides a glimpse into the future of power generation should the Democrats […]
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Coal
South Korea Will Close Half Its Coal-Fired Fleet
South Korea’s president said the country will shutter 30 more coal-fired power plants by 2034, and bring additional solar and wind power resources online in the next five years in order to meet emissions reductions targets. President Moon Jae-in made the announcement Sept. 8 in a speech he delivered virtually for the United Nations’ International […]
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News
World’s Largest—For Now—Battery Storage Project Online in California
A battery energy storage project in California is set to be the world’s largest in terms of generation capacity when the facility is fully energized later in September. McCarthy Building Companies’ Renewable Energy & Storage group, based in Phoenix, Arizona, on Sept. 1 said the company had recently completed construction of LS Power’s 250-MW Gateway […]
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News
Vietnam Wants More Generation Capacity, Less Reliance on Coal
Vietnamese officials earlier this year said they want the country to more than double its power generation capacity by 2030, to as much as 130 GW from the current capacity of about 55 GW. The Communist Party
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Fuel
Big Oil Makes Concerted Push into Power
BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new
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News
How COVID-19 Crisis Response Informs Next Steps for Climate Mitigation
When the pandemic hit New York state, Gov. Andrew Cuomo began holding daily media briefings to provide updates and reassurances—and most days, he would challenge New Yorkers to learn the lessons of this
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Fuel
Coal-Fired Generation Down 30% in U.S., 8% Worldwide
Analysis from a global energy organization said power generation from coal-fired units fell 8.3% in the first half of 2020, with the world’s coal fleet running at less than half its capacity. The drop for U.S. coal generation was more steep, with the U.S. Energy Information Administration (EIA) reporting the output from the nation’s coal […]
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News
Six Investing Trends Reshaping Power and Utilities Sector Despite COVID
Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity points to several interesting trends that will likely persist in a post-crisis world and may even accelerate change in the sector, new analyses from global […]
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Interview
The POWER Interview: Managing Operations in a Pandemic World
Power generation companies, like other businesses, have altered operations due to COVID-19. And it’s more than just having employees work remotely, wear masks, and social distance. Managing data and documents with new protocols in place is critical to any asset-intensive industry, and electricity providers are no different. The Kinsmen Group, an engineering and information management […]
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News
China Seeks Grid Parity for Renewable Energy
Developers of renewable energy projects in China are ramping up efforts to move their installations forward, after delays from the coronavirus pandemic slowed the government’s plan to have solar and wind
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Connected Plant
The Role of Virtual Power Plants in a Decentralized Power Grid
Virtual power plants are becoming a driving force in the power sector. This article explains how they enable utilities and aggregators to pool production from multiple plants and distributed sources, achieving
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Press Releases
Chevron and Algonquin Announce Agreement to Co-develop Renewable Power Projects
Chevron seeks to source more than 500 megawatts of renewable electricity for its operations OAKVILLE, ON, July 30, 2020 /PRNewswire/ – Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. (“Algonquin”) (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that […]
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Press Releases
280 Megawatt-dc Holstein Solar Project Achieves Commercial Operation in Texas
LOS ANGELES, CALIFORNIA (July 7, 2020) — 8minute Solar Energy (8minute) and Duke Energy Renewables announced that the 280-megawatt (280 MWdc / 200 MWac) Holstein solar project in Nolan County, Texas has begun commercial operation. Holstein is 8minute’s first solar project to come online in Texas, marking a significant milestone as the company expands its operational footprint outside […]
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Renewables
Keeping the ‘Clean’ in Clean Energy
Authored by Bryan Sillaman and James Alford of Hughes Hubbard In the midst of the global COVID-19 crisis, another unprecedented event took place that was largely overshadowed by more urgent, and life-threatening, circumstances. On April 20, 2020, the price of U.S. West Texas Intermediate crude oil dropped below zero dollars per barrel (bbl), plunging past […]
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Renewables
RWE, E.ON Deal Will Reshape Energy Markets
Two German energy heavyweights have completed an asset swap that will have a major impact on the global market for renewable energy. RWE and E.ON on July 1 closed a deal that had been months in the making, with RWE taking on the assets of Innogy, an E.ON subsidiary (and former RWE company), to make […]
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Distributed Energy
Micro Generation with Macro Possibilities
The market for microgrids continues to expand, with utilities, businesses, and neighborhoods installing a variety of technologies in systems designed to ensure a reliable and resilient supply of power. The
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News
Algeria Targets Renewables to Diversify Generation
Algeria, like other countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), wants to diversify its electricity production, and is looking to solar power for the bulk of its
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Renewables
Infrastructure Plan Supports Solar Power, Energy Storage
Energy industry analysts have said government support will be needed to help the sector recover from the COVID-19 pandemic, and Democrats in the U.S. House of Representatives have introduced legislation that includes measures to help the solar and energy storage industries. The $1.5 trillion infrastructure bill introduced in the House on June 22, known as […]
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News
Reduced Cost for Renewables Supports Sector Growth
A new report from the International Renewable Energy Agency (IRENA) shows costs for renewable power are increasingly cheaper than those for generation from coal, reinforcing the trend of increased investment in solar and wind power and away from fossil fuel-powered electricity production. The IRENA report—Renewable Power Generation Costs in 2019—showed that more than half of […]
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Interview
The POWER Interview: Ameresco’s CEO on Efficiency, Renewables, and Resilience
The present and future of power generation is and will be driven by new technologies, those designed to increase the efficient use of electricity while limiting emissions and supporting resiliency. It’s a challenging time for those in energy. Developing solutions to solve issues in the power sector involves navigating an uncertain and ever-changing regulatory landscape, […]
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News
Renewables Gain Investors as Some Flee Oil, Gas, and Coal
The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of
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News
IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions
Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]
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Press Releases
Susgen Launches to Invest in Renewable Energy
London, UK (May 19, 2020) — Today sees the launch of Susgen, a capital provider and partner to industry-leading renewable energy developers. Susgen invests in renewable energy development companies, enabling them to create project portfolios of significant scale. As capital provider to developers globally; such as Urban Grid Solar in the USA, JBM Solar and […]
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News
U.S. Coal-Fired Generation at Lowest Level Since 1976
U.S. coal-fired power generation last year was at its lowest level since 1976, according to data released May 11 by the U.S. Energy Information Administration (EIA). The EIA in its latest Short-Term Energy Outlook report said energy from renewable resources could this year for the first time surpass coal-fired generation in the U.S. The agency […]
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Renewables
Powering the Future: Renewables, New Technology, and Diversification Are Forecast for Energy Sector in 2020 and Beyond
2020 will be a year dominated by environmental issues. Governments are under increasing pressure from climate activists and protest groups to address carbon emissions and reduce fossil fuel consumption. The effect of this scrutiny has been largely felt in the energy sector. This decade organizations within this industry will have to manage new environmental taxes […]