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RENEWABLE POWER Direct—January 22, 2020
January 22, 2020 Report: Investment in Renewables Hit Record High in 2019 Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan.… Read More Siemens Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project […]
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News
Qatar Will Boost Middle East Solar with 800-MW Project
Qatar’s energy minister on Jan. 19 said the country will build an 800-MW solar power project that will push the country far beyond its announced goal for solar energy. That goal of 100 MW of solar generation was established when Qatar in December 2010 was awarded rights to host the 2022 FIFA World Cup tournament. […]
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News
Wisconsin PSC Backs Construction of Gas-Fired Plant
Construction of a $700 million natural gas-fired power plant near the Wisconsin-Minnesota border was authorized by Wisconsin regulators on Jan. 16, over the objections of environmental groups who have said the plant is not needed. Dairyland Power Cooperative and Minnesota Power would jointly own the 625-MW Nemadji Trail Energy Center, which on its current timeline […]
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News
Report: Investment in Renewables Hit Record High in 2019
Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]
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GAS POWER Direct—January 15, 2020
January 15, 2020 PJM Stakeholders at Odds on Timing for Next Capacity Auction PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing… Read More Power Industry Disrupters: Gas, Renewables, and Storage The power industry […]
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News
Tri-State Will Close Its Last Coal Units in Colorado, New Mexico
Colorado-based power cooperative Tri-State Generation and Transmission Association on Jan. 9 announced it will retire its lone New Mexico coal-fired unit by the end of this year, and cease operations of its remaining Colorado coal units, and the company’s coal mine, by 2030. Tri-State, which said the closures will impact about 600 workers, said state […]
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News
Deal Announced to Close Louisiana Coal Unit
The Arkansas Public Service Commission has approved a plan to retire the Dolet Hills power plant, a coal-fired unit in Mansfield, Louisiana that serves part of the state. The decision, reached in December and announced Jan. 8 by the Sierra Club, came as part of a settlement agreement in a recently concluded Arkansas rate review, […]
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Commentary
2020 – A New Energy Era Begins, and Storage is Key
This last year of the decade proved to be a pivotal year for energy storage technology, as major developments underscored why it is so vital for energy markets. Events such as widespread power outages and transmission issues on a global scale have led to the precipitous rise in energy storage deployments. The energy industry has […]
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Press Releases
Solar Installations to Grow by Additional 142 GW in 2020 – Seven Times the World’s Total Solar Installations a Decade Ago
LONDON (January 7, 2020) – Global solar installations will continue double-digit growth rates into the new decade, according to the new 2020 Global Photovoltaic (PV) Demand Forecast by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions. New annual installations in 2020 will reach 142 gigawatts (GW), a 14 % rise […]
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Press Releases
Battery research group heralds 100th global member
Global battery research group, the Consortium for Battery Innovation, is celebrating its 100th member company, Surrette Battery Company, a north American battery manufacturer providing batteries for a range of applications, including renewable energy storage for remote wind and solar farms. Surrette, based in Springhill, Nova Scotia in Canada produces deep cycle lead batteries under the […]