Business

The Desertec Industrial Initiative (Dii) oversees a $508 billion initiative to establish 6,500 square miles of concentrated solar power plants in the vast African and Middle Eastern deserts. Those plants are expected to furnish a fifth of Europe’s power needs by 2050, but in recent weeks the Dii has seen the exit of two of its 57 partners from 16 countries and a project held up by the Spanish government.

A complex tangle of Clean Air Act rules is making life difficult for folks in the power industry, often seeming to go in different directions at the same time. It could get worse and here’s an attempt to make some sense of the confusion.

Subsidies for renewable energy projects, a mainstay of U.S. policy for 20 years, is coming to an end. What next?

With the power industry already facing a completely new, government-mandated approach to cybersecurity, CIPS 5, the Federal Energy Regulatory Commission has launched another regulatory venture that will result in a new set of reliability standards—this one designed to protect the bulk power system from solar storms.

Long a tightly controlled near-monopoly, the market for enriched uranium is finally about to see some meaningful foreign competition.

Berkeley, Calif., startup LightSail Energy, which aims to produce “the world’s cleanest and most economical energy storage systems,” has secured $37.3 million in a Series D round that included three big-name investors: Bill Gates, Vinod Khosla, and Peter Thiel.

When you’re building a natural gas pipeline, running pipe from Point A to Point B is only the final, most obvious step. You’ve got to jump through a lot of hoops to get there, in a process that can take years and that involves a lot of foresight.

The back-to-back collapse at the end of July of India’s Northern, Eastern, and Northeastern grids that slashed power to more than 60% of India’s population of 1.24 billion has impelled the country into a spending frenzy to upgrade its rickety power network, which, a government inquiry revealed, was one cause of the unprecedented blackouts.