Business

On Monday, the West Virginia Public Service Commission (PSC) approved the siting certificate for Moundsville Power LLC to construct a 549-MW combined cycle natural gas power plant in Marshall County. It will be the first to also burn ethane. The company is also touting the project’s role in helping to offset the effect of area […]

The sixth annual ARPA-E Summit wrapped up on Wednesday, and though there were too many sessions to cover in depth, here is a mini-summary by way of selected interesting comments. Speaker photos (where available) follow the comment. “Any disruptive technology will not fit an existing market.” —Brian Janous, Director of Energy Strategy, Microsoft “[The energy […]

Brine, the waste stream of the geothermal power production cycle, is usually considered a nuisance. High in corrosive minerals, even when reinjected, it’s challenging to manage. So when Simbol Inc. showed it had a way to turn this waste stream into a revenue stream by mining it for high-value minerals like lithium, a lot of […]

President Obama sent his 2016 budget request to Congress on Feb. 2, surely setting off a protracted battle with the new GOP majority over requests for increased spending on renewable energy initiatives and efforts to address climate change. It is certain that the budget will not become law in its current form, and it was […]

Although Peru has been one of the best-performing economies worldwide over the last decade, its energy sector is still small in absolute numbers. Consumption levels per capita are low, even by Latin American standards, and demand growth is highly dependent on new mining investments. Successive governments have kept energy prices low; and regional interconnection, which […]

Germany Approves Plan to Slash Carbon Emissions. Germany’s cabinet on Dec. 3 approved a new policy package to meet ambitious targets that would reduce the nation’s carbon emissions at least 40% by 2020 compared to 1990 levels. The plan proposes that 22 million metric tons of carbon dioxide emissions will be saved by power plants, […]

American Electric Power, one of the premier generating utilities in the U.S., is caught between a deregulated rock—wholesale competitive capacity markets that don’t, in the company’s opinion, value solid equipment over ephemeral demand response—and a regulatory hard place of increasing federal government rules that devalue on-the-ground coal-fired generation. Add the competitive challenge of cheap natural […]

The Department of Energy (DOE) has announced the availability of more than $59 million in funding to support solar energy innovation. Of that total, $45 million is intended “to quickly move innovative solar manufacturing technologies to market” and more than $14 million is designated for 15 new projects to help communities develop multi-year solar deployment […]

Persistently low prices on the wholesale electricity market are forcing RWE—the third-largest electricity provider in Europe, serving 16 million customers—to consider dismantling some gas-fired power plants and shipping them abroad, Dr. Rolf Martin Schmitz, RWE’s COO, told Reuters in an interview. The German-based company has been struggling for awhile. In August 2014, RWE announced that […]