Climate change
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News
10 Power Sector Insights from the IEA’s World Energy Outlook 2019
The International Energy Agency’s (IEA’s) November 2019–released World Energy Outlook 2019 (WEO2019) is studded with interesting findings about emerging trends in the power sector. Here are 10 from the
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Nuclear
Innovation Propels Nuclear Power on New Trajectory
Innovation is ushering in a new age for nuclear power. As well as boosting plant economics, efficiency, and flexibility, advanced technologies could open up new markets to meet soaring demand for heat and
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History
Why the 2010s Were a Definitive Decade for Power
Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]
Tagged in:- Predix
- DERs
- IEA
- IIoT
- MindSphere
- history
- gas power
- business models
- solar pv
- Virtual power plants
- solar
- distributed power
- wind
- decentralization
- reciprocating engines
- IRENA
- offshore wind
- industrial devices
- community solar
- shale gas
- aeroderivative power
- EIA
- module prices
- Energy storage
- rooftop solar
- batteries
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News
Mixed Reactions to FERC’s Recent MOPR Order from Power Generators
On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources, including renewables backed by state portfolio standards. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum […]
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News
EU Finalizes ‘Green Deal’ for Clean Energy Investment
The European Union (EU) on Dec. 16 announced an agreement among its member states on rules involving the financing of green energy projects. Lawmakers approved a list of technologies and activities that can be classified as green, after disagreement about whether nuclear energy and natural gas should be included. The so-called “Green Deal” is a […]
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News
Report Says Global CO2 Emissions From Coal Down This Year
Global emissions of carbon dioxide (CO2) from coal-fired power plants and industrial facilities fell in 2019, according to research published Dec. 3, though overall emissions of CO2 rose due to the increased use of natural gas and oil for power generation and other industrial processes. The new emissions figures were reported by the Global Carbon Project […]
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Markets
Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST]
The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]
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Hydrogen
A Review of Global Power-to-Gas Projects To Date [INTERACTIVE]
According to experts from Technical University of Applied Sciences (OTH) in Regensburg, Germany, who recently reviewed the world’s existing power-to-gas (P2G) hydrogen and methane projects, about 143 P2G projects have operated since 1988 in 22 countries. Only 56 hydrogen and 38 methanation projects were active in 2019. While the existing fleet mostly comprises pilot or […]
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Renewables
THE BIG PICTURE: The Need for Power Flexibility
In its November 2019–issued World Energy Outlook, the International Energy Agency (IEA) suggests that if countries pursue currently stated policies, the combined generation share of wind and solar photovoltaic could surge from 7% today to 24% in 2040. This very steep ramp-up of variable renewables will undoubtedly require an emphatic focus on flexibility—the ability of […]
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Renewables
Decarbonization: Utilities Leading the Way
Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to carbon-free nuclear or