Finance

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year.  In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]

South Africa has the largest carbon footprint in Africa and contributes 40% of the total CO2 emissions in the continent. As the world evolves in response to climate change concerns, the way business is done in South Africa will need to change. In addition to the critical need for every business to contribute to broadly […]

The Energy Information Administration (EIA) in February 2020 published capital costs and performance characteristic estimates for 25 new electric power generating technologies. These estimates come from global engineering and design firm Sargent & Lundy (S&L), which the EIA commissioned to help accurately reflect the changing cost of new power generation technologies for the Annual Energy […]

OPG Reaches First Criticality at Darlington 2, Delays Work at Unit 3. Ontario Power Generation’s (OPG’s) Darlington Unit 2 reactor, the first of four reactors the company is overhauling at the Darlington

How companies respond to the COVID-19 pandemic will determine their public reputations, and those of their leaders and key employees, for years if not decades. This, along with public safety, is why “Priority Number One” for the CEOs of power producers, utilities, and grid operators is to make sure critical employees, such as control room […]

This blog is part of a special series from the International Monetary Fund (IMF) on the response to the coronavirus. The IMF is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The COVID-19 pandemic […]

Constructing a utility-scale solar project requires more than simply buying PV panels and mounting them in a field. It can take years to find the right location, conduct feasibility studies, obtain permits, and align the proverbial stars. A couple of experts, who have managed multiple projects through the process, were guests on The POWER Podcast. […]

Community solar refers to local solar facilities shared by multiple subscribers who receive credit on their electricity bills for their share of the power produced. Community solar allows homeowners, renters

Deal-making in the North American power and utilities sector fell for the third year in a row in 2019, and total deal value shrank by 41% compared to 2018, indicating a sustained sluggish financial interest in the sector, according to PricewaterhouseCoopers (PwC). The international accounting firm’s newly released “North American Power & Utilities deals insights […]

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