Finance

Combined cycle gas turbine (CCGT) power plants started appearing on a larger scale in the late 1990s and have since then been a very efficient supplier of baseload and lately peaking capacity to the power grids. The U.S. Energy Information Administration (EIA) recently reported that natural gas–fired capacity additions are increasing in the U.S. again […]

Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The microreactor project is an integral part of a contract with the Wyoming Energy Authority (WEA), which is assessing the viability of deploying small-scale nuclear reactors […]

The U.S. Department of Energy (DOE) Loan Programs Office (LPO) on July 18 announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy, LLC. The money will finance construction of two solar photovoltaic (PV) farms equipped with battery storage, and two standalone battery energy storage systems (BESS), in […]

In approving the development of a 2,800-acre wind farm across prime agricultural land in the east of England, the UK Secretary of State for Energy Security and Net Zero, Ed Miliband, has confirmed what those who understand renewable market dynamics have known all along: That the UK’s energy transition policymaking has been flawed and riven […]

On Friday, May 31, U.S. Department of Energy (DOE) Secretary Jennifer Granholm flew to Georgia to attend a ribbon-cutting ceremony for Plant Vogtle, the first set of nuclear reactors built in the U.S. in nearly 30 years, where she called for another 198 large-scale reactors to follow. There is a lot I don’t understand in […]

James Carville famously advised Bill Clinton that regarding elections, “it’s the economy, stupid.” This message has resonated with all presidential candidates since. So, it is no surprise that as the 2024 election approaches, President Biden appears to be banking on $1.6 trillion in new spending—much of it infrastructure spending—to stimulate economic growth. These funds have […]

The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed (also by unanimous consent) by […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the

The National Renewable Energy Laboratory (NREL) explains that community solar, also known as shared solar or solar gardens, is a distributed solar energy deployment model that allows customers to buy or lease part of a larger, off-site shared solar photovoltaic (PV) system. It says community solar arrangements allow customers to enjoy advantages of solar energy […]