The Swiss company Climeworks in October said it had begun another round of testing for a direct air capture (DAC) facility at a 300-MW geothermal power plant in Hellisheidi, Iceland.…
Geothermal
Geothermal power technologies, projects, potential, risks, and financing. Renewable Top Plant award winners.
Southeast Asia offers rich renewable sector opportunities, recently exemplified by Chevron’s multibillion-dollar sale of its Indonesian and Philippines geothermal projects, and the purchase of Equis Energy for $5 billion. However,…
The 330-MW Sarulla Geothermal Power Plant in Indonesia took decades to develop. Backed by a multinational financing effort along with support from the Indonesian government, the $1.6 billion project may…
Utilities across the country are gearing up for an attack on the power grid November 15 and 16. Thankfully, it’s only a drill. But in the event of an actual…
The U.S. House of Representatives on November 2 proposed a tax bill that would phase out the wind energy production tax credit (PTC), extend a tax credit for the nuclear…
The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and…
As renewables gain a greater foothold in the energy system, the importance of energy storage is going to increase in kind. With the ongoing gradual shift away from traditional baseload…
Global renewable energy generation capacity surged 161 GW in 2016, marking its strongest year ever for new capacity additions, the International Renewable Energy Agency (IRENA) said in a new report…
The conversation at the ELECTRIC POWER Conference and Exhibition, as underscored by comments made in its keynote address and at the annual event’s executive roundtable, was optimistic yet cautious, owing…
A unique collaborative effort by a consortium of Icelandic power companies and the Icelandic government to determine whether using supercritical geothermal fluids would improve the economics of power production from…