Hydro
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Commentary
Two Years After IRA: Carbon Capture Coalition Executive Director Reflects on Coalition’s Progress and What’s to Come
This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]
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Legal & Regulatory
Post-Chevron Ushers in ‘New Normal’ For Regulated Community
The U.S. Supreme Court recently overturned the longstanding Chevron doctrine, a foundation of administrative law for 40 years, when it ruled on Loper Bright Enterprises v. Raimondo . The impacts on a wide
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Renewables
Hydropower Remains Renewable Leader Despite Climate Challenges
As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s
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Hydrogen
POWER Digest [July 2024]
Economics Could Bring Early Closure for Slovenia Coal-Fired Plant. Slovenian Prime Minister Robert Golob in May said the Termoelektrana Šoštanj (TEŠ) facility, the country’s only remaining coal-fired
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Press Releases
Yokogawa Acquires BaxEnergy, a Provider of Renewable Energy Management Solutions
Proven results across 120 GW+ of renewable energy operations in over 40 countries Yokogawa Electric Corporation (TOKYO: 6841) announces that it has acquired BaxEnergy, a leading provider of renewable energy management solutions (REMS). This acquisition will provide Yokogawa with a proven range of solutions that have already been adopted by major power companies throughout Europe. […]
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Hydro
The POWER Interview: Pumped Storage Project Brings Renewable Energy to Former Coal Mining Site
A pumped storage project in Kentucky is being touted as a model example of how land that once was the site of a coal mine can be repurposed for a renewable energy installation. The Lewis Ridge Pumped Storage Project, a closed-loop, 287-MW hydropower facility, is being constructed at a site where coal was mined beginning […]
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Renewables
Report: Renewables Generating Nearly One-Third of Global Electricity
A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]
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Hydro
China Brings High-Elevation Hydropower Project Online
The first unit of one of the world’s highest-elevation hydropower plants began operating in China in April. China Energy said the Maerdang hydropower station (Figure 5), sited at more than 16,000 feet above
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]
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Hydro
OPG Embarks on Major Refurbishment of Niagara Falls Hydropower Stations
Ontario Power Generation (OPG) will partner with GE Vernova to complete a 15-year project to refurbish the iconic 1.7-GW Sir Adam Beck I and II hydroelectric complex near Niagara Falls. The C$1 billion ($724 million) project unveiled on April 16 will comprise the first phase of OPG’s larger plans to overhaul all five of its […]