Markets

The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]

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 […]

As the global power industry pivots toward decarbonization and decentralization, major manufacturers of diesel and gas engines are strategically adapting to change. While large power plants frequently garner

The world is undergoing a remarkable energy transition. Clean power systems are in high demand, offering a bright future for hydrogen and renewables. However, energy storage projects that may look promising

American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]

The Midcontinent Independent System Operator (MISO) is warning reliability challenges have grown urgent as the nation’s power system grapples with a “hyper-complex risk environment.”  The grid operator that serves 15 U.S. states and the Canadian province of Manitoba, in its updated Reliability Imperative report released on Feb. 22, flagged several critical challenges that the region […]

The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” Although the reforms affect many aspects of PJM’s Reliability Pricing Model (RPM), this commentary highlights: The transition from capacity accreditation using Equivalent Demand Forced Outage […]

The Federal Energy Regulatory Commission on Jan. 19 approved most of the Midcontinent Independent System Operator’s (MISO) proposed revisions to its Generator Interconnection Procedures (GIP) designed to reduce the submission and negative impacts of speculative interconnection requests. The changes apply prospectively, starting with the DPP-2023 queue cycle, which has not yet entered the Definitive Planning […]

GE Vernova will collaborate with Japanese integrated heavy industry group IHI Corp. to develop a retrofittable 100% ammonia-capable gas turbine combustion system that would be compatible with GE’s 6F.03, 7F, and 9F models, targeting a potential commercially available product by 2030. The companies on Jan. 24 signed a joint development agreement (JDA) that formally launched […]

Westinghouse has revealed it is designing a transportable nuclear power plant (TNPP) featuring an eVinci microreactor with Canadian firm Prodigy Clean Energy, aiming to deliver a first project in Canada by 2030. The project will potentially integrate a single or multiple 5-MWe eVinci microreactors within a Prodigy Microreactor Power Station—a purpose-designed floating facility that will […]