Markets
The U.S. Department of Energy (DOE) on Sept. 6 took the rare but drastic action of issuing an emergency order under the Federal Power Act (FPA) to authorize the maximum…
BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed…
With a lack of attractive solar power purchase agreements (PPAs) available in the market, project owners have been seeking alternative arrangements to secure long-term revenue certainty. One alternative is a…
Milestone for First 700-MW Domestically Built Indian Nuclear Reactor. Unit 3 of the Kakrapar nuclear power plant in the Indian state of Gujarat—an indigenously designed 700-MW pressurized heavy water reactor…
A new report from two groups that study energy policy supports the establishment of a fully competitive regional electricity market in the U.S. Southeast, something already being discussed by at…
Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity…
It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best…
How electricity is delivered to customers in the U.S. is complicated. Consumers in some states have no choice who supplies their power; state commissions regulate utilities as vertically integrated electricity…
GE Gas Power and Uniper have agreed to roll out a detailed decarbonization roadmap that may entail hydrogen-friendly upgrades to all GE gas turbines and compressors at the German generation…