Markets

New distributed energy resources (DERs) are being added to the power grid every day. However, DERs don’t automatically provide owners with the greatest value possible. In many cases, that requires the help of an aggregator, that is, a company that specializes in managing DERs owned by a pool of clients and optimizing performance of the […]

Ethiopia is reportedly gearing up to begin testing hydropower generation at its flagship 5.2-GW Grand Ethiopian Renaissance Dam (GERD), despite a continued diplomatic row about its potential implications on water consumption on the Blue Nile. Citing unnamed project sources, Capital, a weekly Ethiopian business newspaper, reported this week that work to begin test power generation […]

A leaked draft of the European Commission’s proposal to label some natural gas and nuclear power plants as “transitional” or “green” investments has prompted pushback from some European Union (EU) members. Criticism is also mounting in South Korea, where liquefied natural gas (LNG) was included in its new green taxonomy guidelines—but nuclear was left out. […]

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

While 2021 kicked off short on optimism given chaos from the COVID-19 pandemic, the year was characterized by an extraordinary series of critical energy crises. Power blackouts, brownouts, interconnection mismatches, severe fuel shortages, and near-misses affected nearly every region in the world. Here’s a brief look back at some of the events that characterized 2021. […]

It’s been another news-filled year in the power industry. The following stories were the top 10 traffic-getters posted in 2021 on POWER’s website. Did you see them all as they were released? 10. Mitsubishi Power Developing 100% Ammonia-Capable Gas Turbine Mitsubishi Power is developing a 40-MW class gas turbine that can directly combust 100% ammonia […]

If you’ve paid attention to the cleantech news cycle this year, you know it’s been a roller-coaster ride. I’ve been in the cleantech/energy transition sector for 20 years and wrote the first history on the term cleantech 15 years ago. I’ve seen the many ups and downs surrounding the industry. Today’s current playing field is […]

New England faces a precarious fuel supply risk that could necessitate emergency actions if a severe prolonged cold snap hits the region this winter, ISO New England (ISO-NE) has warned.  The regional grid operator expects power demand will peak at 19,710 MW during average winter weather conditions of 10F, but if temperatures plunge below 5F, […]

Reliability Imperative efforts key to addressing the needs of the future CARMEL, Ind. — Today, the Midcontinent Independent System Operator (MISO) published Markets of the Future: A Reliability Imperative Report focused on redefining markets to meet changing needs posed by the evolving resource mix. The report is intended to illuminate a pathway for our existing […]

Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing for the $9.8 billion project submitted to the Virginia State Corporation Commission (SCC) on Nov. 5.  CVOW, which will be sited on a federal lease […]