Markets
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News
POWER’s Top 10 Most-Read Stories from 2018
There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]
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News
Key Power Industry Conferences and Trade Shows to Think About in 2019
Conferences and exhibitions are a valuable way for power professionals to share ideas and network, gain up-to-date training, further education, understand regulatory or policy changes, and access the latest products and technologies. POWER‘s editors compiled this helpful list of events in 2019 that cater to the power industry. FEBRUARY ARC Industry Forum February 4-7 Orlando, […]
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News
FERC Follows Up on Tax Reform Response
The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]
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News
POWER Digest [December 2018]
Veolia Hungary Creates VPP Portfolio. Veolia Hungary in October acquired a 51% ownership share in CHP Eromu Kft., the first step in a process for Veolia to create a virtual power plant (VPP) portfolio. The
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News
Moroccan Molten Salt Tower Project Clears Reliability Test
A 10-day reliability test for the 150-MW Noor Ouarzazate III thermoelectric solar plant in Morocco has wrapped up, demonstrating that the project can provide continuous rated power even in the absence of
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News
Eight Power Sector Takeaways from the Climate Report
Despite increased resilience actions, extreme weather events due to climate change are projected to increasingly threaten the nation’s energy infrastructure, and create fuel availability and demand imbalances, the Trump administration’s sprawling climate report released on November 23 suggests. The Fourth National Climate Assessment (NCA4) released by the Global Change Research Program (USGCRP) is clear in […]
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News
Business and Leadership Shakeups Continue at GE
It’s been a tumultuous couple of years for GE. The company’s stock price has been decimated by the market, decreasing more than 75% from a high of nearly $32 a share as recently as December 2016. Dow Jones removed the company from its benchmark Industrial Average in June, and GE’s Board of Directors sacked CEO […]
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Legal & Regulatory
Hydro Plant Saved by Commission-Approved Agreement
Entergy Louisiana, Cleco Power, and Southwestern Electric Power Co. (SWEPCO) have secured a power sales agreement (PSA) to buy power generated by the 80-MW Toledo Bend hydroelectric plant—but only for five years. The Louisiana Public Service Commission (LPSC) on October 26 approved the PSA, providing new life, albeit briefly, for the 1963-licensed Toledo Bend project, […]
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Legal & Regulatory
PJM: Fuel Supply Resilience Is Sound—For Now
Fuel delivery systems in PJM Interconnection’s vast footprint can generally withstand an extended period of stress and remain reliable, though extreme scenarios could impact the grid, the nation’s largest system operator concluded in a high-profile study. PJM, whose system covers 13 states and 65 million people, launched the study this May as the federal government, […]
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Renewables
China Sets a New Renewable Portfolio Standard
China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will