Markets
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Renewables
Germany Backs Measure to Replace Renewable Incentives with Competitive Auctions
Lawmakers in Germany have voted to replace subsidies for wind and solar with competitively priced electricity prices. The country’s upper (Bundesrat) and lower (Bundestag) legislative chambers on July 8 voted to adopt an amendment to the Renewable Energy Sources Act (EEG 2016) introduced by Minister of Economics and Energy Sigmar Gabriel. The legislation aims to […]
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Solar
In Push for Collaboration, Solar and Storage Industries Unveil “Smart Solar” Potential
Pairing solar with energy storage will be integral to cement the future of both emerging sectors, said experts at the Intersolar North America’s annual event held this week in San Francisco. The three-day event and exhibition was co-located with ees North America, a stand-alone event focused on energy storage technologies and services. But experts […]
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Legal & Regulatory
Green Groups Challenge PJM’s Capacity Performance Rules
The “polar vortex” storm of January 2014 blew in big changes to PJM Interconnection’s operations. But these changes are now the subject of a lawsuit filed by environmental groups, alleging they discriminate against clean energy sources. The sub-zero temperatures froze coal piles and gearboxes. Natural gas plants, lacking firm contracts for fuel delivery, were unable […]
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Legal & Regulatory
Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets
Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during the Obama administration. A large portion of those rules affect the power sector, but none are more contentious than the Clean Power Plan, regulatory and citizen interest experts […]
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Legal & Regulatory
B&W to Restructure Power Business, Cites Dismal Coal Projections
Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired power generation in a bid to reduce overhead and improve efficiency. The Charlotte, N.C.–based energy and environmental technology and service company said on June 28 […]
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Renewables
Utility Paradigm Changing Globally in Response to Distributed Energy and Digitization
Enrico Viale, head of global thermal generation for the Italian energy company Enel, kicked off an international power industry event yesterday with a keynote presentation describing the “needs” of utilities in the future.
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Distributed Energy
Executive Roundtable Addresses the New Face of the Power Industry
The annual panel discussion by high-level leaders from diverse power companies is a cornerstone of the ELECTRIC POWER Conference & Exhibition, and it has been consistently emblematic of the state of the
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Nuclear
Two Exelon Nuclear Plants Fail to Clear PJM Auction
Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would not receive capacity revenue for the period. It also […]