Power Demand

The Inflation Reduction Act, which U.S. Senators Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.) negotiated in July, was signed into law by President Biden on Aug. 16. As a result, electric vehicle (EV) buyers (for both new and used vehicles) will get generous subsidies from the federal government—totaling as much as $7,500 per EV. Nearly […]

The Australian Energy Market Operator (AEMO) on June 15 indefinitely suspended spot markets in all regions of its National Electricity Market (NEM), citing critical power generation supply shortfalls that it said made it “impossible to continue” operations under national electricity rules. AEMO—the independent system operator (ISO) that operates the competitive market serving New South Wales, […]

The Department of Energy’s (DOE’s) first official loan guarantee for a new clean energy technology project since 2014 will go to the Advanced Clean Energy Storage 1 project in Utah—one of the world’s largest renewable hydrogen energy projects.  The DOE on June 8 announced it closed on the $504.4 million loan guarantee for the first […]

Significant advances in high-voltage direct current (HVDC) transmission are in step with rapid changes to energy systems worldwide. Shortly after POWER magazine began publication in 1882, the competitive

The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant. The analysis from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warned in […]

Hydrogen combustion has begun at the 485-MW Long Ridge Energy Terminal combined cycle power plant—a flagship GE HA-class project that is purpose-built to transition from natural gas to hydrogen blends and ultimately be capable of burning 100% hydrogen. While the sprawling multimodal facility in Hannibal, Ohio—which sits on the Ohio and West Virginia border—achieved commercial […]

A study conducted by the Lawrence Berkeley National Laboratory (Berkeley Lab) shows more than 1.1 TW of solar and energy storage capacity were in the U.S. power grid’s interconnection queue at the end of 2021. Notably, that total is more than the currently existing capacity in the U.S. power fleet. Additionally, Berkeley Lab researchers found […]

The Arizona Corporate Commission (ACC) has delivered a major blow to the Salt River Project Agricultural Improvement and Power District’s (SRP’s) urgent plans to expand the 575-MW gas-fired Coolidge Generating Station with 820 MW of fast-start capacity. The ACC in a 4–1 vote on April 12 denied approval of the public power utility’s Certificate of […]

Portland, OR (April 5, 2022) — LO3 Energy (“LO3”), developer of Pando software that enables suppliers and clean energy operators to engage customers and offer new compensation models to optimize renewable energy assets, is providing the software to Green Mountain Power (“GMP”) for a new “Sun Match” pilot for customers. LO3’s Pando platform will support […]