Renewables
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News
Uptake of GE’s Biggest Wind Turbines Gain Traction
GE Renewable Energy has made major gains in orders for its 5.3-MW Cypress onshore wind turbine and the 12-MW Haliade-X offshore wind turbine. Prototypes of both are still being tested in the Netherlands. Key Contracts for Innovative 5-MW Onshore Machine The GE business division introduced the first turbine in the Cypress platform, a 4.8-MW machine, […]
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News
Judge: Court Will Consider Rival Proposal for PG&E Reorganization
A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]
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News
Four Projects Picked to Speed Up Pumped Storage Hydro Construction
Four projects have won a competition launched by the Department of Energy (DOE) in April 2019 to help shorten the commissioning time for pumped storage hydropower projects and revitalize the hydropower industry. The grand prize winners or the Furthering Advancements to Shorten Time (FAST) Prize competition were selected by the National Renewable Energy Laboratory (NREL) […]
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News
Can Corporate America Ensure a Clean Energy Future?
Renewable energy off-take by large corporate entities is on the rise. Google in September of this year made its largest-ever renewable energy procurement announcement, announcing 18 new renewable energy agreements, totaling 1,600 MW. That puts Google at the top of the voluntary renewable energy purchasers list, after Facebook had grabbed the top spot a year […]
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Markets
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
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News
Researchers: $71 Billion of Japan’s Coal Assets at Risk
Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]
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News
Reports: Perry Will Resign as Head of DOE
Reports from several news outlets say that Energy Secretary Rick Perry could step down from that role as soon as November. The Washington Post on Oct. 4 said Perry plans to step down by year-end and return to the private sector. The Post cited four unnamed individuals who it said had been briefed on Perry’s […]
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News
EIA: Renewables Will Account for Half of Global Power Generation by 2050
Solar power is expected to take a larger share of global power generation across the next 30 years, according to the U.S. Energy Information Administration (EIA), as renewable energy continues to be adopted worldwide. The EIA’s International Energy Outlook 2019 (IEO2019), released Oct. 2, shows 28% of the world’s power came from renewables in 2018, […]
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Coal
Xcel Announces Deal to Power Steel Mill with Solar
Xcel Energy has announced an agreement with Lightsource BP and EVRAZ North America to develop a $250-million, 240-MW solar power facility in Pueblo, Colorado. The plant will provide power to the EVRAZ Rocky Mountain Steel facility in Pueblo. Xcel said the plant will be the largest on-site solar facility dedicated to a single company. The […]
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Instrumentation & Controls
How Remote Operation Centers Can Help Companies Transition
The energy industry is currently moving from a traditional, highly regulated production model dominated by electricity utilities to a decentralized, deregulated model featuring a higher proportion of renewable energy sources such as wind and solar power. With subsidies in decline, renewables are reaching grid parity—with costs equal to or less than traditional sources. Not surprisingly, […]