Renewables

  • Inflation Reduction Act: Increased Electrification and Resulting Utility Implications

    While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]

  • U.S. Announces First Sale of Rights for California Offshore Wind Development

    The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would hold the event on Dec. 6, in an effort to spur industry growth in the waters of the Pacific Ocean. The agency said the sale will include […]

  • TC Energy, 3 Rivers Energy Partners to develop renewable natural gas production facility at Jack Daniel Distillery

    CALGARY, Alberta, Oct. 17, 2022 – TC Energy Corp. announced today a $29.3 million investment in a renewable natural gas (RNG) production facility near the Jack Daniel Distillery in Lynchburg, Tennessee. Owned by Lynchburg Renewable Fuels LLC, the facility will produce RNG with a carbon intensity score that is 50% lower than traditional natural gas, […]

  • BP Buying Leading RNG Production Group in $4.1 Billion Deal

    British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG). BP on Oct. 17 said it was buying Houston, Texas-based Archaea Energy for $3.3 billion in cash, or $26 a share, along with $800 million for […]

  • Battery Energy Storage Returns Set to Decline

    Sponsored by:
    Enverus

    In certain markets, battery energy storage systems are approaching critical mass as they make significant impacts on operations and pricing for certain services. Market frameworks, volatility and decarbonization efforts have drawn developers en masse to California and Texas, in particular (Figure 1). Focusing on Texas (ERCOT), Enverus shows that battery energy storage systems generate the […]

  • The IRA Puts Us on a Path to Net Zero—What’s the Catch?

    In mid-August, President Biden signed the Inflation Reduction Act (IRA) into law, marking this country’s most ambitious climate legislation to date. I applaud Congress and the President for working to pass the IRA and taking an important step toward net zero. The passage of this bill is a monumental achievement for everyone who cares about […]

  • How Green Hydrogen Can Solve Our Biggest Decarbonization Challenges

    October 8th is National Hydrogen Day—chosen in a delightfully nerdy fashion as a nod to the atomic weight of hydrogen: 1.008. And while perhaps only the most devoted scientists are hosting parties, there is much to celebrate this year. Thanks to innovative industry partnerships and legislative action, green hydrogen projects all over the country are […]

  • Balancing the Scales: Disparities in Decommissioning Practices for Renewable and Non-Renewable Energy

    There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

  • How Bitcoin Mining Can Help Power Companies Optimize Generation Assets

    Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

  • A New Breed of Energy Security: HO Clarke Power Plant

    WattBridge, a relatively new independent power producer that evolved out of a non-OEM aeroderivative gas turbine solutions provider, completed its first power facility based on a standardized LM6000 plant

  • The Big Picture: Power Plant Additions Over the Decades [Infographic]

    The deployment of new power plants in the U.S. over the past 14 decades has hinged on policies, markets, technologies, and new industry players. Every decade has presented its own state of multidimensional, multivariate complexity. The ongoing “energy transition,” which has been characterized by the addition of smaller, carbon-free resources, marks another pivotal period in […]

  • History of Power: The Evolution of the Electric Generation Industry

    POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have

  • The Energy Conundrum: Decarbonizing the Power Supply While Maintaining Reliable and Affordable Electricity

    Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially […]

  • Renowned Green Independent Power Producer, NEFIN Group, to Establish Joint Venture with Hatten Land and Provide Funding for Renewable Energy Projects

    SINGAPORE, MELAKA, MALAYSIA (Sept. 19, 2022) — Hatten Land Limited is pleased to share that its wholly-owned subsidiary, Hatten Edge Pte. Ltd. has entered into a joint venture agreement with NEFIN Pte. Ltd. to develop, construct, and operate renewable energy projects, with a focus on solar energy generation, in Singapore and Malaysia. NEFIN Pte. Ltd is […]

  • RE+, POWER Collaborate on Supplement Featuring Technology Innovations in the Clean Energy Transition

    September 14, 2022 — POWER, the leading global publication for the power generation sector, again this year has published information and is providing insight about the clean energy transition that includes the proceedings abstracts for the RE+ conference, the largest and most comprehensive event in North America for the clean energy industry. This supplement, titled […]

  • Biden Administration Throws Support Behind Floating Offshore Wind

    The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy capacity by 2035, and said it plans to auction off leases to support project development by the end of this year. The Sept. 15 announcement touted both the potential of offshore wind and its impact on reducing […]

  • Enverus Expands Renewables Arm, Acquires Spanish Solar Power Group

    A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector. Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a […]

  • Oxford Group: Decarbonizing Energy Would Save $12 Trillion

    A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]

  • Could the Nation’s Coal Plant Sites Help Drive a Clean Energy Transition?

    The nation’s coal power plant sites that helped build the U.S. economy during the country’s electrification could play a huge role once again in helping the nation transition to clean energy. A new U.S. Department of Energy (DOE) study finds that hundreds of coal power plant sites across the country could be converted to nuclear power plant […]

  • DOE’s Latest Energy Earthshot Will Tackle Technical, Economic Challenges for Enhanced Geothermal Systems

    The Department of Energy’s (DOE)’s latest Energy Earthshot will seek to cut the cost of enhanced geothermal systems (EGS) to $45/MWh by 2035, an ambitious goal that would shave current EGS costs by 90%. The DOE’s latest Energy Earthshot—part of a 2021-research, development, and demonstration (RD&D) initiative it launched to accelerate breakthroughs for emerging technologies—will […]

  • Why the Solar Market Is Down and Why It’s Poised for a Comeback

    The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

  • The POWER Interview: Developing Platforms for Renewable Energy

    Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]

  • Siemens Gamesa in Deal with SSE Renewables for European Assets

    Siemens Gamesa said it has sold its renewable energy assets in southern Europe to SSE Renewables, a division of Scottish multinational energy company SSE. The deal announced Sept. 1 is for a 3.8-GW portfolio of projects, including onshore wind facilities in Spain, Italy, Greece, and France. The agreement also includes potential opportunities for Siemens Gamesa […]

  • TVA Successfully Completes a Dam Safety Modification Project for the Ages

    When a sinkhole was discovered near the base of the Boone Dam embankment, the Tennessee Valley Authority’s dam safety engineers went to work determining the best fix. The complexity of the work and quality

  • Western Spirit Sets the Standard for Large-Scale Wind Power Projects

    With a capacity of more than 1,050 MW, Western Spirit Wind farm is the largest wind power project ever constructed as a single phase in the Americas. The project, which was completed in roughly a year in spite

  • 2022 Experience POWER, Distributed Energy Conference, and HydrogeNext Show Preview

    Again, this year, Experience POWER will be co-located with the Distributed Energy Conference (DEC) and HydrogeNext, giving attendees the opportunity to learn from and network with trailblazers from the power industry, who are leading the way in the world’s energy transition. These three events cover the full energy value chain for the power industry, delivering […]

  • The POWER Interview: Modeling Solutions for the Future of Energy

    Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]

  • Soltage Completes 2.7-MW Community Solar Project in Illinois

    PONTIAC, ILLINOIS – August 30, 2022: Leading independent power producer Soltage today announced its completion of the construction and commissioning of a 2.7 MW community solar project in Pontiac, Illinois. The project is built on land owned by the City of Pontiac and its energy sales are managed by Chicago-based MC Squared Energy Services. The […]

  • OMCO Solar Reaches 9.5-GW Milestone and Accelerates Domestic Manufacturing with Expanded Indiana Plant and $5 Million Investment

    PHOENIX, Ariz. – August 30, 2022 – Following the recent passage of the Inflation Reduction Act (IRA), OMCO Solar announced it has expanded its Pierceton, Indiana manufacturing plant and has reached a significant milestone, having shipped 9.5GW of solar mounting and racking solutions. In light of the company’s latest $5 million solar manufacturing investment, announced […]

  • Renewable Energy, Electrification Big Winners in Inflation Reduction Act

    The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]