Renewables

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Levelized Cost of Electricity

Largely dependent on imported fuel oil, many island systems must grapple with soaring electricity costs and reliability issues, in part because they are isolated and they don’t benefit from economies of scale. But some nations are seeking alternatives. It’s the same story all over the world. To fuel their economies and support growing populations, geographically […]

As the coal industry declines in many places around the world, can the mines it leaves behind be repurposed for cleaner energy projects that benefit multiple stakeholders, including local economies? Several existing and planned projects demonstrate that there may be multiple paths toward that transition. No question, the coal industry in Appalachia, the rest of […]

The global market for solar photovoltaic (PV) panels shows no signs of slowing down, with cumulative installed capacity expected to reach 700 GW and annual demand to pass 100 GW by 2020, according to GTM Research. This booming market has spurred manufacturers to introduce a variety of innovations intended to increase panel efficiency and reduce […]

Will rooftop solar photovoltaics be the most economical way to deploy today’s hottest new generating technology, or will central utility solar PV systems be the best economic bet? Is there a third way? The answer appears to be “yes.” Solar photovoltaic (PV) power has emerged as the hottest new trend in renewable energy generation, primarily […]

In a media briefing this morning on the Clean Power Plan, Janet McCabe, acting assistant administrator for the Environmental Protection Agency’s (EPA’s) Office of Air and Radiation made no announcement of major changes but did note that the final rule will be published in the Federal Register tomorrow, Friday, October 23. That publication starts the […]

The Department of Energy’s (DOE’s) authority to issue loan guarantees officially received a $1 billion boost, which will be split between its Advanced Fossil Energy Projects solicitation and Renewable Energy and Efficient Energy Projects solicitation.  The agency has finalized the additional loan guarantee authority that President Obama announced in August. It means that more loan […]

Seven power producers have joined 74 other companies in signing on to the Obama administration’s American Business Act on Climate initiative, which is aimed at rallying U.S. companies behind the need for action on climate change ahead of international climate talks in Paris next month. The seven are Berkshire Hathaway Energy (BHE)—parent company of PacifiCorp, […]

The Clean Power Plan could force the retirement of up to 4 GW of coal-fired capacity in the region served by the Electric Reliability Council of Texas (ERCOT) starting as soon as 2022, an updated analysis suggests.  The independent system operator that manages about 90% of Texas’ electric load acknowledged that fewer coal units are […]