Renewables

“When pigs fly” is a figure of speech used to express disbelief that a particular situation will ever come to pass. For the power industry, several recent and emerging developments are the equivalent of

From its modest origins as a way to shed load when the grid is stressed, demand response (DR) has grown to be a significant player in electricity markets. In the PJM region, demand response has accounted for as much as 14,833 MW of capacity, almost 10% of the total. Customer Gains and Generator Losses Demand […]

The effects of the January 2014 polar vortex have led to big changes in the PJM capacity market, as the board has approved changes to tighten up operations and improve reliability. The polar vortex storm of Jan. 6–8, 2014, saw temperatures plunge across the Midwest and Mid-Atlantic, causing a spike in demand for electricity and […]

In one of its last actions for the year, Congress passed a bill extending a variety of tax breaks, including the Production Tax Credit (PTC) through the end of 2014. The PTC, along with many other tax breaks in the bill, had expired at the end of 2013. The extension will allow them to be […]

With the landslide re-election of Governor Jerry Brown, California looks certain to continue its suite of low-carbon policies, including the AB32 cap-and-trade program for greenhouse gases, energy efficiency programs funded to the tune of a billion dollars a year, and its renewables portfolio standard (RPS) of 33% by 2020. In fact, Gov. Brown has suggested […]

Spurred by large utility-scale projects and healthy growth in residential installations, the U.S. added 1.3 GW of solar photovoltaic (PV) capacity in the third quarter of 2014, according to the latest US Solar Market Insight Report published by the Solar Energy Industries Association and GTM Research. The 1,354 MW of utility, commercial, and residential PV […]

NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]

The Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants amassed more than 1.6 million remarks before the public comment period ended on Monday. Here’s a snapshot of what states, regulators, industry groups, and environmental alliances told the agency about its Clean Power Plan.  States Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, […]

E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]