Renewables

LONDON / HOUSTON / SINGAPORE, 11 April 2023 – The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach […]

Considering the unfathomable costs of unabated climate change, it stands to reason that even the most elementary investment thesis for the energy transition merits sincere consideration. And with the enormous sums of public and private capital committed these last few years toward the companies, technologies, and projects that promise to drive climate change mitigation and adaptation, it would appear […]

The spectrum of geothermal technologies is quickly evolving. This supplement to POWER’s April 2023 feature, “Startups Are Shaking Up Geothermal Power’s Potential,” briefly explains the differences between some engineered geothermal systems. Conventional geothermal energy is largely produced by hydrothermal systems, which consist of hot water circulated in deep-seated permeable rocks. Resource temperature ranges from high (greater […]

Driven by ripe market conditions, technology startups are injecting investment and innovation into geothermal power to unlock novel applications that could substantially scale up the niche renewable power

Engineering, procurement, and construction (EPC) contractors deliver many benefits to power projects. Besides the experience they bring that can help keep schedules on track, they often have longstanding

The Council on Environmental Quality (CEQ) earlier this year published its updated “Guidance on Consideration of Greenhouse Gas Emissions and Climate Change,” a document for the assessment and disclosure

BOSTON and HOUSTON, March 29, 2023 – Swift Current Energy (“Swift Current”) is ramping up construction this spring for its Double Black Diamond solar project in central Illinois. The company has contracted St. Louis-based McCarthy Building Companies (“McCarthy”) as the Engineering, Procurement and Construction (EPC) contractor. Swift Current has also selected American-based First Solar to […]

U.S. utility Entergy and global power giant RWE are partnering to jointly assess the best means to develop an offshore wind market in the Gulf of Mexico. The two companies on March 30 unveiled a memorandum of understanding (MoU) under which they will analyze the Gulf of Mexico offshore wind market and define an optimal […]

Wind turbines must move farther offshore to gain greater efficiency. But the challenges associated with doing so are significant. At the Dutch village of Den Oever, just north of Amsterdam, the A7 motorway extends onto the Afsluitdijk, a 32-kilometer dike that separates IJsselmeer Lake and the North Sea. Near the midway point, approaching the village […]

An Italy-based renewable energy group said it will develop three floating offshore wind projects over the next several years that will provide about 2 GW of power generation capacity to the country. GreenIT, a joint venture between Plenitude and CDP Equity, part of CDP Group, on March 22 announced an agreement for design and construction […]