Renewables

It’s kind of exciting to be able to write that events are back in full swing. In case you missed it, POWER hosted the co-located Experience POWER, Distributed Energy Conference, and HydrogeNext events, Oct

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

For use in concentrated solar power plants DALLAS, Oct. 26, 2022 – Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced the Valtek® TX3 Molten Salt triple-offset butterfly valve. Flowserve designed the Valtek TX3 Molten Salt triple-offset butterfly valve to provide concentrated solar power (CSP) […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]