Renewables

An installation that at present is considered the world’s largest floating offshore wind farm has produced its first power, providing electricity for oil and gas exploration operations in the North Sea. Hywind Tampen on Nov. 13 began powering Equinor’s drilling at the Gullfaks oil and gas field. The wind farm is located about 87 miles […]

The U.S. and other countries have announced a $20 billion financing plan to help Indonesia more quickly shutter the country’s coal-fired power plants and decarbonize its power generation sector. “We’ve built a platform for cooperation that can truly transform Indonesia’s power sector from coal to renewables and support significant economic growth,” U.S. Special Envoy on […]

Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]

  Daniel Hynum discussed operational challenges that utilities face as the power grid shifts to renewables, and how GE Fleet Orchestration can help address those challenges. KEY TAKEAWAYS Market shifts create challenges for vertical integration of utilities’ operations. There is a major energy transition taking place in power grids around the world. As the market moves toward […]

U.S. solar developers can address a number of crucial underperformance issues identified in kWh Analytics’ Solar Risk Assessment: 2022 through the adoption of pre-build resource assessments that utilize site-based measurement campaigns, according to Fulcrum 3D. kWh Analytics’ Solar Risk Assessment: 2022 report called on the U.S. solar industry to identify new solutions to issues causing underperformance across the industry. Despite […]

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 […]