Renewables

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 […]

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

WattBridge, a relatively new independent power producer that evolved out of a non-OEM aeroderivative gas turbine solutions provider, completed its first power facility based on a standardized LM6000 plant

The deployment of new power plants in the U.S. over the past 14 decades has hinged on policies, markets, technologies, and new industry players. Every decade has presented its own state of multidimensional, multivariate complexity. The ongoing “energy transition,” which has been characterized by the addition of smaller, carbon-free resources, marks another pivotal period in […]

POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have