Solar

New energy technologies, decreasing renewable energy costs, and low natural gas prices are forcing changes in the way traditional power companies must plan for the future. “A fundamental rethink is now well underway about how energy gets produced, delivered, consumed, and managed in many parts of the world, including the U.S.,” said Ethan Zindler, head […]

The Department of Energy (DOE) announced on January 15 that it was awarding up to $40 million each in cost-shared funding to Southern Co. and X-Energy to “support work to address key technical challenges to the design, construction, and operation of next generation nuclear reactors.” It also announced on January 18 that it was awarding […]

The autonomous region of Xinjiang has an important strategic position in China’s economy—which consumes more energy than any other nation—yet several conditions limit the most effective use of its fuels. This article provides an overview of the situation. Since ancient times, the Xinjiang Uygur Autonomous Region (Xinjiang) has been in a particularly important position in […]

A significant transformation of the global power mix is under way, noted the International Energy Agency (IEA) in its newly released World Energy Outlook (WEO-2015). Renewables are getting subsidized boosts

The autonomous region of Xinjiang has a strategic position in China’s economy, yet several conditions limit the most effective use of its fuels. This article provides an overview of the situation. A more detailed version, with maps and tables, appears here under the same title. Since ancient times, the Xinjiang Uygur Autonomous Region (Xinjiang) has held […]

January has traditionally been POWER’ s forecast issue, and there’s one overriding prediction I feel confident making: The speed of changes will continue to exceed the power industry’s ability to fully

From issuance of the final Clean Power Plan to mammoth mergers, 2015 will be remembered as a tumultuous year. Twelve months ago, as folks were emerging from an eventful 2014, POWER made some bold predictions, including that fuel economics will drive 2015 U.S. power markets, and the labor crunch will complicate the gas turbine arms […]

A status update and forecast for solar photovoltaic power in Greece, Croatia, and Italy.

In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]

Florida’s Seminole Electric Cooperative faces what may be the most difficult generation transition in the nation as a result of the Obama administration’s Clean Power Plan. One of the nation’s largest generation and transmission rural electric cooperatives, Seminole owes its origins and its current position primarily to a single coal-fired plant. When electric utility veteran […]

Just how fast are things moving in solar? When we received the nomination for the massive Desert Sunlight Solar Farm in late April, the 550-MW facility was the largest solar power plant in the world, sharing

You can’t spell C-S-P without S-P-A-I-N. Though there are now many nations with concentrating solar power (CSP) plants in operation, and nations with larger ones than Spain possesses, it’s difficult to

Solar power has taken off the training wheels. Once an afterthought, solar photovoltaic (PV) generation has been one of the major sources of new capacity for several years. According to statistics from the

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom ’s power and grid business is complete. Alstom will now entirely refocus its activities on rail transport

Levelized Cost of Electricity

The global market for solar photovoltaic (PV) panels shows no signs of slowing down, with cumulative installed capacity expected to reach 700 GW and annual demand to pass 100 GW by 2020, according to GTM Research. This booming market has spurred manufacturers to introduce a variety of innovations intended to increase panel efficiency and reduce […]

Will rooftop solar photovoltaics be the most economical way to deploy today’s hottest new generating technology, or will central utility solar PV systems be the best economic bet? Is there a third way? The answer appears to be “yes.” Solar photovoltaic (PV) power has emerged as the hottest new trend in renewable energy generation, primarily […]

Seven power producers have joined 74 other companies in signing on to the Obama administration’s American Business Act on Climate initiative, which is aimed at rallying U.S. companies behind the need for action on climate change ahead of international climate talks in Paris next month. The seven are Berkshire Hathaway Energy (BHE)—parent company of PacifiCorp, […]

The Clean Power Plan could force the retirement of up to 4 GW of coal-fired capacity in the region served by the Electric Reliability Council of Texas (ERCOT) starting as soon as 2022, an updated analysis suggests.  The independent system operator that manages about 90% of Texas’ electric load acknowledged that fewer coal units are […]

Energy storage needs better energy storage policy. Speaking at the Energy Storage North America (ESNA) conference in San Diego on Oct. 12, Garrett Fitzgerald, senior associate with the Rocky Mountain Institute (RMI), was frank about the challenge facing energy storage technologies: They’re starting to get well ahead of the regulatory regimes that are needed to […]

India and 73 other countries submitted their carbon emission reduction targets for 2025 and 2030—or Intended Nationally Determined Contributions (INDCs)—ahead of the deadline last week, with just two months remaining until talks to confront climate change are due to begin in Paris.  The United Nations (UN) has so far received 120 separate pledges covering 147 […]

Battery energy storage has exploded in deployment over the past several years, but the majority of it by capacity, especially in North America, is deployed at grid scale. That may be a problem, because a new study from the Rocky Mountain Institute (RMI) suggests the greatest value to the system lies with behind-the-meter batteries—distributing battery […]

Kuwait’s government in August approved the construction of several power plants and desalination facilities to boost its capacity by 3,580 MW. Like its oil- and gas-rich neighbors in the Gulf Cooperation Council region, Kuwait is seeing a power shortage owing to its growing population and economy. With only five power plants, the country has experienced […]

Russia and Vietnam Ink Deal for First Ninh Thuan Nuclear Unit. Russia’s nuclear group Rosatom and Vietnam’s state-owned power company Electricity of Vietnam (EVN) on July 30 signed a general framework

NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses.  The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]

The global concentrating solar power (CSP) sector, criticized by some observers for high costs and uncertain technology, is poised for significant growth and a key role in the power mix—provided markets are structured to properly value their ability to store and dispatch renewable energy, three senior CSP executives said on Sept. 16. Speaking at the […]

Speaking at the Solar Power International (SPI) conference in Anaheim, Calif., on Sept. 16, U.S. Vice President Joe Biden hailed the nation’s progress in expanding its solar generation capacity and announced several new investments in solar power technology as part of the Department of Energy’s (DOE’s) Sunshot Initiative. In an enthusiastic and animated address to […]

Nuclear costs aren’t on the rise globally as has been widely thought, says a new report from the International Energy Agency (IEA) and Nuclear Energy Agency (NEA) surveying the levelized cost of generating electricity (LCOE).  The eighth edition of the report, “Projected Costs of Generating Electricity” compiles data for 181 plants in 19 OECD and […]

Warren Buffett bought Nevada’s NV Energy two years ago, a move widely seen as a play for solar and renewable generation. That’s working out. But as the company transitions away from legacy coal and high-priced renewable contracts signed years ago, large customers are rebelling, and the company faces a challenge to keep its big dog […]

For decades, hydropower plants were mainly built and operated as a cost-efficient source of clean electricity. But despite more than a century of development, there is still scope for expanding generation from