Coal is the reason that Healy, Alaska, exists. To ensure low-cost power and reliability to interior Alaska—a remote place that is bereft of gas and has little sun—and sustain regional employment, Golden
New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA), law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind projects worth a combined 1.7 GW by 2025, the single largest renewable energy procurement in […]
Every company invested in our nation’s clean energy transition is aware that 2019 is the last year that solar energy can take advantage of the 30% Investment Tax Credit (ITC) under Internal Revenue Code
Successfully operating a power plant or other industrial facility depends on many things, including the vendors who supply equipment for construction of the facility, along with those who provide the materials
Danish renewables firm Ørsted’s 1.1-GW Ocean Wind project is the winner of New Jersey’s first award for offshore wind, the New Jersey Board of Public Utilities (NJBPU) said on June 21. Ørsted, with support from Public Service Enterprise Group’s (PSEG’s) non-utility affiliate, vied for the award with two other offshore wind developers that submitted bids […]
India is striving to conserve coal and slash its carbon emissions. The country which depended on coal for 56% of its total capacity of 356 GW as of May 2019, wants to reduce coal’s share to 45% of a planned capacity expansion to 480 GW by the end of 2022. During that period, it will […]
In China, though specific achievements are hard to pinpoint owing in part to a dearth of public or internationally available information, coal technology developments appear to be advancing more rapidly than anywhere in the world. China’s efforts to foster technology advancements are in the country’s national interest, said Mi Shuhua, executive vice president of China […]
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets. The companies this week signed a memorandum of understanding […]
In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]
Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]
