Power
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Energy Security
FERC: Improved Preparations Mitigated January Winter Storms, Resulting in No Load Shed
Reliability measures implemented after Winter Storm Uri and Elliott were largely effective at averting distress on the power and natural gas systems during two severe arctic storms that swept across North America in quick succession in January, staff from the Federal Energy Regulatory Commission (FERC) and the North American Reliability Corp. (NERC) have reported. During […]
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Coal
G7 Countries Talk 2035 End Date for Coal-Fired Generation
Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]
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Legal & Regulatory
Planning for ‘Flip Dates’ in Tax Equity Partnerships
The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]
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Nuclear
Vogtle Unit 4 Achieves Commercial Operation, Now Largest Nuclear Power Plant in the U.S.
The road was long and the challenges difficult, but Plant Vogtle is now the largest nuclear power plant in the U.S., as Unit 4 was declared commercially operational on April 29. With four units now available, Plant Vogtle has the capacity to generate a total of about 4,664 MW of electricity. “The completion of the […]
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]
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Solar
Feds Release Final Rules on Clean Energy Tax Credits
Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules on the issue on April 26. The Inflation Reduction Act (IRA) passed in 2022 created two new credit delivery mechanisms—so-called elective pay or direct pay, […]
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Electrification
From Mine to Line through End of Life, How Technology is Optimizing Battery Production
The battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million units, and shortages of cobalt and lithium expected through 2027, according to S&P Global Commodity Insights, innovation is necessary. There is a growing demand for […]
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Legal & Regulatory
EPA Unleashes Four-Pronged Assault on Fossil Fuel Power Pollution
In an unprecedented move, the U.S. Environmental Protection Agency (EPA) on April 25 simultaneously finalized four major environmental rules covering greenhouse gases (GHG), air toxics, wastewater discharges, and coal combustion residuals from fossil fuel-fired power plants. Among the rules is the EPA’s final Carbon Pollution Standards, which marks the agency’s third attempt to broadly curb […]
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Waste to Energy
Technology Turning Food Waste into Renewable Energy
Food waste is an enormous environmental and economic crisis that demands urgent solutions. Each year, an astonishing 1.03 billion tons of food is wasted globally—enough to feed 1.26 billion hungry people. All that wasted food is responsible for a staggering 8% of total greenhouse gas emissions. As the world grapples with these mounting challenges of […]
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Electrification
Schneider Electric Releases All-In-One Battery Energy Storage System for Microgrids
Schneider Electric today announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient architecture. BESS is the cornerstone for a fully integrated microgrid solution that is driven by Schneider Electric’s controls, optimization, and world-renowned digital and field services. Graybar, a leading distributor of electrical, […]