Wind
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Trends
POWER Digest [May 2023]
European Grid Operator Secures 22 GW of HVDC Projects. European transmission system operator (TSO) TenneT will lead a charge to install 11 2-GW high-voltage direct current (HVDC) systems by 2031. A long-term
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Solar
Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets
News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, and winter storms. This has a massive impact on a renewable energy asset’s reliability and insurability; there have even been cases where lenders won’t approve […]
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Hydrogen
Overcoming Green Hydrogen’s Major Operational Cost: Electricity
There are many ways to create hydrogen from renewable energy resources. The challenge is to reduce the cost of such fuel production, in order to position green hydrogen as a viable option to support
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Coal
Winter Demand for Coal, Gas Falls Across EU Despite Energy Concerns
An analysis from an energy research group shows European Union (EU) countries burned less coal and natural gas for power generation than in prior years, despite an ongoing energy crisis driven by Russia’s invasion of Ukraine. A study from Ember, a think-tank based in the UK, said coal-fired generation in the EU dropped 27 TWh […]
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Press Releases
The world’s first dynamic, green Power-to-Ammonia plant takes shape
The green transition demands efficient storage of renewable energy, to which end a number of Power-to-X plants are under construction in Denmark. They are designed to convert green electricity to another form of energy, such as green fuels. And in the vanguard of this new technology is Lemvig, where the construction of the world’s first […]
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Wind
DTE Energy Boosts Renewable Energy Portfolio with Major Michigan Wind Farm
Midwestern utility DTE Energy announced its 225-MW Meridian Wind Park project has entered commercial operation. The group on April 18 said the wind farm, located in Merrill and spanning parts of Midland and Saginaw counties in central Michigan, features 77 turbines and operates on land leased from farmers in the region. A DTE spokesperson said […]
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Press Releases
Global wind energy to top 1 TW threshold by the end of 2023
LONDON / HOUSTON / SINGAPORE, 11 April 2023 – The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach […]
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Press Releases
CPV Will Acquire Operating Wind Portfolio from Patriot Renewables
SILVER SPRING, MD (April 6, 2023)– Competitive Power Ventures (CPV) announced today that it has closed on the acquisition of four operating wind farms in Maine from Patriot Renewables (Patriot) and other project owners. The acquisition adds 81.5 MW to CPV’s existing renewable portfolio and will contribute to the company’s mission to provide environmentally responsible […]
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Gas
POWER Digest [April 2023]
New Natural Gas–Fired Plant Approved for Philippines. San Miguel Consolidated Power Corp. (SMCPC), a wholly owned subsidiary of SMC Global Power Holdings Corp., said it received environmental approval to
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Wind
Offshore Wind and Green Hydrogen Offer Great Opportunities for Gulf Coast States
The U.S. Gulf Coast offers some of the greatest potential for renewable energy development in the country. According to a National Renewable Energy Laboratory (NREL) study, Florida, Texas, and Louisiana rank second, third, and fourth, respectively, in net technical energy resource potential for offshore wind. The large energy resource in these three southern states is […]