Wind

  • How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability

    It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th century, often providing more than half of the country’s electricity supply, fell to about 16.2% of the mix in 2023. Meanwhile, the U.S. solar market […]

  • Report: Renewables Generating Nearly One-Third of Global Electricity

    A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

  • Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus

    Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

  • 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, […]

  • 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 […]

  • 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, […]

  • Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List

    The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]

  • Navigating the Interconnection Queue Is One of Many Challenges Clean-Energy Projects Face

    There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent system operator (ISO) in the U.S. has a significant backlog in its GIQ and processing interconnection requests can take years to complete. This has created […]

  • FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix

    In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

  • Group Says Record 117 GW of New Wind Power Generation Installed in 2023

    A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the prior year. The “Global Wind Report 2024,” published April 16 by the Global Wind Energy Council (GWEC), said “the world is moving in the right […]

  • Harnessing Wind Power Requires Collaborating Technical Disciplines  

    Wind power generation stands at the forefront of renewable energy solutions, harnessing the kinetic energy of the wind to produce electricity that ranges from small turbines for individual homes to massive wind farms dotting coastlines and landscapes. However, behind the seemingly simple concept lies a complex integration of various technical disciplines. From civil engineering for […]

  • Grids Brace for Solar Eclipse, Totality Poised to Test Ramping

    Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]

  • A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut

    Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]

  • Chinese Companies Continue to Dominate Global Wind Turbine Market

    Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

  • New Wind Farm Part of Vietnam’s Energy Transition

    Vietnam’s renewable energy goals are taking a step forward with the installation of a wind farm that will feature the largest onshore wind turbine installed in the country to date. China’s Shanghai Electric in February announced its subsidiary, Electric Wind Power, will supply its advanced wind turbines to joint venture partners Hai Anh Wind Power […]

  • Reimagining the Wind Energy Industry with Distributed Manufacturing

    The energy sector is witnessing a transformation. While the demand for conventional energy sources decreased, use of renewable energy has surged, with a projected worth of green energy set to reach up to $2.172 billion by 2030. Continued success for renewables demands consistency, efficiency, flexibility, speed, and reliability being built to specifications. Additive manufacturing assures […]

  • Commercial, Industrial Sites Embrace Innovation for New Generation

    The importance of a reliable and resilient power supply continues to grow, and so does the need to control energy costs. That’s why more institutions want power systems that support operational efficiency

  • Understanding Future Prospects for Hydrogen, Energy Storage, and Renewables

    The world is undergoing a remarkable energy transition. Clean power systems are in high demand, offering a bright future for hydrogen and renewables. However, energy storage projects that may look promising

  • POWER Digest [March 2024]

    Dominion Secures Final Approvals for 2.6-GW Offshore Wind Project. Dominion Energy on Jan. 30 said it received the last two major federal approvals needed to kick off construction of its 2.6-GW Coastal

  • Global Domination—China Accounts for Nearly All New Coal-Fired Power Plant Construction

    Data from Global Energy Monitor (GEM), a group that tracks thermal and renewable power generation projects worldwide, shows that China was responsible for construction of 96% of all new coal-fired facilities globally last year, and for almost 70% of all new coal-fueled power plants that came online. GEM, a San Francisco, California-based non-governmental research organization, […]

  • Germany Will Support 10 GW of New Gas Plants, With Eye Toward Hydrogen

    German officials announced a new plan for the country’s power generation, a strategy that includes putting at least 10 GW of new gas-fired capacity up for tenders. Officials on Feb. 5 said the plants would be designed to eventually burn hydrogen at some point between 2035 and 2040, according to Germany’s Economy Ministry. The agency […]

  • Onshore Wind Farm Part of Fukushima Rebuild in Japan

    GE Vernova announced it will supply the turbines for an onshore wind farm being developed in Japan, an energy project that is part of the effort to support industry in the area impacted by the Fukushima disaster in 2011. GE Vernova’s Onshore Wind business on Jan. 31 said that Abukuma South Wind Power LLC selected […]

  • Stop Using ‘Dirty’ Steel for Renewable Energy Projects

    As the solar and renewable energy movement continues to gain momentum in the U.S., it’s important to note how critical the steel industry is to the renewable energy industry. In fact, reports show that steel comprises more than 70% of the weight of a typical wind turbine and each new megawatt of solar power capacity […]

  • GE Vernova Will Supply Wind Turbines for Three Australia Projects

    GE Vernova has entered into a wind turbine supply deal with an Australian company, a move that includes construction of onshore projects in New South Wales. GE Vernova on Jan. 29 confirmed it has signed a strategic framework agreement with Squadron Energy for about 1.5 GW of new onshore wind generation, what the companies on […]

  • Brazil Oil Major Buying Renewable Energy Assets

    Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind projects in an effort to build a clean energy portfolio. Jean Paul Prates, in an interview with the Reuters news service published Jan. 22, said […]

  • PGE Leans into an All-of-the-Above Strategy to Decarbonize Its Power System

    Climate change has led many states and countries to set targets for reducing greenhouse gas (GHG) emissions from power systems. Oregon, for example, has set targets for all power sold to retail customers in the state to have GHG emissions cut by 80% by 2030, 90% by 2035, and 100% by 2040. It’s a challenging […]

  • AES Announces Addition of 3.5 GW of Renewables

    Virginia-based AES Corp. said the company added 3.5 GW of new renewable energy generation capacity to its global portfolio in 2023, an amount nearly double that built in the previous year. The projects, including solar power, wind power, and energy storage, were built in several locations worldwide, including the U.S., and will serve a variety […]

  • Artificial Intelligence Will Help Power America’s Clean Electricity Grids

    Most countries will not meet zero-goals by 2050 based on current trajectories. It’s an unfortunate situation that needs to be taken seriously. While there are many factors delaying decarbonization efforts, the lack of clean energy-powered electric grids is perhaps the most significant barrier for nations. The United States is not exempt—despite the recent influx of […]

  • Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility

    Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]

  • Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth

    Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends