Wind
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News
Sunflower Finally Scraps Plans for 895-MW Kansas Coal Plant
Sunflower Electric Power Corp. has abandoned plans to build the $2.8 billion Holcomb Expansion after its partner on the 895-MW coal-fired power plant project in Kansas, Tri-State Generation and Transmission Association, announced it would no longer pursue the project. Sunflower said on Jan. 15 it will allow the project’s air permit, for which it once […]
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News
Report: Investment in Renewables Hit Record High in 2019
Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]
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News
EIA: Renewables Will Surge Past Coal, Nuclear to 22% of U.S. Power Mix in 2021
The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]
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Renewables
New York Is Fertile Ground for Clean Energy
When many people are asked which state is leading the U.S. toward a renewable energy future, California is the first that comes to mind. And while California is worthy of such distinction, it’s not the only state with a progressive clean-energy agenda. New York should also be part of the conversation. On Jan. 8, New […]
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Markets
PJM Stakeholders at Odds on Timing for Next Capacity Auction
PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]
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Press Releases
ACWA Power expands its geographic footprint by entering the Azerbaijan market
Azerbaijan, Baku, 09 January 2020: ACWA Power signed today an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power project. The power purchase agreement (PPA) of the project spans over a period of 20 years on a Build Own Operate (BOO) basis. The ceremony was […]
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Wind
Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project
Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a stronghold in the burgeoning offshore wind U.S. market. While the […]
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Commentary
2020 – A New Energy Era Begins, and Storage is Key
This last year of the decade proved to be a pivotal year for energy storage technology, as major developments underscored why it is so vital for energy markets. Events such as widespread power outages and transmission issues on a global scale have led to the precipitous rise in energy storage deployments. The energy industry has […]
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Technology
Power Industry Disrupters: Gas, Renewables, and Storage
The power industry is experiencing significant changes. Natural gas, wind, solar, and battery storage seem to be the wave of the future. What’s compelling the transformation? Some people point to
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Coal
Electric Power Generation: Coal Is Currently a Vital Component
Over the past decade, there has been a significant change in the U.S. system of power generation in the lower 48 states. The major factors that resulted in these changes were the discovery of new natural gas
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