Wind
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Commentary
Two Years After IRA: Carbon Capture Coalition Executive Director Reflects on Coalition’s Progress and What’s to Come
This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]
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Commentary
The Energy Transition Requires a Holistic Approach
Over the last few years, the energy industry has moved down a path of massive change, disruption, and uncertainty. In the U.S., growth projections over the next 15 years include 2,000 GW of PV solar and wind, 1,100 GW of storage, all seemingly coming from nowhere, driving grid interconnection requests at the end of 2023 […]
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News
LS Power Acquiring Renewable Energy Assets in $2.5 Billion Deal
A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]
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Coal
AES Indiana Switching Last Coal Units to Gas, Adding Solar and Storage
An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]
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Legal & Regulatory
Post-Chevron Ushers in ‘New Normal’ For Regulated Community
The U.S. Supreme Court recently overturned the longstanding Chevron doctrine, a foundation of administrative law for 40 years, when it ruled on Loper Bright Enterprises v. Raimondo . The impacts on a wide
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Renewables
GOP-Held Congressional Districts Cash in on Clean Energy Projects
More than $106.5 billion in large-scale clean energy project investments have been announced in Republican-held congressional districts in the U.S. during the period from August 2022 through June 2024. The figure was released by E2, a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for “smart […]
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Wind
Clearway Begins Repowering of Texas Wind Farm
Clearway Energy Group on July 8 said it has closed financing and begun a repowering project for the California-based company’s Cedro Hill wind farm in Webb County, Texas. Clearway said the repowering will boost the wind farm’s generation capacity to 160 MW, from its current 150 MW. Workers will replace the blades and nacelle with […]
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Trends
Energy Evolution: What Technologies Are Leading the Way Today
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new
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Hydrogen
POWER Digest [July 2024]
Economics Could Bring Early Closure for Slovenia Coal-Fired Plant. Slovenian Prime Minister Robert Golob in May said the Termoelektrana Šoštanj (TEŠ) facility, the country’s only remaining coal-fired
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Wind
Measuring the Prospects for Wind Energy in 2024 and Beyond
The wind energy industry has been on an exponential growth curve for more than a decade. POWER looks at the drivers behind the growth and predictions for the future. Nearly 200 countries made major collective
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