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The interim CEO of Texas-based NRG Energy Inc. said the company plans to apply for up to $900 million in loans from the state in order to finance construction of new natural gas-fired power plants. Larry Coben, who was appointed interim CEO in November 2023 after the resignation of long-time CEO Mauricio Gutierrez, on Feb. […]

Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]

American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]

Direct air capture (DAC) holds promise to extract carbon dioxide from the atmosphere, potentially becoming a crucial tool in the battle against climate change. Amidst heated debates over its feasibility, cost, and effectiveness, this comprehensive analysis dissects DAC’s potential through energy modeling and policy discussion. Can DAC truly fulfill its promise and play a significant […]

Several solar power equipment manufacturing companies are building factories in the U.S., with many of those groups saying the investments are due to passage of the Inflation Reduction Act (IRA) and its incentives tied to domestic production. One of those companies is Heliene, a Canada-based solar power equipment maker. Heliene, which also makes solar panels […]

To state it simply, current decarbonization goals cannot happen without deeper engagement between utilities and their customers, and utilities are not yet truly harnessing the potential that their customers bring. In order to begin to realize this wholesale shift from customers as “load” to customers as “resource,” utilities must facilitate customer participation in energy-saving initiatives […]

Nuclear energy has long been a topic of debate due to concerns about its environmental impact and the disposal of nuclear waste. However, a paradigm shift is underway that could revolutionize how we view nuclear waste. Not only could recycling nuclear fissile waste reduce the waste generated by current nuclear power plants, but it also […]

A major U.S. utility is part of a fusion energy project that would be located at the site of one of the company’s retired coal-fired power plants. Type One Energy Group on Feb. 21 announced plans to build Infinity One, a stellarator fusion prototype machine, at the Tennessee Valley Authority’s (TVA’s) closed Bull Run Fossil […]

The Midcontinent Independent System Operator (MISO) is warning reliability challenges have grown urgent as the nation’s power system grapples with a “hyper-complex risk environment.”  The grid operator that serves 15 U.S. states and the Canadian province of Manitoba, in its updated Reliability Imperative report released on Feb. 22, flagged several critical challenges that the region […]

The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” Although the reforms affect many aspects of PJM’s Reliability Pricing Model (RPM), this commentary highlights: The transition from capacity accreditation using Equivalent Demand Forced Outage […]