Latest
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Offshore Wind
Group: More Than 51 GW of U.S. Offshore Wind in Pipeline
A coalition of companies working in the U.S. clean energy sector has released its latest report on the nation’s offshore wind market, noting projects totaling more than 51 GW of capacity are in a growing pipeline of expected installations. The Washington, D.C.-based American Clean Power Association (ACP) on May 4 said it is tracking projects […]
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Technology
Technology Is Critical for Hedging and Trading in Energy Markets
The world is currently going through a major shift toward clean energy, triggered by concerns over climate change, depleting resources, and energy security. The energy transition is a massive undertaking, requiring significant investment and a long-term vision. However, as with any transition, there are challenges and uncertainties, and this is where hedging and trading come […]
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Electrification
New Technology Offers Options for Floating Offshore Wind and Power-to-X Projects
New technology is regularly being developed and enhanced to improve power delivery and incorporate more renewable energy into systems. ABB Energy Industries is among the companies investing in solutions to make future power systems better. Among its current focus areas are deploying subsea power distribution and conversion concepts to support the floating offshore wind industry, […]
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Markets
ERCOT Warns Demand Could Outpace Dispatchable Power This Summer
Texas officials on May 4 warned that peak demand for electricity could—for the first time—exceed the amount the Electric Reliability Council of Texas (ERCOT) can generate from on-demand dispatchable power, forcing the grid operator to rely on renewables to keep the lights on this summer. During an annual public update ahead of summer 2023, Peter […]
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Energy Storage
Israel Adding Energy Storage to Support Grid Integration for Renewables
Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure on May 2 said the projects are the first step in a “program of great importance for the energy sector.” The program is designed to […]
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Interview
The POWER Interview: A Snapshot of the Energy Storage Market
Energy storage continues on an upward growth trajectory, with new projects seemingly being announced every day. POWER looked at advancements in battery energy storage technology, and trends in the sector, in the March 2023 issue. A number of experts within the energy storage industry provided their views on the issues impacting storage. Among those experts […]
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Power
Fusion Energy Reaches Prime Time
Over the last three years, electricity generation from fusion has moved from the realm of science fiction to the brink of serious development. A lot has happened, but challenges remain before fusion arrives on
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Solar
Europe Ramps Renewables, Looks for New Gas to Reduce Reliance on Russia
European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas
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Nuclear
Searching for Advanced Nuclear Power Technology? Look to Idaho
It might surprise many people to learn that nearly every operating reactor in the world has technological roots in Idaho. The fact is, the Idaho National Laboratory (INL), which was known as the National
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Geothermal
Canada Starts Up First Geothermal ‘Co-Production’ Power Project at Active Legacy Oil Field
A pioneering 21-MW power project that economically produces geothermal power with co-produced hydrocarbon fluids from an enhanced oil recovery (EOR) operation is now commercially operating in Alberta, Canada