Latest

  • Power Utility Providers: Maximize Federal Tax Credits

    Sponsored by:
    EDP Renewables

    EDP Renewables North America (EDPR NA) is actively marketing a portfolio of advanced-stage, fully permitted renewable energy projects, available for PPA offtake in Illinois, Indiana, and California. These projects are strategically located, with signed interconnected agreements and fully-approved permits in-hand—making them ideal for utilities and other power providers looking to expand their clean energy fleets. […]

  • The POWER Interview: Fluence Exec Offers Insight on Energy Storage

    There’s global growth in energy storage. The latest evidence is a report that BlackRock, the New York-based asset manager and a major player in energy sector, is ready to buy Akyasha Energy, an Australian company that specializes in battery storage and renewable energy projects. BlackRock in an Aug. 16 news release said it would commit […]

  • Zero Trust: Protecting Critical Infrastructure and Responding to CISA’s ‘Shields Up’

    There are no boundaries in cyberspace. That fact has accelerated sharing of threat intelligence across the defenders, but it exponentially raises the threat of cyberattacks. This reality is underscored by the war in Ukraine, “the first major conflict involving large-scale cyber operations,” according to the U.S. Cybersecurity and Infrastructure Agency (CISA). A major concern is […]

  • Common Mobility Tax Mistakes in the Energy Sector and How to Avoid Them

    As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]

  • Germany Mulls Postponing Nuclear Exit

    Germany’s government is weighing how the closure of the country’s last three nuclear power plants in December 2022 will affect its grid this upcoming winter as the country scrambles to secure sufficient energy supplies amid a decline in Russian gas deliveries. A formal decision on whether or not to keep  Isar 2, Emsland, and Neckarwestheim […]

  • Another Power Giant’s CEO Is Retiring: Entergy’s Leo Denault

    Entergy Corp.’s chairman and CEO Leo P. Denault will retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer. Denault, 62, was appointed Entergy’s chairman and CEO in 2013, taking over […]

  • Biden Signs Bill to Transform U.S. Energy, Combat Climate Change

    President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]

  • New Problems, New Solutions

    Sponsored by:
    Hydac

    Today’s environmentally-friendly hydraulic fluids can cause serious problems that did not occur with previous generation fluids that contained heavy-metal additives. Electrostatic discharges and a host of other detrimental effects can occur with today’s fluids, but solutions exist to alleviate the problems. Hydraulic fluid producers introduce additives (usually several, as an additive package) into base oils […]

  • Renewable Energy, Electrification Big Winners in Inflation Reduction Act

    The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]

  • California Governor Has Plan to Keep Diablo Canyon Nuclear Plant Open

    California Gov. Gavin Newsom has proposed a plan that would keep the Diablo Canyon nuclear power plant open into 2035, a decade beyond the facility’s current closure date. The proposal, which in part includes giving plant owner Pacific Gas & Electric (PG&E) a forgivable $1.4-billion loan, was included in a draft legislative package sent to […]