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New York Gov. Kathy Hochul announced on Sept. 8 that $16.6 million had been awarded to five long-duration energy storage projects in her state. She also said an additional $17 million in competitive funding was available for projects that “advance development and demonstration of scalable innovative long-duration energy storage technologies, including hydrogen.” Meanwhile, Qcells USA […]

The number of cyber attacks on operational technology (OT) is rising rapidly. What was once a concern primarily reserved for information technology (IT) professionals has moved into OT spaces. The proliferation of connected devices in OT environments has opened the door to critical infrastructure for bad actors looking for payouts, to cause harm or gain […]

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

Two Eastern Generation natural gas power plants in northeastern Illinois have been acquired by Earthrise Energy, an emerging independent power producer and “public benefit corporation” that has now amassed a 1.7-GW natural gas fleet in Illinois. Earthrise on Sept. 6 said it acquired the 328-MW Crete (Figure 1) and 656-MW Lincoln Generating Facility from Eastern […]

The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon emissions and achieve net-zero by 2050. The pathways proposed for the iron and steel, cement and concrete, food and beverage, chemical manufacturing, and petroleum refining sectors may have substantial implications for future power demand. […]

California’s grid operator issued a Stage 3 energy emergency alert (EEA) at 5:17 p.m. PST on Sept. 6, warning it would order rotating power outages to lower soaring power demand and stabilize its grid, if necessary. The California Independent System Operator (CAISO) cautiously raised the emergency alert from Stage 2, which it had declared earlier […]

Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]

California’s lawmakers have passed Senate Bill 846, effectively offering Pacific Gas and Electric (PG&E) a pathway to keep the Diablo Canyon nuclear power plant open until at least 2030. The bill, authored by Assemblymember Jordan Cunningham, a Republican from San Luis Obispo, and Democratic state Sen. Bill Dodd of Napa, passed the California Assembly by 69–3 […]

In the power generation industry, it is challenging to find enough resources to address all your needs. On top of that, the power business operates in volatile markets with changing price signals and competitive forces. Energy companies must be prepared to adapt and change to deliver top asset performance. You need to routinely question existing […]

In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]