POWERnews
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POWERnews—Sept. 8, 2022
POWER Magazine Jobs White Papers Webinars Events Store September 8, 2022 Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS 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 […]
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Energy Security
Germany Halts Closure of Two Nuclear Plants Until April 2023
Germany plans to keep two of its three last nuclear power plants on standby until mid-2023—beyond their year-end closure deadline—to bolster its energy security through the winter. However, the declaration has prompted confusion within Germany’s nuclear industry, which says nuclear plants aren’t suited to perform as operating reserve. Germany’s Federal Ministry for Economic Affairs and Climate Action […]
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Energy Storage
Energy Storage Projects in New York and Texas Get Boost
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 […]
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Solar
Why the Solar Market Is Down and Why It’s Poised for a Comeback
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. […]
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Gas
Two Illinois Gas Power Plants Acquired by Public Benefit Corporation Earthrise Energy
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 […]
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Power
Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS
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. […]
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Energy Security
California Declares Stage 3 Emergency Alert, Warns Rotating Outages Possible
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 […]
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Interview
The POWER Interview: Developing Platforms for Renewable Energy
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 […]
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Nuclear
Diablo Canyon Nuclear Plant Gets Legislative Approval for Operation to 2030
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 […]
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POWERnews—Sept. 1, 2022
POWER Magazine Jobs White Papers Webinars Events Store September 1, 2022 Diablo Canyon Nuclear Plant Gets Legislative Approval for Operation to 2030 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 […]