POWERnews

Arevon Energy, a Scottsdale, Arizona-based renewable energy developer, owner, and operator, announced it has signed a long-term tolling agreement with electricity provider MCE for 188 MW of the Cormorant Energy Storage Project in Daly City, California. Cormorant Energy Storage is a 250-MW/1,000-MWh standalone battery energy storage system that will be built in two phases. The […]

Ontario Power Generation (OPG) will partner with GE Vernova to complete a 15-year project to refurbish the iconic 1.7-GW Sir Adam Beck I and II hydroelectric complex near Niagara Falls. The C$1 billion ($724 million) project unveiled on April 16 will comprise the first phase of OPG’s larger plans to overhaul all five of its […]

BGEN, one of the UK’s largest engineering firms, has been awarded an £84 million project by GE Steam Power Systems to provide electrical and instrumentation solutions to Hinkley Point C (HPC), which is a two-unit EPR nuclear power station under construction in Somerset, England. When complete, Hinkley Point C is expected to deliver 7% of […]

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

Nearly 200 solar and storage companies sent a letter to congressional leaders on April 17 calling for legislation to improve permitting, project siting, transmission, and public lands access for solar and solar plus storage projects. Market forecasts show that a range of policy and economic outcomes will determine the volume of solar deployment over the […]

A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the prior year. The “Global Wind Report 2024,” published April 16 by the Global Wind Energy Council (GWEC), said “the world is moving in the right […]

The “hypercomplex” risk environment in which the North American power sector operates is underscoring the urgency for strategic initiatives to enhance grid reliability and security across North America, the head of the North American Electric Reliability Corp. (NERC) told reporters on April 4. NERC CEO Jim Robb, in a briefing, said the hypercomplex risk environment […]

The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, founded in 2015 as a 50-50 joint venture between TEPCO Fuel & Power, a wholly owned subsidiary of Tokyo Electric Power Co., and Chubu Electric […]

The U.S. Department of Energy’s (DOE’s) final energy efficiency standards for distribution transformers appear to strike a compromise with industry, softening the agency’s stance on steel requirements for essential transformer components and extending compliance deadlines to five years. The DOE’s final standards issued on April 4 seek to reduce losses in three types of distribution […]

The California Advanced Clean Fleets (ACF) regulation, which began being implemented on Jan. 1, 2024, is designed to complement the Advanced Clean Trucks (ACT) rule, which mandates a significant increase in the number of medium- and heavy-duty zero-emission vehicles (ZEVs) on California roads. There’s much to understand about the regulation and how it will impact […]