decarbonization

Deloitte, a group providing a variety of services for business and industry, in a new report published June 12 notes the importance of distributed energy resources (DERs) to the future of power generation and consumption. The report, titled “DERstribution Transformation: Harnessing the power of the household to meet utility decarbonization and affordability goals,” says that […]

Energy transition is the “new normal” (or the only way forward in some peoples’ minds), which aims to reduce emission levels through various forms of decarbonization. Some of the key drivers are increased penetration of renewable energy into the energy supply mix and battery energy storage systems. While these measures contribute incrementally to decarbonization, the […]

Transformational changes in the energy space will need to occur to meet the current global community’s decarbonization and climate protection commitments. Low-carbon-intensity hydrogen could provide valuable

In a recent article in the journal Energy, experts from universities in Portugal, Switzerland, the U.S., and Romania identify digitalization as a pivotal phenomenon affecting the electricity sector, alongside other “megatrends” such as decarbonization, decentralization, and deregulation. Despite the increasing focus on the effects of digitalization on power systems, the authors highlight a notable gap: […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

The Tennessee Valley Authority (TVA) has moved to retire its iconic 1.3-GW Kingston Fossil Plant in Tennessee in 2027 and replace it—with notable urgency—with a 1.5-GW modern complex featuring a combined cycle gas turbine (CCGT) plant, aero-derivative turbines, 100 MW of battery storage, and up to 4 MW of solar generation. The nation’s largest public […]

Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]

Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the

Energy is the lifeblood of our economy. It powers our phones, homes, offices, and transportation. As our energy consumption has evolved, so too has our electricity system to adapt to the demands of a changing world. Today, renewable energy from solar and wind dominates new electricity generation. Utilities are grappling with rising demand from electric […]

The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes pairing nuclear power with solar power, in a system that could repurpose a brownfield site—for example, a closed or soon-to-retire thermal power plant with transmission […]