electrification

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

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 […]

Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 said the facility, at BASF’s Verbund site in Ludwigshafen, Germany, will begin operating after three years of development, engineering, and construction work. The three groups […]

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 […]

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

The framework for a better power grid should include distributed energy resources as a key part of the transition. When you think of the energy system of the future, what do you imagine? Ideally, you’d

This commentary from Siemens USA notes how the push for electrification promotes cleaner energy, sustainability, and efficiency. The “electrification of everything” is underway to not only decarbonize, but

The push for electrification of the transportation sector is being supported by companies making significant investments in charging infrastructure. These groups are taking innovative approaches, including utilizing solar power, to providing the electricity necessary for a network of charging stations. Greenlane on March 27 announced a major project that features a 280-mile charging corridor that […]

To state it simply, current decarbonization goals cannot happen without deeper engagement between utilities and their customers, and utilities are not yet truly harnessing the potential that their customers bring. In order to begin to realize this wholesale shift from customers as “load” to customers as “resource,” utilities must facilitate customer participation in energy-saving initiatives […]