electrification
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Legal & Regulatory
Importance of Rate Design in Moving Customers Toward Electrification
Home heating is approaching an impasse—there is great opportunity to decarbonize through heat pumps for both heating and cooling, but rising electricity rates might discourage consumers from getting on
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Electrification
Residential Electrification Gets Boost from Eaton, Treehouse Collaboration
A global power management company known for its technology advancements is collaborating with a software-enabled installation platform for electrification in a joint effort designed to support the U.S. residential market. Eaton on Nov. 14 announced it will work with Chicago, Illinois-based Treehouse to enable residential electrification projects, including electric vehicle (EV) charging. The groups on […]
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Commentary
Finding Equilibrium Between Growth and Decarbonization
With the global population expected to reach approximately nine to 10 billion by 2050, and one billion people still without energy access, our energy requirements are not only growing but also evolving. Each equinox reminds us of the essential balance we need to strive for in achieving net zero by 2050. COMMENTARY Crucially, the need […]
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Renewables
Report: Renewables Generating Nearly One-Third of Global Electricity
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 […]
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
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 […]
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Electrification
Groups Collaborate to Electrify Chemical Processing Plants
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 […]
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Hydro
OPG Embarks on Major Refurbishment of Niagara Falls Hydropower Stations
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 […]
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Trends
A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut
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 […]
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Commentary
Balancing Essential Utility Infrastructure Investment with Customer Affordability
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
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Electrification
Expanding Access and Growing DER Networks for a Smarter Future Grid
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