investments
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Trends
IRA Incentives Fuel U.S. Solar Manufacturing Surge
The U.S. solar manufacturing landscape has undergone a remarkable transformation since the passage of the Inflation Reduction Act (IRA) in 2022. Through targeted domestic content incentives, the federal government has successfully ignited a manufacturing renaissance, boosting capacity nearly five-fold and creating thousands of jobs across the country. Catalyzing Growth Through Strategic Incentives The centerpiece of […]
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International
China’s Belt and Road Initiative Is Reshaping Global Power Infrastructure
Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational
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Trends
AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of power infrastructure improvements required for Ohio’s rapidly expanding data center industry. The agreement, which is subject to review and approval by PUCO, sets a precedent […]
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Coal
Clean Energy Spending Grows, but Big Investments Continue in Coal and Other Fossil Fuels
The International Energy Agency (IEA) expects investment in clean energy technologies, including “renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvements and end-use renewables and electrification,” to exceed $1.7 trillion in 2023, the most ever. Yet, even as clean energy investments grow, more than $1 trillion is expected to be invested in unabated fossil fuel […]
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T&D
UK Developing Digital Twin to Better Understand Future Energy Systems
The UK will back a “digital twin” of future multi-vector energy systems, including non-electric ones, that will support the country’s efforts to meet its 2050 net-zero objectives. The UK’s effort echoes several initiatives launched worldwide to deliver new visibility, knowledge, and understanding of future energy systems and integrate real-time modeling. UK transmission and distribution grid […]
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Renewables
Renewable Energy Insiders Remain Optimistic About the Future
It was about a year ago that COVID-19 gained the world’s attention. The first laboratory-confirmed case of COVID-19 in the U.S. was reported to the Centers for Disease Control and Prevention on Jan. 22
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Interview
The POWER Interview: Evaluating Energy Investments
Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change. Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can […]
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Climate change
Follow the Money—Considering Climate in Energy Investment
Arguments continue about the impacts of climate change, but there’s little debate when it comes to where banks and other investors are putting their money. Shareholders and institutional investors are
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News
Hydropower Is Vital to Africa’s Future
Africa has a number of power supply challenges, many of which can be overcome with renewable energy. Foremost among the options is hydropower. While large projects can meet stiff resistance in the development
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News
Despite Financial Hurdles, Utility Capital Spending to Remain Elevated
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing. The credit ratings agency for the first time this […]