New York

The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind power assets of Norway’s Equinor. BP in announcing the deal on Sept. 10 said it is taking a 50% stake in Equinor’s Empire Wind project […]

New York, N.Y. (August 6, 2020)  — The marine renewable energy (MRE) technology developer, Verdant Power, has successfully taken additional steps toward the installation of an array of its three, fifth generation (Gen5) tidal power turbines on the Company’s novel TriFrame™ mount at its Roosevelt Island Tidal Energy (RITE) Project site in New York City’s […]

Center to Develop Innovative Cybersecurity Best Practices that Will Serve as a Model for Deployment at Other Public and Private Utilities NYPA’s Advanced Grid Laboratory for Energy to Test Cybersecurity Solutions, Pilot New Systems WHITE PLAINS — The New York Power Authority (NYPA) and Siemens Energy, Inc. today announced a new collaboration to develop an […]

Stamford, Connecticut (June 2, 2020) — Equinor today announced the official name of its wind project off the coast of New England, Beacon Wind. When complete, Beacon Wind will provide reliable, renewable power to more than a million households in the Northeast. “Beacon conveys a sense of hope and guidance, qualities that we value very […]

NEW YORK —May 27, 2020 — Energy Impact Partners (EIP), one of the world’s leading investment firms focused on the sustainable energy transition, and NextPower III, an international fund managed by NextEnergy Capital Group (NEC), today announced the closing of an agreement for the acquisition of an 102 megawatt (MW) portfolio of community solar projects […]

One of the two remaining operating reactors at the Indian Point Energy Center in Buchanan, New York, will close for good on April 30, shutting down early as part of an agreement between Entergy, the plant’s operator, the state of New York, and environmental groups who had pressured officials to close the plant. The 1,020-MW […]

The New York Independent System Operator (NYISO), one of the nation’s nine regional transmission organizations (RTOs) that operate the power grid, now has some of its staff living at two of its control  centers in suburban Albany, New York. The move comes as other RTOs and utilities consider having staff shelter-in-place at their respective operations […]

A study published by the Electric Power Research Institute (EPRI) shows peak demand and energy use decreased as much as 21% in some areas as a result of actions taken to reduce the spread of COVID-19. The report—COVID-19 Bulk System Impacts: Demand Impacts and Operational and Control Center Practices—was released on March 27. It reviews […]

As nearly 20 million New Yorkers adjust their lives in response to the COVID-19 crisis, the changing patterns of behavior are reducing and shifting electricity consumption, according to the New York Independent System Operator (NYISO). Read more in this blog post from NYISO, and visit the organization’s website. — Follow updates about the impacts to […]

Power industry analysts who’ve spoken with POWER agree there will be an impact to power load due to the COVID-19 pandemic, with the loss of much of the U.S. commercial and industrial demand for power, and certainly an uptick in the amount of demand from the residential sector as more people work from home, away […]