policies
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Sustainability
GE Vernova, IHI Developing Novel Ammonia-Capable Gas Turbine Combustor
GE Vernova will collaborate with Japanese integrated heavy industry group IHI Corp. to develop a retrofittable 100% ammonia-capable gas turbine combustion system that would be compatible with GE’s 6F.03, 7F, and 9F models, targeting a potential commercially available product by 2030. The companies on Jan. 24 signed a joint development agreement (JDA) that formally launched […]
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Markets
Market Transitions: The MOPR Merry-Go-Round
The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.
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News
Wind Industry Prepares for Massive Expansion
Construction activity on wind projects across the U.S. surged to a record level of more than 20 GW in the third quarter of 2018, and about 35.1 GW of new wind capacity was under construction or in advanced development at the end of 2018, according to the American Wind Energy Association (AWEA). In 2018, the […]
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Renewables
Growth of Solar Power in China Offers Lessons for U.S., Study Says
The U.S. should capitalize on China’s formidable experience to put its own domestic solar power sector on a more “economically sensible” path, researchers from Stanford University said in a new report. The March 21–released report, “The New Solar System,” which was funded by a research grant from the U.S. Department of Energy (DOE), offers a […]
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Business
Report: Utility Spending on Energy Efficiency Soars as Supportive State Policies Are Expanded
Electric utility spending and budgets for customer-funded energy efficiency programs have seen a 30% boost compared to 2010 levels and could double by 2025, thanks to expanding state policies, an updated report from the Institute for Electric Innovation (IEI) suggests. The report, “State Electric Efficiency Regulatory Frameworks,” outlines policy developments that support utility investments in […]
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