Renewable energy
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Press Releases
Emerson Launches Ovation Green, a Dedicated Renewable Power Technology and Software Portfolio
Ovation Green will help producers navigate the emerging sustainable energy economy PITTSBURGH (Feb. 2, 2023) – Emerson has combined its comprehensive power expertise and renewable energy capabilities into the Ovation™ Green portfolio to help power generation companies meet the needs of customers navigating the transition to green energy generation and storage. By uniting the recently […]
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Power
Is Delivering 100% Renewable Energy on an Hourly Basis at Cost-Competitive Rates Achievable?
Cynics might argue that it’s impossible to operate the power grid economically with 100% renewable energy on an hourly basis, but a model developed by Peninsula Clean Energy, a community choice aggregation agency that serves San Mateo County and the City of Los Banos, California, suggests it’s possible—at least in its little slice of the […]
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Energy Storage
Milestone for Major Pumped Hydro Storage Project in Wyoming
A Utah-based company is developing a pumped hydro energy storage project in the heart of coal country, one of several renewable energy deployments being sited in Wyoming in an effort to diversify that state’s energy and power portfolio. Officials with the 900-MW Seminoe Pumped Storage Project, being developed by rPlus Hydro, part of rPlus Energies, […]
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Solar
Power for the People: Community Solar Project Achieves High Efficiency and Good Return on Investment
A 6.2-MW solar farm in Foster, Rhode Island, provides 3.35 GWh per year of clean, renewable energy for more than 700 community solar subscribers. The state of Rhode Island has ambitious targets for renewable energy production, including from solar. Many residents—especially those with the most to gain from cost-savings linked to solar power—are unable to […]
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T&D
New Mexico Transmission Line Will Support Renewable Energy Development
A major power transmission project will proceed in New Mexico after a regulatory group approved a public-private partnership for development of a 400-mile high-voltage direct current line. The New Mexico North Path project could move as much as 4 GW of renewable energy from sites in northeastern New Mexico to the state’s Four Corners region, […]
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Press Releases
Advanced Modeling Tool Demonstrates Cost-Effective 24/7 Renewable Power Strategy
REDWOOD CITY, CA – Jan. 10, 2023 – Providing 100% renewable energy on an hourly basis can be achieved at cost-competitive rates, while reducing emissions and providing wider benefits to the electric grid, according to an advanced new 24/7 renewable energy modeling tool and analysis developed by Peninsula Clean Energy. The new Matching Around-The-Clock Hourly […]
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Hydrogen
Should We Really Use Renewable Electricity to Make Green Hydrogen? Not Always
There’s a growing belief that hydrogen will play a key role in lowering CO 2 emissions. However, there are several caveats in realizing that vision, and in some cases, hydrogen may not be the right choice
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Energy Storage
Billionaire-backed ‘Iron-Air’ Battery Maker Picks WV Site for First Factory
A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]
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Power
Increasing Energy Security: Optimizing Today’s Energy Operations and Investing in Renewables for the Future
Countries’ timelines to becoming energy secure and reaching net-zero targets have shortened. Major contributing factors include COVID-19’s impact on supply chains and the war in Ukraine. Alongside this are external influences such as COP27, or the landmark U.S. Climate Bill, which will direct almost $370 billion toward rapidly scaling renewable energy production and reducing emissions. Already, intergovernmental […]
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Press Releases
Sustainable hydropower collaborates with other renewables on climate change
The sustainable hydropower sector is at the heart of two new initiatives that aim to accelerate the clean energy transition, both announced at COP27 today. Planning for Climate Commission aims to accelerate hydropower and other renewables The Planning for Climate Commission is a new global forum focused on speeding up planning and approvals for the massive […]
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Renewables
U.S., Others Tout $20 Billion Plan to Move Indonesia Away from Coal, Toward Renewables
The U.S. and other countries have announced a $20 billion financing plan to help Indonesia more quickly shutter the country’s coal-fired power plants and decarbonize its power generation sector. “We’ve built a platform for cooperation that can truly transform Indonesia’s power sector from coal to renewables and support significant economic growth,” U.S. Special Envoy on […]
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Interview
The POWER Interview: A Renewed Shift in Energy Investing
Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]
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Renewables
Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU
The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]
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Power
Inflation Reduction Act: Increased Electrification and Resulting Utility Implications
While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]
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Waste to Energy
BP Buying Leading RNG Production Group in $4.1 Billion Deal
British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG). BP on Oct. 17 said it was buying Houston, Texas-based Archaea Energy for $3.3 billion in cash, or $26 a share, along with $800 million for […]
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Hydro
Massive Projects Move Forward as Groups Celebrate Global Hydropower Day
A new 16-GW hydropower project in China and a 9-GW plant in Indonesia are among several projects being highlighted as part of Global Hydropower Day, being celebrated Oct. 11 as the hydro sector notes the importance of the technology to the world’s power generation. The Baihetan Hydropower Station in China is being developed by Jinsha […]
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O&M
Net-Zero Goals Require Decarbonization Across the Value Chain
If reaching net zero was easy, we would have done it already. The reality is that removing the global economy’s reliance on carbon is incredibly complex, and there’s no single “magic fix” that will
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Press Releases
Renowned Green Independent Power Producer, NEFIN Group, to Establish Joint Venture with Hatten Land and Provide Funding for Renewable Energy Projects
SINGAPORE, MELAKA, MALAYSIA (Sept. 19, 2022) — Hatten Land Limited is pleased to share that its wholly-owned subsidiary, Hatten Edge Pte. Ltd. has entered into a joint venture agreement with NEFIN Pte. Ltd. to develop, construct, and operate renewable energy projects, with a focus on solar energy generation, in Singapore and Malaysia. NEFIN Pte. Ltd is […]
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Solar
Enverus Expands Renewables Arm, Acquires Spanish Solar Power Group
A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector. Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a […]
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Renewables
Oxford Group: Decarbonizing Energy Would Save $12 Trillion
A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]
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Interview
The POWER Interview: Developing Platforms for Renewable Energy
Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]
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Legal & Regulatory
Biden Signs Bill to Transform U.S. Energy, Combat Climate Change
President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]
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Hydrogen
How Hydrogen Can Enhance Renewable Energy Grids
From powering the first combustion engines to becoming a vital part of the modern-day refining industry, the relationship between hydrogen (H2) and energy spans centuries. It is the most abundant element on our planet. The gas burns clean, it’s light, energy-dense, and we’re only just beginning to uncover its true potential. Hydrogen could well be […]
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Offshore Wind
California Sets Goals for Buildout of Offshore Wind
California officials have taken a major step toward establishing the state’s offshore wind energy industry, setting a goal of installing as much as 5 GW of generation capacity this decade, and 25 GW by 2045. The California Energy Commission (CEC) on Aug. 10 put out a report detailing the state’s plan for offshore wind, which […]
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Renewables
Chicago Announces Plan to Power City with 100% Renewable Energy
Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8. The mayor, along with Illinois Gov. JB Pritzker, on Monday said the city has an agreement with Chicago utility Constellation Energy, along with Massachusetts-based Swift Current Energy, a renewable energy developer. The two spoke […]
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News
Southern CEO Fanning Set to Step Down
Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]
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Renewables
Community Choice Aggregation Provides Renewable Energy at Reduced Costs
Community Choice Aggregation (CCA) programs have become quite prominent in communities across California, and have begun to spring up in other states including Illinois, Massachusetts, and Ohio. Through CCA, communities can purchase electricity on behalf of residents and businesses, in place of investor-owned utilities such as Pacific Gas & Electric (PG&E), San Diego Gas & […]
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Press Releases
EDP Renewables’ Quilt Block Wind Farm Celebrates Five Years of Renewable Energy Production in Lafayette County, Wisconsin
Darlington, Wisconsin, July, 20 2022 – EDP Renewables North America (EDPR NA), a leading renewable energy company in North America, announces the fifth anniversary celebration of the Quilt Block Wind Farm in Darlington, Wisconsin. The Quilt Block project has an installed capacity of 98 megawatts (MW), which is the equivalent of powering more than 36,000 […]
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Press Releases
BrightNight to Deliver Largest Renewable Solution in SPPA History
INLET BEACH, Fla., July 19, 2022 — Following a competitive solicitation, the Southwest Public Power Agency, Inc. (SPPA) has signed a Power Purchase Agreement (PPA) with a BrightNight joint venture (JV) for the delivery of 300-megawatts of solar energy and 600 megawatt-hours of battery storage power. This is the largest renewable power purchase in SPPA’s […]
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Solar
Clearway, Wartsila Partner on Five Large Solar-Plus-Storage Projects
A series of large solar-plus-storage installations is set for deployment in California and Hawaii, with Clearway Energy Group and Wärtsilä announcing five sites where the companies will install solar photovoltaic (PV) resources along with battery systems. The projects announced July 11 include 500 MWac/2-GWh of power in total, installed at solar power sites operated by […]