renewables

Mitsubishi Power is expanding its geothermal infrastructure in Indonesia. The company has received an order from PT Pertamina Geothermal Energy (PGE), a subsidiary of the state-owned oil and gas group PT Pertamina, for construction of a 55-MW unit at the Lumut Balai Unit 2 geothermal power station. The order is for a steam turbine, generator, […]

The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios. Among the latest is

The UK has a broad plan to develop a hydrogen economy as a feature of its commitment to reach net-zero carbon emissions by 2050. Energy analysts have said hydrogen not only could fuel the country’s

It’s always difficult to select winners from the field of nominations submitted to POWER for its annual awards, and this year was no exception. The Wudongde Hydropower Station was the big winner, while

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

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 […]

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 […]

Two groups involved in innovation for power generation, including Italy’s largest utility, have teamed to build a rock-based energy storage system to capture excess power at a natural gas-fired power plant in Tuscany. Italy’s Enel, along with Israel’s Brenmiller Energy, have said the project aligns with their efforts to test new technologies to increase flexibility […]

Coal-fired See our August 2022 issue for stories covering these plants: Osaki Cool Gen, Japan Shanghaimiao Power Plant, China Renewables See our September 2022 issue for stories covering these plants: Bighorn Solar Project, Colorado Boone Dam Hydro Project, Tennessee Energypark Haringvliet, Netherlands Harvey Milk SFO Terminal, California Svartsengi Geothermal Power Plant, Iceland Western Spirit Wind, […]

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

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 […]

California seems to face the prospect of electricity shortages almost every summer. For example, Californians were asked to voluntarily reduce their electricity consumption for 10 days in a row in August. A few weeks later, the state’s grid operator issued another emergency alert: “Conserve energy now to protect public health and safety … Power interruptions […]

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 […]

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

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

The leader of India’s power sector has said the country is preparing to add as much as 56 GW of coal-fired generation capacity by 2030 in order for the country to meet growing demand for electricity. He also said India must invest in energy storage, in concert with supporting more wind and solar power development, […]

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 […]

California’s grid operator issued a Stage 3 energy emergency alert (EEA) at 5:17 p.m. PST on Sept. 6, warning it would order rotating power outages to lower soaring power demand and stabilize its grid, if necessary. The California Independent System Operator (CAISO) cautiously raised the emergency alert from Stage 2, which it had declared earlier […]

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 […]

When Swedish company Vattenfall in 2018 set out to combine wind, solar, and battery storage resources at this pioneering energy park in the Netherlands, its foremost focus was to demonstrate a clean energy

Like it or not, property acquisition for utilities, especially through eminent domain, is changing. What once was an easy, efficient process is now being met with more frequent resistance from property owners

Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]

It’s an enthusing time in the energy world. The signing of the Inflation Reduction Act (IRA) has brought terms like “heat pumps” and “photovoltaics” into the national spotlight and homeowners’ vocabularies. One thing that’s flying under-the-radar: how both clean energy generation and efficient energy usage can come together for homeowners, landlords, and renters to save […]

Atlanta-based energy giant Southern Co. has rapidly evolved to keep in step with the evolution of power. As part of its corporate growth, the company has notably pioneered technologies that have reshaped

Vietnamese officials said a U.S. utility company plans to develop a $13 billion, 4-GW offshore wind farm that would be sited off that country’s central province of Binh Thuan. Vietnam’s Ministry of Industry and Trade in a statement issued July 29 said AES Corp., a Virginia-based utility that operates in 15 countries, is behind the […]

The largest floating solar farm in Europe, located on the reservoir for a hydroelectric dam in Portugal, is expected to begin producing power this month. The July startup of the Alqueva installation (Figure

Swedish-based renewable energy developer OX2 has taken another step toward construction of its Aurora offshore wind farm, a 5.5-GW project sited between the islands of Gotland and Oland in the Baltic Sea. OX2 on June 27 announced it had submitted a permit application to build the wind farm under the auspices of Sweden’s Exclusive Economic […]

Renewable energy operators face enormous challenges to remain profitable in an increasingly competitive market. Facing tightening margins, operators are looking to extract maximum value by leveraging the flood of data collected from their renewable assets. As grid changes lead to increasing curtailment, forecasting becomes more challenging. And as the global supply chain is constrained, unforeseen […]

Legislation passed in Rhode Island will commit the state to procure 100% of its electricity from renewable energy sources by 2033. If Gov. Daniel McKee, as expected, signs the bill into law, the Ocean State could have the nation’s fastest timeline for a 100% renewables procurement. The New England state’s legislature on June 17 approved […]

The Department of Energy’s (DOE’s) first official loan guarantee for a new clean energy technology project since 2014 will go to the Advanced Clean Energy Storage 1 project in Utah—one of the world’s largest renewable hydrogen energy projects.  The DOE on June 8 announced it closed on the $504.4 million loan guarantee for the first […]