renewables
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Interview
The POWER Interview: Managing Operations in a Pandemic World
Power generation companies, like other businesses, have altered operations due to COVID-19. And it’s more than just having employees work remotely, wear masks, and social distance. Managing data and documents with new protocols in place is critical to any asset-intensive industry, and electricity providers are no different. The Kinsmen Group, an engineering and information management […]
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News
China Seeks Grid Parity for Renewable Energy
Developers of renewable energy projects in China are ramping up efforts to move their installations forward, after delays from the coronavirus pandemic slowed the government’s plan to have solar and wind
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Connected Plant
The Role of Virtual Power Plants in a Decentralized Power Grid
Virtual power plants are becoming a driving force in the power sector. This article explains how they enable utilities and aggregators to pool production from multiple plants and distributed sources, achieving
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Press Releases
Chevron and Algonquin Announce Agreement to Co-develop Renewable Power Projects
Chevron seeks to source more than 500 megawatts of renewable electricity for its operations OAKVILLE, ON, July 30, 2020 /PRNewswire/ – Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. (“Algonquin”) (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects that […]
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Press Releases
280 Megawatt-dc Holstein Solar Project Achieves Commercial Operation in Texas
LOS ANGELES, CALIFORNIA (July 7, 2020) — 8minute Solar Energy (8minute) and Duke Energy Renewables announced that the 280-megawatt (280 MWdc / 200 MWac) Holstein solar project in Nolan County, Texas has begun commercial operation. Holstein is 8minute’s first solar project to come online in Texas, marking a significant milestone as the company expands its operational footprint outside […]
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Renewables
Keeping the ‘Clean’ in Clean Energy
Authored by Bryan Sillaman and James Alford of Hughes Hubbard In the midst of the global COVID-19 crisis, another unprecedented event took place that was largely overshadowed by more urgent, and life-threatening, circumstances. On April 20, 2020, the price of U.S. West Texas Intermediate crude oil dropped below zero dollars per barrel (bbl), plunging past […]
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Renewables
RWE, E.ON Deal Will Reshape Energy Markets
Two German energy heavyweights have completed an asset swap that will have a major impact on the global market for renewable energy. RWE and E.ON on July 1 closed a deal that had been months in the making, with RWE taking on the assets of Innogy, an E.ON subsidiary (and former RWE company), to make […]
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Distributed Energy
Micro Generation with Macro Possibilities
The market for microgrids continues to expand, with utilities, businesses, and neighborhoods installing a variety of technologies in systems designed to ensure a reliable and resilient supply of power. The
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News
Algeria Targets Renewables to Diversify Generation
Algeria, like other countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), wants to diversify its electricity production, and is looking to solar power for the bulk of its
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Renewables
Infrastructure Plan Supports Solar Power, Energy Storage
Energy industry analysts have said government support will be needed to help the sector recover from the COVID-19 pandemic, and Democrats in the U.S. House of Representatives have introduced legislation that includes measures to help the solar and energy storage industries. The $1.5 trillion infrastructure bill introduced in the House on June 22, known as […]
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News
Reduced Cost for Renewables Supports Sector Growth
A new report from the International Renewable Energy Agency (IRENA) shows costs for renewable power are increasingly cheaper than those for generation from coal, reinforcing the trend of increased investment in solar and wind power and away from fossil fuel-powered electricity production. The IRENA report—Renewable Power Generation Costs in 2019—showed that more than half of […]
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Interview
The POWER Interview: Ameresco’s CEO on Efficiency, Renewables, and Resilience
The present and future of power generation is and will be driven by new technologies, those designed to increase the efficient use of electricity while limiting emissions and supporting resiliency. It’s a challenging time for those in energy. Developing solutions to solve issues in the power sector involves navigating an uncertain and ever-changing regulatory landscape, […]
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News
Renewables Gain Investors as Some Flee Oil, Gas, and Coal
The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of
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News
IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions
Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]
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Press Releases
Susgen Launches to Invest in Renewable Energy
London, UK (May 19, 2020) — Today sees the launch of Susgen, a capital provider and partner to industry-leading renewable energy developers. Susgen invests in renewable energy development companies, enabling them to create project portfolios of significant scale. As capital provider to developers globally; such as Urban Grid Solar in the USA, JBM Solar and […]
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News
U.S. Coal-Fired Generation at Lowest Level Since 1976
U.S. coal-fired power generation last year was at its lowest level since 1976, according to data released May 11 by the U.S. Energy Information Administration (EIA). The EIA in its latest Short-Term Energy Outlook report said energy from renewable resources could this year for the first time surpass coal-fired generation in the U.S. The agency […]
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Renewables
Powering the Future: Renewables, New Technology, and Diversification Are Forecast for Energy Sector in 2020 and Beyond
2020 will be a year dominated by environmental issues. Governments are under increasing pressure from climate activists and protest groups to address carbon emissions and reduce fossil fuel consumption. The effect of this scrutiny has been largely felt in the energy sector. This decade organizations within this industry will have to manage new environmental taxes […]
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News
Virginia Commits to End Coal-Fired Generation
Virginia on April 12 became the latest state to commit to a phase-out of fossil fuel-powered electricity generation, as Gov. Ralph Northam signed the Virginia Economy Act into law. The legislation sets new requirements for energy efficiency among the state’s leading utility companies, and also requires most of the state’s six remaining coal-fired power plants […]
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News
Siemens CEO: No Job Cuts Due to Coronavirus
Siemens CEO Joe Kaeser told a German newspaper the company will not reduce its workforce despite the economic downturn due to the worldwide COVID-19 pandemic. Kaeser, in an interview published April 11, said the company would likely continue having some employees work fewer hours at some of its facilities in Germany, and could extend that […]
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Press Releases
Tri-State takes significant step to increase member flexibility, sets contract termination payment methodology
Westminster, Colorado (April 9, 2020) – Tri-State has achieved a significant milestone in its transition to be a more flexible and even cleaner power supplier through its transformative Responsible Energy Plan. The cooperative’s board of directors, representing each utility member, approved a new partial requirements contract option that will deliver its utility members the flexibility […]
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News
EIA Notes Power Demand Destruction From Coronavirus
The coronavirus pandemic is altering the power landscape, with utilities and other power generators forced to adjust for load disruptions. Power consumption is changing as commercial and industrial electricity users close their businesses, and load is shifting to the residential sector with workers now settled in home offices, and students practicing remote and distance learning. […]
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News
France Moves to Support Renewables During Pandemic
U.S. renewable energy advocates have warned of industry slowdowns due to the coronavirus pandemic, and decried the lack of support for solar, wind, and other technologies in the recent aid package passed by Congress. It’s a different story in some foreign countries where the federal government has thrown its support behind renewable energy. France’s ecology […]
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News
Coronavirus and German Renewable Energy Projects: Some Specific Regulatory Topics
The coronavirus pandemic is currently turning the entire world upside down and each and every market is experiencing its impact. The German electricity market is no exception. Other issues caused by the spread of the coronavirus may also affect German renewables projects, such as delays in permitting and tender proceedings, and limitations on the free […]
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Interview
The POWER Interview: GenCell’s CEO on Importance of Clean Energy
The coronavirus pandemic is expected to slow the growth of renewable energy in 2020, owing to supply chain disruptions and an economic recession. It could make hitting targets for clean energy adoption more difficult, particularly in the short term. Will government officials look to adjust their goals for renewable energy? Perhaps, but with most of […]
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News
Energy Storage Industry Already Experiencing Coronavirus Delays
The U.S. Energy Storage Association (ESA) surveyed members of its industry and found that almost two-third of respondents say they already are experiencing coronavirus-related delays, due to disruptions in the global supply chain, travel restrictions, and the downturn in equity markets that is cutting investment in projects. The ESA said more than one-third of those […]
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Markets
Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage
While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to take advantage of state incentives, declining technology costs, and revenues from […]
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News
GE Exec: Global Gas Turbine Market ‘Stabilizing’
GE Power’s CEO on March 4 said his company sees the global gas turbine market stabilizing, in part due to better accessibility to natural gas worldwide. Scott Strazik made the comment during GE’s Investor Outlook on Wednesday. The event is an annual overview of the company’s operations that GE gives to investment professionals. The outlook […]
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News
POWER Digest [March 2020]
Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)
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News
Moving Toward Mainstream—The Rise of Renewable Goals
More states are setting targets for renewable energy. Cities and counties are joining in. Utilities are formalizing commitments. And economics, as always, play a major role. The transition to clean energy
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Press Releases
More renewable energy options available under Duke Energy’s Green Source Advantage
CHARLOTTE, N.C. (February 25, 2020) – The North Carolina Utilities Commission (NCUC) has approved Duke Energy’s Green Source Advantage (GSA) program in North Carolina, enabling the company to expand renewable energy options for customers. View the NCUC order. “Large customers focused on securing more renewable energy now have an additional option with Duke Energy’s Green […]