renewables
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Interview
The POWER Interview: Importance of Tax Credits and Incentives
Tax credits and incentives, also known as C&I, have long been important to support the growth of energy technologies, from oil and gas exploration to solar and wind power. Federal tax credits have lifted the U.S. renewable energy industry over the past decade, leading to rapid growth in the sector. Laurence Sotsky is the CEO […]
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Press Releases
Solar Executives Launch Nationwide ‘Renewables Forward’ Initiative to Tackle Diversity and Inclusion
WASHINGTON, D.C.—Oct. 12, 2020—A group of leading solar and renewable energy companies and trade organizations have launched an initiative, Renewables Forward, to take action and develop concrete steps to increase workforce diversity and inclusion throughout the industry. Leaders from across the industry have come together to share experiences, evaluate best practices and make meaningful change. […]
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Distributed Energy
Economics Drive Design of DER Systems
Distributed energy systems are transforming the way power is produced and distributed. The decentralized model of power generation, where energy is produced closer to where it will be used, rather than at a large plant elsewhere and sent through the traditional grid, has several advantages, including reducing transmission losses and lowering carbon emissions. An Oct. […]
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News
Renewables Could Drive Recovery in Latin America
Countries in Latin America did not feel the effects of the COVID-19 pandemic until several weeks after Europe and the U.S., but the impacts of the coronavirus when it arrived were swift on the region’s
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Renewables
The POWER Interview: Are DERs an Opportunity, or Threat?
Distributed energy resources (DERs) are physical and virtual assets that are deployed across the power distribution grid. They are typically close to load, and though they initially began as behind-the-meter assets, today may be as likely to be deployed in front of the meter. DERs include renewable energy, and are the key component in microgrids, […]
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Commentary
Key Challenges and Opportunities Facing Residential Clean Energy for the Rest of 2020
Asia now accounts for the most growth in renewable electricity generation, at a whopping 40% of the global production, while Europe and North America are each at 20%, according to the International Renewable Energy Agency (IRENA). Particularly, solar power was at its peak at the start of 2020, with a record-breaking first quarter in the […]
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News
Vistra Shuttering More Coal, Adding Solar and Storage
Vistra has announced seven new renewable energy projects that will add about 1,000 MW of solar and energy storage to the company’s generation fleet. The company also said it would retire its coal-fired power plants in Illinois and Ohio as part of an effort to reduce carbon emissions as it established new long-term emissions reduction […]
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Distributed Energy
Leveraging the Benefits of Microgrids and DERs
The digitalization of power generation includes many new technologies, all designed to increase efficiency, along with reliability and resiliency. A group of energy industry experts came together Sept. 30 at Experience POWER, the virtual event supported by POWER magazine, to discuss “Microgrids and DERs—Leveraging the Benefits.” The session explored how data analytics and the Industrial […]
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News
Decarbonization, Decentralization Driving Power Industry
Technological innovation has forever been part of the power generation sector, as electricity producers strive for more efficient and more economic ways to deliver power. The POWER magazine editorial staff, in a “State of the Industry” presentation on Sept. 28 to open the virtual 2020 Experience POWER conference, identified four trends in power generation that […]
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Press Releases
Eaton helps Southern California Edison streamline renewable integration process and meet clean energy goals
PITTSBURGH (Sept. 22, 2020) — Power management company Eaton is making it easier to add renewables to Southern California Edison’s grid and help the utility double the amount of carbon-free electricity supplied to the grid to 80 percent by 2030. The utility is using Eaton’s CYMETM Integration Capacity Analysis software to automate the process of […]
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News
Hitachi ABB Power Grids’ Report Highlights Greening of the Grid
The use of coal for North American power generation will continue to decline, natural gas will continue as the leading source of power, and the use of renewable resources to provide electricity will continue to grow, according to a report from Hitachi ABB Power Grids. The outlook, titled “North America Power Reference Case: Spring 2020” […]
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News
FERC Order Backs Grid Market for DERs
The Federal Energy Regulatory Commission (FERC) issued an order that advocates for distributed energy resources (DERs) say will enable DERs, including renewable energy such as solar, wind, and battery storage, to compete on a more-level playing field in the organized capacity, energy, and ancillary services markets run by regional grid operators. FERC Order No. 2222, […]
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Commentary
California’s Cautionary Tale Against the Green New Deal
California needs more reliable electricity. The ongoing rolling blackouts in the Golden State will likely become more frequent unless its elected leaders change their foolish energy policies. More importantly, California’s energy posture reveals some harsh lessons for the rest of America, as it provides a glimpse into the future of power generation should the Democrats […]
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Coal
South Korea Will Close Half Its Coal-Fired Fleet
South Korea’s president said the country will shutter 30 more coal-fired power plants by 2034, and bring additional solar and wind power resources online in the next five years in order to meet emissions reductions targets. President Moon Jae-in made the announcement Sept. 8 in a speech he delivered virtually for the United Nations’ International […]
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News
World’s Largest—For Now—Battery Storage Project Online in California
A battery energy storage project in California is set to be the world’s largest in terms of generation capacity when the facility is fully energized later in September. McCarthy Building Companies’ Renewable Energy & Storage group, based in Phoenix, Arizona, on Sept. 1 said the company had recently completed construction of LS Power’s 250-MW Gateway […]
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News
Vietnam Wants More Generation Capacity, Less Reliance on Coal
Vietnamese officials earlier this year said they want the country to more than double its power generation capacity by 2030, to as much as 130 GW from the current capacity of about 55 GW. The Communist Party
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Fuel
Big Oil Makes Concerted Push into Power
BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new
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News
How COVID-19 Crisis Response Informs Next Steps for Climate Mitigation
When the pandemic hit New York state, Gov. Andrew Cuomo began holding daily media briefings to provide updates and reassurances—and most days, he would challenge New Yorkers to learn the lessons of this
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Fuel
Coal-Fired Generation Down 30% in U.S., 8% Worldwide
Analysis from a global energy organization said power generation from coal-fired units fell 8.3% in the first half of 2020, with the world’s coal fleet running at less than half its capacity. The drop for U.S. coal generation was more steep, with the U.S. Energy Information Administration (EIA) reporting the output from the nation’s coal […]
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News
Six Investing Trends Reshaping Power and Utilities Sector Despite COVID
Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity points to several interesting trends that will likely persist in a post-crisis world and may even accelerate change in the sector, new analyses from global […]
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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 […]