renewables

President Trump wants to provide financial support to struggling coal and nuclear power plants. He’s told the Department of Energy (DOE) to make it happen. But a bipartisan group of lawmakers on Capitol Hill, along with commissioners from the Federal Energy Regulatory Commission (FERC), made it clear June 12 they don’t support federal government intervention […]

The duck curve is named for its resemblance to a duck, with its peaks and valleys highlighting the effect solar production has on the power demanded from thermal generators and hydropower resources throughout

A report from Bloomberg New Energy Finance (BNEF) says the financial struggles of U.S. nuclear power plants continue to increase, and it is likely more plants will be faced with early retirement. It’s another acknowledgement of the tough operating environment for nuclear facilities as gas-fired and renewable energy sources continue to grab more power generation […]

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

Dominion Energy plans to build eight new natural gas-fired power plants and speed the pace of its renewable energy efforts, according to the utility’s integrated resource plan (IRP) filed with Virginia regulators on May 1. The company also said its future plans focus on regulations on carbon emissions in part because Virginia is considering joining the […]

Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments. BNEF’s 2017 figures show that over $330 billion was invested in renewables with comparative costs […]

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]

A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]

NEW YORK (April 2, 2018) – According to the new research report published by P&S Market Research, global virtual power plant market is projected to reach $5,510.2 million by 2023, the market growth is mainly driven by the growing penetration of renewable energy sources in the energy mix across different parts of the world. Virtual power plant […]

HELSINKI, Finland (March 21, 2018) — Wärtsilä’s Smart Power Generation solution has been selected to power the New Orleans Power Station, a 128-MW plant to be constructed at the retired Michoud power plant site in New Orleans, Louisiana. The retired plant, which was the only power generating facility within the city’s borders, was shut down […]

State regulators in Arizona want the state’s investor-owned utilities to source more of their electricity from renewable sources, and develop more energy storage options, rather than rely on new natural gas-fired generation in the future. State senators, however, voted March 14 to give utilities a way to get around any voter-supported mandates for renewables. The […]

ZURICH, Switzerland (March 7, 2018) – Deering and Buckland are two small villages in northwestern Alaska, with populations of 200 and 400 mostly indigenous Inupiaq people. For these residents, who rely heavily on fishing and hunting for their subsistence, life above the Arctic Circle is tough. Winter lasts for nine months with temperatures dipping to […]

Coal-fired power generation has taken another punch, as Consumers Energy—which along with DTE Energy supplies most of Michigan’s power—has announced it will phase out coal burning over the next two decades, with a plan to generate at least 40% of its electricity from renewable sources by 2040. Patti Poppe, Consumers’ president and CEO, made the […]

The Trump administration’s fiscal year 2019 budget request released February 12 asks for more money to support fossil fuel-based power systems, but seeks funding below current levels for other energy initiatives, including renewable energy and energy efficiency. The energy funding is part of a $4.4 trillion budget that features large increases in military spending, along […]

Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the proposals, some of which are designed to lift a freeze on utility rates, which could bring refunds for ratepayers—although others warn it could cause rates […]

The world’s energy transition took an interesting turn at the end of 2017 as global power firm Engie announced it would switch all its gas operations to biogas and renewable hydrogen, the UK slashed its

Overwhelmed by low wholesale power prices and changing customer needs in the Pacific Northwest, the Bonneville Power Administration (BPA) on January 30 unveiled a lifeline it hopes will allow it to remain commercially afloat. While the nonprofit federal power marketer headquartered in Portland, Oregon, is part of the Department of Energy, it is self-funding and […]

Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]

It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no

News about the rate at which new renewable power capacity is being added to grids around the world has been overshadowed by a remarkable trend that could revolutionize the renewables sector. Over the past few

A Michigan utility will build a $500 million natural gas-fired power plant on the site of an existing coal-fired plant in Lansing, and plans to retire the coal plant and another coal-fired facility in the town in the next few years. Lansing’s Board of Water & Light (BWL) announced the project December 18. The city-owned […]

The state-owned North-West Power Generation Co. Ltd. (NWPGCL) in Bangladesh in early November announced plans to build a 3,600-MW regasification liquefied natural gas (LNG) combined cycle power plant in the

The bell has tolled for another U.S. coal-fired power plant. WEC Energy Group on November 28 said it would shutter its Pleasant Prairie facility in Wisconsin, another victim of energy market dynamics that include low natural gas prices, falling demand for electricity, and the continuing move by utilities toward renewable power generation sources such as […]

A U.S. Energy Information Administration (EIA) analysis of carbon dioxide (CO2) emissions in 2015 from U.S. coal consumption shows 43 states recorded lower emissions year-over-year, with just four states showing increased levels, while three states and the District of Columbia had little to no emissions. On the whole, the EIA report released in mid-November comparing […]

The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable

Two members of the California Energy Commission (CEC) on October 6 said they would recommend the full five-member group oppose construction of a new natural gas-fired power plant in Oxnard. The two commissioners said environmental impacts of the plant could not be mitigated, and the plant would not be able to conform to local ordinances […]

The Trump administration’s Environmental Protection Agency (EPA) is considering its options to repeal or replace the Clean Power Plan (CPP), the signature climate regulation of former President Barack Obama. POWER magazine on October 6 obtained a 43-page draft of the EPA’s proposed action on the CPP. The formal document is expected to be released soon. The […]

Chinese coal-fired electricity generation is expected to flatten through 2040 as renewables fill the gap caused by increased energy demand, according to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2017. According to the study, coal accounted for more than 72% of China’s energy generation in 2015. By 2040, however, coal’s share of generation […]

Xcel Energy on August 29 said it wants to retire 660 MW of coal-fired generation capacity as part of a “Colorado Energy Plan” that also includes adding as much as 1,700 MW of renewable energy and 700 MW of natural gas-fired power generation to its portfolio in the state. A key element of the proposal […]