renewables
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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