renewables
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Legal & Regulatory
THE BIG PICTURE 2015: The Year in Power Sector Infographics
POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]
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Renewables
RWE CEO: Conventional Power Role Shifting from Baseload to Renewables Back Up in Europe
Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]
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Renewables
Study: CAISO-PacifiCorp Grid Integration Could Bolster Reliability, Environmental Goals
Integrating California Independent System Operator’s (CAISO’s) and PacifiCorp’s networks—the two largest high-voltage transmission grids in the West—could yield billions of dollars in shared cost reductions within the first 20 years alone through efficiencies, a new study says. The report commissioned by PacifiCorp stems from a memorandum of understanding signed by the independent system operator (ISO) […]
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Renewables
NRG Energy to Reorganize, Seeds New Renewables Company
NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses. The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]
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Commentary
Power Industry Wins with Final Clean Power Plan
Though most power generators and states might have preferred to not deal at all with a new rule regulating greenhouse gas emissions, the final Clean Power Plan (CPP), released August 3, gives most of the power industry most of what it asked for in terms of revisions to the 2014 proposed plan. In any regulatory […]
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Legal & Regulatory
Ameren Scraps Planned Missouri Nuclear Unit, Cites Falling Renewable Costs
Ameren Missouri has dropped plans to build a second nuclear unit at its Callaway Energy Center, citing shaky economics in the context of cheaper renewables, low demand, and other factors for its decision. “While we continue to believe nuclear power must be an important clean energy source for our company and country, as evidenced by […]
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Renewables
Broad Energy Policy Modernization Bill Clears Senate ENR Committee
Broad, bipartisan energy legislation that would allocate federal funding to grid technology research and demonstration along with a number of other initiatives, including cybersecurity and the energy-water nexus, has cleared the Senate Energy and Natural Resources Committee with an 18–4 vote. The committee’s chair, Sen. Lisa Murkowski (R-Alaska), and Ranking Member Sen. Maria Cantwell (D-Wash.) […]
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Renewables
Reports: Renewables Were Revived in 2014
Despite plunging oil prices, 2014 was a formidable year for renewables, according to two reports released in early 2015. According to the “Global Trends in Renewable Energy Investment 2015”—the annual report prepared by the United Nations Environment Programme (UNEP), the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, and Bloomberg New Energy Finance—energy investments […]
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Renewables
California Plans for Even More Renewable Power in Its Future
With the landslide re-election of Governor Jerry Brown, California looks certain to continue its suite of low-carbon policies, including the AB32 cap-and-trade program for greenhouse gases, energy efficiency programs funded to the tune of a billion dollars a year, and its renewables portfolio standard (RPS) of 33% by 2020. In fact, Gov. Brown has suggested […]
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Renewables
E.ON to Spin Off Its Power Generation Business
E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]
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