10 Near-Term Global Power Sector Trends

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:17:14 +0000

While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of

The post 10 Near-Term Global Power Sector Trends appeared first on POWER Magazine.

Read more

Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU

Credit to Author: Darrell Proctor| Date: Wed, 26 Oct 2022 18:41:25 +0000

Vlocity-renewable-energy-solar-wind

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

The post Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU appeared first on POWER Magazine.

Read more

The POWER Interview: Modeling Solutions for the Future of Energy

Credit to Author: Darrell Proctor| Date: Wed, 31 Aug 2022 13:43:42 +0000

Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]

The post The POWER Interview: Modeling Solutions for the Future of Energy appeared first on POWER Magazine.

Read more

Community Choice Aggregation Provides Renewable Energy at Reduced Costs

Credit to Author: Aaron Larson| Date: Thu, 21 Jul 2022 15:25:07 +0000

Community Choice Aggregation (CCA) programs have become quite prominent in communities across California, and have begun to spring up in other states including Illinois, Massachusetts, and Ohio. Through CCA, communities can purchase electricity on behalf of residents and businesses, in place of investor-owned utilities such as Pacific Gas & Electric (PG&E), San Diego Gas & […]

The post Community Choice Aggregation Provides Renewable Energy at Reduced Costs appeared first on POWER Magazine.

Read more

How Ammonia Could Help the World Transition to Clean Energy

Credit to Author: Aaron Larson| Date: Wed, 23 Mar 2022 13:05:34 +0000

Hydrogen is widely seen as a vital component in efforts to decarbonize the world’s power supply. One example of this is a strategy being piloted by at least a couple of major gas turbine manufacturers, which involves storing “green hydrogen” produced through electrolysis using excess wind or solar power when renewable energy supplies exceed grid […]

The post How Ammonia Could Help the World Transition to Clean Energy appeared first on POWER Magazine.

Read more

Minerals Crucial to Clean Energy Transition Among Ripple Effects of War in Ukraine

Credit to Author: POWER| Date: Fri, 04 Mar 2022 17:52:09 +0000

solar-pv

The venerable business of commodity trading, already in the news for the supply chain impacts of COVID, has moved to center stage with the war in Ukraine. Impacts of Russia’s invasion could ripple to manufacturing of all kinds, especially the clean energy transition we need to meet climate goals. COMMENTARY Within the first week of […]

The post Minerals Crucial to Clean Energy Transition Among Ripple Effects of War in Ukraine appeared first on POWER Magazine.

Read more

Decarbonizing the World: Hydrogen Technology Is the Next Big Thing

Credit to Author: Aaron Larson| Date: Thu, 24 Feb 2022 00:37:20 +0000

Many experts believe hydrogen holds great promise as a clean energy resource that can help nations achieve carbon-free goals. Green hydrogen, which is made from water through electrolysis powered by renewable energy, could be used to decarbonize a wide range of hard-to-abate industries, including petrochemical, cement, and steel, which often require high temperatures and combustion […]

The post Decarbonizing the World: Hydrogen Technology Is the Next Big Thing appeared first on POWER Magazine.

Read more

New York Is Fertile Ground for Clean Energy

Credit to Author: Aaron Larson| Date: Thu, 09 Jan 2020 15:32:05 +0000

The post New York Is Fertile Ground for Clean Energy appeared first on POWER Magazine.

When many people are asked which state is leading the U.S. toward a renewable energy future, California is the first that comes to mind. And while California is worthy of such distinction, it’s not the only state with a progressive clean-energy agenda. New York should also be part of the conversation. On Jan. 8, New […]

The post New York Is Fertile Ground for Clean Energy appeared first on POWER Magazine.

Read more