Credit to Author: Kennedy Maize| Date: Tue, 01 Mar 2022 05:11:00 +0000
The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.
The post Market Transitions: The MOPR Merry-Go-Round appeared first on POWER Magazine.
Read moreCredit to Author: Michael Barnard| Date: Wed, 19 Feb 2020 04:00:36 +0000
It’s unclear why the EIA 2050 projections are so skewed from observable realities of costs, age of fleets, and global industry transformation. Like most major energy analysis organizations, they are very poor at predicting the rapidly declining costs of wind and solar, very poor at predicting the rapidity of growth of those technologies, and very poor at understanding that the existing technologies are fairly radically outcompeted
Credit to Author: POWER| Date: Mon, 03 Feb 2020 05:29:48 +0000
The post Is Biomass Dead? appeared first on POWER Magazine.
With subsidies running short and emissions regulations still a challenge, the promise of biomass as a sustainable source for utility-scale power generation remains elusive. Yet, there are novel applications
The post Is Biomass Dead? appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 14:27:33 +0000
The post EIA: Renewables Will Surge Past Coal, Nuclear to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.
The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]
The post EIA: Renewables Will Surge Past Coal, Nuclear to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.
Read moreCredit to Author: Kurt Lowder| Date: Thu, 16 Jan 2020 17:24:59 +0000
Trump does not like wind and solar power, but the market absolutely loves wind and solar power. The EIA predicts wind, solar, hydro, and energy storage will be 78% of new electrical generation capacity in 2020. We will see 5.57 GW of coal retired and no new coal plants!
Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 14:27:33 +0000
The post EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.
The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]
The post EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 02 Jan 2020 05:05:45 +0000
The post A Decade of Turmoil: How Nuclear and Coal Have Struggled to Survive appeared first on POWER Magazine.
The past 10 years have been filled with trials and tribulations for both the nuclear and coal power industries. From accidents to plant closures there has been little to cheer about. Still, nuclear and coal power continue to provide reliable baseload generation to billions of customers around the globe. Here’s a look back at the […]
The post A Decade of Turmoil: How Nuclear and Coal Have Struggled to Survive appeared first on POWER Magazine.
Read moreCredit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000
The post Well-Planned Retirement: Keys to Successful Coal Plant Decommissioning appeared first on POWER Magazine.
Hundreds of coal-fired power plants are now retired or facing retirement in the near future, and utilities face a number of decisions. Are there commercial reuse options for the plant or the site itself? Are
The post Well-Planned Retirement: Keys to Successful Coal Plant Decommissioning appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 02 Jan 2020 04:03:12 +0000
The post Why the 2010s Were a Definitive Decade for Power appeared first on POWER Magazine.
Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]
The post Why the 2010s Were a Definitive Decade for Power appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 02 Oct 2019 15:27:12 +0000
The post EIA: Renewables Will Account for Half of Global Power Generation by 2050 appeared first on POWER Magazine.
Solar power is expected to take a larger share of global power generation across the next 30 years, according to the U.S. Energy Information Administration (EIA), as renewable energy continues to be adopted worldwide. The EIA’s International Energy Outlook 2019 (IEO2019), released Oct. 2, shows 28% of the world’s power came from renewables in 2018, […]
The post EIA: Renewables Will Account for Half of Global Power Generation by 2050 appeared first on POWER Magazine.
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