How the Presidential Election Could Impact Renewable Energy Tax Credits

Credit to Author: Contributed Content| Date: Fri, 11 Oct 2024 20:14:09 +0000

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 […]

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Minimize Risks with Robotic Generator Inspections and Comprehensive Testing

Credit to Author: Aaron Larson| Date: Tue, 01 Oct 2024 10:44:57 +0000

Historically, generator inspections require rotor removal (Figure 3). There’s a significant level of risk during this process due to possible generator damage during the disassembly, and it also requires

The post Minimize Risks with Robotic Generator Inspections and Comprehensive Testing appeared first on POWER Magazine.

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Demonstration to Convert Kentucky Coal Mine to Pumped Hydro Secures Federal Funding

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2024 19:59:33 +0000

A project that will demonstrate the conversion of a former coal mine in Bell County, Kentucky, into a utility-scale 287-MW pumped storage hydroelectric facility has garnered federal backing from the […]

The post Demonstration to Convert Kentucky Coal Mine to Pumped Hydro Secures Federal Funding appeared first on POWER Magazine.

The Lewis Ridge Pumped Storage Project will use a closed-loop system, moving water between two reservoirs at different elevations. During low demand, water is pumped to the upper reservoir, and when electricity is needed, it is released to generate power by turning turbines. This renewable energy system can store up to eight hours of electricity, providing on-demand power and supporting grid reliability. Courtesy: Rye Development

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DOE Group Awards $34.5 Million For PG&E Hydropower Projects in California

Credit to Author: Darrell Proctor| Date: Tue, 24 Sep 2024 23:33:10 +0000

The Dept. of Energy’s (DOE’s) Grid Deployment Office has awarded $34.5 million to California utility Pacific Gas & Electric (PG&E). The funding will support 19 hydropower projects across PG&E’s territory. […]

The post DOE Group Awards $34.5 Million For PG&E Hydropower Projects in California appeared first on POWER Magazine.

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Hydropower Remains Renewable Leader Despite Climate Challenges

Credit to Author: Darrell Proctor| Date: Mon, 01 Jul 2024 12:26:00 +0000

As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s

The post Hydropower Remains Renewable Leader Despite Climate Challenges appeared first on POWER Magazine.

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POWER Digest [July 2024]

Credit to Author: Darrell Proctor| Date: Mon, 01 Jul 2024 12:25:27 +0000

Economics Could Bring Early Closure for Slovenia Coal-Fired Plant. Slovenian Prime Minister Robert Golob in May said the Termoelektrana Šoštanj (TEŠ) facility, the country’s only remaining coal-fired

The post POWER Digest [July 2024] appeared first on POWER Magazine.

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The POWER Interview: Pumped Storage Project Brings Renewable Energy to Former Coal Mining Site

Credit to Author: Darrell Proctor| Date: Tue, 14 May 2024 13:03:54 +0000

A pumped storage project in Kentucky is being touted as a model example of how land that once was the site of a coal mine can be repurposed for a […]

The post The POWER Interview: Pumped Storage Project Brings Renewable Energy to Former Coal Mining Site appeared first on POWER Magazine.

Lewis Ridge Pumped Storage Project Rendering

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Report: Renewables Generating Nearly One-Third of Global Electricity

Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 19:14:17 +0000

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. […]

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China Brings High-Elevation Hydropower Project Online

Credit to Author: Darrell Proctor| Date: Wed, 01 May 2024 10:09:45 +0000

The first unit of one of the world’s highest-elevation hydropower plants began operating in China in April. China Energy said the Maerdang hydropower station (Figure 5), sited at more than 16,000 feet above

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The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy

Credit to Author: Darrell Proctor| Date: Mon, 29 Apr 2024 14:40:27 +0000

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The […]

The post The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy appeared first on POWER Magazine.

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