Credit to Author: Darrell Proctor| Date: Mon, 22 May 2023 15:11:12 +0000
The American Clean Power Association (ACP) in a new report said installations of energy storage, along with wind and solar power capacity, were at the third-highest level on record in […]
The post Growth Slows, but U.S. Renewable Energy Installs at Third-Highest Level in 2022 appeared first on POWER Magazine.
Read moreCredit to Author: Mona Dajani| Date: Tue, 11 Apr 2023 16:08:32 +0000
Considering the unfathomable costs of unabated climate change, it stands to reason that even the most elementary investment thesis for the energy transition merits sincere consideration. And with the enormous sums of public and […]
The post Financing the Energy Transition: Forging Ahead in the Wake of Silicon Valley Bank appeared first on POWER Magazine.
Read moreCredit to Author: Contributed Content| Date: Tue, 14 Mar 2023 15:29:05 +0000
The solar power industry seems to be caught in the crosshairs of competing legislative agendas. The U.S. Inflation Reduction Act (IRA) created incentives to increase solar capacity via tax credits, but the Uyghur Forced Labor Prevention Act (UFLPA) limits the effectiveness of those credits by restricting the importation of any goods that were mined, produced, […]
The post Solar Energy Caught in Crosshairs of New Legislation appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 09 Mar 2023 14:52:34 +0000
Several executives in the energy industry have spoken with POWER in recent months about how utility-scale solar power projects benefit from the addition of energy storage. Many have noted how installing storage systems alongside solar arrays supports the integration of renewable energy to the power grid, and also enhances the economic potential of any such […]
The post The POWER Interview: IRA, Economics Support Solar-Plus-Storage Market appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 01 Mar 2023 05:13:00 +0000
The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The
The post The Challenges and Opportunities Facing Power Companies Today appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Tue, 03 Jan 2023 05:18:18 +0000
The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the
The post Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023 appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 03 Nov 2022 15:57:22 +0000
Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]
The post How Rural Communities Can Benefit from the Energy Transition appeared first on POWER Magazine.
Read moreCredit to Author: Contributed Content| Date: Thu, 20 Oct 2022 12:50:20 +0000
While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]
The post Inflation Reduction Act: Increased Electrification and Resulting Utility Implications appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 13 Oct 2022 13:56:16 +0000
A new report from a business group that supports development of U.S. offshore wind projects details several factors that it says will contribute to a “historic expansion” of the technology over the next several years. The Business Network for Offshore Wind’s inaugural “Offshore Wind Quarterly Market Report,” released Oct. 13, highlights how recent government actions […]
The post New Report Says ‘Historic Expansion’ Coming for U.S. Offshore Wind appeared first on POWER Magazine.
Read moreCredit to Author: Jo Borrás| Date: Fri, 16 Sep 2022 21:05:49 +0000
The price of Chinese lithium is through the roof!