Markets – Page 13 – Thinking Port

How to Overcome Challenges to the U.S.’s Offshore Wind Energy Goals

August 11, 2022 admin floating offshore wind, full coverage, International, Markets, net zero goals, offshore wind, power podcasts, supply chain, supply chains, Wind, wind energy, worley

Credit to Author: Aaron Larson| Date: Thu, 11 Aug 2022 14:42:42 +0000

Lofty goals have been established in the U.S. for the offshore wind industry. The U.S. Department of Energy, Department of the Interior, and Department of Commerce announced a national goal in March 2021 to deploy 30 GW of offshore wind capacity by 2030. That would mark a significant increase from the 42 MW of offshore […]

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IEA Calls for More Diverse Solar PV Supply Chains

July 7, 2022 admin Business, China, full coverage, iea, International, Markets, news, polysilicon, Solar, solar pv, supply chains, Technology, wafers

Credit to Author: Sonal Patel| Date: Thu, 07 Jul 2022 18:25:17 +0000

The International Energy Agency (IEA) is urging the development of more diverse solar PV supply chains, suggesting the sector’s heavy reliance on China has led to imbalances that pose risks to its future growth. A dedicated study of the world’s solar PV supply chain issued by the Paris-based autonomous intergovernmental organization on July 7 acknowledges that government […]

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Risks and Opportunities: It’s an Interesting Time to Be in the Power Industry

July 1, 2022 admin Coal, finance, full coverage, Gas, Hydro, hydrogen, hydropower, lng, Markets, natural gas, news, Nuclear, opportunities, power sector, renewable energy, Renewables, risks, Solar, supply chain, supply chains, trends, Weather

Credit to Author: Aaron Larson| Date: Fri, 01 Jul 2022 04:11:00 +0000

War rages in Europe. Natural gas prices are through the roof. Drought threatens hydro production. Weather extremes are becoming commonplace. Supply chains are strained. Demand for electricity is headed

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Magazines

Australian Energy Crisis Prompts Suspension of National Electricity Market

June 16, 2022 admin aemo, Australia, Business, Coal, forced outages, Fuel, full coverage, Gas, International, market incentives, Markets, national electricity market, news, Power Demand, Renewables, spot markets, wholesale markets

Credit to Author: Sonal Patel| Date: Thu, 16 Jun 2022 19:35:38 +0000

The Australian Energy Market Operator (AEMO) on June 15 indefinitely suspended spot markets in all regions of its National Electricity Market (NEM), citing critical power generation supply shortfalls that it said made it “impossible to continue” operations under national electricity rules. AEMO—the independent system operator (ISO) that operates the competitive market serving New South Wales, […]

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Magazines

Massive Utah Hydrogen Storage Project Garners Finalized $504M DOE Loan Guarantee

June 9, 2022 admin Business, climate change, DOE, electrolyzers, Energy Storage, Environmental, finance, Fuel, full coverage, Gas, hydrogen, hydrogen hubs, hydrogen shot, loan guarantee, Markets, news, Power Demand, Renewables, salt caverns, Technology, Utah

Credit to Author: Sonal Patel| Date: Thu, 09 Jun 2022 11:36:08 +0000

The Department of Energy’s (DOE’s) first official loan guarantee for a new clean energy technology project since 2014 will go to the Advanced Clean Energy Storage 1 project in Utah—one of the world’s largest renewable hydrogen energy projects. The DOE on June 8 announced it closed on the $504.4 million loan guarantee for the first […]

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Magazines

GE Debuts First 7HA.03 Gas Turbines at 1.3-GW Plant in Florida

June 8, 2022 admin affordability, Business, combined cycle plant, dania beach, efficiency, Environmental, flexibility, fpl, Fuel, full coverage, Gas, gas turbine, hydrogen, machine, Markets, news, plant, project, reliability, Renewables, Research and Development, Technology

Credit to Author: Sonal Patel| Date: Wed, 08 Jun 2022 14:47:03 +0000

The first two GE 7HA.03 machines—the largest 60-Hz heavy-duty gas turbines in the world and the most efficient in GE’s fleet—are now operational at Florida Power & Light’s (FPL’s) newly inaugurated 1,260-MW Dania Beach Clean Energy Center (DBEC) in Broward County. FPL officially declared the Dania Beach Clean Energy Center near Fort Lauderdale, Florida, commercially […]

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California Drought Could Severely Limit Hydropower This Summer

June 2, 2022 admin Business, California, climate change, drought, EIA, Environmental, full coverage, gas generation, Hydro, hydropower, Markets, news, Renewables, Water, weim, west

Credit to Author: Sonal Patel| Date: Thu, 02 Jun 2022 15:09:07 +0000

Drought in California could nearly halve the state’s hydroelectric generation this summer, pushing up wholesale power prices in the West, and forcing the state to rely on natural gas generation and out-of-state imports, the Energy Information Administration (EIA) projects in a new analysis. The EIA suggests in a supplement to its May 2022–released Short-Term Energy Outlook […]

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The Vital Link: How HVDC Is Modernizing the Grid

June 1, 2022 admin abb, ac, asynchronous links, Business, DC, efficiency, engineering, full coverage, hitachi energy, hvdc, igbt, International, line-commutated converters, Markets, mmc, news, offshore wind, Power Demand, Research and Development, siemens energy, submarine cables, T&D, Technology, thyristors, transmission, vsc, war of the currents

Credit to Author: Sonal Patel| Date: Wed, 01 Jun 2022 04:16:00 +0000

Significant advances in high-voltage direct current (HVDC) transmission are in step with rapid changes to energy systems worldwide. Shortly after POWER magazine began publication in 1882, the competitive

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Vermont and ISO-New England Provide an Interesting Renewable Energy Transition Case Study

June 1, 2022 admin distributed energy, Distributed Generation, distributed power, duck curve, Energy Storage, full coverage, iso-ne, Markets, New England, news, Power Demand, Renewables, Solar, T&D, vermont, Wind

Credit to Author: Aaron Larson| Date: Wed, 01 Jun 2022 04:14:00 +0000

Vermont doesn’t get a lot of attention outside of Bernie Sanders, but the state’s power system is worth taking a look at as it has undergone a notable shift toward renewable energy. About 80% of

The post Vermont and ISO-New England Provide an Interesting Renewable Energy Transition Case Study appeared first on POWER Magazine.

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New Life for Dead and Dying Coal Plants?

June 1, 2022 admin AEP, Business, climate change, Coal, coal plant closings, coal plants, enel, engineering, EPRI, Fuel, full coverage, Markets, news, Nuclear, pratt street power plant, Technology

Credit to Author: Kennedy Maize| Date: Wed, 01 Jun 2022 04:09:00 +0000

As coal plants are retired, power companies must decide what to do with sites. Some old plants have been added to the National Register of Historic Places and repurposed as commercial or office space, while

The post New Life for Dead and Dying Coal Plants? appeared first on POWER Magazine.