Markets – Page 26 – Thinking Port

CEOs Say Preserving the Nuclear Power Fleet Is Imperative

March 27, 2019 admin aemo, audrey zibelman, Business, climate change, duke energy, Environmental, geisha williams, Legislative, lynn good, Markets, New Jersey, news, Nuclear, nuclear power plant, PG&E, pseg, ralph izzo

Credit to Author: Aaron Larson| Date: Thu, 28 Mar 2019 01:31:09 +0000

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

The post CEOs Say Preserving the Nuclear Power Fleet Is Imperative appeared first on POWER Magazine.

Magazines

Solar Power Is Economical Today, but Comes With Challenges

March 27, 2019 admin aemo, audrey zibelman, Australia, Business, climate change, duke energy, Energy Storage, Environmental, International, lynn good, Markets, news, North Carolina, power grid, renewable energy, Renewables, Research and Development, Solar, Solar power, Technology, Wind

Credit to Author: Aaron Larson| Date: Wed, 27 Mar 2019 20:50:17 +0000

Depending on the deployment location and competing energy prices, photovoltaic solar panels are among the most cost-effective power solutions being added to the grid today, often without subsidies and other incentives. The revelation came during a panel discussion—which included several CEOs from the power sector—that took place at the Bloomberg New Energy Finance (BNEF) Summit […]

The post Solar Power Is Economical Today, but Comes With Challenges appeared first on POWER Magazine.

Magazines

How a Major Resort Owner Manages Its Power [PODCAST]

March 20, 2019 admin Business, distributed energy, distributed power, electric power conference and exhibition, Markets, mgm resorts international, news, nv energy, power podcasts, renewable energy, Renewables, Solar, Solar power, the power podcast

Credit to Author: Aaron Larson| Date: Wed, 20 Mar 2019 14:46:21 +0000

MGM Resorts International took a bold step in 2016 when it ended its energy-buying relationship with NV Energy and instead chose to purchase electricity from private providers. The company’s decision was driven by a desire to slash bills and boost renewables. Henry Shields, executive director of finance and analysis in the Corporate Sustainability division of […]

The post How a Major Resort Owner Manages Its Power [PODCAST] appeared first on POWER Magazine.

Magazines

Renewables Provided 18% of U.S. Power Generation in 2018

March 20, 2019 admin biomass, Business, EIA, geothermal, Hydro, Markets, news, Renewables, Solar, Wind

Credit to Author: Sonal Patel| Date: Wed, 20 Mar 2019 12:09:44 +0000

Renewable generation in the U.S. has doubled over the past 10 years. In 2018, generation from solar, wind, hydro, and other renewables soared to a record 742 TWh—or 17.6% of total U.S. generation. According to the Energy Information Administration (EIA), since 2008—when renewables provided 382 TWh—wind generation rose from 55 TWh and generated 275 TWh […]

The post Renewables Provided 18% of U.S. Power Generation in 2018 appeared first on POWER Magazine.

Magazines

ERCOT Warns of Intensified Summer Supply Crunch (UPDATED)

March 6, 2019 admin Business, calpine, Coal, coal plant retirements, ercot, Gas, Markets, news, NRG, puc, Renewables, reserve margins, sara, Solar, supply shortfall, tcpa, texas, vistra, Wind

Credit to Author: Sonal Patel| Date: Tue, 05 Mar 2019 17:50:23 +0000

Grappling with a historically low planning reserve margin of 7.4%, owing to a mass of coal plant closures, the Electric Reliability Council of Texas (ERCOT) is forecasting record electric use this summer, and warns it could issue energy alerts at “various times.” ERCOT said its March 5–released final Seasonal Assessment of Resource Adequacy (SARA) for […]

The post ERCOT Warns of Intensified Summer Supply Crunch (UPDATED) appeared first on POWER Magazine.

Magazines

ERCOT Warns of Intensified Summer Supply Crunch

March 5, 2019 admin Business, calpine, Coal, coal plant retirements, ercot, Gas, Markets, news, NRG, puc, Renewables, reserve margins, sara, Solar, supply shortfall, tcpa, texas, vistra, Wind

Credit to Author: Sonal Patel| Date: Tue, 05 Mar 2019 17:50:23 +0000

The post ERCOT Warns of Intensified Summer Supply Crunch appeared first on POWER Magazine.

Magazines

Power Supplies in Pacific Northwest Tighten as Deep Freeze Grips Region

March 1, 2019 admin bpa, Business, Gas, Hydro, Markets, news, Nuclear, pacific northwest, Power supply, regional reliability, Renewables, Solar, Water, Wind

Credit to Author: Sonal Patel| Date: Fri, 01 Mar 2019 23:51:20 +0000

Energy supplies are tight in the Pacific Northwest, a region that has been stricken with unseasonably frigid weather and is bracing for deep freezes as a mass of Arctic air descends on the region. The Bonneville Power Administration (BPA), a federal power marketer that sells wholesale power from 31 federal dams and one […]

The post Power Supplies in Pacific Northwest Tighten as Deep Freeze Grips Region appeared first on POWER Magazine.

Magazines

THE BIG PICTURE: Japan’s Nuclear Comeback

March 1, 2019 admin big picture, Business, fukushima, fukushima catastrophe, infographic, Infographics, International, Japan, Legal & Regulatory, Legislative, Markets, news, Nuclear, nuclear restarts, Technology, Uncategorized

Credit to Author: Sonal Patel| Date: Fri, 01 Mar 2019 05:00:38 +0000

After the Great Tohoku Earthquake and tsunami, and ensuing crisis at the Fukushima Daiichi nuclear plant in March 2011, Japan issued stringent safety regulations and reviews that affected its entire 50-reactor fleet. It meant that as each Japanese nuclear reactor entered its scheduled maintenance and refueling outage, it could not returned to operation until restart […]

The post THE BIG PICTURE: Japan’s Nuclear Comeback appeared first on POWER Magazine.

Magazines

Germany’s Coal Exit Bound to Be Complicated

February 28, 2019 admin biomass, Business, climate change, Coal, coal phase-out, Energy Storage, Environmental, finance, Gas, GERMANY, Hydro, International, Legal & Regulatory, Legislative, market economics, Markets, news, Nuclear, Offshore, Power Demand, Renewables, rwe, scope, Solar, Technology, uniper, Wind

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier

The post Germany’s Coal Exit Bound to Be Complicated appeared first on POWER Magazine.

Magazines

POWER Interview: The Future of Power Sector Engineering Amid Market Disruptions

February 21, 2019 admin Business, changing resources, consultants, disruptions, engineering, Europe, general, iiot, iiot power, industry trends, International, IoT, Markets, monitoring, news, obg, power interview, ramboll, Technology, workforce

Credit to Author: Sonal Patel| Date: Thu, 21 Feb 2019 13:00:39 +0000

Last December, Danish engineering, design, and consultancy firm Ramboll Group, entered into an agreement to acquire U.S-based engineering and design consultancy OBG. Founded in 1945, OBG has delivered integrated engineering solutions within water, energy, environment and advanced manufacturing, and today, the company says it has extensive client relationships in both the private and public sectors, […]

The post POWER Interview: The Future of Power Sector Engineering Amid Market Disruptions appeared first on POWER Magazine.