China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will
The post China Sets a New Renewable Portfolio Standard appeared first on POWER Magazine.
Read moreAs the hubbub of interest and activity surrounds development of small modular reactors (SMRs) hovering between 60 MW and 300 MW, and medium-sized nuclear reactors of under 700 MW, several nuclear technology
The post Big Gains for Tiny Nuclear Reactors appeared first on POWER Magazine.
Read moreAfter Hurricane Michael made landfall near Mexico Beach, Florida, as a category 4 storm on October 10, it moved across Georgia, South Carolina, North Carolina, and southeastern Virginia on October 11, and finally out into the Atlantic on October 12. According to the U.S. Department of Energy’s Infrastructure Security and Energy Restoration office, the storm […]
The post A Satellite View of Hurricane Michael’s Power Outages appeared first on POWER Magazine.
Read moreNRG Energy, which recently shed a substantial portion of its competitive generation portfolio and has shifted efforts to stimulate growth of its retail business, unveiled a simplified renewables procurement process that does not require a power purchase agreement (PPA). The company on October 18 launched “Renewable Select,” a plan that it says transforms the “lengthy […]
The post NRG Renews Emphasis on Retail with PPA-Free Renewables Service appeared first on POWER Magazine.
Read moreUtilities are faced with many disruptive changes in the power market. Customers are demanding cleaner energy and turning to distributed generation as a solution. One expert suggested power companies must react and evolve their business models to change with the times. During a keynote presentation at the Distributed Energy Conference in Golden, Colorado, on October […]
The post Distributed Energy Is Disrupting the Power Industry: Is the Sky Falling? appeared first on POWER Magazine.
Read moreThe White House may have shelved an effort to force grid operators to buy power from uneconomic coal and nuclear plants amid opposition inside the administration, Politico reported on October 15. The publication reported “four people with knowledge of the discussions” have confirmed that opposition from the president’s own advisers on the National Security Council […]
The post As DOE’s Coal Rescue Reportedly Dead-Ends, Stakeholders Recommend New Pathways appeared first on POWER Magazine.
Read moreThe U.S. Senate has cleared a major water infrastructure bill that contains several provisions promoting hydropower development, sending it to the president’s desk. The Senate passed S. 3021, “America’s Water Infrastructure Act of 2018,” on October 10 through a bipartisan vote of 99–1. Because the House of Representatives unanimously passed the bill in a voice […]
The post Hydropower Bill Overwhelmingly Clears Senate, Heads to President’s Desk appeared first on POWER Magazine.
Read moreNearly half of the $2.66 billion spent by the U.S. Department of Energy (DOE) since 2010 to develop advanced fossil energy technologies was dedicated to nine carbon capture and storage (CCS) demonstration projects—but only three were active at the end of 2017, and only one was at a power plant. In a report prepared for […]
The post DOE Sank Billions of Fossil Energy R&D Dollars in CCS Projects. Most Failed. appeared first on POWER Magazine.
Read moreIndustry aggressively fought the Mercury and Air Toxics Standards (MATS) when the Obama administration proposed it in 2011 and finalized it in February 2012, warning it would precipitate the closure of a swathe of coal capacity nationwide. Six years later, the rule appears to have had a sizable impact on the power sector, but not […]
The post How Did MATS Affect U.S. Coal Generation? appeared first on POWER Magazine.
Read moreGE announced that H. Lawrence Culp Jr. has been named chairman and CEO of the company replacing John Flannery effective immediately. GE’s board of directors voted unanimously on the decision, and it also appointed Thomas W. Horton as lead director. In a press release, GE specifically cited weak performance in the GE Power business for […]
The post Flannery Takes Fall for GE Power Struggles appeared first on POWER Magazine.
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