The Solar Energy Industries Association, the national trade association for the U.S. solar industry, reports that solar power has grown in the U.S. at a compounded annual rate of 59% since the solar investment
The post Let the Sun Shine In: Where Is Solar Power Headed? appeared first on POWER Magazine.
Read moreLawmakers in California’s Assembly on August 28 cleared a key vote on a bill that would require the state to obtain 100% of all retail electricity sales from renewable and zero-emissions resources by 2045. The state’s Assembly voted 43–32 in favor of SB 100. The bill, which now heads to the state Senate for a […]
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Read moreFirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans to deactivate four fossil-fuel generating plants in 2021 and 2022. In a press release issued on August 29, the company said it “is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency […]
The post FirstEnergy Throws in the Towel on Coal Plants appeared first on POWER Magazine.
Read moreThe power market is changing. It’s being driven more and more by the retail side of the business, according to Roy Palk, Esq., president of New Horizons Consulting. Palk will give a presentation titled “The Rise of Distributed Energy — New Challenges Bring New Opportunities” during the Distributed Energy Conference, which will be held at […]
The post Power Market Is Changing — Distributed Energy Gaining Ground [PODCAST] appeared first on POWER Magazine.
Read moreEnergy industry experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 21 agreed that storage is becoming more important to the overall mix of U.S. power sources. They also said utility-scale storage solutions remain “years away,” even as technology advancements in battery systems occur more rapidly. Panelists at the session entitled “The Transformation […]
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Read moreAccording to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic […]
The post THE BIG PICTURE: A Gas Trade Transformation (Infographic) appeared first on POWER Magazine.
Read moreHorizontal drilling technology and fracking techniques have created a natural gas revolution in the U.S. The future looks bright for gas-fired power generation but there are three potential storm clouds that
The post Natural Gas: Clear Skies, Some Clouds on the Horizon appeared first on POWER Magazine.
Read moreThe Federal Energy Regulatory Commission (FERC) on July 2 denied ISO-New England’s (ISO-NE’s) request for a tariff waiver to keep two gas-fired units—a total capacity of 1,700 MW—at Exelon’s Mystic Generating Plant in Boston, Massachusetts, running to address “fuel security risks.” The commission instead gave the grid operator a year to submit permanent tariff revisions […]
The post FERC Thwarts ISO-NE’s Attempt to Keep Mystic Gas Units Online appeared first on POWER Magazine.
Read moreIn a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]
The post FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources appeared first on POWER Magazine.
Read moreFloating solar panel technology has been gaining traction as a favorable and cost-effective alternative to land-based photovoltaic systems. Thriving on the cusp of a massive inclination toward renewable energy
The post Floating Solar Panel Industry Makes a Splash appeared first on POWER Magazine.
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