U.S. Power Sector Trade Groups Flag Critical Electrical Steel Crunch

Credit to Author: Sonal Patel| Date: Thu, 25 May 2023 14:52:46 +0000

Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that shortages are contributing to “significant […]

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U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand

Credit to Author: Kenny Young| Date: Wed, 26 Apr 2023 18:45:33 +0000

COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with […]

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Why Constellation Energy, a Nuclear-Heavy Giant, Is Primed for Power Futurity

Credit to Author: Sonal Patel| Date: Wed, 01 Feb 2023 00:00:00 +0000

Spun out of Exelon Corp. a year ago, Constellation Energy’s competitive generation and customer-facing energy businesses represent a new power company paradigm that conforms to decarbonization. But the company that today holds the largest nuclear fleet in the U.S. will still face a unique array of challenges.

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Common Mobility Tax Mistakes in the Energy Sector and How to Avoid Them

Credit to Author: Jennifer Stein| Date: Thu, 18 Aug 2022 15:18:29 +0000

As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]

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National EV Infrastructure Program Demystified (Video Included!)

Credit to Author: Danielle Garland| Date: Fri, 08 Jul 2022 16:44:43 +0000

You’ve heard of BIL and NEVI by now, right? They mean great things for the clean tech revolution, the adoption of EVs in the US, and improving the EV driver and charging experience. First, let’s break down the acronyms: we all know EVs (electric vehicles); BIL = the Bipartisan Infrastructure Law, which was passed in […]

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Nuclear, Hydrogen, CCUS Part of at Least 42 Country Ambitions

Credit to Author: Sonal Patel| Date: Wed, 01 Jun 2022 04:13:00 +0000

At least 42 nationally determined contributions (NDCs) submitted under the Paris Agreement as of December 2021 indicate governments plan to utilize carbon capture and storage (CCS), hydrogen and ammonia, and

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Dramatic Innovation-Driven Ramp Up of Floating Offshore Wind Anticipated by 2030

Credit to Author: Sonal Patel| Date: Mon, 02 May 2022 04:17:00 +0000

A drumbeat of floating offshore wind–related developments this year suggests the pipeline for the long-nascent wind technology sub-sector may be finally beginning to grow. While floating wind’s current

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UK Leans Heavily on Nuclear in Bold New Energy Strategy

Credit to Author: Sonal Patel| Date: Mon, 02 May 2022 04:16:00 +0000

A long-awaited energy strategy published by the UK government on April 6 lays out bold commitments that tackle Great Britain’s multi-pronged challenges, including achieving net-zero carbon emissions while

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ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee

Credit to Author: Sonal Patel| Date: Thu, 28 Apr 2022 20:00:20 +0000

The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]

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Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis

Credit to Author: Aaron Larson| Date: Thu, 03 Feb 2022 16:13:18 +0000

In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]

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