How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability

Credit to Author: Aaron Larson| Date: Tue, 14 May 2024 12:55:43 +0000

It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th […]

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First Utility-Scale Solar Project Announced Under TVA Generation Flexibility Program

Credit to Author: Darrell Proctor| Date: Mon, 13 May 2024 20:42:26 +0000

An independent power producer and a major electric cooperative—both based in Tennessee—have announced an agreement to partner on a utility-scale solar power installation to serve customers in that region. Nashville-based […]

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Report: Renewables Generating Nearly One-Third of Global Electricity

Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 19:14:17 +0000

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. […]

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Federal Policies and Incentives Drive Demand for American-Made Solar Power Modules

Credit to Author: Aaron Larson| Date: Wed, 01 May 2024 10:11:49 +0000

The U.S. was one of the world leaders in solar equipment manufacturing a few decades ago, but then the Chinese stole the show. Now, however, American companies are finding a lot of new opportunities as a

The post Federal Policies and Incentives Drive Demand for American-Made Solar Power Modules appeared first on POWER Magazine.

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How the Massive Growth in Solar Power Is Affecting Power Grids

Credit to Author: Aaron Larson| Date: Wed, 01 May 2024 10:07:47 +0000

The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. It was the industry’s

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Eaton Among Groups Supporting Microgrid Buildout in Puerto Rico

Credit to Author: Darrell Proctor| Date: Wed, 01 May 2024 10:05:43 +0000

Companies operating in Puerto Rico have paid particular attention to the reliability and resiliency of their power supply after a series of major hurricanes battered the island in recent years. Those storms

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Planning for ‘Flip Dates’ in Tax Equity Partnerships

Credit to Author: Contributed Content| Date: Tue, 30 Apr 2024 13:44:23 +0000

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships […]

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The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy

Credit to Author: Darrell Proctor| Date: Mon, 29 Apr 2024 14:40:27 +0000

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The […]

The post The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy appeared first on POWER Magazine.

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Feds Release Final Rules on Clean Energy Tax Credits

Credit to Author: Darrell Proctor| Date: Fri, 26 Apr 2024 17:20:19 +0000

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules […]

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Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List

Credit to Author: Sonal Patel| Date: Thu, 25 Apr 2024 11:14:09 +0000

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The […]

The post Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List appeared first on POWER Magazine.

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