EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 14:27:33 +0000

The post EIA: Renewables Will Surge to 22% of U.S. Power Mix in 2021 appeared first on POWER Magazine.

The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]

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New York Is Fertile Ground for Clean Energy

Credit to Author: Aaron Larson| Date: Thu, 09 Jan 2020 15:32:05 +0000

The post New York Is Fertile Ground for Clean Energy appeared first on POWER Magazine.

When many people are asked which state is leading the U.S. toward a renewable energy future, California is the first that comes to mind. And while California is worthy of such distinction, it’s not the only state with a progressive clean-energy agenda. New York should also be part of the conversation. On Jan. 8, New […]

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PJM Stakeholders at Odds on Timing for Next Capacity Auction

Credit to Author: Sonal Patel| Date: Thu, 09 Jan 2020 15:19:42 +0000

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PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

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100% Solar Powered 5/3 Bank Announces $6.2 Million in 2019 Grants

Credit to Author: Johnna Crider| Date: Wed, 08 Jan 2020 16:03:28 +0000

Fifth Third Bank 2019 GrantsThe Foundation Office at Fifth Third Bank, a bank that is 100% powered by renewable solar energy and generating more clean power than the bank uses in a year (which is why we started using it in 2019), recently made an announcement of almost $6.2 million in grants from 2019. These grants come through 8 major foundations that the banks serve as a trustee or agent

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Feds Back Construction of Largest U.S. Solar Farm

Credit to Author: Darrell Proctor| Date: Thu, 02 Jan 2020 18:55:51 +0000

The post Feds Back Construction of Largest U.S. Solar Farm appeared first on POWER Magazine.

The U.S. Bureau of Land Management (BLM) on Dec. 30 released a final environmental impact statement (EIS) for the Gemini solar project, a planned 7,100-acre installation outside Las Vegas, Nevada, with a proposed generation capacity of 690 MW. The $1 billion project would be the largest U.S. solar farm in terms of generation, and includes […]

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THE BIG PICTURE [Infographic]: Solar’s Explosive Growth

Credit to Author: Tracey Lilly| Date: Thu, 02 Jan 2020 05:00:30 +0000

The post THE BIG PICTURE [Infographic]: Solar’s Explosive Growth appeared first on POWER Magazine.

According to the International Energy Agency’s (IEA’s) World Energy Outlook 2019, solar photovoltaic (PV) is set to become the largest source of installed electrical capacity in about 2035, if countries pursue policies as planned. By 2040, solar could make up 24% of global installed capacity—up from 7% in 2018—but its share of generation could hover […]

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POWER Digest [January 2020]

Credit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000

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Engie Will Close 1 GW of Coal Generation; Adding Solar, Wind. French energy group Engie in mid-December said it will close 1 GW of coal-fired power generation assets in Peru and Chile over the next five years

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10 Power Sector Insights from the IEA’s World Energy Outlook 2019

Credit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000

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The International Energy Agency’s (IEA’s) November 2019–released World Energy Outlook 2019 (WEO2019) is studded with interesting findings about emerging trends in the power sector. Here are 10 from the

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Power Industry Disrupters: Gas, Renewables, and Storage

Credit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000

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The power industry is experiencing significant changes. Natural gas, wind, solar, and battery storage seem to be the wave of the future. What’s compelling the transformation? Some people point to

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Why the 2010s Were a Definitive Decade for Power

Credit to Author: Sonal Patel| Date: Thu, 02 Jan 2020 04:03:12 +0000

The post Why the 2010s Were a Definitive Decade for Power appeared first on POWER Magazine.

Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

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