Natural Gas and Renewable Energy to Continue Leading the Market

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

Cheap natural gas and social pressure to reduce carbon emissions give gas-fired power plants and renewable energy resources a competitive advantage over traditional coal and nuclear generation. Energy storage

The post Natural Gas and Renewable Energy to Continue Leading the Market appeared first on POWER Magazine.

Read more

NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 12:57:34 +0000

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

The post NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units appeared first on POWER Magazine.

Read more

Blockchain-Enabled VPP Planned for South Korea

Credit to Author: Darrell Proctor| Date: Tue, 11 Dec 2018 19:03:45 +0000

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

The post Blockchain-Enabled VPP Planned for South Korea appeared first on POWER Magazine.

Read more

The Power Industry Is Transforming, One Municipal Utility Offers a Case in Point

Credit to Author: Aaron Larson| Date: Wed, 05 Dec 2018 04:19:25 +0000

POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]

The post The Power Industry Is Transforming, One Municipal Utility Offers a Case in Point appeared first on POWER Magazine.

Read more

Xcel’s Latest Plan: Carbon-Free by 2050

Credit to Author: Darrell Proctor| Date: Tue, 04 Dec 2018 23:51:03 +0000

Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]

The post Xcel’s Latest Plan: Carbon-Free by 2050 appeared first on POWER Magazine.

Read more

Distributed Energy: A Burgeoning Market

It’s not particularly easy to find reliable and detailed statistics on the deployment of distributed energy systems. One reason is that a lot of distributed energy is installed behind-the-meter. As a result

The post Distributed Energy: A Burgeoning Market appeared first on POWER Magazine.

Read more

Australia’s Victoria State Ramps Up Renewables

Victoria state in Australia continues to see dramatic growth in solar and wind power, as well as battery storage systems, as the region rapidly expands its power generation capacity, in large part to serve the

The post Australia’s Victoria State Ramps Up Renewables appeared first on POWER Magazine.

Read more

Moroccan Molten Salt Tower Project Clears Reliability Test

A 10-day reliability test for the 150-MW Noor Ouarzazate III thermoelectric solar plant in Morocco has wrapped up, demonstrating that the project can provide continuous rated power even in the absence of

The post Moroccan Molten Salt Tower Project Clears Reliability Test appeared first on POWER Magazine.

Read more

In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors

France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]

The post In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors appeared first on POWER Magazine.

Read more

Eight Power Sector Takeaways from the Climate Report

Despite increased resilience actions, extreme weather events due to climate change are projected to increasingly threaten the nation’s energy infrastructure, and create fuel availability and demand imbalances, the Trump administration’s sprawling climate report released on November 23 suggests.  The Fourth National Climate Assessment (NCA4) released by the Global Change Research Program (USGCRP) is clear in […]

The post Eight Power Sector Takeaways from the Climate Report appeared first on POWER Magazine.

Read more