GE Will Cut 20% of U.S. Onshore Wind Workforce

Credit to Author: Darrell Proctor| Date: Fri, 07 Oct 2022 16:54:35 +0000

General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]

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Netherlands Commissions Country’s Largest Energy Storage System

Credit to Author: Darrell Proctor| Date: Fri, 07 Oct 2022 14:35:38 +0000

An energy storage system (ESS) co-located with solar and wind power assets is now online at a research center in the Netherlands. The project, commissioned in a ceremony on Oct. 6, is a 24-MW/48-MWh that includes equipment from the Wärtsilä technology group. The GIGA Buffalo battery installation is at the Wageningen University & Research test […]

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Balancing the Scales: Disparities in Decommissioning Practices for Renewable and Non-Renewable Energy

Credit to Author: Janique Williams| Date: Thu, 06 Oct 2022 19:02:05 +0000

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

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Balancing the Scales: Disparities in Decommissioning Practices for Renewable and Non-Renewable Energy

Credit to Author: Janique Williams| Date: Thu, 06 Oct 2022 19:02:05 +0000

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

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The Big Picture: Power Plant Additions Over the Decades [Infographic]

Credit to Author: Sonal Patel| Date: Mon, 03 Oct 2022 04:09:27 +0000

The deployment of new power plants in the U.S. over the past 14 decades has hinged on policies, markets, technologies, and new industry players. Every decade has presented its own state of multidimensional, multivariate complexity. The ongoing “energy transition,” which has been characterized by the addition of smaller, carbon-free resources, marks another pivotal period in […]

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Siemens Gamesa Will Cut Nearly 3,000 Jobs

Credit to Author: Darrell Proctor| Date: Thu, 29 Sep 2022 18:52:58 +0000

Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes. The group in a statement on Sept. 29 said, “In order to realize the company’s projections for growth, Siemens Gamesa is working to strengthen specific areas within key leading markets to capitalize on […]

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India Power Minister Says Country Will Add More Coal-Fired Plants

Credit to Author: Darrell Proctor| Date: Mon, 26 Sep 2022 16:59:08 +0000

The leader of India’s power sector has said the country is preparing to add as much as 56 GW of coal-fired generation capacity by 2030 in order for the country to meet growing demand for electricity. He also said India must invest in energy storage, in concert with supporting more wind and solar power development, […]

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The Energy Conundrum: Decarbonizing the Power Supply While Maintaining Reliable and Affordable Electricity

Credit to Author: Aaron Larson| Date: Wed, 21 Sep 2022 07:48:43 +0000

Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially […]

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Oxford Group: Decarbonizing Energy Would Save $12 Trillion

Credit to Author: Darrell Proctor| Date: Tue, 13 Sep 2022 15:53:38 +0000

florida-solar-power-photovoltaic-pv

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]

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The POWER Interview: Developing Platforms for Renewable Energy

Credit to Author: Darrell Proctor| Date: Tue, 06 Sep 2022 00:46:07 +0000

Vlocity-renewable-energy-solar-wind

Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]

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