Wisconsin PSC Backs Construction of Gas-Fired Plant

Credit to Author: Darrell Proctor| Date: Fri, 17 Jan 2020 17:21:31 +0000

The post Wisconsin PSC Backs Construction of Gas-Fired Plant appeared first on POWER Magazine.

Construction of a $700 million natural gas-fired power plant near the Wisconsin-Minnesota border was authorized by Wisconsin regulators on Jan. 16, over the objections of environmental groups who have said the plant is not needed. Dairyland Power Cooperative and Minnesota Power would jointly own the 625-MW Nemadji Trail Energy Center, which on its current timeline […]

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Sunflower Finally Scraps Plans for 895-MW Kansas Coal Plant

Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2020 19:44:35 +0000

The post Sunflower Finally Scraps Plans for 895-MW Kansas Coal Plant appeared first on POWER Magazine.

Sunflower Electric Power Corp. has abandoned plans to build the $2.8 billion Holcomb Expansion after its partner on the 895-MW coal-fired power plant project in Kansas, Tri-State Generation and Transmission Association, announced it would no longer pursue the project. Sunflower said on Jan. 15 it will allow the project’s air permit, for which it once […]

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Report: Investment in Renewables Hit Record High in 2019

Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2020 19:33:18 +0000

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Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

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

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

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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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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

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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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Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project

Credit to Author: Sonal Patel| Date: Thu, 09 Jan 2020 00:17:38 +0000

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Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a stronghold in the burgeoning offshore wind U.S. market. While the […]

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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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