Credit to Author: Emily Newton| Date: Tue, 11 Jun 2024 12:28:57 +0000
Global communities increasingly turn to distributed energy resources (DERs) to boost their local economies and enhance energy resilience. Generating and managing power locally cuts energy costs and fosters sustainable development. […]
The post Communities Embrace Distributed Energy for Economic Uplift appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Fri, 07 Jun 2024 19:39:34 +0000
An Oregon-based sustainable energy innovation group said it has successfully produced green hydrogen through the use of vertical wind turbines on an oceangoing vessel. ONESTONE HOLDINGS on June 3 said […]
The post Group Produces Green Hydrogen Using Wind Turbines on Ships appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 29 May 2024 13:43:35 +0000
Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about […]
The post Siemens Gamesa Cutting 4,100 Jobs in Wind Turbine Unit appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Wed, 22 May 2024 12:34:23 +0000
A major global energy and chemicals company has entered into a memorandum of understanding (MoU) with a provider of lower-carbon industrial heat and power, with the groups beginning engineering studies […]
The post Aramco, Rondo Energy Studying GW-Scale Thermal Storage, Hydrogen, Carbon Capture Deployment appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 20 May 2024 01:24:40 +0000
The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money earmarked […]
The post DOE Announces Support for Plug Power Hydrogen Production Sites appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 16 May 2024 20:01:56 +0000
All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, […]
The post NERC: Summer Grid Outlook Improved But Still Vulnerable to Extreme Weather, Demand Growth Spikes appeared first on POWER Magazine.
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 […]
The post How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability appeared first on POWER Magazine.
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. […]
The post Report: Renewables Generating Nearly One-Third of Global Electricity appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 14:19:38 +0000
Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […]
The post Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus appeared first on POWER Magazine.
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 […]
The post Planning for ‘Flip Dates’ in Tax Equity Partnerships appeared first on POWER Magazine.
