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.
Credit to Author: Darrell Proctor| Date: Mon, 29 Apr 2024 14:40:27 +0000
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The […]
The post The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Fri, 26 Apr 2024 17:20:19 +0000
Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules […]
The post Feds Release Final Rules on Clean Energy Tax Credits appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 25 Apr 2024 11:14:09 +0000
The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The […]
The post Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Fri, 19 Apr 2024 21:51:38 +0000
There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent […]
The post Navigating the Interconnection Queue Is One of Many Challenges Clean-Energy Projects Face appeared first on POWER Magazine.
Credit to Author: Terence Healey| Date: Wed, 17 Apr 2024 12:48:38 +0000
In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams […]
The post FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 16 Apr 2024 16:43:04 +0000
A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the […]
The post Group Says Record 117 GW of New Wind Power Generation Installed in 2023 appeared first on POWER Magazine.
