Renewable Energy, Electrification Big Winners in Inflation Reduction Act

Credit to Author: Darrell Proctor| Date: Fri, 12 Aug 2022 22:28:12 +0000

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]

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California Governor Has Plan to Keep Diablo Canyon Nuclear Plant Open

Credit to Author: Darrell Proctor| Date: Fri, 12 Aug 2022 20:29:01 +0000

California Gov. Gavin Newsom has proposed a plan that would keep the Diablo Canyon nuclear power plant open into 2035, a decade beyond the facility’s current closure date. The proposal, which in part includes giving plant owner Pacific Gas & Electric (PG&E) a forgivable $1.4-billion loan, was included in a draft legislative package sent to […]

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AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head

Credit to Author: Sonal Patel| Date: Fri, 12 Aug 2022 16:33:38 +0000

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

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U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear

Credit to Author: Sonal Patel| Date: Thu, 11 Aug 2022 18:24:35 +0000

A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]

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Report Notes Continued Growth of Hybrid Power Plants

Credit to Author: Darrell Proctor| Date: Thu, 11 Aug 2022 16:29:23 +0000

Hybrid power plants continue to be deployed across the U.S., with almost 300 such facilities (all with 1 MW or more of generation capacity) operating at the end of last year. An August 2022 report from the Lawrence Berkeley National Laboratory in California, based on research funded by the U.S. Dept. of Energy (DOE) and […]

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A New Approach for Gas-Insulated Substations

Credit to Author: Contributed Content| Date: Thu, 11 Aug 2022 14:40:05 +0000

For decades, gas-insulated substations (GIS) have been used primarily in densely populated metropolitan areas. They take up only 10% of the footprint of outdoor or air-insulated substations and provide reliable medium- and low-voltage service where space needed to service areas for industrial locations, hospitals, and housing may be limited. However, as rural environments become desirable […]

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How to Overcome Challenges to the U.S.’s Offshore Wind Energy Goals

Credit to Author: Aaron Larson| Date: Thu, 11 Aug 2022 14:42:42 +0000

Lofty goals have been established in the U.S. for the offshore wind industry. The U.S. Department of Energy, Department of the Interior, and Department of Commerce announced a national goal in March 2021 to deploy 30 GW of offshore wind capacity by 2030. That would mark a significant increase from the 42 MW of offshore […]

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How Hydrogen Can Enhance Renewable Energy Grids

Credit to Author: Nisar Ahamad| Date: Thu, 11 Aug 2022 14:41:56 +0000

From powering the first combustion engines to becoming a vital part of the modern-day refining industry, the relationship between hydrogen (H2) and energy spans centuries. It is the most abundant element on our planet. The gas burns clean, it’s light, energy-dense, and we’re only just beginning to uncover its true potential. Hydrogen could well be […]

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California Sets Goals for Buildout of Offshore Wind

Credit to Author: Darrell Proctor| Date: Wed, 10 Aug 2022 21:20:59 +0000

California officials have taken a major step toward establishing the state’s offshore wind energy industry, setting a goal of installing as much as 5 GW of generation capacity this decade, and 25 GW by 2045. The California Energy Commission (CEC) on Aug. 10 put out a report detailing the state’s plan for offshore wind, which […]

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Chicago Announces Plan to Power City with 100% Renewable Energy

Credit to Author: Darrell Proctor| Date: Mon, 08 Aug 2022 23:19:48 +0000

Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8. The mayor, along with Illinois Gov JB Pritzker, on Monday said the city has an agreement with Chicago utility Constellation Energy, along with Massachusetts-based Swift Current Energy, a renewable energy developer. The two spoke […]

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