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

The post Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project appeared first on POWER Magazine.

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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Mixed Reactions to FERC’s Recent MOPR Order from Power Generators

Credit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:27:40 +0000

The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.

On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum offer screening process to bar new market […]

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Connecticut Gives Go-Ahead for 804-MW Offshore Wind Project

Credit to Author: Darrell Proctor| Date: Fri, 06 Dec 2019 17:51:50 +0000

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Vineyard Wind’s 804-MW Park City project was given the go-ahead by Connecticut officials on Dec. 5, with regulators saying Vineyard’s bid in an offshore wind solicitation was “lower than any other publicly announced offshore wind project in North America.” Vineyard Wind competed against other groups in the bidding, including developers backed by Ørsted and Shell. […]

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‘GREEN Act of 2019’ Extends Tax Credits for Renewables

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2019 18:41:57 +0000

The post ‘GREEN Act of 2019’ Extends Tax Credits for Renewables appeared first on POWER Magazine.

The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year extension of the 30% solar Investment Tax Credit (ITC), along with new incentives for energy storage. The legislation also supports incentives for electric vehicles (EVs), offshore and onshore […]

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Ohio Enacts Controversial Bill to Subsidize Nuclear, Coal, and Slash Renewable Standard

Credit to Author: Sonal Patel| Date: Tue, 23 Jul 2019 19:42:29 +0000

Ohio’s Gov. Mike DeWine (R) on July 23 quickly signed a controversial nuclear subsidy bill that narrowly passed the state’s House of Representatives on Tuesday, making Ohio the fifth state in the nation to prop up nuclear power.  Lawmakers passed H.B. 6 with a 51–38 vote Tuesday. The bill passed the state Senate on July […]

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The Clean Energy Conundrum

Credit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000

The worldwide movement toward a clean energy future is barreling ahead. Most clean energy advocates seem to focus on wind and solar power as their resources of choice, and it shows, as the installed capacity

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As Renewables Surge Ahead of Coal, Lawmakers Introduce National Renewable Standard 

Credit to Author: Sonal Patel| Date: Thu, 27 Jun 2019 11:56:23 +0000

A bill introduced by Senate Democrats on June 26 establishes a national electricity standard that would require large retail suppliers to source at least 1.5% of their power from renewables by 2020 and gradually grow that share through 2035.  The measure comes a day after the Energy Information Administration (EIA) revealed monthly generation from renewable […]

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Wind Industry Prepares for Massive Expansion

Credit to Author: Sonal Patel| Date: Thu, 11 Apr 2019 13:31:24 +0000

Construction activity on wind projects across the U.S. surged to a record level of more than 20 GW in the third quarter of 2018, and about 35.1 GW of new wind capacity was under construction or in advanced development at the end of 2018, according to the American Wind Energy Association (AWEA).  In 2018, the […]

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