Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

Credit to Author: Sonal Patel| Date: Mon, 13 May 2019 03:05:05 +0000

In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]

The post Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup appeared first on POWER Magazine.

Read more

ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar

Credit to Author: Sonal Patel| Date: Thu, 09 May 2019 13:40:43 +0000

The Electric Reliability Council of Texas (ERCOT) has issued a fresh warning that continued “above-normal” growth in electric demand could require it to enter Energy Emergency Alert (EEA) status to maintain system reliability this summer.  As it released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June  to September), a […]

The post ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar appeared first on POWER Magazine.

Read more

Energy Storage Changes the Power Profile

Credit to Author: POWER| Date: Wed, 01 May 2019 00:00:00 +0000

The power grid is a pretty complex system. Electricity is generally produced on an as-needed basis. Generators ramp up and down based on demand. However, energy storage systems are beginning to change how

The post Energy Storage Changes the Power Profile appeared first on POWER Magazine.

Read more

Sempra Energy Exits U.S. Renewables Sector

Credit to Author: Sonal Patel| Date: Thu, 25 Apr 2019 11:47:46 +0000

Sempra Energy on April 22 marked its complete exit from the U.S. renewables business as it completed the sale of 724 MW of operating wind generation and battery assets to American Electric Power (AEP) for $1.05 billion.  The San Diego–headquartered utility holding company, which says it has the largest U.S. customer base, said the move […]

The post Sempra Energy Exits U.S. Renewables Sector appeared first on POWER Magazine.

Read more

Duke Energy Projects Lead Carolinas’ Solar Expansion

Credit to Author: Darrell Proctor| Date: Wed, 17 Apr 2019 14:06:32 +0000

Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]

The post Duke Energy Projects Lead Carolinas’ Solar Expansion appeared first on POWER Magazine.

Read more

Storage ITC Bill Gains Key Industry Backers

Credit to Author: Sonal Patel| Date: Thu, 11 Apr 2019 13:37:26 +0000

Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups  representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]

The post Storage ITC Bill Gains Key Industry Backers appeared first on POWER Magazine.

Read more

How the DOE Is Looking to Save Hydropower

Credit to Author: Sonal Patel| Date: Thu, 04 Apr 2019 12:36:21 +0000

The Department of Energy (DOE) unveiled a slate of measures to help U.S. hydropower thrive as costs for wind and solar plummet. Measures will include a roadmap to identify hydro’s value in a future grid, and a first-of-its-kind prize designed to encourage innovative and faster pumped storage construction techniques. In her opening speech at Waterpower […]

The post How the DOE Is Looking to Save Hydropower appeared first on POWER Magazine.

Read more

FPL Will Build World’s Largest Battery Storage System

Credit to Author: Darrell Proctor| Date: Wed, 03 Apr 2019 20:39:40 +0000

Florida Power and Light Co. (FPL) has been building new solar farms and bringing gigawatts of new natural gas-fired generation capacity online in recent years. Now the utility has announced what it calls the world’s largest solar-powered battery storage system. FPL on March 28 said the Manatee Energy Storage Center, a 409-MW/900-MWh battery storage facility, […]

The post FPL Will Build World’s Largest Battery Storage System appeared first on POWER Magazine.

Read more

India Installs Its First Grid-Scale Battery Storage System

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

India’s first grid-scale battery-based energy storage system was launched in February. The 10-MW system is owned by AES Corp. and Mitsubishi Corp., and operated by Tata Power Delhi Distribution Ltd. (Tata

The post India Installs Its First Grid-Scale Battery Storage System appeared first on POWER Magazine.

Read more

Solar Power Is Economical Today, but Comes With Challenges

Credit to Author: Aaron Larson| Date: Wed, 27 Mar 2019 20:50:17 +0000

Depending on the deployment location and competing energy prices, photovoltaic solar panels are among the most cost-effective power solutions being added to the grid today, often without subsidies and other incentives. The revelation came during a panel discussion—which included several CEOs from the power sector—that took place at the Bloomberg New Energy Finance (BNEF) Summit […]

The post Solar Power Is Economical Today, but Comes With Challenges appeared first on POWER Magazine.

Read more