The Evolution of Power Business Models

Credit to Author: Sonal Patel| Date: Wed, 01 Jul 2020 04:10:00 +0000

The post The Evolution of Power Business Models appeared first on POWER Magazine.

Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

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Rural Electric Cooperatives Get Big Money to Improve Infrastructure

Credit to Author: Aaron Larson| Date: Wed, 24 Jun 2020 19:48:29 +0000

The post Rural Electric Cooperatives Get Big Money to Improve Infrastructure appeared first on POWER Magazine.

Seminole-Electric-combined-cycle-power-plant

The U.S. Department of Agriculture (USDA) said it will provide loans and loan guarantees to rural electric cooperatives and utilities to build or improve infrastructure in 21 states. The funding was announced on June 22 and amounts to more than $1.6 billion, including nearly $386 million for investments in smart grid technology, which uses digital […]

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IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves

Credit to Author: Sonal Patel| Date: Thu, 28 May 2020 14:57:02 +0000

The post IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves appeared first on POWER Magazine.

Wind turbine

The U.S. Internal Revenue Service (IRS) has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, crippled by pandemic-related delays, were racing to complete projects before crucial tax incentives expired at the end of this year.  In its May 27–issued Notice 2020-41, the IRS essentially modified prior […]

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Govt seeks P160B for stimulus package

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 14 May 2020 16:49:24 +0000

The government is seeking up to P160 billion for its economic stimulus package, nearly half of which would be used as capital for and investments in state-owned banks, as well as loan guarantees, which could result in economic activities worth almost a trillion pesos, according to the Department of Finance (DoF). “What we are proposing […]

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THE BIG PICTURE (Infographic): Capital Costs

Credit to Author: Sonal Patel| Date: Fri, 01 May 2020 04:04:24 +0000

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POWER Digest [May 2020]

Credit to Author: Sonal Patel| Date: Fri, 01 May 2020 04:02:00 +0000

The post POWER Digest [May 2020] appeared first on POWER Magazine.

OPG Reaches First Criticality at Darlington 2, Delays Work at Unit 3. Ontario Power Generation’s (OPG’s) Darlington Unit 2 reactor, the first of four reactors the company is overhauling at the Darlington

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What Does It Take to Develop Utility-Scale Solar Projects? [PODCAST]

Credit to Author: Aaron Larson| Date: Tue, 31 Mar 2020 23:05:59 +0000

The post What Does It Take to Develop Utility-Scale Solar Projects? [PODCAST] appeared first on POWER Magazine.

Constructing a utility-scale solar project requires more than simply buying PV panels and mounting them in a field. It can take years to find the right location, conduct feasibility studies, obtain permits, and align the proverbial stars. A couple of experts, who have managed multiple projects through the process, were guests on The POWER Podcast. […]

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Community Solar: Ready for the New Decade

Credit to Author: POWER| Date: Mon, 03 Feb 2020 05:29:47 +0000

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Community solar refers to local solar facilities shared by multiple subscribers who receive credit on their electricity bills for their share of the power produced. Community solar allows homeowners, renters

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Deal-Making in Power Sector Dragged in 2019

Credit to Author: Sonal Patel| Date: Thu, 23 Jan 2020 14:25:21 +0000

The post Deal-Making in Power Sector Dragged in 2019 appeared first on POWER Magazine.

Deal-making in the North American power and utilities sector fell for the third year in a row in 2019, and total deal value shrank by 41% compared to 2018, indicating a sustained sluggish financial interest in the sector, according to PricewaterhouseCoopers (PwC). The international accounting firm’s newly released “North American Power & Utilities deals insights […]

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