The POWER Interview: State of the Wind, Solar, Storage, and Hydro Markets

Credit to Author: Darrell Proctor| Date: Wed, 05 Jun 2019 19:17:25 +0000

Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]

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Power Marketer to Tri-State: We’ll Buy and Close Your Coal Plants

Credit to Author: Darrell Proctor| Date: Wed, 29 May 2019 16:19:05 +0000

A wholesale power provider in Colorado wants to supply the state’s largest electric cooperative with power from mostly renewable sources, saying it will pay Tri-State Generation and Transmission Association to retire its coal-fired plants in Colorado and New Mexico. Tri-State, at least for now, said it will not consider the offer. Denver-based Guzman Energy on May […]

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GE Is Banking on Africa’s Burgeoning Power Market

Credit to Author: Sonal Patel| Date: Thu, 16 May 2019 13:43:35 +0000

Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper released in May, surveying market opportunities in the […]

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EIA: Gas, Renewables Outpacing Coal for Power Generation

Credit to Author: Darrell Proctor| Date: Fri, 10 May 2019 16:54:21 +0000

The percentage of coal-fired generation in the U.S. electricity mix will continue to decline, the Energy Information Administration (EIA) said May 9, with gas-fired generation accounting for at least 40% of the nation’s power this summer and output from renewables continuing to rise. EIA’s latest Short-Term Energy Outlook (STEO) said coal-fired units will produce only […]

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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

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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.), […]

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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 […]

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Navajo Nation Ends Bid to Acquire 2.3-GW Coal Plant

Credit to Author: Sonal Patel| Date: Mon, 25 Mar 2019 12:48:28 +0000

After a Navajo tribal council on March 21 voted 11–9 to block acquisition of the Navajo Generating Station (NGS) and Peabody Energy’s Kayenta coal mine, the Navajo Transitional Energy Co. (NTEC) announced it would drop its bid to keep the 2.3-GW coal-fired plant near Page, Arizona, open.  NTEC, a company wholly owned by the Navajo […]

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Renewables Provided 18% of U.S. Power Generation in 2018

Credit to Author: Sonal Patel| Date: Wed, 20 Mar 2019 12:09:44 +0000

Renewable generation in the U.S. has doubled over the past 10 years. In 2018, generation from solar, wind, hydro, and other renewables soared to a record 742 TWh—or 17.6% of total U.S. generation. According to the Energy Information Administration (EIA), since 2008—when renewables provided 382 TWh—wind generation rose from 55 TWh and generated 275 TWh […]

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Cyberattack Debilitates Major Aluminum and Hydropower Producer

Credit to Author: Sonal Patel| Date: Tue, 19 Mar 2019 18:05:53 +0000

Norsk Hydro, a major global aluminum producer that is also Norway’s third-largest producer of hydropower, has been stricken by an extensive cyberattack—reportedly ransomware—that forced its entire global network offline. The company powers its sizable aluminum production operations with 20 hydropower plants concentrated in Telemark, Røldal-Suldal, Sogn, and Vennesla, producing a total 10 TWh per year. […]

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