Solar Energy Caught in Crosshairs of New Legislation

Credit to Author: Contributed Content| Date: Tue, 14 Mar 2023 15:29:05 +0000

The solar power industry seems to be caught in the crosshairs of competing legislative agendas. The U.S. Inflation Reduction Act (IRA) created incentives to increase solar capacity via tax credits, but the Uyghur Forced Labor Prevention Act (UFLPA) limits the effectiveness of those credits by restricting the importation of any goods that were mined, produced, […]

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The POWER Interview: IRA, Economics Support Solar-Plus-Storage Market

Credit to Author: Darrell Proctor| Date: Thu, 09 Mar 2023 14:52:34 +0000

solar-plus-storage

Several executives in the energy industry have spoken with POWER in recent months about how utility-scale solar power projects benefit from the addition of energy storage. Many have noted how installing storage systems alongside solar arrays supports the integration of renewable energy to the power grid, and also enhances the economic potential of any such […]

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The Challenges and Opportunities Facing Power Companies Today

Credit to Author: Aaron Larson| Date: Wed, 01 Mar 2023 05:13:00 +0000

texas-wind-farm-Amazon

The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The

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Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023

Credit to Author: Aaron Larson| Date: Tue, 03 Jan 2023 05:18:18 +0000

T&D-transmission-distribution

The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the

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How Rural Communities Can Benefit from the Energy Transition

Credit to Author: Aaron Larson| Date: Thu, 03 Nov 2022 15:57:22 +0000

Rural-electric-cooperative-USDA

Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]

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Inflation Reduction Act: Increased Electrification and Resulting Utility Implications

Credit to Author: Contributed Content| Date: Thu, 20 Oct 2022 12:50:20 +0000

Partners-in-Performance

While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]

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New Report Says ‘Historic Expansion’ Coming for U.S. Offshore Wind

Credit to Author: Darrell Proctor| Date: Thu, 13 Oct 2022 13:56:16 +0000

offshore-wind

A new report from a business group that supports development of U.S. offshore wind projects details several factors that it says will contribute to a “historic expansion” of the technology over the next several years. The Business Network for Offshore Wind’s inaugural “Offshore Wind Quarterly Market Report,” released Oct. 13, highlights how recent government actions […]

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Why the Solar Market Is Down and Why It’s Poised for a Comeback

Credit to Author: Aaron Larson| Date: Thu, 08 Sep 2022 13:55:06 +0000

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

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