FERC Backs First Compliance Filings on Energy Storage Rule

Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2019 20:56:57 +0000

The post FERC Backs First Compliance Filings on Energy Storage Rule appeared first on POWER Magazine.

The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]

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EV-Based Virtual Power Plants Shift Peak Load and Save Money

Credit to Author: Aaron Larson| Date: Thu, 17 Oct 2019 15:45:10 +0000

The post EV-Based Virtual Power Plants Shift Peak Load and Save Money appeared first on POWER Magazine.

A recent study found that electric vehicle (EV) batteries used as a utility virtual power plant (VPP) could shift the entire residential peak load to nighttime hours with only 10% EV market saturation. The research was conducted by Jackson Associates, an Orlando, Florida-based firm that does energy forecasting, data development, and energy-related analysis. The study […]

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Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants

Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2019 14:53:46 +0000

The post Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants appeared first on POWER Magazine.

South Africa’s state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in nearly seven months—highlight the state-owned utility’s scramble to avert financial disaster stemming in part from the fast-tracked construction of two 4.8-GW coal-fired power plants: Medupi […]

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Small Modular Reactors Have High-Level Support

Credit to Author: Aaron Larson| Date: Thu, 17 Oct 2019 13:03:58 +0000

The post Small Modular Reactors Have High-Level Support appeared first on POWER Magazine.

U.S. Department of Energy (DOE) Secretary Rick Perry is headed to Brussels, Belgium, to promote small modular reactor (SMR) concepts to European Union (EU) prospects. Perry will be a featured speaker during the “1st U.S.-EU High-Level Industrial Forum on Small Modular Reactors,” which will be held Oct. 21. “The U.S. and the EU share a […]

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Distress and Deals Continue to Persist in Energy Sector

Credit to Author: Aaron Larson| Date: Mon, 07 Oct 2019 20:11:59 +0000

The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.

At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]

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Small Modular Reactors Gain Momentum in Europe

Credit to Author: Aaron Larson| Date: Thu, 03 Oct 2019 13:47:32 +0000

The post Small Modular Reactors Gain Momentum in Europe appeared first on POWER Magazine.

GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]

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Competitive Advantages: Power Plant Wins with Low Fuel Costs, High Efficiency

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

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The cost of fuel is one of the most important factors affecting power plant profitability, but flexibility and efficiency are also vitally important to success. One impressive new plant in Ohio—the Lordstown

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Redefining Modern Gas Power: Lackawanna Energy Center

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post Redefining Modern Gas Power: Lackawanna Energy Center appeared first on POWER Magazine.

To endure a highly competitive and rapidly changing marketplace, Invenergy made the bold choice as it developed the 1,480-MW Lackawanna Energy Center in Jessup, Pennsylvania, to pair a first-of-its-kind

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ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 15:03:14 +0000

The post ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas appeared first on POWER Magazine.

ENGIE, the world’s largest independent power producer, has signed an innovative volume firming agreement (VMA) with Microsoft that will allow the technology giant to buy “firm” power from wind and solar projects in Texas under a specially structured power purchase agreement (PPA).  The companies on Sept. 24 said the long-term PPA will allow Microsoft to […]

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NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 13:11:45 +0000

The post NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory appeared first on POWER Magazine.

NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050.  The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]

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