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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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 […]

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UK Milestone: One Week Without Coal-Fired Generation

Credit to Author: Darrell Proctor| Date: Wed, 08 May 2019 16:42:56 +0000

The UK has gone a week without using electricity from coal-fired generation, according to the National Grid Electricity System Operator (NGESO), which oversees the power network in England, Wales, and Scotland. Government officials said it’s the first time the UK has gone without coal in a week-long period since 1882, when a coal-fired plant opened […]

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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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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 […]

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Generating a Winning Plan for Sustainability

Credit to Author: Darrell Proctor| Date: Wed, 24 Apr 2019 17:22:52 +0000

Managing the power load of a Las Vegas casino might seem a daunting task. MGM Resorts International, which operates several iconic properties on the city’s famous strip along with other hospitality and entertainment venues worldwide, took matters into its own hands a few years ago as it tried to control its energy costs and also […]

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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 […]

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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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POWER Notebook: New 1,600-MW Coal Plant in India; Low-Price Solar Deal in Idaho

Credit to Author: Darrell Proctor| Date: Sun, 07 Apr 2019 17:14:20 +0000

Financing has reportedly been secured for a 1,600-MW coal-fired power plant in India’s eastern state of Jharkhand. Qatar’s Gulf Times newspaper reported April 6 that Power Finance Corp., a state-run lender in India, and its subsidiary REC approved a $1.5 billion loan for the project. The report said the new plant would be funded through loans […]

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