The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy

Credit to Author: Darrell Proctor| Date: Mon, 29 Apr 2024 14:40:27 +0000

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The […]

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shutterstock_Solar photovoltaic panels and wind turbines. Energy concept_POWER

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Feds Release Final Rules on Clean Energy Tax Credits

Credit to Author: Darrell Proctor| Date: Fri, 26 Apr 2024 17:20:19 +0000

Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and the Internal Revenue Service (IRS) released final rules […]

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Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List

Credit to Author: Sonal Patel| Date: Thu, 25 Apr 2024 11:14:09 +0000

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The […]

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Navigating the Interconnection Queue Is One of Many Challenges Clean-Energy Projects Face

Credit to Author: Aaron Larson| Date: Fri, 19 Apr 2024 21:51:38 +0000

There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent […]

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FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix

Credit to Author: Terence Healey| Date: Wed, 17 Apr 2024 12:48:38 +0000

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams […]

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Group Says Record 117 GW of New Wind Power Generation Installed in 2023

Credit to Author: Darrell Proctor| Date: Tue, 16 Apr 2024 16:43:04 +0000

A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the […]

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Japan Energy Giant Launches UK-Headquartered Renewable Energy Group

Credit to Author: Darrell Proctor| Date: Mon, 15 Apr 2024 17:28:44 +0000

The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, […]

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Grids Brace for Solar Eclipse, Totality Poised to Test Ramping

Credit to Author: Sonal Patel| Date: Mon, 08 Apr 2024 13:30:51 +0000

Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they […]

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NASA is live-tracking the April 8 total eclipse, which will cross North America, passing over Mexico, the United States, and Canada. “A total solar eclipse happens when the Moon passes between the Sun and Earth, completely blocking the face of the Sun. The sky will darken as if it were dawn or dusk,” it notes. Source: NASA

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Management Strategies Needed as Power Sector Faces Increasing Risk

Credit to Author: Edward Stewart| Date: Mon, 08 Apr 2024 13:30:14 +0000

Owners and operators of thermal and renewable energy infrastructure are navigating new and emerging risks due to digitization of the grid, an uncertain regulatory landscape, and changing environmental and weather […]

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New Wind Farm Part of Vietnam’s Energy Transition

Credit to Author: Darrell Proctor| Date: Thu, 21 Mar 2024 13:09:25 +0000

Vietnam’s renewable energy goals are taking a step forward with the installation of a wind farm that will feature the largest onshore wind turbine installed in the country to date. […]

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