Wyoming’s wind energy capacity almost doubled in 2020 The wind energy sector in the U.S. shattered records in 2020, recording its biggest year yet in terms of new capacity added to the grid. Last year, 16,913 megawatts of new wind power capacity was installed in the U.S. — an 85% increase compared to 2019. That’s … Continue reading #Wyoming ‘s wind energy capacity almost doubled in 2020
FLOATING WIND TURBINES BUOY HOPES OF EXPANDING RENEWABLE ENERGY Off the east coast of Scotland, in water more than 300 feet deep, five towering turbines weighing thousands of tons float in the North Sea. Installed in 2017, the turbines power about 36,000 homes a year. Wind farms have been erected on land and at sea … Continue reading FLOATING WIND TURBINES BUOY HOPES OF EXPANDING RENEWABLE ENERGY
‘Risky proposition.’ Can $33 billion make up for loss of Snake River dams? Tri-Cities groups leery A new proposal to tear down the four Lower Snake River dams has people agreeing on one thing — the dams’ value to the Northwest region. But many of those who rely on the dams now — to produce … Continue reading ‘Risky proposition.’ Can $33 billion make up for loss of Snake River dams? Tri-Cities groups leery
Funding For Battery Technology Companies Exploded In 2020 Last fall Swedish lithium-ion battery maker Northvolt announced that it had raised $600 million in equity to invest in capacity expansion, research and development, and large-scale recycling. The capital raise included institutional investors Baillie Gifford, Baron Capital Group, Bridford Investments Limited, Norrsken VC & PCS Holding together … Continue reading Funding For Battery Technology Companies Exploded In 2020
American Utilities Are Getting Pummeled By Unpaid Bills Since the onset of the pandemic, millions of Americans have been struggling with paying rent and utility bills, putting a strain on power utilities’ revenues and raising the question about who and when will foot the bill for the billions of U.S. dollars in energy bills arrearages. … Continue reading American Utilities Are Getting Pummeled By Unpaid Bills
Can Nuclear Power Make A Comeback This Decade? 2020 will go down in the history of energy as one of the worst examples of the global economy swiftly tanking in almost complete unison, virtually every region has suffered dreadfully from the manifold impacts of coronavirus. If one is to assess the global energy impacts of … Continue reading Can Nuclear Power Make A Comeback This Decade?
Southern Power retrofitting 640MWh of battery storage at two California solar power stations US wholesale energy provider Southern Power is adding battery energy storage to two solar sites in California. Storage will be added to the company’s Tranquillity Solar Facility and Garland Solar Facility, with Southern Power – a subsidiary of the Southern Company – … Continue reading #Southern_Power retrofitting 640MWh of battery storage at two #California solar power stations
Top Utility Trends of 2020 2020 has been a year of tremendous disruption for electric utilities, and for the world in general. But while the COVID-19 pandemic may have temporarily slowed some of the larger trends driving the power sector, the overall transition to a cleaner, more distributed future continues. This can be seen in … Continue reading Top Utility Trends of 2020
Wholesale U.S. electricity prices were generally lower and less volatile in 2020 than 2019 During 2020, wholesale electricity prices at major trading hubs in the United States were generally lower than in 2019, although prices in the western states trended higher in the last half of the year. Compared with 2019 prices, these wholesale hub … Continue reading Wholesale U.S. electricity prices were generally lower and less volatile in 2020 than 2019
Subsidies a Bone of Contention as Renewable Energy Producers Seek Federal Ruling Supporters of expanding renewable energy are headed for a showdown with New England’s energy market operator at the Federal Energy Regulatory Commission over an arcane rule that could have major implications in the near future for how much is invested in solar and … Continue reading Subsidies a Bone of Contention as Renewable Energy Producers Seek Federal Ruling
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