Hearing Panelists Assess Grid Reliability Challenges Posed by Nat. Gas, Renewables
Panelists at a House hearing today refuted varied claims concerning if and how increased natural gas and renewables generation pose widespread challenges to the reliability of the electric grid. Some pointed to ineffective rules in the restructured wholesale power market and the failure of conventional power plants as being more of a threat to grid reliability….
POWER Magazine :: Geothermal power projects, technologies, and potential
Lawmakers Push for Financing Parity for Renewable Projects
Bipartisan legislation introduced on Wednesday by a bicameral group of lawmakers seeks to give renewable energy project investors access to an existing corporate structure whose tax benefits are now only available to investors in fossil fuel–based energy projects….
POWER Magazine :: Geothermal power projects, technologies, and potential
Report: Global Renewable Investments in 2012 Tumble 11% as Market Shifts from West to East
Public and private investment in solar, wind, and other renewables worldwide declined 11% in 2012 from an adjusted 2011 record of $ 302 billion, a new survey from Pew Charitable Trusts shows. Yet the global renewable sector still registered a record 88 GW of new nameplate capacity last year, and China reclaimed the lead in global renewables investments from the U.S., it says….
POWER Magazine :: Geothermal power projects, technologies, and potential
Two Geothermal Energy Bills Reintroduced in Senate
Two bills seeking to rapidly expand geothermal energy resources in the U.S. were reintroduced in the Senate last week….
POWER Magazine :: Geothermal power projects, technologies, and potential
FERC Proposes Reforms to Diminish Barriers to Small Generator Interconnection
The Federal Energy Regulatory Commission (FERC) on Thursday proposed four reforms intended to reduce the time and cost to process transmission interconnection requests from generating facilities of 20 MW or smaller. The reforms would boost reliability by increasing energy supply and remove hurdles in the development of new renewable power sources, FERC said….
POWER Magazine :: Geothermal power projects, technologies, and potential
Report: U.S. Has Lost Edge in Global Renewables Race
Once a world leader in innovation and manufacturing of clean energy technologies, the U.S. now faces significant competitive challenges from Europe and Asia, and it lags behind other nations on measures that include renewables deployment, manufacturing, and innovation, a new report suggests….
POWER Magazine :: Geothermal power projects, technologies, and potential
Slow Growth Ahead—with Unexpected Flares of Activity
North American shale gas was supposed to realign the generation fleet here and abroad (thanks to anticipated exports) far into the future. Turns out, that’s not exactly how the near term is shaping up. Despite stagnant (and even putrid) economies and legislative bodies in the U.S. and EU, there promises to be sufficient market volatility to keep everyone alert….
POWER Magazine :: Geothermal power projects, technologies, and potential
Report: Fuel for Power Generation to Lead Energy Growth Through 2040
Fuel for power generation will account for about 55% of demand-related energy growth through 2040, ExxonMobil forecasts in its freshly released annual energy forecast. Like several other forecasters, the Irving, Texas–based oil and gas company also…
POWER Magazine :: Geothermal power projects, technologies, and potential
EIA Projects Faster Growth of Natural Gas Production, Gas Generation
Compared to projections from last year, an Early Release Overview of the Energy Information Administration’s (EIA’s) Annual Energy Outlook 2013 (AEO2013) released on Wednesday foresees higher gas production and, with it, a higher share of gas generation by 2040. The outlook also projects a growing share of renewable and nuclear power, but dampened future coal use….
POWER Magazine :: Geothermal power projects, technologies, and potential