Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […] The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.
As governments adapt to ongoing clean energy goals, such as the Paris Agreement, green technologies have become more important than ever. The U.S. government has confirmed such goals, striving to implement 100% carbon pollution-free […] The post It’s Time for the U.S. to Get Smart on Critical Minerals to Advance Clean Energy Goals appeared first on POWER Magazine.
Japan’s largest utility said it will start the first of three units at a new natural gas-fired power plant near Tokyo in an effort to provide more electricity during the […] The post Japan Utility Will Bring 2.34-GW Gas-Fired Plant Online Ahead of Schedule appeared first on POWER Magazine.
The urgency for an energy transition has never been more critical. Climate change, air pollution, resilience, and national security concerns make it clear that minor adjustments to our energy system […] The post Powering the Future: How Smart Energy Storage Will Transform Our Power Grid appeared first on POWER Magazine.
The California Hydrogen Hub and the Pacific Northwest Hydrogen Hub have garnered a combined $57.5 million in the first tranche of funding under the Department of Energy’s (DOE’s) $7 billion […] The post California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards appeared first on POWER Magazine.
Platte River Power Authority’s board of directors approved the utility’s 2024 Integrated Resource Plan (IRP) on July 25, including the recommended “optimal new carbon” portfolio that adds 760 MW of […] The post Colorado Power Provider Will Add 760 MW of Renewable Energy appeared first on POWER Magazine.
Siemens Energy has been awarded a contract by German utility EWE to supply a 280-MW electrolysis system. The plant in the German city of Emden is expected to go into […] The post Large-Scale ‘Clean Hydrogen’ Project Moves Forward in Germany appeared first on POWER Magazine.
In May 2024, stargazers and smartphone photographers witnessed a spectacular moment in time over the course of two nights. Social media and news outlets were dazzled by incandescent light plays […] The post Risks Associated with Geomagnetic Storms appeared first on POWER Magazine.
Maryland Gov. Wes Moore in May of this year signed the Brighter Tomorrow Act into law. The measure expands the solar facilities that qualify for subsidy, and improve the level […] The post Brighter Tomorrow Act Paves Way For More Solar Investment in Maryland appeared first on POWER Magazine.
One of the largest solar-plus-storage installations in the U.S. has entered commercial operation. Primergy Solar and Quinbrook Infrastructure Partners on July 18 announced that the Gemini Solar + Energy Storage […] The post Historic Gemini Solar-Plus-Storage Project Now Fully Operational appeared first on POWER Magazine.
