Dive Brief: Capacity prices for the upcoming summer and spring seasons roughly tripled to $30/MW-day and $34.10/MW-day, respectively, across nearly all of the Midcontinent Independent System Operator’s footprint — driven in part […]
IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism
The U.S. Department of the Treasury and the IRS issued final rules on Thursday for the tax credit transferability mechanism included in the Inflation Reduction Act, offering clarity to the already active […]
What to know about final IRS guidance on tax credit transfers | Latitude Media
Treasury’s final rules governing credit sales mostly rebuffed requests to make the market more liquid. via Latitude Media https://ift.tt/4E8kgH2
Renewables cover 56 pct of Germany electricity use in March quarter
Renewable energy sources covered around 56 percent of electricity consumption in Germany in the first three months of the year, according to preliminary calculations by the Centre for Solar Energy and Hydrogen […]
EU increases 2030 solar goals by 87% but grid planning trails
Solar energy targets in Europe have increased by an average of 87%, however, grid and flexibility planning trail far behind renewable goals, putting the energy transition at risk. That is the finding […]
Cheap solar gives desalination its moment in the sun
Process of turning salt water into drinkable water is unlikely to be the answer to the bulk of the global water crisis via Financial Times – Energy https://ift.tt/uJKw0jl
$2-Trillion Funding Gap Casts Shadow over Energy Transition
Investments in the energy transition are falling way short of what is needed for its success. The fresh warning comes from BlackRock, which said annual investments in the shift away from hydrocarbons […]
Hitachi Energy pours $1.5 billion into transformers | Latitude Media
In the next three years, the Swiss company plans to build out its production capacity in an effort to shorten lead times. via Latitude Media https://ift.tt/XqQPsf6
China In Your Hand – Evolving LNG Market Could Mean Major Changes for China’s Big Three
China regained its place as the world’s largest LNG importer in 2023, a title it lost in 2022 due to COVID-related shutdowns. Given that China only started importing LNG in 2006, the […]
Biden’s New Power Plant Rules: 5 Things to Know
The Biden administration has effectively moved to end the use of coal to keep the lights on in America. On Thursday, the Environmental Protection Agency released four major regulations designed to slash […]
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