Energy industries
The U.S. Department of Energy issued an emergency order under Section 202(c) of the Federal Power Act to ensure a stable and secure energy supply for 65 million Americans in 13 states and the District of Columbia. The order allows PJM Interconnection to operate the Wagner Generating Station&
Energy industries
Alternergy Holding Corporation has secured majority ownership of the Tanay and Alabat wind power projects through a PHP2.4 billion co-investment tie-up with ABC Energy Inc. The deal marks a strategic move for Alternergy, as the company continues to expand its renewable energy portfolio. The two power projects, with a
Energy industries
A new research study, published by the University of Turin, has highlighted the importance of hydrogen storage technologies in the transition to a decarbonized energy sector. The study, funded by the European Union's Next Generation EU program, reveals that storage is a significant challenge in the development of
Energy industries
A study published in the journal Environment, Development and Sustainability has shed light on the impact of renewable energy production on economic growth in Asian countries. The research, conducted by Zhejiang Shuren University, found that renewable energy production has a positive effect on the economic growth of neighboring countries, with
Energy industries
Poland, still a prominent coal-producing nation in Europe, is shifting its focus towards the vast potential of wind power. The recent opening of a wind turbine component facility in Gdansk marks a significant step towards a sustainable energy future. This move follows the global trend of transitioning from non-renewable energy
Energy industries
As the Electric Power Supply Association (EPSA) celebrates the swearing-in of Laura Swett as Chairman of the Federal Energy Regulatory Commission (FERC), the organization emphasizes the importance of market certainty in attracting investment and ensuring reliable, cost-effective power in the face of rapidly growing electricity demand. Key Takeaways: * The Electric
Energy industries
The Minnesota Public Utilities Commission (MPUC) has voted unanimously to approve ALLETE, Inc.'s acquisition by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP), paving the way for the transaction's closure in late 2025. This strategic partnership is expected to enable ALLETE to
Energy industries
The Australian Energy Market Commission (AEMC) has released a final report on the Wholesale Demand Response Mechanism (WDRM), recommending that the mechanism should continue to operate in the National Electricity Market (NEM). The report suggests that the WDRM has been a worthwhile exercise, resulting in $5.75 million in benefits
Energy industries
The Queensland Government has introduced the Energy Roadmap Amendment Bill 2025, aiming to simplify legislative frameworks, improve administrative efficiency, and achieve affordable, reliable, and sustainable energy. In a departure from the federal government's approach, Queensland has adopted a flexible planning framework, replacing renewable energy targets with public ownership
Energy industries
The Australian Securities Exchange (ASX) 200 benchmark index closed lower on Wednesday, declining 0.71% after reaching a new 52-week high. Despite the mixed performance across sectors, the energy sector stood out as the strongest, increasing 1.29%. In contrast, the materials sector suffered, with a decline of over 3%
Energy industries
The European Investment Bank (EIB) has invested €40 million in Meva Energy, a Swedish clean tech company, to support its commercial scale-up and expansion into new markets. The investment aligns with the objectives of RePowerEU and the Clean Industrial Deal, strengthening Europe's energy independence and industrial competitiveness. Meva
Energy industries
Puget Sound Energy, the largest utility in Washington state, has begun receiving power from the 90 MW Vantage Wind Energy Center in Ellensburg, Washington. The clean energy will power over 26,000 homes and is part of Puget Sound Energy's efforts to meet Washington state's ambitious
