by Matt | Jun 25, 2018 | News
The significant growth of renewable energy generation has made it a challenge to effectively integrate into markets across the US. The inherent variability of wind and solar generation has led to wide, and fast swings in wholesale electricity prices due to supply and...
by Jack | Apr 27, 2018 | News
New legislation along with the expiration and phase-down of the Renewable Energy Production Tax Credits (“PTC”) have lead to uncertainty in the renewable energy sector. PTCs play a significant role in a project’s viability. The value of the PTC was $24/MWh for...
by Matt | Apr 13, 2018 | News
Between declining costs of renewable energy technology and continually increasing stigma associated with fossil fuel electricity generation, the forward outlook for renewable generation is very positive. Additionally, the Tax Cuts and Jobs Act signed into law by...
by Clayton | Aug 8, 2017 | News
The V.C. Summer Nuclear Plant in South Carolina, one of the first new Nuclear Power Plant projects in nearly 2 decades, has been abandoned partway through construction. Santee Cooper and SCE&G, partners on the project, decided to cancel the project due to...
by Clayton | Jun 2, 2017 | News
Recent developments in the power generation industry have seen gas reciprocating engines being installed in increasing numbers on new projects as opposed to gas turbines. Improvements in technology have resulted in reciprocating engines that can rival the capacity of...
by Alec | Aug 3, 2016 | News
In a 4-0 vote, the New York Public Service Commission (“PSC”) approved the Clean Energy Standard to help keep nuclear power online. This decision will provide $965 million in additional revenue for the next 12 years to three nuclear power plants in upstate New York....