Industry News & Trends

Climate Change News

Climate Change Concerns Among Canadian Farmers

Climate change is profoundly affecting Canadian agriculture, with farmers across the country expressing diverse concerns based on regional experiences and political perspectives. A recent poll by Farmers for Climate Solutions highlights these regional disparities, underscoring the need for tailored...

Canadian Premiers Confront Escalating Climate Change Disasters

Canadian premiers are facing unprecedented challenges as climate change-related disasters become increasingly frequent and severe. Recent extreme weather events have forced leaders across the country to confront the urgent need for enhanced climate resilience and coordinated disaster response...

Electric Transportation News

Duke Energy Approved to Deploy New Power Generation in NC

Duke Energy has received approval from North Carolina regulators to deploy a significant amount of new power generation capacity in the state, including new natural gas plants, as part of its long-term energy transition strategy. The decision, which is expected to have a major impact on the...

FERC Approves Interconnection for Talen Energy, Amazon Data Center

In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...

Renewable Energy News

Texas CEO Calls for Redesign of the Grid

As Texas continues to experience rapid population growth and surging electricity demand, there is increasing pressure on the state's electrical grid to meet the needs of its residents. According to Texas energy leader, Dan Woodfin, the state's grid needs a fundamental redesign to address the...

Wind Power: Tax Revenue Goldmine Faces Community Hurdles

As the renewable energy sector continues to expand, wind power is emerging as a significant source of tax revenue for local governments. However, despite its potential financial benefits, officials are finding it challenging to secure community support for wind projects. The struggle to gain local...

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Texas PUC Shelves $1B Grid Credit Mechanism

The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits.

The PCM was conceived as a means to incentivize power generators within the Electric Reliability Council of Texas (ERCOT) market to be available during periods of grid stress. This initiative emerged in the aftermath of Winter Storm Uri in February 2021,...