Trump Administration Further Restricts Tax Credits for Solar and Wind Energy

Trump Administration Further Restricts Tax Credits for Solar and Wind Energy

The Trump administration has announced another policy that will likely harm the U.S. renewable energy industry. New guidance from the Treasury Department announced August 15 will make it even harder for wind and solar power projects to take advantage of federal tax credits, which already were under fire from the White House. Friday’s move is […] The post Trump Administration Further Restricts Tax Credits for […]

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Leading Hydrogen Producer May Abandon U.S. Projects Due to Trump’s Actions

Leading Hydrogen Producer May Abandon U.S. Projects Due to Trump’s Actions

A Germany-headquartered company involved in the global hydrogen industry said it plans to abandon some of its projects in the U.S. due to actions from the Trump administration. Werner Ponikwar, chief executive of Thyssenkrupp Nucera, on August 13 said the company has been in discussions with stakeholders in its U.S. hydrogen projects and would cancel […] The post Leading Hydrogen Producer May Abandon U.S. Projects […]

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Trump Names Democrat David Rosner as FERC Chairman

Trump Names Democrat David Rosner as FERC Chairman

President Trump has appointed David Rosner as chairman of the Federal Energy Regulatory Commission (FERC), elevating the Democratic commissioner to lead the independent energy regulator after Republican Mark Christie stepped down from the position. Rosner has served as a FERC commissioner since June 2024 and officially assumed the chairman role on Aug. 13. The appointment […] The post Trump Names Democrat David Rosner as FERC […]

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Transforming Energy Finance Through AI-Driven Processes

Transforming Energy Finance Through AI-Driven Processes

The power and utility sector underpins every part of modern life, from residential comfort to industrial productivity. Yet as the global energy landscape evolves, so must the internal operations that keep these organizations running. With total U.S. power use expected to reach around 4,189 billion kWh in 2025, and 4,278 billion kWh in 2026, energy […] The post Transforming Energy Finance Through AI-Driven Processes appeared […]

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How Smarter Cooling Choices Can Cut AI’s Energy Use

How Smarter Cooling Choices Can Cut AI’s Energy Use

Artificial intelligence (AI) is evolving, and so is the demand for the infrastructure behind it. However, for those looking to build a sustainably conscious system, this growth raises a crucial question: What does an energy-efficient data center system look like? While rightfully, much of the attention has focused on controlling energy usage of bigger systems […] The post How Smarter Cooling Choices Can Cut AI’s […]

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Nextracker Supporting Major New Solar Power Projects in Brazil

Nextracker Supporting Major New Solar Power Projects in Brazil

One of Brazil’s largest renewable energy developers, mostly known for its wind power projects, is adding significant solar power generation capacity to its portfolio. Casa dos Ventos, which has developed one of every four wind power facilities in Brazil and has about 35 GW of renewable energy deployed in the country, will utilize equipment from […] The post Nextracker Supporting Major New Solar Power Projects […]

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New Gas-Fired Power Stations Planned for North and South Dakota

New Gas-Fired Power Stations Planned for North and South Dakota

Regulators in North Dakota have given their approval for a 1,490-MW natural gas-fired power plant, a combined-cycle station that Basin Electric Power Cooperative officials said would provide the area with its first new baseload electric output in more than four decades. South Dakota utility commissioners, meanwhile, are set to consider an application for a smaller, […] The post New Gas-Fired Power Stations Planned for North […]

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POWER Lab

POWER Lab

The post POWER Lab appeared first on POWER Magazine.

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BP Cutting More Than 6,000 Jobs, and Thousands of Contractors, as Part of Cost Reductions

BP Cutting More Than 6,000 Jobs, and Thousands of Contractors, as Part of Cost Reductions

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil and gas production. UK-based BP, which has its U.S. headquarters in Houston, Texas, has said it plans to […] The post BP Cutting More Than 6,000 Jobs, and […]

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Building ChatGPT for the Power Industry: EPRI Leads the Way

Building ChatGPT for the Power Industry: EPRI Leads the Way

More than 100 of the world’s largest energy companies are betting that artificial intelligence (AI) will revolutionize how electricity gets made, moved, and managed. But they’re not waiting for Silicon Valley to build it for them—they’ve taken matters into their own hands through an EPRI-led consortium. That initiative is the Open Power AI Consortium, which […] The post Building ChatGPT for the Power Industry: EPRI […]

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