Panda Temple bankruptcy could chill new gas plant buildout in ERCOT market

There is a cloud hanging over the Texas wholesale power market. The cloud is cast by the Chapter 11 bankruptcy filing of Panda Temple Power LLC in a Delaware court. To be clear, the Panda bankruptcy is not a cause of market conditions in the Electric Reliability Council of Texas (ERCOT) region — it is a … Read more

Federal Budget solar energy, Hydro feature in 2017 – Energy Matters – Energy Matters

The Federal Government wants to buy a larger share of the Snowy Hydro scheme to bolster its renewable energy stores. The announcement was part of the 2017 Federal Budget handed down last night. Federal Energy Minister Josh Frydenberg said the budget’s $265 million energy package will ensure Australia maintains a secure, reliable and competitive energy system. … Read more

Execs bet on industrial IoT but firms lag in readiness

Many companies are unprepared for the Industrial Internet of Things (IIoT), but most executives at those companies realize that the future of their business depends on it, according to a new study from the Business Performance Innovation (BPI) Network. The study also suggests that large-scale integrators and other channel partners will be among the biggest … Read more

France Emerges as VC Dealmaker for Alternative to Nuclear Energy

Three French companies have emerged as the most prolific venture capital dealmakers for new energy technologies as the country starts to seek out low-polluting alternatives for its aging nuclear reactors. Engie SA, Demeter Partners SA and Total SA participated in more green-energy deals than any other venture capital firms last year, according to the most … Read more

Two thirds of electricity in Canada now comes from renewable energy

Two-thirds of Canada’s electricity supply now comes from renewable sources such as hydro and wind power, the National Energy Board said in a report released Tuesday. Renewable energy production jumped 17 per cent between 2005 and 2015. The portion of all electricity in Canada generated by renewables is now 66 per cent, up from 60 … Read more

Tesla announces new electric grid services by bundling Powerwalls and Powerpacks

Tesla has already been offering energy storage services to electric utilities with the Powerpack – like its 80 MWh Powerpack station with Southern California Edison. But now, the company announces that it will be bundling its residential energy storage product, the Powerwall, with the Powerpack to create “a single resource of shared energy.” It’s a service that … Read more

Solar power tariff falls 80% in 6 years to Rs 2.44 a unit

Upgrade To Premium Services Business Standard is happy to inform you of the launch of “Business Standard Premium Services” As a premium subscriber you get an across device unfettered access to a range of services which include: Access Exclusive content – articles, features opinion pieces Weekly Industry/Genre specific newsletters – Choose multiple industries/genres Access to … Read more