Tag: investments
Op-Ed: Japan’s Offshore Wind Dream Hits a Wall — Can Industry Reform Save It?
When Mitsubishi Corporation walked away from three massive offshore wind projects in August, paying ¥20 billion in penalties rather than proceeding, it sent shockwaves through Japan’s renewable energy sector. For a trading giant to abandon 1.7 gigawatts of capacity — enough to power 1.3 million homes — it signaled something … [continued]
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Renewable Energy Infrastructure Resilience Tested as a Supertyphoon Approaches the Philippines
The convergence of climate reality and energy transition Super Typhoon Fung-Wong (locally designated Uwan) is approaching the Philippines with forecast sustained winds potentially exceeding 185 kph (115 mph), and a possible intensification to Category 5 (157 mph or higher or 252 km/h or greater) strength, it tests a fundamental question … [continued]
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A Second Golden Spike for an Electrified Canada: Using Carney’s Budget to Link the Provinces
Mark Carney’s first budget as Finance Minister quietly provided Canada with the ingredients for something the country has lacked for a century: a truly national electricity backbone. The Clean Electricity Investment Tax Credit, a 15% refundable credit on new generation, storage, and the transmission of electricity between provinces and territories, … [continued]
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10 New Public EV Chargers Coming To Decatur, Illinois
Decatur, Illinois, is getting 10 new public EV chargers — a mix of fast and Level 2 chargers. While 10 new ones might not seem that significant, Decatur currently has about 67 public chargers according to PlugShare, so adding 10 more does matter and 6 will be fast chargers. “These … [continued]
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New decision could protect residential customers from rate hikes because of data centers
Regulators say the plan will protect residential customers from footing the bill for upgrades needed to power massive AI data centers, but it only applies to Consumers Energy customers.