Energy Industry News
![Solar inspection platform brings ‘100% guarantee’ to US](https://www.commoditymarketlive.com/uploads/news/2023/solar.jpg)
Solar inspection platform brings ‘100% guarantee’ to US
January 18, 2024
Sinovoltaics’ services include quality assurance inspections, factory audits, ESG, and traceability audits for utility solar developers and investors.
![Hydroelectric system allowed BC Hydro to meet record electricity demand](https://www.commoditymarketlive.com/uploads/news/2023/electricity.jpg)
Hydroelectric system allowed BC Hydro to meet record electricity demand
January 17, 2024
Before this new record was set, the previous record was 10,977 MW, set in December 2022.
![EIA: Solar and wind to lead U.S. generation growth for next two years](https://www.commoditymarketlive.com/uploads/news/2023/solar1.jpg)
EIA: Solar and wind to lead U.S. generation growth for next two years
January 17, 2024
Wind and solar developers often bring their projects online at the end of the calendar year, and the new capacity tends to affect generation growth trends for the following year.
![Statkraft announces plan to invest in Norwegian hydro and wind power](https://www.commoditymarketlive.com/uploads/news/2023/windenergy.jpg)
Statkraft announces plan to invest in Norwegian hydro and wind power
January 16, 2024
The increased power needs of the future in Norway will mainly be covered by new wind power
![Statkraft announces plan to invest in Norwegian hydro and wind power](https://www.commoditymarketlive.com/uploads/news/2023/windenergy.jpg)
Statkraft announces plan to invest in Norwegian hydro and wind power
January 16, 2024
The increased power needs of the future in Norway will mainly be covered by new wind power
![Good, better, BESS: How to build your battery energy storage system](https://www.commoditymarketlive.com/uploads/news/2023/battery.jpg)
Good, better, BESS: How to build your battery energy storage system
January 16, 2024
The scale of necessary infrastructure and the short timeline adopted for implementation call for swift and extensive enactment
![The IRA turns two this year. What’s working and what isn’t?](https://www.commoditymarketlive.com/uploads/news/2023/solar.jpg)
The IRA turns two this year. What’s working and what isn’t?
January 15, 2024
How effective are the incentives for boosting renewable energy projects and meeting climate goals?
![We need a lot more transmission. Here’s why it isn’t getting built](https://www.commoditymarketlive.com/uploads/news/2023/electricity.jpg)
We need a lot more transmission. Here’s why it isn’t getting built
January 15, 2024
The Era of Flat Power Demand is Over, cited forecasts from grid planners, who have doubled their five-year load growth forecasts in just the past year.
![A “postcard from the future,” Hawaii says aloha to “most advanced” BESS in the world](https://www.commoditymarketlive.com/uploads/news/2023/battery.jpg)
A “postcard from the future,” Hawaii says aloha to “most advanced” BESS in the world
January 12, 2024
No one has used batteries to provide such a diverse range of grid-forming services at this scale before in the world
![Global Renewable Energy Capacity Additions Jumped by Nearly 50% in 2023](https://www.commoditymarketlive.com/uploads/news/2023/electricity.jpg)
Global Renewable Energy Capacity Additions Jumped by Nearly 50% in 2023
January 11, 2024
Last year, China commissioned as much solar PV as the entire world did in 2022, while its wind additions jumped by 66% year-on-year
![NREL scenarios project huge growth in solar/wind, lower emissions, more tax credits](https://www.commoditymarketlive.com/uploads/news/2023/windenergy1.jpg)
NREL scenarios project huge growth in solar/wind, lower emissions, more tax credits
January 11, 2024
The Standard Scenarios is one of several annually updated NREL products designed to support decision-makers in the U.S. electricity sector.
![Carbon pollution is down in the US, but not fast enough to meet Biden’s 2030 goal, new report says](https://www.commoditymarketlive.com/uploads/news/2023/solar1.jpg)
Carbon pollution is down in the US, but not fast enough to meet Biden’s 2030 goal, new report says
January 11, 2024
Biden and congressional Democrats passed the most sweeping climate law in U.S. history in 2022
![Eversource to record up to $1.6 billion after-tax impairment charge amid divestment effort](https://www.commoditymarketlive.com/uploads/news/2023/windenergy1.jpg)
Eversource to record up to $1.6 billion after-tax impairment charge amid divestment effort
January 10, 2024
These negative impacts and other developments described below required Eversource to evaluate its offshore wind business investments for an other-than-temporary impairment.
![Nautilus accelerates Midwest expansion, acquires 75 MW of community solar in Illinois](https://www.commoditymarketlive.com/uploads/news/2023/solar.jpg)
Nautilus accelerates Midwest expansion, acquires 75 MW of community solar in Illinois
January 10, 2024
Nautilus currently operates and manages solar farms in 10 states and is responsible for financing, development, maintenance, and customer service over the lifetime of their projects.
![Gone with the wind? Tracking sunken U.S. offshore wind projects](https://www.commoditymarketlive.com/uploads/news/2023/windenergy.jpg)
Gone with the wind? Tracking sunken U.S. offshore wind projects
January 09, 2024
Common causes of cancellations include inflation and supply chain disruptions, caused in large part by the war in Ukraine
![Arcadia marks milestone, managing 2 GW community solar capacity](https://www.commoditymarketlive.com/uploads/news/2023/solar.jpg)
Arcadia marks milestone, managing 2 GW community solar capacity
January 09, 2024
As respective solar farms generate clean energy, Arcadia aims to ensure that enrolled customers automatically receive solar credits on their power bills for annual savings.