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State of Industry


How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia,...

Louisiana Industries Push for Faster Renewable Energy Transition

Louisiana, known for its robust oil and gas industry, is experiencing a significant shift as some of its largest industries express frustration over delays in the state’s renewable energy transition. These major players are pushing for accelerated development and implementation of renewable...

Transmission Towers in Demand

Study shows growth from now to 2020 Aging infrastructure and increased demand for power has amplified the demand for transmission towers. In their latest report ,“The Global Market for Electricity Towers and Poles 2014 to 2020”, StatPlan Energy, specialists in the electricity sector,...

Impact of Cutting Canada's Carbon Tax on Emissions and Climate Goals

Canada's carbon tax has long been a topic of debate. As the federal government implements and adjusts its policies to address climate change, the carbon tax has emerged as a central tool in reducing greenhouse gas emissions and fostering a transition to cleaner energy. However, recent discussions...

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...

Renewable Energy Job Creation Is a Better Bet Than Coal

When it comes to renewable energy job creation, the Trump administration would do well to take a fresh look at clean energy rather than focusing only on fossil fuels. The solar power sector employed twice as many workers in 2016 than power generation from coal, gas and oil combined, according to a...

State of Industry

DOE Grants $2.2B for Transmission and Storage Projects

In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding injection underscores the federal government’s commitment to advancing infrastructure that supports clean energy, enhances grid reliability, and facilitates the integration of renewable resources.

Overview of the Funding Initiative

The $2.2 billion...

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