A major scandal has rocked the energy industry as the Federal Energy Regulatory Commission (FERC) has sanctioned a substantial penalty on American Efficient, amounting to a staggering $722 million and additionally mandated the return of $253 million in unjust profits. The penalties stem from the
December 18, 2024The journey towards clean energy has been a challenging yet rewarding endeavor for many states and communities. Despite federal setbacks and transitions in political leadership, local actions have proven to be a powerful force in driving climate progress. Darren Springer, the general manager at
December 17, 2024In a move to meet the escalating demand for AI technologies while focusing on sustainability, Schneider Electric has unveiled innovative data center solutions aimed at improving energy efficiency and environmental performance. Partnering with NVIDIA, the company introduced a liquid-cooled,
December 17, 2024In a significant push towards sustainable energy solutions, the U.S. Department of Energy (DOE) is committing over $35 million to fund the construction of five community-scale geothermal heating and cooling systems. These pioneering projects are strategically located in Chicago, Illinois; Ann
December 16, 2024The U.S. energy storage market is experiencing a remarkable surge, setting groundbreaking deployment records in the third quarter of 2024. This surge is driven by significant increases in both grid-scale and residential energy storage installations, with Texas and California leading the charge. The
December 14, 2024The transition to renewable energy is a critical step in combating climate change and meeting the Paris Agreement targets. However, the intermittency of renewable sources like wind and solar power poses significant challenges. Wärtsilä’s "Crossroads to Net Zero" report explores the pot
December 13, 2024