After more than three decades, Romania is set to mark a significant milestone in its energy sector with the inauguration of the Răstolița hydropower plant in Mureș County, scheduled for completion in 2025. This 30-megawatt plant represents the country’s first new hydropower installation in over 34 y
January 14, 2025The U.S. Treasury has recently finalized its guidance on the technology-neutral 45Y and 48E clean electricity tax credits, which are part of the Inflation Reduction Act, shifting significantly from the previous 45 production tax credit and 48 investment tax credit. These newly implemented credits,
January 10, 2025The construction of a hydropower plant in southeastern Oklahoma, proposed by Southeast Oklahoma Power Corporation (SEOPC), is facing substantial opposition from various factions, including local residents, tribal leaders, state officials, lawmakers, and members of Oklahoma’s congressional d
December 30, 2024Hydroelectric power has long been a cornerstone of renewable energy, providing a significant portion of the world's electricity. Despite its importance, the potential for new hydroelectric projects in regions like North America and Europe is limited. This article explores the innovative
December 13, 2024Recent events have highlighted a critical intersection between climate change and hydroelectric power generation in Canada, leading to significant economic repercussions. Prolonged drought conditions, which are becoming increasingly common due to shifting weather patterns, have dramatically
November 8, 2024In a significant move towards a cleaner energy future, the North Carolina Utilities Commission (NCUC) has approved an ambitious integrated resource plan (IRP) for Duke Energy Progress and Duke Energy Carolinas. This plan, proposed in August, aims to balance energy reliability with substantial
November 6, 2024