power lines and wind turbines over a solar field at sunset

Electricity

Congress Just Extended the PTC and ITC: What You Need to Know

Late last week, Congress passed a bill that extends the Production Tax Credit (PTC) and Investment Tax Credit (ITC) that have benefited wind and solar, respectively. This is big news for the U.S. renewable energy industry. According to Bloomberg New Energy Finance, the net result could be 37…

Micropower’s Quiet Takeover

In a cover story and article 14 years ago about the emergent disruption of utilities, The Economist’s Vijay Vaitheeswaran coined the umbrella term “micropower” to mean sources of electricity that are relatively small, modular, mass-producible, quick-to-deploy, and hence rapidly scalable—the opposite of cathedral-like power plants that cost billions…