Decarbonization, decentralization driving power industry

POWER MAGAZINE | “Flexibility is vitally important to power plants these days. Most power generators are searching for ways to shorten startup times, increase ramp rates, reduce minimum load capability, and shorten minimum uptime and runtimes to accommodate for variable renewable energy resources,” Larson said.

Patel noted the power industry has embarked on multiple transitions, but that the current transition is unique because it is based on the elimination of carbon. Driven by a global imperative to limit warming to 1.5 degrees Celsius above preindustrial levels, nearly 60 parent investor owned utilities in the U.S. had emission reduction targets. More than 20 companies have said they will seek to achieve net-zero carbon emissions by 2050, she said.

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