Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing…
Markets
I have long been a supporter of nuclear power. I’ll admit I’m biased, having spent 13 years in the U.S. Navy’s nuclear power program and having worked for several more…
The power sector has been evolving for years and technology has been instrumental in the change. Today, asset performance management and predictive maintenance tools can help power companies avoid outages,…
Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks…
American Electric Power (AEP) is shedding its Kentucky-based assets—including its longstanding regulated utility Kentucky Power and transmission business AEP Kentucky Transco—to better position itself to invest in projects that will…
The seven major organized electricity markets scattered across the U.S. account for roughly two-thirds of all power generated in the country. Most of these markets are made up of Independent…
Palo Verde Generating Station, a 4-GW nuclear power plant in Arizona, is gearing up to produce hydrogen from a low-temperature electrolysis (LTE) system, and that hydrogen will then be used…
Consumers today want their utilities to provide an experience like any other service provider, offering the same control and transparency. User-friendly smart meter technology has allowed consumers to play a…
Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are…
The Energy Information Administration’s (EIA’s) June 2021 electric generator inventory suggests 260 battery energy storage systems (BESSs) are now operational in the U.S., representing a total nameplate capacity of 2,673…