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Power
Southern Company Cuts Its Cost Forecast for Vogtle Expansion, Provides Update on Project
In its third quarter 2022 earnings call presentation, Southern Company reduced its “Total project capital cost forecast” for Vogtle Units 3 and 4 to $10.383 billion from $10.453 billion, which is what it had reported in the company’s second quarter 2022 earnings call presentation. The company’s cost estimate reduction doesn’t mean that total project costs […]
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Management
A Pillar in the Community and Collaborator Around the World: DLC Powers Pittsburgh
The Duquesne Light Co. (DLC) may not be among the best-known electric power companies in the U.S., but for its customers in Allegheny and Beaver counties in southwestern Pennsylvania, the company has been a steady presence in the community for more than a century. “We are a Pittsburgh-based utility company. We’ve been in operation for […]
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O&M
Ukraine Grid Operator Issues Call for Help, Needs Equipment to Keep Lights On
DTEK, a diversified energy company that generates and distributes electricity in Ukraine, issued a call to “Western partners” for the immediate supply of various pieces of electrical equipment to restore power in its service territory. Russian missile attacks on DTEK energy facilities on Oct. 18 killed at least one employee and injured at least seven […]
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Best of POWER—October 17, 2022
POWER Magazine Jobs White Papers Webinars Events Store October 17, 2022 Carbon Capture Begins at India’s Largest Coal Power Plant India’s largest coal-fired power plant, NTPC’s 4.8-GW Vindhyachal Super Thermal Power Station, has begun capturing carbon dioxide (CO2) from plant flue gas as part of a foundational project to explore… […]
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Nuclear
Canada’s OPG and Czech Republic’s ČEZ Partner to Advance SMR and Other Nuclear Technology
Ontario Power Generation (OPG) and Czech Republic-based ČEZ are collaborating to advance deployment of nuclear technology, including small modular reactors (SMRs). The companies said they signed a memorandum of understanding (MOU) on Oct. 11, with an aim to “reduce financial, technical and schedule risk to both parties on their respective future projects.” OPG is Ontario’s […]
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Nuclear
Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier
A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]
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Business
How Bitcoin Mining Can Help Power Companies Optimize Generation Assets
Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]
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COAL POWER Direct—October 5, 2022
POWER Magazine Jobs White Papers Webinars Events Store October 5, 2022 Carbon Capture Begins at India’s Largest Coal Power Plant India’s largest coal-fired power plant, NTPC’s 4.8-GW Vindhyachal Super Thermal Power Station, has begun capturing carbon dioxide (CO2) from plant flue gas as part of a foundational project to explore… […]
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News
Fun in the Sun: Cane Island Is a Central Florida Treasure
You must be a power guy or gal to consider a generating station an attraction. If you are, you won’t find a better place to visit than the Cane Island Power Park. The facility is in a picturesque location
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O&M
Rental Boilers Fill Process Steam Gaps During Crucial Production Periods
Whether you need to do maintenance or are having trouble with a permanently installed boiler at your plant, or you’re finding your regular equipment just can’t keep up with an increase in demand, a rental
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History
A Legacy of Quality Reporting: POWER Turns 140
POWER magazine is celebrating its 140th anniversary this month. All I can say is “Wow! What an incredible run!”; And, it’s not over yet—we plan to continue putting out a top-notch publication
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History
Past, Present, and Future: A Look at Where POWER’s Been and Where It’s Headed
October 2022 marks the 140th anniversary of POWER magazine. It’s obviously a notable achievement. There aren’t many magazines of any type that have been in continuous print for as long as POWER, and even fewer in the B2B (business-to-business) media space. Our staff is incredibly proud of the accomplishment. The Past POWER’s mission has always […]
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Gas
Four Important Ways Aero-Derivative Gas Turbines Are Being Utilized in Power Systems
Aero-derivative gas turbines are widely used in the power industry. As the name implies, aero-derivative gas turbines evolved from innovations to proven technologies used in airplane jet engines. These gas turbines provide anywhere from 30 MW to 140 MW of efficient, reliable power, and deliver operational savings to energy providers worldwide. According to Harsh Shah, […]
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Best of POWER—September 26, 2022
POWER Magazine Jobs White Papers Webinars Events Store September 26, 2022 Oxford Group: Decarbonizing Energy Would Save $12 Trillion A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels… Sponsored […]
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Gas
The Energy Conundrum: Decarbonizing the Power Supply While Maintaining Reliable and Affordable Electricity
Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially […]
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Best of POWER—September 12, 2022
POWER Magazine Jobs White Papers Webinars Events Store September 12, 2022 DOE Backs Carbon Capture Development at Two Major Gas-Fired Power Plants Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% […]
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Energy Storage
Energy Storage Projects in New York and Texas Get Boost
New York Gov. Kathy Hochul announced on Sept. 8 that $16.6 million had been awarded to five long-duration energy storage projects in her state. She also said an additional $17 million in competitive funding was available for projects that “advance development and demonstration of scalable innovative long-duration energy storage technologies, including hydrogen.” Meanwhile, Qcells USA […]
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Solar
Why the Solar Market Is Down and Why It’s Poised for a Comeback
The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]
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COAL POWER Direct—September 7, 2022
POWER Magazine Jobs White Papers Webinars Events Store September 7, 2022 California Declares Stage 3 Emergency Alert, Warns Rotating Outages Possible California’s grid operator issued a Stage 3 energy emergency alert (EEA) at 5:17 p.m. PST on Sept. 6, warning it would order rotating power outages to lower soaring power […]
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Nuclear
You’ve Heard of Offshore Wind; Now, Offshore Nuclear Is a Thing
CORE POWER announced that it and its partners, the MIT Energy Initiative and the Idaho National Laboratory, were granted funding by the U.S. Department of Energy’s (DOE’s) Nuclear Energy University Program (NEUP) for a three-year study into the development of offshore floating nuclear power generation in the U.S. “It is an important step forward for […]
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Hydro
TVA Successfully Completes a Dam Safety Modification Project for the Ages
When a sinkhole was discovered near the base of the Boone Dam embankment, the Tennessee Valley Authority’s dam safety engineers went to work determining the best fix. The complexity of the work and quality
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Wind
Western Spirit Sets the Standard for Large-Scale Wind Power Projects
With a capacity of more than 1,050 MW, Western Spirit Wind farm is the largest wind power project ever constructed as a single phase in the Americas. The project, which was completed in roughly a year in spite
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Gas
How One Fossil Fuel Is Poised for Growth as the World Transitions to Net Zero
Most power companies have carbon reduction goals. Often, reaching those goals involves transitioning from coal-fired generation to renewable energy such as solar and wind. However, it’s not always practical
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Best of POWER—Aug. 29, 2022
POWER Magazine Jobs White Papers Webinars Events Store August 29, 2022 Biden Signs Bill to Transform U.S. Energy, Combat Climate Change President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal […]
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Gas
U.S.’s Natural Gas-Fired Power Plants Set Daily Production Records in July Despite High Fuel Prices
The U.S. Energy Information Administration (EIA) reported that electricity generated by natural gas–fired power plants in the lower 48 states reached 6.37 TWh on July 21, setting a new record high for a day. In fact, the previous high, set on July 27, 2020, was broken three times during that week in July, first on […]
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T&D
Operating Energy Systems in a War-Torn Country: DTEK Prepares for Winter
While much of the world lives life as usual, DTEK—the largest private investor in Ukraine’s energy sector—is focused on providing reliable service amidst war and uncertainty. “Today, the major topic for us is to provide stability in durations of electricity sector in Ukraine and also do everything possible to prepare for winter season,” DTEK CEO […]
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POWERnews—Aug. 18, 2022
POWER Magazine Jobs White Papers Webinars Events Store August 18, 2022 Biden Signs Bill to Transform U.S. Energy, Combat Climate Change President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal […]
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Best of POWER—August 15, 2022
POWER Magazine Jobs White Papers Webinars Events Store August 15, 2022 U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more […]
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Wind
How to Overcome Challenges to the U.S.’s Offshore Wind Energy Goals
Lofty goals have been established in the U.S. for the offshore wind industry. The U.S. Department of Energy, Department of the Interior, and Department of Commerce announced a national goal in March 2021 to deploy 30 GW of offshore wind capacity by 2030. That would mark a significant increase from the 42 MW of offshore […]
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Nuclear
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants. The news is particularly troubling as several European nations struggle to cope with an energy crisis caused by gas cuts made by Russia in retaliation against sanctions placed on it due to […]