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Offshore Wind
South Korea Has Plan for $43 Billion Offshore Wind Farm
The South Korean government has announced a major part of the country’s effort to reduce reliance on fossil fuels. President Moon Jae-in on Feb. 5 attended a ceremony in which contracts were signed for a 48.5 trillion won ($43.2 billion) plan to build the world’s largest offshore wind farm by 2030, an installation that would […]
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Coal
Morgan Stanley: Coal-Fired Power Off U.S. Grid by 2033
A report from Morgan Stanley, a global wealth management company, said coal-fired power generation is likely to disappear from the U.S. power grid by 2033, largely displaced by renewable energy resources. The report published Feb. 1 said renewable energy such as solar and wind power will provide nearly 40% of U.S. electricity in 2030, and […]
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News
Siemens Will Cut 7,800 Jobs from Gas and Power
Siemens Energy announced it will cut 7,800 jobs from its gas and power division by 2025 as the company attempts to be more competitive in a global energy market that is moving away from fossil fuels and toward renewable energy. The company on Feb. 2 in its latest earnings release said it plans to jettison […]
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Nuclear
Hualong One Reactor Now Operating in China
The first of two new reactors at a nuclear power plant in China has entered commercial operation, becoming that country’s 50th operating reactor, according to the China Nuclear Energy Association (CNEA). Hualong One is a third-generation pressurized water reactor, developed by China National Nuclear Corp. (CNNC) and China General Nuclear Power. It is the fifth […]
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News
Using Data for Smarter Power Generation
Power plant operators continually search for ways to make electricity production and transmission more efficient. With more generation sources coming online, the use of artificial intelligence and machine
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News
Mini-Grids Making Electricity More Accessible
Mini-grids—smaller off-grid electricity distribution networks—are being recognized as a cost-effective solution to bring power to rural communities that often have no access to a traditional power grid
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Interview
The POWER Interview: The Importance of AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are becoming synonymous with the operation of power generation facilities. The increased digitization of power plants, from equipment to software, involves both thermal generation and renewable energy installations. Both AI and ML will be key elements for the design of future energy systems, supporting the growth of smart […]
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Interview
The POWER Interview: Climate Change and Renewable Energy in 2021
With the start of a new year comes new year resolutions, new campaigns, new administrations, new policy goals, and new initiatives. To kick off 2021, POWER talked with Jens Wolf, vice president and general manager of Europe at Enviva, a renewable energy company and the world’s largest producer of industrial wood pellets. Wolf has more […]
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Electric Vehicles
GM Has Plan to Make All Vehicles Electric
The electrification of the transportation sector has received a boost as General Motors (GM) said it “aspires” to exclusively offer electric vehicles (EVs) by 2035, ending production of its cars, trucks, and sport utility vehicles (SUVs) with diesel- and gasoline-powered engines. The company has said it wants to be carbon neutral by 2040 across its […]
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Nuclear
Costs Rise as Virus Delays Hinkley Nuclear Build
The developer of the Hinkley Point C nuclear power plant project said impacts from the coronavirus pandemic may delay construction of the new reactors by six months, and raise the project’s costs by nearly £500 million ($700 million). EDF Energy in a Jan. 27 update on the plant’s progress said the total cost for the […]
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