A project known as Netzbooster, or Grid Booster, is being deployed in Germany, designed to improve the efficiency of the country’s existing power grid infrastructure. Fluence Energy GmbH, a subsidiary of

Poland continues to move forward with its plan to deploy nuclear power, choosing U.S.-based Westinghouse Electric Co. to build the country’s first large-scale nuclear power plant. The decision, announced late Oct. 28 by Polish Prime Minister Mateusz Morawiecki, is seen as a move by Poland to strengthen its relationship with the U.S. and continue moving […]

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

The Canadian government has pledged more financing toward development of a grid-scale small modular reactor (SMR), as the country continues to support nuclear power as a way to cut emissions of greenhouse gases from its power generation sector. Natural Resources Minister Jonathan Wilkinson on Oct. 25 said C$970 million ($708 million) is targeted for a […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 19, 2022 U.S. Announces First Sale of Rights for California Offshore Wind Development The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would […]

The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would hold the event on Dec. 6, in an effort to spur industry growth in the waters of the Pacific Ocean. The agency said the sale will include […]

British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG). BP on Oct. 17 said it was buying Houston, Texas-based Archaea Energy for $3.3 billion in cash, or $26 a share, along with $800 million for […]

A new report from a business group that supports development of U.S. offshore wind projects details several factors that it says will contribute to a “historic expansion” of the technology over the next several years. The Business Network for Offshore Wind’s inaugural “Offshore Wind Quarterly Market Report,” released Oct. 13, highlights how recent government actions […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 12, 2022 Thailand Starts Up First of Two Giant 2.7-GW Natural Gas-Fired Combined Cycle Power Plants Mitsubishi Power has declared complete a 2,650-MW natural gas–fired power plant in Chonburi province, Thailand, delivering its four M701JAC power trains to the plant’s joint owners […]

A new 16-GW hydropower project in China and a 9-GW plant in Indonesia are among several projects being highlighted as part of Global Hydropower Day, being celebrated Oct. 11 as the hydro sector notes the importance of the technology to the world’s power generation. The Baihetan Hydropower Station in China is being developed by Jinsha […]