Business

America’s energy systems are being led by renewables development, both now and in the foreseeable future. There should be no real argument about what the future of our energy economy looks like. Not just because renewables bolster needed decarbonization efforts, but because renewables are a better economic solution and embody core principles of American entrepreneurism. […]

Vietnamese officials earlier this year said they want the country to more than double its power generation capacity by 2030, to as much as 130 GW from the current capacity of about 55 GW. The Communist Party

BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new

Costs for wind and solar power systems have been declining for years thanks to technology improvements, economies of scale, and fierce competition in auctions. In the second half of 2019, the levelized cost of

Milestone for First 700-MW Domestically Built Indian Nuclear Reactor. Unit 3 of the Kakrapar nuclear power plant in the Indian state of Gujarat—an indigenously designed 700-MW pressurized heavy water reactor

Aurelia Turbines, the producer of the most efficient small gas turbines in the world, has commenced deliveries by shipping its first turbine for commercial use. The Aurelia® A400 turbine was sent to a client from Aurelia’s factory in Lappeenranta, Finland. The Aurelia® A400 turbine is ideally suited for small-scale combined heat and power (CHP) generation […]

In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons. “Although we know in our heads that shutting down the uneconomic Illinois plants is necessary […]

Battelle Energy Alliance (BEA), the entity that manages Idaho National Laboratory (INL), has initiated contract negotiations with a team lead by Bechtel National Inc. (BNI) and supported by GE Hitachi Nuclear Energy (GEH) and Terra Power to back the design and build phase of the Department of Energy’s (DOE’s) Versatile Test Reactor (VTR).  The announcement […]

AUGUST 26, 2020 — The Investment Committee of Rosatom has approved the project of modernization of the experimental shop-floor for nuclear fuel fabrication at the site of the Siberian Chemical Combine (SCC), an enterprise of TVEL Fuel Company of Rosatom in Seversk, Tomsk region (West Siberia). This will enable SCC to manufacture fuel assemblies with […]

In a $5 billion deal, engineering and industrial software company AVEVA has agreed to acquire OSIsoft, maker of the PI System, which is a market-leading operational data software solution. “Combining AVEVA and OSIsoft is yet another significant milestone in our journey to achieving the ambitious growth goals that we have set,” Craig Hayman, CEO of […]