Business

When reflecting on recent years, the exacerbating climate crisis has resulted in a paradigm shift where attitudes and actions are concerned. Rather than being a subject of ongoing debate and divided opinions, global warming has instigated radical reform throughout Middle Eastern society, inspiring nations to introduce abatement imperatives, enact meaningful change, and embark on a […]

Germany’s government is weighing how the closure of the country’s last three nuclear power plants in December 2022 will affect its grid this upcoming winter as the country scrambles to secure sufficient energy supplies amid a decline in Russian gas deliveries. A formal decision on whether or not to keep  Isar 2, Emsland, and Neckarwestheim […]

Entergy Corp.’s chairman and CEO Leo P. Denault will retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer. Denault, 62, was appointed Entergy’s chairman and CEO in 2013, taking over […]

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

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 than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]

For decades, gas-insulated substations (GIS) have been used primarily in densely populated metropolitan areas. They take up only 10% of the footprint of outdoor or air-insulated substations and provide reliable medium- and low-voltage service where space needed to service areas for industrial locations, hospitals, and housing may be limited. However, as rural environments become desirable […]

HOUSTON, Texas — Burns & McDonnell has been selected to provide engineer-procure-construct (EPC) services for project Texas Waves II, a 30-MW/30-MWh lithium-ion stand-alone battery energy storage system (BESS) in Scurry County, Texas. This battery system will make a meaningful contribution to grid reliability by providing the system operator a backup for lost generation. Additionally, the system […]

OPM Production Planning can help to ensure secure, stable power while maximizing margins and managing risk with accurate capacity predictions and decision support Software also helps Ignitis Gamyba to automate data transmission for more optimal planning of natural gas procurement and process organization SAN RAMON, Calif. – AUGUST 9, 2022 —  GE Digital today announced that […]

August 9, 2022 – Framatome announced it has been selected by a U.S. utility to provide a wide range neutron flux monitoring system at a South Carolina nuclear plant. The company will provide the system to all three units of the plant along with a spare system. The project will help enable owners of the […]

JOHNSTON, R.I., USA—Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive approximately US$300 million in a first-of-its-kind ‘resilience credit,’ providing them with additional means to invest in climate resilience solutions. The credit has the potential to help those organizations reduce total loss expectancies […]