Business

One of the main criticisms of renewable energy facilities is that they are unable to dispatch electricity when it’s needed. The great game-changer is low-cost energy storage, which would enable renewable energy production to be stored and rapidly released when needed. Here are seven promising distributed energy storage technologies that could be commercialized in the near future.

Part II of this three-part series moves up the typical utility organization to consider important fleet-level fossil plant operating metrics. This portion of the EUCG-sponsored benchmarking survey found that utilities favor fleet-level metrics that are similar to plant-level metrics but assign them different priority. Utilities generally agreed on what were important metrics in the eight categories examined, although none were favored by a majority of the surveyed utilities.

GDF SUEZ, RWE, and Iberdrola Pull out of Cernavoda Nuclear Expansion. French power company GDF SUEZ, Germany’s RWE, and Spain’s Iberdrola on Jan. 20 said they would no longer participate in a project to build Units 3 and 4 of the Cernavoda nuclear project in Romania. The companies cited “economic and market uncertainties surrounding the […]

Canada’s extensive natural resources are the driver of its powerful economy, and energy is Canada’s single most important export. Yet policy makers across the nation are currently dealing with the consequences of a generation of under-investment in the electricity system and deciding what the new grid and supply mix should look like. Several provinces are competing to lead the charge in renewable energy and grid intelligence. Policy makers hope that such efforts will not only provide for Canada’s electricity needs but also create the green economy jobs that will drive the nation’s next generation of economic development.

The long-struggling uranium business, hoping that demand for nuclear fuel will increase, is slowly stretching its muscles and strengthening exploration and production efforts in the U.S. and elsewhere.

In the past, members of a utility’s engineering staff spent their career designing and building new power plants. Today, many utility engineers find that opportunity comes around only once in a career. To fill the experience gap, an “owner’s engineer” company can add to a utility’s team a cadre of highly qualified power engineers who focus on avoiding design errors and keeping the project on schedule.

The winter of 2010-2011 has been a cold one for financing renewable energy projects. That’s the weather report from a recent project financing meeting in New Orleans, a survey of developers and builders done by a large Minnesota construction company, and accounts from those in the financial trenches.

How does your company prepare and share fossil plant performance data? What data are important, and how much effort is required to collect and report the data? What are the most important statistics for reporting key fossil plant operations? The latest EUCG benchmarking survey reveals the favored fossil performance metrics at several of the largest utilities in eight key categories.

Don’t get fixated on the Environmental Protection Agency’s moves against carbon dioxide. The real action is in the area of conventional air pollutants.

As U.S. electric utilities watch increasing numbers of older workers leave the workforce, they are left with a shrinking pool of experienced personnel. To meet this growing challenge, a number of educational programs are being offered to help younger workers take advantage of career opportunities in the electric power industry.

While the cybersecurity threat escalates asymmetrically, federal agencies may be shortchanging cybersecurity while developing smart grid standards designed to protect the emerging smart grid from attack.

Critical minerals—such as rare earth metals—are important to many new energy technologies. However, the U.S. Department of Energy is concerned that foreign control of supply, particularly by China, could limit the ability of these technologies to develop fully, so the DOE is developing a strategy to keep the supply chain open. Meanwhile, some analysts say China is playing a losing game with its hold on the minerals.

We’ve heard—endlessly, it seems at times—about "peak oil," the idea that the world is rapidly running out of oil and will face catastrophic consequences. Now talk is emerging about "peak coal."

The 2009 blockbuster movie 2012 about a global cataclysm combined Hollywood special effects with supposed predictions by Nostradamus; a Mayan calendar that ends on December 21, 2012; and a very rare planetary alignment that supposedly occurs on the same day. Hollywood producers seldom let technical accuracy get in the way of a good story, but suppose, this one time, the story has an element of truth.

MHI to Continue Pre-Construction Work for North Anna Unit. Mitsubishi Heavy Industries Ltd. (MHI), through Mitsubishi Nuclear Energy Systems Inc., and Dominion subsidiary Virginia Electric and Power Co. on Dec. 27 said they had reached an agreement to continue pre-construction, engineering, and planning work in preparation for a third unit at Dominion’s North Anna Nuclear […]

Although it doesn’t get much attention, the world’s first and largest source of renewable electricity, water power, is still a major player on the world stage. Though viewed as politically incorrect by some folks, mostly in the developed world, and despite its well-known environmental impacts, using water to turn turbines to generate electricity represents an attractive way to generate electricity with no fuel costs, even in the U.S. Here’s what’s being talked about in the U.S., India, Turkey, Nigeria, and China.

Despite high-powered congressional legislation in 2005, the U.S. is still unable to site high-voltage interstate transmission lines in a timely fashion. Two new reports suggest ways out of the gridlock.

Uranium remains plentiful around the world, says a new resource study from MIT, obviating the need to "close" the nuclear fuel cycle by reprocessing and developing breeder reactors.

Given cloud computing’s potential to lower operating costs and increase flexibility, it’s no wonder that it is on the cusp of sending the corporate world into a paradigm shift.

The process of banking allowances under the existing schemes for creating markets for pollution reductions has created a set of difficult problems as those programs have changed, wiping out significant value from the allowances.

As mergers and acquisitions in the power sector heat up again, questions arise about how employee benefits are affected by these complex business deals.

Paul Browning, vice president, thermal products for GE Power & Water, sees the greatest short-term business opportunities beyond the U.S., in “high-speed” countries.

Utilities have achieved success by supplying electricity from central station plants (the supply side) to a grid that carries electricity to customers (the demand side). One way to improve the efficiency of this supply chain is by adopting smart grid technology. The weak link in that chain is convincing customers to use, and regulators to invest in, the smart grid.

Bill Newsom—vice president, sales & marketing, Mitsubishi Power Systems Americas Inc.—talks about taking the long view with the company’s U.S. investments.

Dr. Michael Weinhold, chief technology officer of Siemens Energy, discusses the company’s 2011 business plans and the role of the smart grid in the future’s energy infrastructure.

The concept of a smart grid may have been born in the U.S.A., but it’s hitting an adolescent growth spurt just about everywhere else first. Meanwhile, in the U.S., both the regulators and companies that see great potential in a smarter grid are realizing that making substantial smart grid progress will first require making both people and policies smarter. There’s one exception, one piece of the smart grid, that could face fewer obstacles to adoption, and that’s because it offers more obvious and visible benefits to its users: electric vehicles (EVs).

TANE and Shaw to Provide EPC Services for South Texas Expansion. Nuclear Innovation North America LLC (NINA), the nuclear development company jointly owned by NRG Energy and Toshiba Corp., on Nov. 29 announced that it awarded the engineering, procurement, and construction (EPC) contract for South Texas Projects Units 3 and 4 to a restructured EPC […]

Though electricity generation has entered a key period of transition—as investment shifts to low-carbon technologies—world electricity demand is set to grow faster than any other “final form of energy,” the International Energy Agency (IEA) says in its latest annual World Energy Outlook.

Timothy Curran, head of power for Alstom Power, USA, recently shared his company’s view of 2011 and beyond with POWER’s editor-in-chief.

Experts have decried congressional and academic reliance on a mathematical model for understanding complex systems that suggests an attack on a small part of the U.S. power grid could disrupt the entire power system network.