Business

Energy services businesses are poised to benefit from an unprecedented amount of government support for energy infrastructure. However, choppy waters lie ahead as business models and market conditions evolve

To secure federal funding, developers must navigate various financing and investment options related to grid resiliency and modernization, transmission deployment, and critical electric generation facilities. Responding to funding demands, however, can pose significant challenges. Balancing early-stage project commitments with application requirements blurs the line between speculating about long-term project details, being non-responsive, and making costly […]

The chemicals and water present in power generation plants can have a corrosive effect on metal. Integrating fiber-reinforced polymer (FRP) into power plants can help reduce downtime due to maintenance. Power generation plants almost have “too much of a good thing.” The demand for power in the U.S. alone has skyrocketed in the last few […]

The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]

BWXT Technologies has won a contract from the National Nuclear Security Administration (NNSA) to evaluate options for deploying a centrifuge pilot plant that could establish a new domestic uranium enrichment capability suitable for national security purposes. The Lynchburg, Virginia–based company on Aug. 26 said the NNSA contract would kick off a yearlong engineering study as […]

The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $150 million for the public power utility’s $200 million New Nuclear Program to boost continued design work and development of potential small modular reactors (SMRs) at TVA’s Clinch River site near Oak Ridge, Tennessee. The combined $350 million funding for the project will […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]

Sage Geosystems will build a first-of-its-kind 3-MW geothermal baseload power and energy storage system on land owned by San Miguel Electric Cooperative (SMECI) in Christine, Texas. The company plans to begin operating the project later this year to supply the Electric Reliability Council of Texas (ERCOT) grid. The project will mark the first commercial-scale deployment […]

The Dell name is synonymous with technology and innovation, so perhaps it’s not surprising that a member of that famous computing family is working to solve the challenge of making electricity more reliable and resilient. The technology is distributed batteries, in this case a battery for the home that supports the power grid during periods […]

A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]

The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]

Fuel cells are not some novel new technology. In fact, most history books credit the invention of the fuel cell to Welsh chemist and physicist William Grove, who, in the late 1830s and early 1840s, conducted experiments proving that electric current could be produced from an electrochemical reaction between hydrogen and oxygen over a platinum […]

Stockpiles of fuel at U.S. coal-fired electric plants are at their highest levels since the start of the pandemic. The U.S. Energy Information Administration (EIA) on August 5 said coal stockpiles totaled 138 million short tons at the end of May, the most since the early months of 2020 when the start of the COVID-19 […]

India’s Atomic Energy Regulatory Board (AERB) will allow the country’s flagship 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) in Kalpakkam, Tamil Nadu, to approach criticality. The nuclear energy safety watchdog on July 30 granted state-owned Bharatiya Nabhikiya Vidyut Nigam Ltd. (BHAVINI) permission to embark on the final stage of core loading following assessments, extensive safety reviews, and plant […]

Through its innovative virtual power plant (VPP), Arizona Public Service (APS) harnessed smart home devices to save 138 MW during a historic heatwave, shifting peak demand and proving critical for grid

A marvel of modern engineering, Viking Link—the world’s longest onshore and subsea interconnector—began commercial operations in December 2023. The project garners POWER’s inaugural Transmission and

Managers know that valves are important to plant operation. That’s why keeping them in top condition is a priority. Upgrading to advanced valve designs and reducing stress on valve materials are just a

Combined cycle gas turbine (CCGT) power plants started appearing on a larger scale in the late 1990s and have since then been a very efficient supplier of baseload and lately peaking capacity to the power grids. The U.S. Energy Information Administration (EIA) recently reported that natural gas–fired capacity additions are increasing in the U.S. again […]

To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, with the development of solar photovoltaics (PV) playing a crucial role. Additionally, the comprehensive electrification of combustion engine vehicles is an indispensable measure for reducing […]

Malaysia Slightly Moves Up Timeframe for Coal Phaseout. Malaysia will halve its coal use by 2035 and phase out coal generation by 2044, slightly earlier than previously anticipated by the country’s National

Sustainable municipal waste management solutions often involve waste-to-energy plants that can produce electricity while also providing steam to district heating systems. Efficient steam turbines are important

Power companies understand the importance of safety and incorporate many safeguards into plant designs. Yet, the materials used in these defenses also matter, and fiberglass-reinforced polymer (FRP) is an

Using voltage data down to the consumer level is essential for grid optimisation and operational flexibility in the new era of intermittent generation and fast-changing user demand. Power grids were designed

There is an urgent need for accurate and efficient emissions monitoring technologies to ensure air pollution is adequately controlled. Infrared spectroscopy and precision infrared filters play a critical role

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]

As governments adapt to ongoing clean energy goals, such as the Paris Agreement, green technologies have become more important than ever. The U.S. government has confirmed such goals, striving to implement 100% carbon pollution-free electricity by 2035 and achieve net-zero emissions by 2050. We are further seeing demand for critical minerals for these green technologies grow, as copper, zinc, […]

This month, Virginia Gov. Glenn Youngkin and the Commonwealth’s largest utility, Dominion Energy, announced a request for proposal (RFP) for the development and construction of an advanced nuclear small modular reactor (SMR), and the governor signed Senate Bill 454 designed to facilitate the research, design, construction, and deployment of what will be America’s first commercial […]

The urgency for an energy transition has never been more critical. Climate change, air pollution, resilience, and national security concerns make it clear that minor adjustments to our energy system are no longer sufficient. We must revolutionize the 150-year-old electrical grid, transforming it into a robust energy ecosystem capable of meeting today’s demands and the […]

Former U.S. Sen. Mary Landrieu (D-La.), who is now a senior policy advisor for the law firm Van Ness Feldman and co-chair of the Natural Allies Leadership Council, is keen on natural gas and believes it is part of the solution to reaching both domestic and global climate goals. “Natural gas in America is not […]

A Kentucky-based group has announced plans to build a 6-GW fleet of nuclear power stations in the U.S., looking to take advantage of bipartisan support for nuclear technology and the need to build more baseload, zero-carbon sources of energy. The Nuclear Company, headquartered in Lexington, said its business model would lean on “proven, licensed technology […]