Business

In an era defined by rapid electrification, the widespread adoption of renewable energy sources, and sweeping digital transformation, the energy sector stands on the brink of profound change. As we cast our sights on 2050, utilities grapple with the colossal task of scaling up to meet burgeoning energy demands and reshaping their operations to be […]

It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th century, often providing more than half of the country’s electricity supply, fell to about 16.2% of the mix in 2023. Meanwhile, the U.S. solar market […]

Representatives from the Japanese technology company Asahi Kasei and its partners including the Japanese government recently celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan. Asahi Kasei said the trial operation of four 0.8 MW modules at the site (Figure 1) is another milestone toward the realization of a commercial multi-module […]

James Carville famously advised Bill Clinton that regarding elections, “it’s the economy, stupid.” This message has resonated with all presidential candidates since. So, it is no surprise that as the 2024 election approaches, President Biden appears to be banking on $1.6 trillion in new spending—much of it infrastructure spending—to stimulate economic growth. These funds have […]

An independent power producer and a major electric cooperative—both based in Tennessee—have announced an agreement to partner on a utility-scale solar power installation to serve customers in that region. Nashville-based Silicon Ranch, which specializes in solar energy, agrivoltaics, and carbon solutions, is joining with Middle Tennessee Electric (MTE) to support the 110-MW Copeland Solar Farm […]

More than two dozen states and a handful of trade groups filed separate lawsuits in the U.S. Court of Appeals for the D.C. Circuit, challenging parts of the Environmental Protection Agency’s (EPA’s) suite of new final environmental regulations targeting fossil-fired power plants. The challenges respond to the publication in the Federal Register on May 9 […]

California regulators have denied Pacific Gas & Electric’s (PG&E’s) plan to sell a multibillion-dollar stake in the utility’s power generation fleet to a New York-based investment firm. Oakland-based PG&E, which has been seeking to raise money for future operations and to help recover from financial losses due to a series of California wildfires, wanted regulatory […]

British officials said the UK government will invest about £200 million (more than $251 million) for a project to build Europe’s first production facility for high-assay, low-enriched uranium (HALEU). Officials have said the fuel will be needed to supply the coming generation of nuclear power, including advanced nuclear reactors. Britain has said it wants to […]

High-burnup fuel rods, manufactured by GE Vernova’s Nuclear Fuel business, Global Nuclear Fuel (GNF), have been delivered to the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) for examination after commercial operation. The rods completed three full cycles of operation at a U.S. nuclear power plant. “This shipment of these rods is another […]

It’s no secret that power grids around the world need to expand to accommodate more renewable energy and the so-called “electrification of everything.” The latter, of course, refers to the growing trend of using electricity to power various sectors and applications that have traditionally relied on fossil fuels, such as natural gas or petroleum-based products. […]

Enhancements will enable research into the physics of advanced fusion reactors and accelerate the drive to commercial fusion energy. The DIII-D National Fusion Facility has completed a series of important enhancements, providing researchers with several first-of-a-kind tools for controlling and understanding the function of fusion plasmas. These upgrades will further strengthen DIII-D’s standing as one […]

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

An executive with the TC Energy, a group that is among the largest operators of natural gas pipelines in North America, said electricity demand from energy-intensive data centers will support an increased need for the fuel in the coming years. Stanley Chapman, executive vice president and COO of Calgary, Alberta-based TC Energy, in a May […]

When I first considered moving to San Luis Obispo, California, I learned of the nearby Diablo Canyon nuclear power plant, and almost subscribed to a “not in my backyard” syndrome. But our power grids are strained by many things—including a computing revolution driven by artificial intelligence (AI), causing server stacks in data centers to consume […]

The U.S. Senate on April 30 passed—by unanimous consent—a bill to ban imports of unirradiated low-enriched uranium (LEU) produced in Russia. The bill now heads to the president’s desk for signature into law. The Senate passed the Prohibiting Russian Uranium Imports Act (H.R. 1042), which the House of Representatives passed (also by unanimous consent) by […]

The U.S. was one of the world leaders in solar equipment manufacturing a few decades ago, but then the Chinese stole the show. Now, however, American companies are finding a lot of new opportunities as a

The shift to clean energy is triggering growing concerns about the sustainability, resilience, and integration of the power sector’s complex supply chains. Here are five trends to watch. The power sector’s

Japanese firms JERA and IHI Corp. have launched the world’s first large-volume fuel ammonia demonstration testing at JERA’s 1-GW Unit 4 of its 4.1-GW Hekinan Thermal Power Station in Aichi Prefecture

The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. It was the industry’s

Energy transition is the “new normal” (or the only way forward in some peoples’ minds), which aims to reduce emission levels through various forms of decarbonization. Some of the key drivers are increased penetration of renewable energy into the energy supply mix and battery energy storage systems. While these measures contribute incrementally to decarbonization, the […]

How can a utility, or any organization for that matter, prepare for the unexpected, especially when it comes to the volatility of weather? This question is increasingly coming to the forefront of risk

Transformational changes in the energy space will need to occur to meet the current global community’s decarbonization and climate protection commitments. Low-carbon-intensity hydrogen could provide valuable

Louisville Gas and Electric Co. and Kentucky Utilities Co. (LG&E and KU) will replace two aging coal generation units at Mill Creek Generating Station in Kentucky—a combined 600 MW—with a 645-MW GE Vernova hydrogen-ready 7HA.03 gas turbine. GE Vernova announced the order for the heavy-duty gas turbine—the most advanced of its HA-class models—from the two […]

California utility Pacific Gas & Electric (PG&E) said the company is nearing a deal to sell power generation assets to KKR, a New York City-based global investment firm that has holdings in several business sectors, including energy and infrastructure. PG&E has been seeking money to pay for wildfire mitigation work across its service territory, and […]

GE Hitachi Nuclear Energy (GEH) is forming a group of qualified supply chain companies to help ensure the deployment of its BWRX-300 small nuclear modular reactor (SMR). The move comes as power companies vie for components amidst a supply chain strain that has led some sectors to delay critical infrastructure projects and ramped up competition […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The road was long and the challenges difficult, but Plant Vogtle is now the largest nuclear power plant in the U.S., as Unit 4 was declared commercially operational on April 29. With four units now available, Plant Vogtle has the capacity to generate a total of about 4,664 MW of electricity. “The completion of the […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

In an unprecedented move, the U.S. Environmental Protection Agency (EPA) on April 25 simultaneously finalized four major environmental rules covering greenhouse gases (GHG), air toxics, wastewater discharges, and coal combustion residuals from fossil fuel-fired power plants. Among the rules is the EPA’s final Carbon Pollution Standards, which marks the agency’s third attempt to broadly curb […]

Have you heard about the cobra effect? During the colonial era, Delhi had a major cobra issue. The then-British government announced a bounty for dead cobras to reduce the number of snakes on the streets. Entrepreneurial spirits rose as people started breeding cobras and offered a dead one on the bounty. Money given on bounty […]