Business

  • Nuclear Supply Chain for the BWRX-300 SMR Takes Shape

    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 […]

  • Planning for ‘Flip Dates’ in Tax Equity Partnerships

    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, […]

  • Vogtle Unit 4 Achieves Commercial Operation, Now Largest Nuclear Power Plant in the U.S.

    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 POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy

    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 […]

  • EPA Unleashes Four-Pronged Assault on Fossil Fuel Power Pollution

    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 […]

  • The Cobra Effect of Fly Ash from Coal Power Plants in India

    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 […]

  • Navigating the Interconnection Queue Is One of Many Challenges Clean-Energy Projects Face

    There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent system operator (ISO) in the U.S. has a significant backlog in its GIQ and processing interconnection requests can take years to complete. This has created […]

  • South Korean Nuclear Power Plant Will Assess Feasibility of Medical Isotope Production

    Framatome and Korea Hydro & Nuclear Power (KHNP) have signed a memorandum of understanding (MoU) to demonstrate the feasibility of producing non-carrier added lutetium-177, a medical isotope used for a variety of lifesaving cancer treatments, at the Wolsong nuclear power plant in South Korea. Under this MoU, Framatome and KHNP will jointly perform a technical […]

  • Massive Electrical and Instrumentation Contract Awarded for Hinkley Point C Nuclear Power Project

    BGEN, one of the UK’s largest engineering firms, has been awarded an £84 million project by GE Steam Power Systems to provide electrical and instrumentation solutions to Hinkley Point C (HPC), which is a two-unit EPR nuclear power station under construction in Somerset, England. When complete, Hinkley Point C is expected to deliver 7% of […]

  • Dependable Backup Power System Provides Peace of Mind for Cheese Business

    Cheese Merchants uses close collaboration with Charles Equipment to power its mission to deliver fresh, premium cheese products to vendors across the U.S. Volvo Penta’s D16 engine serves as a key ingredient for standby power systems designed to drive quality and customer service. Cheese Merchants has come a long way since Pasquale Greco founded the […]

  • Japan Energy Giant Launches UK-Headquartered Renewable Energy Group

    The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, founded in 2015 as a 50-50 joint venture between TEPCO Fuel & Power, a wholly owned subsidiary of Tokyo Electric Power Co., and Chubu Electric […]

  • Harnessing Heat Vision for Smarter Substation Monitoring

    As decision-makers look for practical and worthwhile ways to improve substation monitoring, they often turn to heat-vision applications, such as infrared thermography. Such methods allow people to use specialized equipment to see abnormal temperature patterns—such as hot spots or unusual coolness—within industrial assets. This approach supports substation reliability by reducing outages and warning people earlier […]

  • A Generational Turnover Could Jeopardize the Nuclear Industry’s Recent Momentum

    In the coming decade, the nuclear industry faces the daunting prospect of seeing one in four employees retire. According to the 2022 Global Energy Talent Index, 25% of its current workforce is over 55, compared to 20% in the oil and gas industry, and only 10% in the renewable energy sector. And, at age 65 […]

  • Molten Salt Reactor Technology Solves Several Nuclear Industry Problems

    Molten salt reactors (MSRs) represent a fascinating intersection of nuclear history and modern innovation. The concept of using molten salts as both a coolant and fuel carrier dates back to the 1950s, with the pioneering work of Alvin Weinberg and his team at Oak Ridge National Laboratory (ORNL). In 1965, ORNL successfully operated the Molten […]

  • Utility’s Grid Modernization Efforts Leverage Community’s Investment in Fiber-to-the-Home Network

    Tantalus Systems, a grid modernization technology company focused on helping utilities harness the power of data, said Bolivar Energy Authority (BEA) selected its Grid Modernization Platform (TGMP) to modernize the utility’s distribution grid. BEA serves Hardeman County and parts of Fayette, Chester, and Madison counties in Tennessee and part of Benton County in Mississippi. TGMP […]

  • OPSWAT Enhances its OT Security Solution with Improved Capabilities for Control and Visibility

    OPSWAT has enhanced its MetaDefender OT Security solution, empowering organizations with enhanced visibility and control over their Operational Technology (OT) environments. In today’s increasingly complex industrial landscape, industrial and OT teams require complete asset visibility without disrupting OT networks and devices. MetaDefender OT Security addresses these challenges head-on, offering a purpose-built cybersecurity solution tailored to […]

  • Nuclear Energy Seeing a Resurgence Unlike Any Other

    Nuclear energy is surging back in a big way. Case in point: Energy Secretary Jennifer Granholm’s comments last week on plans to restart the Palisades nuclear power plant in Michigan. To bolster the effort, she announced a $1.5 billion conditional loan guarantee to cover work required to restart the plant after a two-year shutdown. And […]

  • ACWA Power: Crossroads for Exponential Growth in Power and Water 

    In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms Abunayyan Trading Co., Abdulkadir Al Muhaidib & Sons Co., and MADA Group for Industrial and Commercial Development sensed a tremendous opportunity, forming ACWA Power Projects […]

  • What FERC Order 2023 Means for the Interconnection Queue

    In recent years, concerns about the lengthy interconnection queue have dominated headlines. This queue has emerged as a major obstacle to adding new generating facilities to the U.S. power grid. It is primarily caused by grid congestion, permitting issues, extensive infrastructure project delays, and the traditional interconnection study approaches used in many states. To address […]

  • TVA to Replace Iconic Kingston Coal Plant With 1.5-GW Modern Complex

    The Tennessee Valley Authority (TVA) has moved to retire its iconic 1.3-GW Kingston Fossil Plant in Tennessee in 2027 and replace it—with notable urgency—with a 1.5-GW modern complex featuring a combined cycle gas turbine (CCGT) plant, aero-derivative turbines, 100 MW of battery storage, and up to 4 MW of solar generation. The nation’s largest public […]

  • ATXI Chosen to Develop Grid Reliability Project in Northern Missouri

    Ameren Transmission Company of Illinois (ATXI), a subsidiary of St. Louis-based Ameren Corp., has been selected by the Midcontinent Independent System Operator (MISO), the regional transmission operator for large parts of the central U.S., to develop a $273 million transmission project across northern Missouri. “We are proud to have won this vital project that will […]

  • Virtual Power Plant Network Supports the Grid and Compensates Customers

    Sunnova Energy International Inc., an adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs. With its VPP investments, Sunnova is boosting accessibility in California, Connecticut, Massachusetts, New York, Puerto Rico, Rhode Island, and Texas to enable customers to rapidly access […]

  • A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut

    Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]

  • Improving Lithium-Ion Batteries with Silicon Anode Technology

    From the beginning of the electrification evolution, the U.S. has struggled to keep up with the Chinese battery giants, and has also fallen behind Europe in some battery production and adoption areas. Lithium-ion (Li-ion) batteries are not only important for electric vehicles (EVs), but also for energy storage to accommodate intermittent renewables, such as wind […]

  • Gas Turbine and Hydrogen Technologies Grow Together

    The future of gas turbines and hydrogen are intricately intertwined. Gas turbine manufacturers know that they need their equipment to be ready to operate on higher levels of hydrogen as electrolysis technology

  • AI Is Not Only a Thing of the Future, It’s Also a Thing of the Present

    Artificial intelligence (AI)-based platforms have taken the world by storm. Perhaps the best known of these is ChatGPT. OpenAI, the company that developed the innovative chatbot, released the tool widely to

  • Long-Awaited Milestone: Fuel Loading Begins at India’s Prototype Fast Nuclear Reactor

    India in March began fuel loading at a 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) located at Kalpakkam, Tamil Nadu, marking a crucial phase for the second stage of the country’s ambitious

  • How to Get the Most Out of EPC Contracts

    Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A

  • Balancing Essential Utility Infrastructure Investment with Customer Affordability

    Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the

  • AI-Powered Computer Vision Is Transforming Utility Inspection and Maintenance

    Employing artificial intelligence (AI) in the power industry may seem like a futuristic concept, but the truth is that it’s available in several innovative applications today. Power companies that tap into