Business

Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

The state-owned nuclear energy group of the United Arab Emirates (UAE) has expressed interest in supporting nuclear power projects in Europe. The news comes just weeks after the fourth unit of the emirate’s only nuclear power plant, the Barakah station (a POWER Top Plant in 2021), began delivering electricity to the grid. The Khaleej Times, […]

CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]

In the midst of the energy transformation taking place around the world, lithium-ion batteries stand as pivotal components for both electric vehicles (EVs) and energy storage systems, demanding momentum in technology advancements to encourage greater adoption. As the race for affordable next-generation batteries intensifies, a seemingly unassuming yet significant component takes center stage: silane. POWER […]

In the era of cloud computing, the immense potential of planned predictive maintenance (PPM) cannot be denied. Access to a broad range of application programming interfaces could revolutionise critical component servicing, if not transform it entirely. Yet, while the possibility of entirely automating this process is clearly appealing, the use of machine learning and analytics […]

Maintenance plays a critical role in the energy/utility sector, ensuring the continuous and reliable operation of infrastructure such as power plants, transmission lines, and distribution networks. Regular maintenance activities help prevent equipment failures, minimize downtime, and ensure the safety of workers and the public. In an industry where uninterrupted service is essential for economic and […]

The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]

Scientists who maintain the world’s temperature records, which date back to 1880, calculate a global temperature anomaly each year to determine how much temperatures have changed compared to temperatures from 1951 to 1980. In mid-January, they announced that 2023 was the hottest year on record. Furthermore, they said every month from June through December 2023 […]

Longview Fusion Energy, a firm leveraging the recent fusion breakthrough at the National Ignition Facility (NIF), has secured a contract with engineering, procurement, and construction specialist Fluor to design what could become the world’s first commercial laser fusion power plant. Longview announced the contract on March 8, noting its historic relevance for laser fusion energy. […]

(Updated March 7 with responses from EPA): The U.S. Environmental Protection Agency (EPA) will drop requirements covering existing natural gas-fired power plants in its final Section 111 rule regulating power sector greenhouse gas (GHG) emissions, which is expected in April.  EPA Administrator Michael Regan on Feb. 29 said in a written statement the agency’s rule—which the […]

The National Renewable Energy Laboratory (NREL) explains that community solar, also known as shared solar or solar gardens, is a distributed solar energy deployment model that allows customers to buy or lease part of a larger, off-site shared solar photovoltaic (PV) system. It says community solar arrangements allow customers to enjoy advantages of solar energy […]

The Solar Energy Industries Association (SEIA) and Wood Mackenzie’s recent report on solar power installations said the U.S. installed a record 32.4 GW of new solar generation capacity in 2023, including 22.5 GW of new utility-scale capacity. That’s a 37% jump from the previous record, set in 2021, and a 51% increase from 2022. The […]

The head of Russia’s space agency said his country and China have been working on a program to build a nuclear power plant on the moon, with an eye toward producing electricity that would allow settlements on the lunar surface. Yuri Borisov, who leads Russia’s Roscosmos space group, on March 5 said the agency was […]

The Nuclear Regulatory Commission (NRC) has directed its staff to publish a proposed rule and draft guidance to create Part 53, a much-awaited risk-informed and technology-inclusive licensing framework geared toward advanced technologies, including non-light-water-reactors (non-LWRs). In a staff requirements memorandum (SRM) made public on March 4, the commission directed staff to incorporate several changes to […]

As the global power industry pivots toward decarbonization and decentralization, major manufacturers of diesel and gas engines are strategically adapting to change. While large power plants frequently garner

The 2.6-GW Drax Power Station in northeastern England—once Western Europe’s largest coal-fired power plant—is poised to pioneer bioenergy with carbon capture and storage (BECCS), a negative emissions

The energy workforce added nearly 300,000 jobs in 2022, increasing to more than 8.1 million total jobs at the end of the year, according to the Department of Energy’s (DOE’s) 2023 U.S. Energy and

The world is undergoing a remarkable energy transition. Clean power systems are in high demand, offering a bright future for hydrogen and renewables. However, energy storage projects that may look promising

There are literally dozens of small modular reactor (SMR) and microreactor designs being developed by different companies around the world, and some of the work has been going on for decades. Yet, only two

Hardware-in-the-loop (HIL) testing involves simulation of power plant behavior using the actual site-specific power plant controls before the commissioning stage. HIL testing can benefit all project

New York officials put forth conditional contracts to buy electricity from two proposed offshore wind farms, announcing the awards Feb. 29 for installations that would be the largest power generation projects built in the state in decades. The solicitation by the New York State Energy Research and Development Authority (NYSERDA), which allowed developers to exit […]

New opposition has emerged surrounding a power plant Minnesota Power, Dairyland Power Cooperative, and Basin Electric Power Cooperative are teaming to build along the banks of the Nemadji River in Superior, Wisconsin. Environmental groups Sierra Club and Clean Wisconsin have been fighting construction of the Nemadji Trail Energy Center (NTEC) since at least February 2020, […]

The Department of Energy (DOE) will furnish 16 innovative projects with $45 million in federal funding to develop cybersecurity tools and technologies that thwart cyber attacks in the power and oil and gas energy delivery systems. The $45 million funding stems from a 2022 funding opportunity announcement (FOA) overseen by the DOE’s Office of Cybersecurity, […]

A new natural gas-fired peaker plant being built on Colorado’s eastern plains will feature aeroderivative gas power packages from GE Vernova. The Mountain Peak Power Plant, which will be managed and operated by Princeton, New Jersey-based Kindle Energy, and will serve the United Power electric cooperative, is expected to come online in 2025. GE Vernova’s […]

The U.S. Environmental Protection Agency (EPA) in February issued a final rule imposing tighter restrictions on fine particulate matter (PM2.5) or soot.  The final rule, issued on Feb. 7, strengthens the nation’s National Ambient Air Quality Standards (NAAQS) by lowering the level of the primary (health-based) annual PM2.5 standard from 12.0 micrograms per cubic meter […]

American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]

Direct air capture (DAC) holds promise to extract carbon dioxide from the atmosphere, potentially becoming a crucial tool in the battle against climate change. Amidst heated debates over its feasibility, cost, and effectiveness, this comprehensive analysis dissects DAC’s potential through energy modeling and policy discussion. Can DAC truly fulfill its promise and play a significant […]

Several solar power equipment manufacturing companies are building factories in the U.S., with many of those groups saying the investments are due to passage of the Inflation Reduction Act (IRA) and its incentives tied to domestic production. One of those companies is Heliene, a Canada-based solar power equipment maker. Heliene, which also makes solar panels […]