Business

  • Westinghouse Secures First Customer for eVinci Nuclear Microreactor

    Westinghouse’s first customer for its eVinci microreactor—a flagship 5-MWe/13-MWth “nuclear battery”—is poised to be the Saskatchewan Research Council (SRC), Canada’s second-largest research and technology organization. SRC—a Saskatchewan government Treasury Board Crown Corporation that serves as a commercial laboratory to provide research and development (R&D) for Saskatchewan industries—on Nov. 27 said it plans to pilot an […]

  • 25 Differences Between Private Sector and Government Managers

    You often hear it said that government should be run more like a business. But a senior industry executive with cabinet-level experience in the Reagan and Bush II administrations explains why it’s not that simple.

  • NRG Energy Replaces CEO in Activist Investor–Influenced Shuffle

    NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a major leadership reshuffle partly influenced by activist investor firm Elliott Investment Management. The Houston-headquartered energy giant on Nov. 20 said Mauricio Gutierrez, NRG’s long-time and […]

  • New Aeroderivative Gas Turbine Offering Hits the Market

    PROENERGY, a global peaking-power solutions provider based in Sedalia, Missouri, released a new 48-MW aeroderivative gas turbine designed to quickly respond to gaps in power supply and demand. The PE6000 model was unveiled as a finale to PROENERGY’s annual user conference, held in Houston, Texas, earlier this month. The company explained that each PE6000 begins […]

  • FutureCoal CEO Suggests ‘Cancel Coal’ Mantra Is Short-Sighted, Abated Coal Solutions Must Be Part of Energy Transition

    Speaking at the 5th annual India Coal Conference in New Delhi, FutureCoal CEO Michelle Manook said, “Government and finance policies, which embrace a ‘cancel coal’ mantra, are short-sighted and undermine the very ambitions we seek to achieve as a global community.” Formerly known as the World Coal Association, FutureCoal: The Global Alliance for Sustainable Coal […]

  • Transformative, Next-Gen Grid Control Technologies Get $42M in Federal Funding

    The Department of Energy (DOE) has initiated a new “enabling” pathway to achieve and sustain a dramatic transformation of the nation’s evolving grid—through its power electronics fabric, with the realization of advanced semiconductor materials, devices, and power module technologies. The agency on Nov. 21 unveiled the agency’s first awards—$42 million for 15 projects across 11 […]

  • Are You Tapping into the Power of Electric Thermal Storage?

    The power industry must adapt. Reliable electric service is more important than ever, but the push for green energy and rising cost concerns complicate things. Thankfully, several new technologies offer potential solutions. Electric thermal storage is particularly promising. As renewables grow, buildings and utility grids will need a way to store excess energy from peak […]

  • Pioneering Hydrogen-Powered Gas Peaking: Inside Duke Energy’s DeBary Project

    In late 2024, a first-of-a-kind, fully functional project spearheaded by Duke Energy, GE Vernova, and Sargent and Lundy could begin demonstrating the commercial peaking capabilities of an integrated hydrogen power-to-power system at Duke Energy’s DeBary power plant in Florida. In an exclusive interview, project partners revealed details of the potentially trailblazing installation, which is slated […]

  • Three Texas Gas-Fired Plants Sold in $635 Million Deal

    A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about 1.5 GW of generation capacity. TotalEnergies, a multinational company operating in several energy sectors and headquartered in Paris, France, announced the $635 million deal on […]

  • FERC’s Enforcement in Demand Response Case a Lesson for Utilities

    For energy consumers that have flexibility to modify their energy use in response to direction from a utility or the relevant transmission operator (i.e., to reduce load by changing or rescheduling what they are doing), selling demand response (DR) can be a lucrative additional revenue stream. Depending on the location, such consumers may have multiple […]

  • The Electrification of Vehicles in America Is Occurring Rapidly in Bus Fleets

    The effort to electrify vehicles is a growing trend sweeping through America. The task is expensive enough to keep it from ever being quick. Still, funding is available from numerous sources and the commitment to accomplish what would once have seemed impossible is obvious. One of the largest vehicle fleets in the country is the […]

  • UAMPS and NuScale Power Terminate SMR Nuclear Project

    Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]

  • Canadian Court Backs Bitcoin Miner’s Bid for Gas-Fired Power Plants

    A Canada-based digital asset mining and computing company is close to acquiring four small natural gas-fired power plants in Ontario. Hut 8 Mining Corp., headquartered in Toronto, on Nov. 3 announced the Ontario Superior Court of Justice approved the company’s bid for the facilities, and for a bitcoin mine in North Bay. The gas-fired plants […]

  • Nuclear Industry Giants Collaborate on European Projects While Japan Expands Partnership with U.S. Reactor Designer

    Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]

  • America’s Most Powerful Nuclear Reactor Makes a Landmark Revival

    Entergy’s Grand Gulf 1—the largest single-unit nuclear power plant in the U.S.—has thrived for four decades by cultivating a culture of continuous improvement, achieving record-breaking performance

  • Olkiluoto Unit 3 Provides Carbon-Free Nuclear Power and Energy Security for Finland

    As a first-of-a-kind project, Olkiluoto Unit 3 took more time to build than was originally expected, but the end result has proven worth the wait. Calling it the “largest single climate action” in

  • National Grid’s Evolution: Branching Out from Deep Roots

    Rooted in the birth of the UK’s energy industry, National Grid’s operations have traversed critical periods of the energy industry’s tumultuous history. While it is today one of the world’s largest

  • Flow Battery Market Poised for Growth as Energy Storage Needs Expand

    When it comes to energy storage, most people are quite familiar with lithium-ion (Li-ion) batteries. They are, of course, commonly used to power cell phones, electric vehicles (EVs), power tools, and many

  • EU Power Markets Show Improvements After Bucking Reliance on Russian Gas

    European Union (EU) electricity markets appear to be successfully bucking their reliance on Russian gas. Several recent reports point to improved market fundamentals in the region, suggesting the region is on

  • How Asset Management Promotes Workplace Safety and Compliance

    In the ever-evolving landscape of workplace safety and compliance, effective asset management has emerged as a powerful ally for managers and operators. This strategic approach not only ensures adherence to health and safety regulations but also fosters streamlined operations and cost savings. In a world where doing more with fewer resources is becoming the norm, […]

  • Cogeneration Facility Boosts Turbine Performance with Enhanced Lubricant and Fluid Management Service

    Ariege Biomasse Cogeneration, situated in Saint-Paul-de-Jarrat, Ariege, France, is a biomass cogeneration plant that derives electricity and heat from locally sourced wood. The facility was commissioned in

  • Advanced Nuclear Fuel with Enrichment Exceeding Historical Limits Approved for Installation at Plant Vogtle

    Southern Nuclear, Southern Company’s nuclear power plant operations business, announced in late September that it had received “first-of-a-kind approval” from the Nuclear Regulatory Commission (NRC) to use advanced fuel—accident tolerant fuel (ATF)—exceeding 5% enrichment of uranium-235 (U-235) in Plant Vogtle Unit 2. The fuel is expected to be loaded in 2025 and will have enrichments […]

  • Three Key Transmission Links Get $1.3B Boost With Federal Capacity Contracts

    Three interregional transmission lines connecting six U.S. states will receive the first $1.3 billion tranche of $2.5 billion in federal funding designated under the Transmission Facilitation Program (TFP), a revolving fund enacted by the 2021 Bipartisan Infrastructure Act. The U.S. Department of Energy (DOE) Grid Deployment Office’s (GDO’s) first picks under the TFP, unveiled on […]

  • Consortium Exploring Ammonia Retrofit to GE Gas Turbines in Singapore

    Singapore-based Sembcorp Industries, GE Vernova, and Japanese heavy industry firm IHI Corp. will jointly examine potentially retrofitting two GE 9F gas turbines at an 815-MW gas-fired combined cycle power plant in Singapore with ammonia capabilities. The companies on Oct. 25 revealed they signed a non-binding memorandum of understanding (MoU) to assess ammonia combustion capabilities at […]

  • Off-Grid BESS Technology: Revolutionizing Remote Power Solutions for Energy Independence

    Off-grid projects with battery energy storage systems (BESSs) are revolutionizing the energy landscape, providing reliable power solutions in remote locations while promoting sustainability. Off-grid BESS technology is beginning to grow in demand, as it offers a plethora of benefits to customers seeking energy independence through its role in managing power supply and demand. In remote […]

  • U.S. Power Heavyweights Unveil Hydrogen Power-to-Power Demonstration

    Duke Energy, GE Vernova, and Sargent and Lundy will team up on a pioneering project to demonstrate an end-to-end energy system that produces, stores, and combusts 100% renewable hydrogen at Duke Energy’s DeBary solar plant in Florida. Duke Energy on Oct. 27 said construction on the project, a “one-of-a-kind end-to-end” system, will begin later this […]

  • ACES Delta’s Hydrogen Electrolyzers Arrive in Big Boost for Hub’s Progress

    The much-watched Advanced Clean Energy Storage Hub (ACES Delta)—a project shaping up to be the largest renewable hydrogen energy hub in the U.S.—has received its first shipment of large-scale hydrogen electrolyzers and gas separators.  The shipment, unveiled on Oct. 25, marks the first equipment delivery for the Delta, Utah, project’s integrated Hydaptive package. Hydaptive is […]

  • NuScale Power Comments on Inaccurate Short-Seller Report

    PORTLAND, Ore. – NuScale Power Corporation (NuScale or the Company) (NYSE: SMR) today issued the following statement in response to a misleading short-seller report on October 19, 2023 (the Report). The inaccurate and deceptive “research” is riddled with speculative statements with no basis in fact and demonstrates a limited understanding of small modular nuclear reactors […]

  • DOE Picks Nuclear Designs for First Microreactor Experiments at INL’s New Test Bed

    The Department of Energy (DOE) has unveiled three nuclear microreactor developers that will design the first experiments at Idaho National Laboratory’s (INL’s) new Demonstration of Microreactor Experiments (DOME) test bed, which repurposes the Experimental-Breeder Reactor-II (EBR-II) containment structure.  Westinghouse, Radiant Nuclear, and Ultra Safe Nuclear Corp. (USNC) will receive a combined $3.9 million to further their […]

  • Constellation Planning Significant Nuclear-Powered Hydrogen Facility at LaSalle

    Constellation Energy will use a portion of newly announced federal funding for the Midwest Hydrogen Hub (MachH2) to build “the world’s largest nuclear-powered clean hydrogen facility” at its 2.3-GW LaSalle Clean Energy Center in Illinois. The company on Oct. 16 said it plans to leverage a $1 billion award announced by the Department of Energy (DOE) last […]