Business

The electric power sector is undergoing a digital transformation with mobile applications playing a crucial role by enabling real-time data sharing and more efficient grid management. Innovative technology is

Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio includes solar and wind power installations that would be owned jointly by ACWA Power and Chinese renewable energy developers. ACWA Power in a statement to […]

The Pakistan Nuclear Regulatory Authority (PNRA) issued a construction license to Pakistan Atomic Energy Commission (PAEC) for Chashma Nuclear Power Plant Unit 5 (C-5), on Dec. 26. PAEC applied for the construction license in April this year, along with the preliminary safety assessment report (PSAR) and other licensing submissions covering design and operational aspects of […]

San Miguel Electric Cooperative Inc. (SMECI), a not-for-profit generation and transmission rural electric cooperative located in Atascosa County, Texas, was awarded more than $1.4 billion through the U.S. Department of Agriculture’s (USDA’s) Empowering Rural America (New ERA) program. With the money, SMECI, which operates a mine-mouth lignite-fired power plant, said it will convert its lignite […]

Boiler systems play a crucial role across industrial, institutional, commercial, and other large-scale facilities. The systems are often complex and require meticulous oversight to ensure optimal performance and safety. This is where supervisory control and data acquisition (SCADA) systems are vital in supporting the management of boiler rooms. SCADA platforms are advanced systems used to […]

GE Vernova said it has been chosen through its joint venture, KAPES, by Korea Electric Power Corp. (KEPCO) to deliver its advanced high-voltage direct-current (HVDC) system, based on line commutated converter (LCC) technology, for the 500-kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2). This project, part of a larger 4-GW HVDC transmission link, […]

The Nuclear Company, which plans to deploy 6 GW of fleet-scale nuclear power across America, on Dec. 19 announced the issuance of a solicitation of interest to contractors in engineering, procurement and construction to support its first fleet. Contractors of all sizes and capabilities are encouraged to request invitations to the formal process. ‍The Nuclear […]

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, the North American Electric Reliability Corporation (NERC) has warned in its latest 2024 Long-Term Reliability Assessment (LTRA). The designated electric reliability organization’s (ERO’s) annual 10-year […]

Fine grain Optical Transport Network (fgOTN) technology is optimal for future electric power communication networks. Developed under highly regarded international standards, fgOTN addresses limitations in traditional communication network systems by efficiently handling small-bandwidth services while providing high reliability and low latency. The global electric power industry is undergoing a remarkable transformation through the deployment of […]

Most POWER readers are probably familiar with levelized cost of energy (LCOE) and levelized value of energy (LVOE) as metrics used to help evaluate potential power plant investment options. LCOE measures the average net present cost of electricity generation over a facility’s lifetime. It includes capital costs, fuel costs, operation and maintenance (O&M) costs, financing […]