Business

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]

According to a guidebook issued by Sandia National Laboratories, a U.S. Department of Energy (DOE) multi-mission laboratory, microgrids are defined as a group of interconnected loads and distributed energy resources (DERs) that act as a single controllable entity. A microgrid can operate in either grid-connected or island mode, which includes some entirely off-grid applications. A […]

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China’s independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed at a site in Rongcheng, Shandong Province (Figure 1), roughly midway between Beijing and Shanghai in eastern China. Touted as “the world’s first commercially operational […]

A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]

Utilities are just beginning their journeys to speed up deployment of electric vehicle (EV) charging infrastructure in reaction to increasing EV penetration. In the U.S., EV sales have risen nearly 50% between 2022 and 2023, now accounting for 8% of total industry sales (the Biden administration has a goal of 50% new vehicle sales comprising zero-emission vehicles by […]

This year, many of us watched with audible gasps as high temperatures shattered records and extreme weather destroyed homes and displaced people across the globe. These uncontrolled events have undoubtedly strained our old, antiquated electric grids, causing outages and downtime. The Biden administration has stepped up with $167 Million in energy grid resilience funding to assist in modernizing these […]

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book’s “Electric Vehicle Sales Report Q3 2023,” EV sales volume in the U.S. set a new record in

Power companies need precise weather forecasts for a variety of reasons. Several companies specialize in providing the type of weather information utilities need to accurately predict resource availability and

Obtaining real-time operating data on power plant and substation equipment has never been easier. The sensors, transmitters, and systems needed to monitor important parameters are readily available and highly

University and college campuses are places where young minds are shaped, and groundbreaking research is conducted. Cities are often the places where recent graduates gather to put those ideas learned in the

People know a storm can disrupt the electrical grid and cause a wave of complications across the region or country very quickly. But now, for those charged with grid reliability and keeping the lights on

In July 2014, the Department of Homeland Security mandated that utilities meet requirements and measures outlined in the North American Electric Reliability Corporation’s (NERC’s) critical infrastructure protection (CIP) standards. These standards regulate the physical safety and security of all aspects of the power grid, including energy substations and generators. They outline steps toward prioritizing which […]

A pioneering 3.5-MW enhanced geothermal system (EGS) in northern Nevada that demonstrated the ability to drill, complete, and operate horizontal wells is now operational. Project Red, co-developed by Fervo Energy and Google under a partnership forged in 2021 under the “world’s first corporate agreement to develop an enhanced geothermal power project,” is supplying power to […]

The POWER Podcast is available through Apple Podcasts, Spotify, YouTube, YouTube Music, Amazon Music, iHeart, TuneIn, SoundCloud, and some other podcast apps. Follow the links below to subscribe via your favorite platform: Apple Podcasts Spotify YouTube YouTube Music Amazon Music iHeart TuneIn SoundCloud The POWER Podcast Archive (Jan. 30, 2023 – Nov. 30, 2023): How […]

Concrete is the most widely used construction material in the world. One of the key ingredients in concrete is Portland cement. The American Concrete Institute explains that Portland cement is a product obtained by pulverizing material consisting of hydraulic calcium silicates to which some calcium sulfate has usually been provided as an interground addition. When […]

We’ve come a long way since the first waterwheel in 200 BC. Renewable energy sources now make up about 30% of the world’s generated power and are set to more than double as governments and utilities aim to meet their net-zero emission targets by 2050. That’s a tall order, especially for utilities with an aging […]

Spanning several regions of Cameroon where 55% of the population live in poverty, grid connectivity is limited and the power supply is unreliable. However, a new project, which will extend the country’s electricity network, may help. The project involves building two 225-kV single-circuit transmission lines and supporting substations. Upon completion, the new infrastructure will enhance […]

With states like Ohio, Pennsylvania, and Hawaii beginning to execute their National Electric Vehicle Infrastructure (NEVI) Formula program plans, utilities within these states are rapidly coordinating the electrical power requirements needed to support these public electric vehicle (EV) charging stations. The influence of utilities on power infrastructure, including grid modernization, capacity growth, and energy management, […]

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 […]

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 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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 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 […]