Business

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 […]

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 […]

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 […]

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

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

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

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

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

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

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