Business

Steam is used for a wide variety of critical processes across many industrial sectors. For example, the food and beverage industry uses steam for sterilization of food processing equipment; cooking, pasteurization, and sterilization of food products; cleaning and sanitizing production lines; and providing heat for various food preparation processes. Pulp and paper facilities use steam […]

ExxonMobil is preparing to join the power generation business, seeing an opportunity to support the electricity supply for energy-intensive data centers. The company on Dec. 11 said it is designing what was referred to as a “massive” natural gas-fired power plant that would be dedicated to producing power for data centers. Reports said the facility […]

Technology companies are looking at various ways to source electricity for energy-intensive data centers. Google on Dec. 10 unveiled a plan to join with several partners in supporting power generation, as part of what could be a $20 billion investment to develop industrial parks that would have renewable energy and energy storage built alongside those […]

The U.S. Department of Energy (DOE) has named six companies that will compete for 10-year contracts totaling $2.7 billion for the supply of low-enriched uranium (LEU) to support the nation’s nuclear power fleet. The initiative seeks to reduce reliance on Russian imports and foster strong commercial sector investment to build out a resilient fuel supply […]

The latest data from the U.S. Energy Information Administration (EIA) published Dec. 10 shows five states accounted for more than 70% of record U.S. natural gas production this year and last year, which includes a period when electricity generation from natural gas also reached new summer highs. The availability of domestic natural gas, along with […]

Electrolyzer equipment provider IMI said the company has supplied a proton exchange membrane (PEM) electrolyser to a pioneering research project examining the viability of using the by-product of hydrogen power generation in district heating systems. The project, which will be delivered by the Fraunhofer-Institution for Energy Infrastructures and Geothermal Systems in Zittau, Germany, is part […]

A major U.S. solar power developer announced it has a power purchase agreement (PPA) with Arizona Public Service (APS) for the energy produced from the Kitt Solar Project. Avantus, the former 8minute Solar Energy, on Dec. 9 said the PPA includes 100 MWac/130 MWdc of solar from the installation in Eloy, in Pinal County. It […]

Mitigating against the risk of hail for solar projects is both extremely complicated and more straightforward than you may think. Natural catastrophes (NatCat), particularly hail, pose a significant risk for solar projects and can lead to severe damage with cost impacts for projects and insurers. In this article, we look at the risk that hail […]

Amid growing pressure to optimize costs, dependability, and green initiatives, some power companies are beginning to reconsider their approaches to upgrading dated equipment. Refurbished elements provide a viable option to realize these objectives, enabling companies to address the challenges of power plant maintenance and upgrade. All plants need to be updated at some point in […]

GE Vernova secured a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany’s transition to a renewable energy future The 300 Mvar FACTSFLEX GFM solution, with Grid Forming Control, will enhance grid stability and resilience as Germany integrates more renewable energy sources STATCOM units will be deployed at key substations in Germany, […]