Business

PORTLAND, Ore. – NuScale Power Corporation (NYSE: SMR) and Nucor Corporation (Nucor) today announced the two companies have signed a Memorandum of Understanding (MOU) to explore co-locating NuScale’s VOYGR™ small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills. The companies will also […]

“Everywhere we look, we’re seeing demand surging,” Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), said. “When we talk about demand for nuclear, we’re talking about the future of our planet, the future that our children will inherit.” Korsnick spoke those lines on May 15 as part of her “State of the […]

Nuclear has re-invented itself as a compelling pathway to achieving net-zero. It is said that everything is cyclical—where there are periods of expansions and contractions. Could this be true of nuclear energy? Can the benefits outweigh the fears and flip the switch from decommissioning to accelerated growth? In the late 1960s, federal nuclear energy programs […]

The Nuclear Regulatory Commission (NRC) has granted Holtec International a license to build and operate a consolidated interim storage facility (CISF) for spent nuclear fuel in southeastern New Mexico, despite the state’s opposition. Granted on May 9 after an eight-year process, the NRC’s license allows Holtec to “receive, possess, transfer, and store” 500 canisters holding […]

X-energy and Dow will site a proposed four-unit 320-MWe Xe-100 advanced nuclear reactor facility at Union Carbide Corp. Seadrift Operations, a sprawling Dow chemical materials manufacturing site in Seadrift, Calhoun County, Texas. The companies on May 11 said the small modular reactor (SMR) project, part of the U.S. Department of Energy’s (DOE’s) Advanced Reactor Demonstration […]

New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation in the ERCOT North region of Texas. The deal comes six months after a federal bankruptcy court judge approved Brazos’ reorganization plan, which includes a […]

The world is currently going through a major shift toward clean energy, triggered by concerns over climate change, depleting resources, and energy security. The energy transition is a massive undertaking, requiring significant investment and a long-term vision. However, as with any transition, there are challenges and uncertainties, and this is where hedging and trading come […]

New technology is regularly being developed and enhanced to improve power delivery and incorporate more renewable energy into systems. ABB Energy Industries is among the companies investing in solutions to make future power systems better. Among its current focus areas are deploying subsea power distribution and conversion concepts to support the floating offshore wind industry, […]

Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure on May 2 said the projects are the first step in a “program of great importance for the energy sector.” The program is designed to […]

Our global marketplace is certainly a competitive one but there is no reason why renewable energy technologies, whether they emanate from energy metals including lithium, uranium, zinc, cobalt, etc., or from the sun and wind or hydropower, should be competing for market dominance. Why shouldn’t renewable energy technologies compete for market dominance in the manner […]

In today’s rapidly changing world, utility providers play an increasingly important role in ensuring that people have access to the vital resources they need to power their homes, businesses, and communities. From electricity and gas to water and internet services, these providers are responsible for delivering critical resources that are essential to our daily lives. […]

A pioneering 21-MW power project that economically produces geothermal power with co-produced hydrocarbon fluids from an enhanced oil recovery (EOR) operation is now commercially operating in Alberta, Canada

One man’s ambition to electrify the Middle South and improve its economic outlook 110 years ago evolved from a handshake for steam from a boiler powered with waste sawdust into Entergy Corp., a

Manufacturing is among the most energy-intensive industries in the U.S., making sustainability efforts all the more important, and potentially impactful. Businesses looking to run and maintain their facilities more sustainably have a few options, some of which offer an almost immediate impact. Manufacturers should consider the path toward sustainability as a series of steps, focusing […]

News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, and winter storms. This has a massive impact on a renewable energy asset’s reliability and insurability; there have even been cases where lenders won’t approve […]

Installing floating photovoltaic solar panels on a water reservoir provides Kelseyville Wastewater Treatment Plant with low-cost, clean energy, reduces algae growth, minimizes bank erosion, and lessens

Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital solutions are

Turbine bypass valves are one of the most difficult applications in a power plant. Keeping these valves operating efficiently and avoiding unexpected failures is critical for plant operation. When engineers

On the east side of Greenville, South Carolina, sits a 413-acre site with more than one and a half million square feet of manufacturing space and another 70,000 square feet of labs. This is one of the locations where GE Gas Power is working to improve gas turbine technology and repair processes, among other things. […]

Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear power plants joined forces with TerraPower to bolster the demonstration and commercialization of Natrium, TerraPower’s sodium-cooled fast reactor integrated energy system. The deals were announced […]

COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]

My job has made me a frequent flyer, but I can’t imagine stepping onto a plane without confidence in the air traffic control system and its complex interplay of regulation, technology, communications, scheduling, and human expertise. Many obstacles were overcome to achieve modern aviation—and the same is true where I work: today’s electric grid. Virtual […]

A Norwegian energy regulator has told officials it has identified at least 20 areas suitable for offshore wind farm development, as the government seeks to meet a target of installing at least 30 GW of offshore wind power capacity by 2040. The Norwegian Water Resources and Energy Directorate, known as NVE, an agency under the […]

April 25, 2023 – Framatome received approval from the U.S. Nuclear Regulatory Commission to apply the company’s suite of Advanced Codes and Methods to operating conditions with uranium-235 enrichments above the industry standard of 5 weight percent (wt%). This approval is a critical step toward the company’s goal of reload readiness by 2027 for nuclear […]

SAN FRANCISCO, CA (April 24, 2023) — Camus Energy, a leading grid orchestration software platform, announced today a partnership with Vermont Electric Cooperative (VEC), its first with a utility in the Northeast. The collaboration directly benefits 33,000 VEC members across 75 communities, ensuring reliability, low costs, and efficiency as the grid evolves. “VEC and Camus share […]

New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s Affordable Clean Energy (ACE) rule. Both policies aim to reduce and limit carbon dioxide emissions […]

Engineering, procurement, and construction (EPC) giant Fluor Corp. will serve as an engineering and construction partner to design and plan laser fusion power plants developed by Longview Fusion Energy Systems—a company leveraging the recent fusion breakthrough at the National Ignition Facility (NIF). Fluor on April 18 announced it signed a memorandum of understanding (MOU) with […]

The green transition demands efficient storage of renewable energy, to which end a number of Power-to-X plants are under construction in Denmark. They are designed to convert green electricity to another form of energy, such as green fuels. And in the vanguard of this new technology is Lemvig, where the construction of the world’s first […]

Selective Catalytic Reduction (SCR) and Catalytic Oxidation Reduction (COR) systems are now available on GE LM2500XPRESS* aeroderivative gas turbines COR emissions control technologies were installed for the first time on GE’s LM2500XPRESS* units in Colorado to reduce emissions of carbon monoxide (CO) up to 50%. ATLANTA, GA — April 20, 2023 —GE (NYSE: GE) today […]

Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power plant (VPP) deployment. The Department of Energy (DOE) Loan Programs Office (LPO) on April 20 said it would provide a partial loan guarantee for up […]