Business

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.

The need to integrate renewable energy resources, and prepare for increased demand for power as electrification takes hold in transportation and other sectors, creates challenges for an aging grid. Some

In today’s challenging business environment, it is paramount for organizations of all disciplines to reduce operating expenses while creating processes to meet strict greenhouse gas emissions standards. There is a worldwide focus on utilizing the full power of renewable energy and distributed assets to help organizations become more sustainable and decarbonized. Energy consumers, producers, utilities, […]

The U.S. Supreme Court is hearing arguments on a landmark case that could determine whether the Environmental Protection Agency (EPA) has the authority to broadly interpret the Clean Air Act (CAA) to establish carbon emission standards for coal, oil, and gas-fired power plants. Arguments in West Virginia v. Environmental Protection Agency (No. 20-1530) presented to […]

SAN RAMON, Calif. – FEBRUARY 24, 2022 —  GE Digital today announced the availability of the latest version of its industry-leading CIMPLICITY 2022 HMI/SCADA software. A proven, secure-by-design automation platform, CIMPLICITY® provides true client/server visualization and control – from single machines to plant locations spanning the world – helping industrial companies manage operations, enable the connected worker, and achieve […]

The U.S. power network received attention for tragic reasons in 2021. From February 10 through 20, Texas suffered a severe power crisis due to a confluence of catastrophic winter storms. Failures occurred across all types of electricity generation facilities—natural gas, coal, and nuclear plants shut down, and wind turbines froze. Problems cascaded, as the compressors […]

The new version of the keyless ABLOY BEAT padlock, designed especially for critical infrastructure, features a removable shackle. The highly weatherproof lock is operated with a mobile app and connects to both ASSA ABLOY’s and third-party management and operational systems. JOENSUU, Finland, February 24, 2022 – Abloy Oy today unveiled a digital, keyless padlock with […]

Bilfinger will deliver pressure piping and draft tube gates for new Limberg III pumped storage power plant in Austria Order volume of more than €20 million Bilfinger impresses with innovative, time-saving assembly technique Bilfinger is supporting Austria’s leading energy company VERBUND Hydro Power with the construction of the new Limberg III pumped storage power plant […]

Many experts believe hydrogen holds great promise as a clean energy resource that can help nations achieve carbon-free goals. Green hydrogen, which is made from water through electrolysis powered by renewable energy, could be used to decarbonize a wide range of hard-to-abate industries, including petrochemical, cement, and steel, which often require high temperatures and combustion […]

The energy transition will bring with it a new generation of cybersecurity challenges for the power sector. While information-sharing has been valuable, strategies to address issues related to vendor security, cyber talent, and lagging investment will also be critical, a former utility supply chain executive who led the development of an industry-wide cybersecurity risk exchange […]

Shell Energy will become the exclusive energy provider beginning with the 2022 soccer season, working to integrate energy solutions aimed at reducing the carbon footprint at their stadium by an estimated 50% by 2026. NEED TO KNOW: Shell Energy has signed a letter of intent to become the exclusive energy provider of the Houston Dynamo […]

Ethiopia began delivering power from a 375-MW turbine at its flagship 5.15-GW Grand Ethiopian Renaissance Dam (GERD) on Feb. 20, marking a significant milestone for the project that could become Africa’s largest hydropower producer. Prime Minister Dr. Abiy Ahmed inaugurated the project in a celebration broadcast widely in the East African nation on Sunday. Officials […]

GreenFire Energy Inc. to Partner with Calpine Corporation to Implement Its Steam Dominated GreenLoop Technology San Francisco, California – February 17, 2022, GreenFire Energy Inc. announced today that it was awarded more than $2.7 million by the California Energy Commission (CEC) to install its Steam Dominated GreenLoop (SDGL) technology at The Geysers geothermal field in […]

Duke Energy, the nation’s largest power producer, will dramatically slash coal generation’s share from the current 22% of total generation to 5% by 2030 and achieve a full phaseout of unabated coal by 2035. The company instead expects to deploy more than $130 billion over the next decade—$63 billion of which it will spend over […]

NuScale Power has signed a definitive commercial agreement with mining and processing firm KGHM Polska Miedź S.A. to deploy a VOYGR power plant of up to 924 MWe as early as 2029 to support KGHM’s copper and silver production in Poland. Under an “early works agreement” signed in a ceremony on Feb. 14 in the […]

The American Nuclear Society (ANS) warned the U.S. Department of Energy (DOE) that the continued unavailability of high-assay low-enriched uranium (HALEU) fuel within the United States is risking “significant deployment delays” of advanced reactors. In a February 14th letter,  ANS President Steven Nesbit and ANS Executive Director and CEO Craig Piercy urged the DOE to expedite the creation of a HALEU availability […]

A GE Gas Power front-end engineering design (FEED) study will receive $5,771,670 in federal funding from the U.S. Department of Energy’s (DOE’s) Office of Fossil Energy and Carbon Management following successful completion of the award negotiation phase. The funding is focused on carbon capture, utilization, and storage (CCUS) for power generation applications with a goal […]

Third Plant Location with Major Utility Gained as a Supply Customer After Issuing License to Operate CORSICANA, TX, Feb. 10, 2022 (GLOBE NEWSWIRE) — Midwest Energy Emissions Corp. (OTCQB: MEEC) (“ME2C Environmental” or the “Company”), a leading environmental technologies firm, today announced that the Company has received new supply business with a licensee of the […]

DAVIDSON, N.C.–(BUSINESS WIRE)– Curtiss-Wright Corporation (NYSE: CW) announced today that it has entered into an agreement with Teledyne FLIR Defense to supply unmanned systems and integrated solutions to the U.S. nuclear power market and Department of Energy (DOE). Mobile unmanned systems (MUS), including drones, robotics, and submersibles, play a critical role in industrial and defense applications […]

Fly Ash Byproduct Will be Recycled and Sold for Beneficial Use into the Ready Mix Concrete Industry LOUISVILLE, KY (February 10, 2022) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of mission-critical environmental services and byproduct sales to the power generation industry, today announced that it has been awarded a fly ash […]

The Tennessee Valley Authority (TVA) will invest in a major program that will explore the construction of multiple advanced nuclear reactors—starting with a GE-Hitachi BWRX-300 small modular reactor (SMR) at its Clinch River site in Tennessee. TVA Board members during a meeting on Feb. 10 unanimously approved TVA’s “New Nuclear Program,” a broad new initiative […]

GE has signed an exclusive agreement with EDF Group, an entity majority held by the French government, to sell the equipment segment and some services that make up Steam Power’s nuclear-serving steam turbine business—part of a portfolio that GE adopted during its 2015 merger with French equipment giant Alstom. The American technology conglomerate confirmed it signed […]

Low-carbon, clean energy pellet also outperforms “white” pellets in terms of heating value ASHLAND, Maine, Feb. 07, 2022 (GLOBE NEWSWIRE) — Independent testing of CoalSwitch, the novel clean energy pellet from Active Energy Group (AIM:AEG) demonstrates that the fuel burns cleaner and produces fewer pollutants than coal while outperforming other “white” pellets. “This testing confirms […]

Parts of Texas have suffered localized, distribution-level power outages as an Arctic outbreak sent temperatures plummeting across the state, but its heavily scrutinized grid is largely prepared to weather the storm, state entities said. Frigid temperatures stemming from a large dome of Arctic high pressure are sending temperatures into the single digits and below zero […]

CHARLOTTE, N.C.–(BUSINESS WIRE)–The U.S. Department of Energy (DOE) announced $45 million in funding for 12 projects to advance point-source carbon capture and storage technologies that can capture at least 95% of carbon dioxide (CO2) emissions generated from natural gas power and industrial facilities that produce commodities like cement and steel. CORMETECH, Inc. (Charlotte, NC) has been […]

The 462-MWe Carbon-Free Power Project—the first six-module NuScale Power VOYGR-6 power plant—has completed field investigation activities at its Idaho National Laboratory (INL) site in Idaho Falls, Idaho. The achievement announced on Feb. 3 marks a major milestone for CFPP LLC, the entity Utah state energy services interlocal agency Utah Associated Municipal Power Systems (UAMPS) established […]

Handing a muted victory to proponents of nuclear and gas, the European Commission (EC) on Feb. 2 adopted a measure that labels some nuclear and gas energy activity as climate-friendly investments. However, it set out strict, potentially limiting technical screening criteria for those activities to qualify, prompting pushback from the nuclear and gas industries. The […]

The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A critical step toward these goals was congressional passage of the $1 trillion Infrastructure Investment and Jobs Act (IIJA), which President […]

OVERLAND PARK, Kan., February 03, 2022 – The Gas Turbine Filtration Division of Parker Hannifin Corporation, the global leader in motion and control technologies, has released new ancillary spares kits for gas turbine filter house maintenance. The kits are designed to ensure customers can easily access the replacement parts needed to avoid unplanned downtime and […]

Since its inception as Florida Power & Light Co. in 1925, NextEra Energy has transformed into the world’s largest utility company. The company’s history is symbolic of the growth and uncertainty that has characterized the history of power.