Business

Pennsylvania, a major power producer that relied on fossil fuels for 66% of its net power generation in June, plans to maintain its nuclear generation at current levels until it can ramp up other carbon-free supplies to 100% by 2050, the state’s Sept. 22–released 2021 Climate Action Plan suggests.  The measures are part of a […]

MENOMONEE FALLS, Wis. (September 20, 2021) – Lifting, pushing, pulling, bending, spreading, cutting, lowering, pressing, and punching: The new Enerpac E330 Industrial Tools catalog is now available. At 420 pages, it is 1.5 times larger than previous editions and designed to better serve customers and provide professionals with all the hydraulic tools they need to […]

Everyone in the power industry is familiar with Siemens Energy. Its technology is behind about one-sixth of the world’s power generation, and even a larger portion than that in the U.S.—roughly a third. Yet, Siemens Energy as currently organized is a fairly new entity. The company was spun off from Siemens AG and began trading […]

Vineyard Wind 1, an 800-MW phase of an offshore wind project offshore Massachusetts, has achieved financial close. The milestone, a first for a U.S. commercial-scale offshore wind farm, now allows Vineyard Wind to provide its contractors with a notice to proceed with construction.  Vineyard Wind, a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen […]

Allegiant Utility Services Credits Rural Cooperatives and Municipalities for Inc. 5000 Honor in consecutive Growth in Just 6 Years Manor, TX (September 15, 2021) – Allegiant Utility Services is announcing two growth milestones to cap off yearly growth during the pandemic. First, Allegiant acquired Bellwether Management Solutions of Cornelius, North Carolina, the leading utility service provider […]

Siemens Gamesa has launched what it says is the world’s first wind turbine blade that can be used at a commercial offshore wind farm and recycled at the end of its lifecycle. The company already has agreements with three major customers—including RWE and EDF Renewables—for the installation of the blades at offshore wind farms. The […]

TotalEnergies, the French oil and gas multinational company formerly known as Total, has bagged deals representing a total $10 billion with the government of Iraq to help the resource-rich country address power shortages. The company said on Sept. 6 that following the agreements with the Iraqi Ministries for oil and electricity and the country’s National […]

America’s energy system has entered a new era where companies are competing against one another to reduce greenhouse gas emissions. Customers—large and small—are concerned about climate change, forcing business models to adapt beyond keeping the lights on. Today, 75% of households in the U.S. are served by a utility with a carbon or emissions reduction goal—to […]

After more than a decade of development, Minesto’s novel underwater “kite” technology kicked off commercial operation with a 100-kW project in the Faroe Islands. Despite some hiccups, the pioneering

Stakeholders are increasingly pressuring corporations to become more sustainable, and often that means using renewable energy to help meet their electricity needs. Most non-power companies don’t want to take

The Phnom Penh power station supports Cambodia’s decarbonization goals. The 200-MW facility’s 11 dual-fuel engines can operate on heavy fuel oil today, with a goal of using much-lower-emission natural gas

Soon after COVID-19 first broke into the public consciousness in early 2020, panic filled the streets. I’ll be honest, I was nervous. The U.S. stock market plummeted roughly 35% over the course of about a

Solar energy is already a significant part of the energy supply in the U.S., and it is poised to continue growing in the next few decades. In April, President Biden announced his target for the U.S. to achieve

SEDALIA, Colo., Aug. 30, 2021 /PRNewswire/ — IREA announced today that it is now CORE Electric Cooperative, a name and identity that reflects its mission of providing essential electric service to thriving communities and its role at the center of the lives of a modern and diverse membership. The company will remain structured as a […]

BOSTON, MA… Boston-based Emerson Bearing, a bearing company catering to niche markets nationwide and the sister company of Action Bearing which serves the New England market, is dedicated to accommodating the unique bearing needs of Utilities through their Power Generation Division. The company has released two complimentary helpful guides about bearings used in the power […]

A Japanese firm has set out to shake up energy storage and transmission with a freshly launched “power transfer vessel” concept that is designed to carry electricity from offshore wind farms to shore. The company’s first electric ship model, which will have an energy storage capacity of 200 MWh, is slated for completion in 2025. […]

The Virginia State Corporation Commission (SCC) on Aug. 23 rattled American Electric Power’s (AEP’s) plans to operate the 2.9-GW John Amos and 1.3-GW Mountaineer coal power plants through 2040 when it partly denied cost recovery for expenses that the West Virginia plants need to comply with the federal Steam Electric Effluent Limitations Guidelines (ELG) rule. The […]

An experiment at Lawrence Livermore National Laboratory’s (LLNL’s) National Ignition Facility (NIF) appears to have approached fusion ignition as it recreated the extreme temperatures and pressures at the heart of the sun for a tiny fraction of a second. The momentous step has fueled new optimism for fusion energy. The experiment on Aug. 8 “was […]

Former Westinghouse Electric Co. Senior Vice President Jeffrey A. Benjamin was charged with 16 felony counts, including conspiracy, wire fraud, securities fraud, and causing a publicly traded company to keep a false record, for his part in failing to truthfully report information regarding construction of new nuclear units at the V.C. Summer nuclear plant in […]

Large-scale battery power capacity in the U.S. surged 35% over 2020 to reach 1,650 MW, and according to the Energy Information Administration (EIA), utilities are planning to ramp up that capacity by 10 GW over the next two years. In a newly released report, Battery Storage in the United States: An Update on Market Trends, […]

NuScale Power and Xcel Energy agree to examine future partnerships PORTLAND, Ore. — NuScale Power, LLC (NuScale) is pleased to announce it has signed a memorandum of understanding (MOU) with Xcel Energy Inc. (Xcel Energy), a leading energy utility provider, to explore the feasibility of Xcel Energy serving as a plant operator at NuScale Plants. […]

Public Service Enterprise Group (PSEG) has agreed to sell its 6.8-GW portfolio of non-nuclear generating assets—a fleet of 13 gas plants—to a fund controlled by ArcLight Capital Partners LLC for about $1.92 billion. The sale, which effectively sets up its exit from the competitive generation business, is expected to be completed late in the fourth […]

BKV Corp., a privately held natural gas exploration and production company headquartered in Denver, Colorado, said it will purchase the Temple 1 power plant in Temple, Texas. The deal, valued at $430 million and subject to customary closing conditions, is expected to close in the fourth quarter of 2021. “We’re excited about this acquisition, and […]

Marking a notable milestone for nuclear component additive manufacturing, four 3D-printed fuel assembly channel fasteners have been installed and are now operational at Tennessee Valley Authority’s (TVA’s) Browns Ferry Nuclear Plant Unit 2 in Athens, Alabama. Channel fasteners are a type of bracket that attaches to the top of the nuclear fuel assembly to hold […]

Intensifying drought conditions in California and historically low water levels at the Oroville Dam on Aug. 5 forced the state’s Department of Water Resources (CDWR) to shut down the 644-MW Edward Hyatt Power Plant—the fourth largest energy producer of all California’s hydroelectric facilities. Similar conditions across the West are prompting a careful watch over hydropower facilities.

Marking another milestone in an industry-led accelerated quest to commercialize accident tolerant fuels (ATF), nuclear fuel test rods containing Westinghouse’s EnCore technologies that completed their inaugural cycle at Exelon’s Byron nuclear plant have shipped to Oak Ridge National Laboratory (ORNL). While initial visual inspections show “no signs of degradation,” the irradiated fuel will now be […]

After more than 12 months of unprecedented working conditions and extremely tough challenges for power companies, the most sensible route for businesses in the coming year seems, on the face of it, to be to consolidate and let things settle whilst the economy stabilises. However, economic predictions for the next year tell us that savvy […]

Entergy Texas will seek approval for a 1.2-GW hydrogen and natural gas–fired combined cycle gas turbine (CCGT) power facility in Orange County, Texas. The Beaumont-based Entergy Corp. subsidiary on July 29 announced it intends to file a Certificate for Convenience and Necessity with the Public Utility Commission of Texas “within the coming months” to build […]

Korea Western Power’s Taean Integrated Gasification Combined Cycle (IGCC) Power Plant this year marked 4,000 hours of consecutive accident-free operations, setting a new world record for IGCC power plants