Business

Louisville Gas and Electric Co. and Kentucky Utilities Co. (LG&E and KU) will replace two aging coal generation units at Mill Creek Generating Station in Kentucky—a combined 600 MW—with a 645-MW GE Vernova hydrogen-ready 7HA.03 gas turbine. GE Vernova announced the order for the heavy-duty gas turbine—the most advanced of its HA-class models—from the two […]

California utility Pacific Gas & Electric (PG&E) said the company is nearing a deal to sell power generation assets to KKR, a New York City-based global investment firm that has holdings in several business sectors, including energy and infrastructure. PG&E has been seeking money to pay for wildfire mitigation work across its service territory, and […]

GE Hitachi Nuclear Energy (GEH) is forming a group of qualified supply chain companies to help ensure the deployment of its BWRX-300 small nuclear modular reactor (SMR). The move comes as power companies vie for components amidst a supply chain strain that has led some sectors to delay critical infrastructure projects and ramped up competition […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The road was long and the challenges difficult, but Plant Vogtle is now the largest nuclear power plant in the U.S., as Unit 4 was declared commercially operational on April 29. With four units now available, Plant Vogtle has the capacity to generate a total of about 4,664 MW of electricity. “The completion of the […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

In an unprecedented move, the U.S. Environmental Protection Agency (EPA) on April 25 simultaneously finalized four major environmental rules covering greenhouse gases (GHG), air toxics, wastewater discharges, and coal combustion residuals from fossil fuel-fired power plants. Among the rules is the EPA’s final Carbon Pollution Standards, which marks the agency’s third attempt to broadly curb […]

Have you heard about the cobra effect? During the colonial era, Delhi had a major cobra issue. The then-British government announced a bounty for dead cobras to reduce the number of snakes on the streets. Entrepreneurial spirits rose as people started breeding cobras and offered a dead one on the bounty. Money given on bounty […]

There are several obstacles to overcome when building a clean-energy project, but perhaps the biggest is getting through the generator interconnection queue (GIQ). Every regional transmission organization (RTO) and independent system operator (ISO) in the U.S. has a significant backlog in its GIQ and processing interconnection requests can take years to complete. This has created […]

Framatome and Korea Hydro & Nuclear Power (KHNP) have signed a memorandum of understanding (MoU) to demonstrate the feasibility of producing non-carrier added lutetium-177, a medical isotope used for a variety of lifesaving cancer treatments, at the Wolsong nuclear power plant in South Korea. Under this MoU, Framatome and KHNP will jointly perform a technical […]