Business

Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the

Employing artificial intelligence (AI) in the power industry may seem like a futuristic concept, but the truth is that it’s available in several innovative applications today. Power companies that tap into

Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

The state-owned nuclear energy group of the United Arab Emirates (UAE) has expressed interest in supporting nuclear power projects in Europe. The news comes just weeks after the fourth unit of the emirate’s only nuclear power plant, the Barakah station (a POWER Top Plant in 2021), began delivering electricity to the grid. The Khaleej Times, […]

CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]

In the midst of the energy transformation taking place around the world, lithium-ion batteries stand as pivotal components for both electric vehicles (EVs) and energy storage systems, demanding momentum in technology advancements to encourage greater adoption. As the race for affordable next-generation batteries intensifies, a seemingly unassuming yet significant component takes center stage: silane. POWER […]

In the era of cloud computing, the immense potential of planned predictive maintenance (PPM) cannot be denied. Access to a broad range of application programming interfaces could revolutionise critical component servicing, if not transform it entirely. Yet, while the possibility of entirely automating this process is clearly appealing, the use of machine learning and analytics […]

Maintenance plays a critical role in the energy/utility sector, ensuring the continuous and reliable operation of infrastructure such as power plants, transmission lines, and distribution networks. Regular maintenance activities help prevent equipment failures, minimize downtime, and ensure the safety of workers and the public. In an industry where uninterrupted service is essential for economic and […]