Business
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Trends
U.S. Natural Gas Supplies High, Prices at Record Low
The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]
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T&D
How Utilities Are Planning for Extreme Weather Events and Mitigating Risks
Scientists who maintain the world’s temperature records, which date back to 1880, calculate a global temperature anomaly each year to determine how much temperatures have changed compared to temperatures from 1951 to 1980. In mid-January, they announced that 2023 was the hottest year on record. Furthermore, they said every month from June through December 2023 […]
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Technology
Fluor to Design Commercial Laser Fusion Power Plant
Longview Fusion Energy, a firm leveraging the recent fusion breakthrough at the National Ignition Facility (NIF), has secured a contract with engineering, procurement, and construction specialist Fluor to design what could become the world’s first commercial laser fusion power plant. Longview announced the contract on March 8, noting its historic relevance for laser fusion energy. […]
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Legal & Regulatory
EPA Drops Existing Gas-Fired Plants from Contentious Power Plant GHG Rule
(Updated March 7 with responses from EPA): The U.S. Environmental Protection Agency (EPA) will drop requirements covering existing natural gas-fired power plants in its final Section 111 rule regulating power sector greenhouse gas (GHG) emissions, which is expected in April. EPA Administrator Michael Regan on Feb. 29 said in a written statement the agency’s rule—which the […]
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Solar
Community Solar Projects Bring Renewable Energy to the Masses
The National Renewable Energy Laboratory (NREL) explains that community solar, also known as shared solar or solar gardens, is a distributed solar energy deployment model that allows customers to buy or lease part of a larger, off-site shared solar photovoltaic (PV) system. It says community solar arrangements allow customers to enjoy advantages of solar energy […]
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Interview
The POWER Interview: IRA’s Impact on Solar’s Evolution
The Solar Energy Industries Association (SEIA) and Wood Mackenzie’s recent report on solar power installations said the U.S. installed a record 32.4 GW of new solar generation capacity in 2023, including 22.5 GW of new utility-scale capacity. That’s a 37% jump from the previous record, set in 2021, and a 51% increase from 2022. The […]
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Nuclear
Nuclear Power on the Moon? Russia, China Working on a Plan
The head of Russia’s space agency said his country and China have been working on a program to build a nuclear power plant on the moon, with an eye toward producing electricity that would allow settlements on the lunar surface. Yuri Borisov, who leads Russia’s Roscosmos space group, on March 5 said the agency was […]
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Legal & Regulatory
NRC Sets Stage for Advanced Nuclear with New Part 53 Rule
The Nuclear Regulatory Commission (NRC) has directed its staff to publish a proposed rule and draft guidance to create Part 53, a much-awaited risk-informed and technology-inclusive licensing framework geared toward advanced technologies, including non-light-water-reactors (non-LWRs). In a staff requirements memorandum (SRM) made public on March 4, the commission directed staff to incorporate several changes to […]
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Trends
Shifting Gears: How Diesel and Gas Engines Are Thriving in the New Power Paradigm
As the global power industry pivots toward decarbonization and decentralization, major manufacturers of diesel and gas engines are strategically adapting to change. While large power plants frequently garner
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Sustainability
UK’s Drax Eyes U.S. for Bioenergy CCS Expansion Drive
The 2.6-GW Drax Power Station in northeastern England—once Western Europe’s largest coal-fired power plant—is poised to pioneer bioenergy with carbon capture and storage (BECCS), a negative emissions