Business

DENVER, Colorado (Oct. 6, 2021) — Redeux Energy Partners, a developer of utility-scale, clean energy projects, today unveiled additional details about its capital backing, operations and plans to develop gigawatts of renewable energy and storage assets. The funding was closed in late 2020, led by a combination of Cathexis Holdings and Thoroughbred Holdings. The company’s […]

Consumers today want their utilities to provide an experience like any other service provider, offering the same control and transparency. User-friendly smart meter technology has allowed consumers to play a bigger role in managing their energy usage and cost. But to give customers true command of their energy consumption, the industry needs distributed intelligence technology. […]

Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see a global push toward clean energy with wind and solar power, and companies are accelerating […]

As the energy sector transforms and innovates into a decarbonized, digitalized industry, it is crucial that talent pools are available with the right balance of skills and experience to deliver the projects and operations needed for a brighter tomorrow. NES Fircroft, a staffing company dedicated to providing the skilled engineers and technical workforce needed to […]

Gas turbines have grown into a hallmark of the modern power system for their high efficiency, reliability, operational flexibility, fuel flexibility, and low-emission power options. But if gas turbines are to

Vattenfall Inaugurates Scandinavia’s Largest Offshore Wind Farm. Vattenfall on Sept. 6 said it inaugurated the 604-MW Kriegers Flak facility, a new offshore wind farm that is located in the Baltic Sea, 15 to

China’s tightening coal supplies, more stringent energy intensity and environmental restrictions, and soaring industrial power demand have triggered another widespread power crisis. Blackouts and brownouts have reportedly afflicted numerous provincial jurisdictions across the economic powerhouse this week, most prominently in Guangdong in the south, and Heilongjiang, Jilin, and Liaoning in the northeast, according to state-run […]

Terrestrial Energy has unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station. This week, the Canadian firm also announced a series […]

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. […]