Business

Speaking at the 5th annual India Coal Conference in New Delhi, FutureCoal CEO Michelle Manook said, “Government and finance policies, which embrace a ‘cancel coal’ mantra, are short-sighted and undermine the very ambitions we seek to achieve as a global community.” Formerly known as the World Coal Association, FutureCoal: The Global Alliance for Sustainable Coal […]

The Department of Energy (DOE) has initiated a new “enabling” pathway to achieve and sustain a dramatic transformation of the nation’s evolving grid—through its power electronics fabric, with the realization of advanced semiconductor materials, devices, and power module technologies. The agency on Nov. 21 unveiled the agency’s first awards—$42 million for 15 projects across 11 […]

The power industry must adapt. Reliable electric service is more important than ever, but the push for green energy and rising cost concerns complicate things. Thankfully, several new technologies offer potential solutions. Electric thermal storage is particularly promising. As renewables grow, buildings and utility grids will need a way to store excess energy from peak […]

In late 2024, a first-of-a-kind, fully functional project spearheaded by Duke Energy, GE Vernova, and Sargent and Lundy could begin demonstrating the commercial peaking capabilities of an integrated hydrogen power-to-power system at Duke Energy’s DeBary power plant in Florida. In an exclusive interview, project partners revealed details of the potentially trailblazing installation, which is slated […]

A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about 1.5 GW of generation capacity. TotalEnergies, a multinational company operating in several energy sectors and headquartered in Paris, France, announced the $635 million deal on […]

For energy consumers that have flexibility to modify their energy use in response to direction from a utility or the relevant transmission operator (i.e., to reduce load by changing or rescheduling what they are doing), selling demand response (DR) can be a lucrative additional revenue stream. Depending on the location, such consumers may have multiple […]

The effort to electrify vehicles is a growing trend sweeping through America. The task is expensive enough to keep it from ever being quick. Still, funding is available from numerous sources and the commitment to accomplish what would once have seemed impossible is obvious. One of the largest vehicle fleets in the country is the […]

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]

A Canada-based digital asset mining and computing company is close to acquiring four small natural gas-fired power plants in Ontario. Hut 8 Mining Corp., headquartered in Toronto, on Nov. 3 announced the Ontario Superior Court of Justice approved the company’s bid for the facilities, and for a bitcoin mine in North Bay. The gas-fired plants […]

Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]