Business

South Africa is in the midst of an energy crisis characterized by electricity shortages, blackouts, and lack of new infrastructure investment. Eskom, the state-owned utility supplying more than 90% of the nation’s electricity, has suffered from operational failures, maintenance issues, and breakdowns at aging, poorly maintained power stations, leading to steady declines in the energy […]

A Virginia-headquartered group said it has brought online the first two of the company’s four planned energy storage systems (ESS) designed to support and stabilize the New York City power grid. Summit Ridge Energy on July 25 said the projects, located across Brooklyn and Staten Island, ultimately will provide 58 MWh of generation to the […]

History and Innovation Come Together for Advancement in Corrosion Protection for Bolting  HOUSTON, TX (July 24, 2023) – Lamons, a global leader in safety sealing and attachment solutions, announced a new partnership with Modumetal, a state-of-the-art research and development company focused on a new class of metals known as nanolaminated metals. Combining the 75-year history […]

A UK-based energy supplier that counts former U.S. Vice President Al Gore among its investors announced it would pour about $20 billion into offshore wind projects by 2030. Octopus Energy Group on July 24 said the investment would come through its generation division. The company said it envisions building 12 GW of offshore wind capacity […]

Site safety, equipment reliability, and a balanced budget from smooth operations are the cornerstones of a successful power grid. Today’s utility companies face immense challenges with current equipment monitoring practices, such as failures from aging electrical equipment, the need to extend the life of critical assets, and carrying out ongoing lifecycle management that is essential […]

There are many reasons to be excited about the U.S. nuclear power industry and its potential for growth. For activists focused on climate change, its carbon-free attribute makes it a viable long-term power resource. Additionally, its around-the-clock generating capability makes it a vital option in a world increasingly filled with intermittent renewables. Furthermore, new technology […]

Eisenstadt, Austria, 19 July 2023 – The first operational Organic SolidFlow Battery of the world has successfully been delivered. CMBlu Energy, the manufacturer of this secure, sustainable and affordable battery storage system and Burgenland Energie, the hosting electric utility, have held a ceremony with prestigious guests covering politics, economics and science. The world premiere took […]

Power industry professionals searching for valuable data and insights on U.S. power plants will find a wealth of information in the POWER Plant ID (Intelligence Database) research tool. Data available includes plant locations, capacities, generation types, ownership breakdown, production history, emissions data, and more.   HOUSTON/AUSTIN, Texas (July 18, 2023) — POWER, the leading power […]

Egypt’s support for renewable energy has received another boost, with ACWA Power and Egyptian officials on July 17 signing an agreement to allocate land for a 10-GW wind power project. Saudi Arabia-based ACWA Power, the world’s largest private water desalination company, on Monday announced a memorandum of understanding (MoU) with the New and Renewable Energy […]

Fairfield, OH – Maintaining yaw and pitch drives is a challenge because of the inherent time that it takes for maintenance personnel to ascend to the nacelle.  But foregoing maintenance can lead to costly failures and even more downtime.  The Magnashear™ motor brake from Force Control Industries eliminate pitch drive maintenance by eliminating the root […]