Business
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Trends
South Korean Companies Snap Up Opportunities to Advance Floating Nuclear, Nuclear Hydrogen, SMRs
Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear power plants joined forces with TerraPower to bolster the demonstration and commercialization of Natrium, TerraPower’s sodium-cooled fast reactor integrated energy system. The deals were announced […]
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Commentary
U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand
COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]
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Commentary
Will New Business Models Topple VPP Roadblocks?
My job has made me a frequent flyer, but I can’t imagine stepping onto a plane without confidence in the air traffic control system and its complex interplay of regulation, technology, communications, scheduling, and human expertise. Many obstacles were overcome to achieve modern aviation—and the same is true where I work: today’s electric grid. Virtual […]
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Offshore Wind
Norwegian Group Promotes 20 Areas for Offshore Wind Development
A Norwegian energy regulator has told officials it has identified at least 20 areas suitable for offshore wind farm development, as the government seeks to meet a target of installing at least 30 GW of offshore wind power capacity by 2040. The Norwegian Water Resources and Energy Directorate, known as NVE, an agency under the […]
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Press Releases
Framatome achieves critical NRC approval in development of advanced nuclear fuel technology
April 25, 2023 – Framatome received approval from the U.S. Nuclear Regulatory Commission to apply the company’s suite of Advanced Codes and Methods to operating conditions with uranium-235 enrichments above the industry standard of 5 weight percent (wt%). This approval is a critical step toward the company’s goal of reload readiness by 2027 for nuclear […]
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Press Releases
Camus Energy Announces Partnership with Vermont Electric Cooperative
SAN FRANCISCO, CA (April 24, 2023) — Camus Energy, a leading grid orchestration software platform, announced today a partnership with Vermont Electric Cooperative (VEC), its first with a utility in the Northeast. The collaboration directly benefits 33,000 VEC members across 75 communities, ensuring reliability, low costs, and efficiency as the grid evolves. “VEC and Camus share […]
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Markets
Challenges with Optimizing Generation Assets in New World with Large Renewable Mix
New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s Affordable Clean Energy (ACE) rule. Both policies aim to reduce and limit carbon dioxide emissions […]
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Nuclear
Fluor to Bolster Commercialization of Laser Fusion Power
Engineering, procurement, and construction (EPC) giant Fluor Corp. will serve as an engineering and construction partner to design and plan laser fusion power plants developed by Longview Fusion Energy Systems—a company leveraging the recent fusion breakthrough at the National Ignition Facility (NIF). Fluor on April 18 announced it signed a memorandum of understanding (MOU) with […]
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Press Releases
The world’s first dynamic, green Power-to-Ammonia plant takes shape
The green transition demands efficient storage of renewable energy, to which end a number of Power-to-X plants are under construction in Denmark. They are designed to convert green electricity to another form of energy, such as green fuels. And in the vanguard of this new technology is Lemvig, where the construction of the world’s first […]
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Press Releases
GE Announces New Options to Further Reduce Emissions on LM2500XPRESS* Aeroderivative Gas Turbines
Selective Catalytic Reduction (SCR) and Catalytic Oxidation Reduction (COR) systems are now available on GE LM2500XPRESS* aeroderivative gas turbines COR emissions control technologies were installed for the first time on GE’s LM2500XPRESS* units in Colorado to reduce emissions of carbon monoxide (CO) up to 50%. ATLANTA, GA — April 20, 2023 —GE (NYSE: GE) today […]