Distributed Generation
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Hydrogen
Hydrogen Production, SMRs Touted for Virginia Data Center Hub
Two companies supporting different technologies in the energy sector have formed a joint venture to develop an industrial park in Virginia that could feature data centers powered by hydrogen gas generators and small modular reactors (SMRs). Green Energy Partners (GEP), a Pennsylvania-based group better known for its development of solar power, and IP3 International—a nuclear […]
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Solar
Investors Announce Nearly $75 Million in Funding for Community Solar
Investors are continuing to pour money into community solar projects, with groups on July 31 announcing nearly $75 million in funding for multiple installations. Renewable Properties, which develops and invests in small-scale utility and community solar installations, on July 31 said it has closed its Fund 9 portfolio. The company said the $53.5 million portfolio […]
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Interview
The POWER Interview: Harnessing the Energy Potential of American Agriculture
Much of the innovation in the power generation and energy sectors revolves around efficiency, with companies working to ensure a reliable and resilient supply of electricity while also reducing emissions. Those efficiency measures also include technologies to enhance sustainability, including recycling, cleaner fuels, and providing alternative modes of electric power. Companies such as Clean Energy […]
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Nuclear
Finnish Group Touts Nuclear Reactor for District Heating
A Finnish group announced construction of a reactor-based heating plant that would provide residential and district heating, saying the project would advance the district energy model and support decarbonization and electrification in Europe as more countries move away from the use of fossil fuels for energy. Steady Energy, a company spun out of the VTT […]
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Renewables
Duke Energy to Shed 3.4-GW Unregulated Renewable Business Segment in $2.8B Deal
In a bid to transition to a fully regulated business, Duke Energy will sell its unregulated utility-scale solar and wind group—a portfolio of 3.4 GW—for an enterprise value of $2.8 billion to pure-play renewable power platform Brookfield Renewable. The companies announced the transaction for a portion of Duke Energy’s Commercial Renewables business segment on June […]
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Nuclear
POWER Digest [June 2023]
KEPCO Wants to Extend Operations of Two Reactors. Japanese utility Kansai Electric Power Co. (KEPCO) in April asked Japan’s Nuclear Regulation Authority (NRA) for permission to extend the lifespan of Units 3
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Connected Plant
Utilizing Data Is Key for Top Grid, Power Plant Performance
The wealth of data available for today’s power generators is supporting more efficient electricity production, and more reliability and resiliency for the grid. There are many reasons utilities and power
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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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Distributed Power
DOE Offers $3B Conditional Loan Guarantee to Virtual Power Plant Initiative
Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power plant (VPP) deployment. The Department of Energy (DOE) Loan Programs Office (LPO) on April 20 said it would provide a partial loan guarantee for up […]
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Interview
The POWER Interview: How a Canadian Small Reactor Will Support Industrial Decarbonization
The nuclear power industry is banking on development of small modular reactor (SMR) technology to support global growth. Canada is at the forefront of the SMR market, with at least four Canadian provinces involved in a joint strategic plan to advance the deployment of SMRs. ARC Clean Technology Canada recently signed a Memorandum of Understanding […]