Energy Security
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Trends
European Energy Crisis Prompts Utility Takeovers in Germany, France
With winter fast approaching, and the dreaded effects of extreme natural gas price levels and volatility looming, together with unprecedented uncertainty of fuel supply, governments in Germany and France have
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Power
Inflation Reduction Act: Increased Electrification and Resulting Utility Implications
While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]
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Energy Security
Shift to Specialty Fuels—A Driving Force to Build Supply Chain Resilience
Geopolitical tension, ongoing energy crisis, supply chain disruption, and destructive climate change effects have been altering energy needs and sourcing requirements. Global companies have been transitioning from traditional fossil fuels to specialty fossil fuels, such as industrial heating oil (IHO) and CO2-as-Energy. In addition to cost savings (25% to 30%), they offer relatively high heat […]
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Energy Security
Switzerland Secures 250-MW GE Gas Power Temporary Power Plant For Crucial Winter Reserve
The Swiss Federal Office of Energy (SFOE) will install 250 MW of temporary reserve power—via eight trailer-mounted GE Gas Power TM2500 mobile aeroderivative gas turbine units—to secure critical power supplies this winter. GE Gas Power said the units, which will be located at GE’s Manufacturing Center in Birr, in the Swiss canton of Aargau, near […]
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Energy Security
A New Breed of Energy Security: HO Clarke Power Plant
WattBridge, a relatively new independent power producer that evolved out of a non-OEM aeroderivative gas turbine solutions provider, completed its first power facility based on a standardized LM6000 plant
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Energy Security
NuScale, Last Energy Make Significant Insteps for SMRs in Poland
NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]
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Energy Security
Germany Halts Closure of Two Nuclear Plants Until April 2023
Germany plans to keep two of its three last nuclear power plants on standby until mid-2023—beyond their year-end closure deadline—to bolster its energy security through the winter. However, the declaration has prompted confusion within Germany’s nuclear industry, which says nuclear plants aren’t suited to perform as operating reserve. Germany’s Federal Ministry for Economic Affairs and Climate Action […]
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Energy Security
California Declares Stage 3 Emergency Alert, Warns Rotating Outages Possible
California’s grid operator issued a Stage 3 energy emergency alert (EEA) at 5:17 p.m. PST on Sept. 6, warning it would order rotating power outages to lower soaring power demand and stabilize its grid, if necessary. The California Independent System Operator (CAISO) cautiously raised the emergency alert from Stage 2, which it had declared earlier […]