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Environmental, social, and governance (ESG) efforts are factoring into merger and acquisition (M&A) deal activity within the power and utilities sector across North America, according to a report issued by PwC, a professional services firm serving the “Trust Solutions and Consulting Solutions” segments. “As policies are clarified and ESG strategies are strengthened, broad investor interest […]

The world is changing rapidly as technology advances at breakneck speed. From the fourth industrial revolution and virtual reality to 5G and artificial intelligence (AI), our society is on the brink of tremendous technological upheaval. Although many industries evolve alongside innovations, some, such as utilities, have not moved at the same pace. This is in […]

Japan is furnishing $500 million (59.8 billion yen) to much-watched projects that will develop and demonstrate 100% fuel ammonia combustion technology for gas turbines and 50% co-firing at coal boilers, as part of an effort to build out the nation’s supply chain for fuel ammonia. The country’s national research agency New Energy and Industrial Technology […]

The National Oceanic and Atmospheric Administration’s (NOAA’s) National Centers for Environmental Information (NCEI), which calls itself “the Nation’s Scorekeeper in terms of addressing severe weather and climate events,” reported that there were 20 “weather/climate disaster events” with losses exceeding $1 billion each that affected the U.S. in 2021. These events included one drought event, two […]

Ethiopia is reportedly gearing up to begin testing hydropower generation at its flagship 5.2-GW Grand Ethiopian Renaissance Dam (GERD), despite a continued diplomatic row about its potential implications on water consumption on the Blue Nile. Citing unnamed project sources, Capital, a weekly Ethiopian business newspaper, reported this week that work to begin test power generation […]

A leaked draft of the European Commission’s proposal to label some natural gas and nuclear power plants as “transitional” or “green” investments has prompted pushback from some European Union (EU) members. Criticism is also mounting in South Korea, where liquefied natural gas (LNG) was included in its new green taxonomy guidelines—but nuclear was left out. […]

While some sectors of the power industry are struggling to stay relevant, there are many more segments that are thriving. As new technologies are developed and perfected, there is more reason than ever for

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

While 2021 unfolded with some relief from the chaotic global pandemic that jolted the world in 2020, the year may be remembered for its extraordinary series of energy crises. After a cold snap prompted mass

For more than three decades, the Electric Power Research Institute (EPRI) has led the power industry in developing, advancing, and demonstrating cost-effective heat rate improvements via new technologies, hardware, software, and best operating/programmatic practices for enhancing efficiency at minimal cost and maximum reliability. As the power industry moves toward net-zero carbon emission goals, heat rate […]