Archive: International

IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040

Solar photovoltaic (PV) could surge ahead of coal and gas and become the largest source of installed power capacity in the world by 2035 if countries pursue stated policies and targets, the International Energy Agency (IEA) said in its newly released World Energy Outlook 2019 (WEO2019).  The agency’s annual publication, which it issued Nov. 13, […]

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One Nuclear Power Project Delayed; Three Leap Forward

The long-overdue Olkiluoto 3 nuclear power plant (NPP) in Finland has been delayed again, but nuclear projects in Russia, Canada, and Iran achieved important milestones in November. New Novovoronezh Unit Enters Commercial Operation Rosatom announced on Nov. 1 that Unit 2 at the Novovoronezh Nuclear Power Plant II entered commercial operation 30 days ahead of […]

AES Commits to Build 2.2-GW CCGT Plant in Vietnam

AES Corp. on Nov. 8 signed a memorandum of understanding with the Vietnamese government to build a $1.7 billion gas-fired power plant in Vietnam. The U.S. Embassy in Hanoi made the announcement along with U.S. Secretary of Commerce Wilbur Ross, who was attending a ceremony marking the 25th anniversary of the establishment of the American […]

New Boosts for Commercial Production of HALEU Advanced Nuclear Reactor Fuel 

Efforts to commercialize production of high-assay, low-enriched uranium (HALEU) fuel, which is needed for an array of advanced reactors, ramped up this week with two major announcements.  As the Department of Energy (DOE) contracted Centrus Energy to demonstrate production of HALEU fuel for advanced reactors at the DOE’s American Centrifuge Plant in Piketon, Ohio, private […]

The POWER Notebook: Power Sector Digitalization Accelerates

The pace at which new digitalization technologies are being adopted in the power sector is dizzying, but news from major players in the sector—among them, AES, Invenergy, Google, and IBM—this week suggests it will only accelerate.  For more insight into power plant digitalization, including the latest in digital monitoring, diagnostic, analytics, Industrial Internet of Things […]

GE Shelves Plans to Spin-Off Digital Business

GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation, GE Digital CEO Pat Byrne told customers in an Oct. 31 letter. “I want to affirm that GE Digital is staying in GE,” Byrne wrote. […]

Solar Projects Show Rapid Growth in Middle East

Solar power continues to make inroads in the Middle East and North Africa (MENA), and other parts of the Persian Gulf region. The Middle East Solar Industry Association (MESIA) in late September said it