International
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Renewables
Newtonian Shift Game Helps Power Industry Comprehend Transition
How do you get generating company executives and those who interact with the power industry to think outside the box when planning for the future? The answer may involve a board game. Humans are pre-programmed to prefer routine, tradition, and regularity, without questioning whether longevity equals good. Fear of the unknown, and the power of […]
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Nuclear
China Starts Building SMR-Based Floating Nuclear Plant
China has officially begun construction of its first offshore nuclear power plant, a demonstration project that will employ the domestically developed ACPR50S small modular reactor (SMR). China General Nuclear Power Corp. (CGN) on November 4 told reporters at a press conference that the project (Figure 6) is a “top priority” that will further the country’s […]
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T&D
Readying for New HVDC Line, U.S. Lags Behind Rest of World
The U.S. may be getting its first overhead 600-kV high-voltage direct-current (HVDC) line in more than 20 years. Developers are advancing the Plains and Eastern Clean Line, a 720-mile (1,150-kilometer [km]) project that could deliver 4 GW of renewable power from the Oklahoma Panhandle region to states in the Southeast. The project is spearheaded by […]
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Coal
IEA: Coal Boom Is Over
If broad policy commitments announced by various countries are implemented, coal will not only lose its rank as the dominant fuel for power generation to renewables by 2040, but the world’s coal fleet will be significantly transformed by technology advances, the International Energy Agency’s (IEA’s) newly released World Energy Outlook (WEO-2016) forecasts. Under a baseline […]
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Legal & Regulatory
Mexico Makes Rapid Progress on Energy Reform
Barely a year after Mexico launched a wholesale market with retail competition as part of a wide-scale reform of its power sector, the country has managed to implement a transparent system that is attracting investment. Mexico has also expanded its grid and deployed notable amounts of renewables that are producing power at unprecedented low prices, […]
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Renewables
POWER Digest
Japanese Firms Poised to Build Two 540-MW IGCC Plants Based on Nakoso Technology. A consortium of Japanese firms on December 1 said they had received full-turnkey orders for two integrated gasification
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Legal & Regulatory
A Look Back at 2016: The Year of Transition
A tumultuous election year that was marked by market turmoil, the events of 2016 clearly showed that big change is afoot for the power sector. Many of POWER‘s bold predictions for 2016, such as that the near-simultaneous surge in U.S. natural gas production and recent enactment of environmental rules would reshape the U.S. power sector, […]
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Legal & Regulatory
Westinghouse’s Losses from Nuclear Business Deal Mount
Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster Inc. (S&W). Westinghouse closed on its agreement with CB&I in December 2015. When the deal was made, Toshiba estimated that the amount of “goodwill” resulting […]
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Legal & Regulatory
Obama and Trudeau Ban Oil & Gas Leasing in Arctic, Parts of Atlantic
In a joint statement on December 20, the leaders of the United States and Canada announced that they had developed a new partnership that effectively bans additional licenses for oil and gas drilling in the Arctic and parts of the Atlantic Ocean.
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Climate change
U.S. and Canada Join Forces to Battle Cyberattacks on Electric Grid
A joint strategy released by the governments of the U.S. and Canada to thwart the growing threat of cyberattacks on the electric grid sets three priorities that the countries said would be critical to preserving energy and national security. The “Joint United States-Canada Electric Grid Security and Resilience Strategy,” released on December 15, outlines three […]
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